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Annual Report

2006 - 2007

BSAA Chairperson's Report
SUB-COMMITTEE'S REPORT ON Agencies And Conventional Vessel
SUB-COMMITTEE'S REPORT ON Maritime Public Affairs
SUB-COMMITTEE'S REPORT ON ICD/OFF-DOCK
SUB-COMMITTEE'S REPORT ON Law And Regulation
SUB-COMMITTEE'S REPORT ON Member Activities And Benefits
SUB-COMMITTEE'S REPORT ON Communications
SUB-COMMITTEE'S REPORT ON Logistics
FINANCIAL STATEMENT AS AT MAY 31, 2007&2006
 
SUB-COMMITTEE'S REPORT ON
ICD/OFF-Dock
 

    In 2006, the total throughput at the Lat Krabang ICD was 1,531,746 TEUs, a 17.83% increase from the previous year. Import volumes increased by 15.49% while the export volume increased by 20.09%. First quarter 2007 shows a 17% growth during the same period last year.

                 2005                       2006                Increase 1st Qtr                 2007
Import     638,496                  737,416                  15.49%                       195,492
Export     661,443                  794,330                   20.09%                       211,549
Total      1,299,939                1,531,746                17.83%                       407,041

    Transportation usage remained stable from 2005 to 2006. However, export volume by train decreased 5%. By contrast, the first quarter of 2007 has shown increased train utilization.

                      2005                      2006                 Incr./Decr. 1st Qtr              2007
Import Train     28%                      27%                           -1%                         32%
Import Truck    72%                      73%                           +1%                         68%
Export Train     35%                      30%                            -5%                         37%
Export Truck     65%                      70%                           +5%                         63%

Rail Transportation Situation
    The rail system has continued to fare poorly. The goal of 24 trips per day has still yet to be reached. Locomotive and wagon damage continue to cause train delays and cancellations, and the major repairs required for the railway track between Lat Krabang and Laem Chabang, which are now complete, caused severe cancellations. Despite these repairs, there are still delays as the main problems have not yet been solved.
    In 2007, the SRT plans to increase its trip to 26-28 per day. Furthermore, the double track rail from Chacheongsao to Laem Chabang is still pending due to changes in the SRT Board and Government. Increases in train capacity will not be possible until the second phase of the double track rail is completed.

Road Conditions
    Road conditions are still very good. The traffic around the ICD has improved. Parking in prohibited areas has decreased as the police are now ticketing unauthorized cars.

New ICD Project
   The planning of the new ICD project is still pending as the SRT has to wait for new government elections so it can receive directions.

Renewal of Concessions
   The SRT and the ICD operators have not reached any conclusions yet. The price is now lower than previously requested by the SRT. The concession has already expired, but it is not clear when the rate will be finalized and when the contract will be signed. It is very difficult for the ICD operators to plan their business strategies without knowing what the rate will be and what terms and conditions will be applied. At this point, it seems that all ICD operators can do is wait and see.

 

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