PRESIDENT’S NOTESUP COMING EVENTS

One S tam fo rd Land ing , 62 Sou th f i e l d Avenue • S t am fo rd , Connec t i cu t • 0 6902

President’s Notes —page 1

From the Editor —page 3

CMA Summer Intership —page 3

Luncheon September 20, 2007 –A Johnny K Production —page 4

“Intrepid” takes it - Clipper Bulk & Intrepid ShippingRetain the Kulukundis Cup —page 6

New EU Regulations Governing Shipping Pools —page 8

World Maritime Day in New York October 25, 2007 —page 9

Membership Notes —page 9

Post Card from Halifax, Nova Scotic —page 9

Post Card from Miami October 3-5, 2007 —page 10

Seamen’s Church Institute Gets New President —page 11

Close the GAPS —page 11

Job Mart —page 13

VOLUME XVII, NUMBER 8SSP T 2000N E W S L E T T E R OCTOBER 2007

SAVE THE DATES

OCTOBER 2007

Wednesday, October 17, 2007

Half Day Seminar - New EU Regulations

Governing Shipping Pools

TheYale Club, NewYork CityNoon to 5 PM, Buffet luncheon included

See page 8 for more information

NOVEMBER 2007

Thursday, November 29, 2007

CMA Monthly Luncheon

Speaker: John Veson, Veson Nautical Corporation

Water’s Edge at Giovanni’s

2748 Post Road, Darien, CT 06820

Cash Bar: 12 Noon, Seating for lunch: 12:45pm

Members: $40 per person/Non-Members: $45 per person

For reservations for all CMA Events please callLorraine at +1.203.406.0109 Ext 3717

CONTENTS

Friday, September 28, 2007 -- Aboard the twelve meter

yacht Columbia, racing in the Third Annual CMA Regatta

against 7 other America’s Cup boats. The weather is good

for doing just about anything, but perfect for sailing on a

boat with a big sail. The wind is building at 15 – 20 knots;

seas 1 – 2 feet; temperature at 75˚. There is positively no

other place I would rather be.

The participants assemble at Indian Harbor Yacht Club in

Greenwich, Connecticut at 11:00 A.M. Each boat has 10

crew members and one or two company sponsors. The

rivalry begins at the juice bar and gets better as the day

wears on, especially during the cocktail reception after the

races. The actual sailing results are irrelevant to the banter.

By 12:00 the fleet is motoring out to the sailing grounds.

The captains give brief general instructions, and the crew

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• CMA INFORMATION •

OFFICERS

PRESIDENT VICE PRESIDENTPeter Drakos Bob Kunkel

P: (203) 569-9538 P: (203) 831-8977F: (203) 569-9554 F: (203) 286-1474

Email: pdrakos@blankrome.com Email: rkunkel4@yahoo.com

SECRETARY TREASURERLaura Mirabella Bob PascarellaP: (203) 629-2300 P: (203) 325-9771F: (203) 629-9101 F: (203) 323-6266

Email: mirabella21@hotmail.com Email: robert@tpacpa.com

GOVERNORS & COMMITTEE CHAIRS

MEMBERSHIP PLANNING & ADMINEvan Galanis Chris Aversano

P: (203) 356-2000 P: (203) 629-2300F: (203) 356-2010 F: (203) 629-9101Email: evan@galanis.us Email:

chris.aversano@crweber.com

SOCIAL COMMUNICATIONJohnny Kulukundis Tom HodgsonP: (203) 550-1720 P: (203) 326-2830F: (203) 629-9103 F: (203) 363-5346

Email: Email:john.kulukundis@gmail.com thodgson@mjlf.com

EDUCATION CHANGE OF ADDRESSNora Huvane Faith Marr

P: (203) 406-0106 P: (860) 354-1182F: (203) 406-0110 F: (860) 350-3887

Email: Email:nhuvane@marinemoney.com cmaconnect@sbcglobal.net

THE CMA HOME PAGE ADDRESS ISwww.cmaconnect.com

LETTERS TO THE EDITOR & NEWSLETTERDonald B. Frost

P: (203) 406-0109 • F: (203) 406-0110Email: Editor@cmaconnect.com

JOB MART: Lorraine Parsons/Cari KoellmerEmail: conferences@cmaconnect.com

WEB: Lorraine ParsonsEmail: conferences@cmaconnect.com

2

on each boat decides amongst itself who will grind, winch,

tail, release, and serve various lesser tasks. I am given the

leisurely job of “official timer”. Good thing I’m thick skinned.

The races start at 1:00 P.M., by which time the wind is

steady at 20 knots, gusting to 25. Twelve meter yachts

were designed for speed. They are roughly 70 feet long,

with a mainsail that takes forever to put up and a headsail

that the grinders wish was smaller. They are pure power

in 20 knots of wind, making it a tense thrill to be jockeying

with 7 other twelve meters in the five minutes before the

start of each race.

Columbia seems to be 1 minute late for the first start. For

the good of the team I give up my duties as time keeper

and I become co-founder, with Rusty Parker, of the heel

mitigation department. We are clearly under-utilized talent.

We sail a total of 4 races to a single windward mark, so that

there is one windward leg and one downwind leg in each

race. The windward leg is all action and spray -- the down-

wind leg is quiet and peaceful, but almost as fast. It is two

different worlds.

There is a unique moment that occurs while rounding a

mark. The boat groans as the sheets are let out and the

quiet begins, while a competitor is close behind with the

fury of going to windward as it reaches the mark. The

power of a twelve meter yacht is felt when you look back

and see the rage at your stern. You think it might be a bit

Single source vendor:Spare Parts + Equipment

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FROM THE EDITOR

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Wow! What a month!!! There was a lot to write about and I

think October will be almost as busy.

Sometimes it is hard for me to judge CMA and its contribu-

tion to the industry. However, after I listened to some of the

presentations at ASBA’s Cargo Conference, I realized that

our September luncheon was actually a very instructive

event albeit with some over the top entertainment.

I do hope you can join us October 17th at the Yale Club.

CMA has been on the cutting edge of changes in the indus-

try for more than 20 years and this topic will again be

ahead of the industry’s awareness curve. I doubt you will

walk out of the event feeling certain you know how the EC’s

Competition Rules (similar to US Anti-Trust laws) will really

effect shipping pools, but I think you will recognize the rea-

soning behind them and how they might be applied to

tramp shipping markets in general in the future. Just as the

September luncheon was a look back at a changed indus-

try, you will have a peek at the future and how the very fab-

ric of our markets could change – not right away, but “you

won’t need the weatherman to know which way the wind

blows.”

safer to be on the other boat, but bragging rights are more

important.

We finished the four races and headed in. The second

round of competition, the trash talking, heats up at the

cocktail bar and carries on through the dinner and beyond.

Who could ask for anything more from a day out of the

office.

On behalf of all of the crews and spectators I say a special

thanks to Johnny Kulukundis and Lorraine Parsons for con-

ceiving, planning and executing the best day on the water

and on shore. From start to finish, the CMA Regatta is a

first class event. Many thanks.

As for the other boats, watch out for Columbia. I hope to

be sitting on the rail with Rusty again next year.

Best regards,

Peter G. Drakos

Last Spring we noted the coming retirement of two Coast

Guard officers from the New Haven, CT station with whom

we had enjoyed a great working relationship. LCdr. Alan

Blume, USCG (ret) retired in August and I am pleased to

note that we will continue to see him at CMA events as he

has joined International Registries, Inc. (IRI), the adminis-

trator of the Marshall Islands’ registry. He can be contacted

at ablume@register-iri.com.

Donald Frost

CMA SUMMER INTERNSHIP

By Sean Minogue

This summer I was fortunate enough to find myself amidst

the CMA fellowship. In July I joined International Marketing

Strategies (IMS) as a summer intern serving CMA and IMS

affiliated companies, Marine Money and MTI for five

weeks. Sarah Noonan, the previous intern, was kind

enough to brief me on my tasks as she passed the torch.

Although data entry and excel spreadsheets consumed

most of my efforts, I was also assigned several written

assignments, creating a balanced workload. I was not com-

pletely unfamiliar with the maritime industry, as I have

spent two summers working under my father, Michael

Minogue, at ECM Maritime Services.

As a journalism major at The Ohio State University, I

gained helpful experiences through my writing assign-

ments for the CMA newsletter and Marine Money maga-

zine. Under the tutelage of Jim Lawrence I garnered a bet-

ter understanding of the publishing industry. I managed to

grasp some knowledge of the shipping industry as well. For

example, a piece I wrote about Chinese shipbuilding shed

some light on the shipbuilding industry and the upside for

Chinese shipyards.

My main project over the five-week period was to contact

all of the companies in Marine Money’s finance directory

and update their contact information and firm activities.

Hundreds of emails later, I slowly received feedback and

was able to make several changes and updates for Marine

Money’s annual directory.

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Although progress was made, hard work always came with

a reward. Within my first two weeks working under the

CMA, I was participating in picnics and tennis tournaments,

reaping the benefits of the casual summer atmosphere.

The CMA always provided a welcoming social environment

and a truly unique group of individuals. I appreciate the

time I have spent with the CMA and I hope my efforts were

up to those of the CMA standard!

LUNCHEON SEPT. 20, 2007 –A JOHNNY K PRODUCTION

Hurry! Hurry! Hurry! - Not even P.T. Barnum, the circus king

who started his career in Bridgeport, CT, could make a dis-

cussion about moving coal and ore from here to there,

while the audience, no less the panelists, are imbibing, and

make it a major media event. Of course, Johnny K is not

your ordinary impresario.

In the spotlight were the panelists: Detlef Joerss of LB

Chartering; Robert Dillon of John F. Dillon & Co.; John

Bamford of Simpson Spence & Young and Phillip Syrrist of

Skaarup Shipbrokers. Mike Robson of Navios moderated

(most of the time) the discussion that was intended to

attribute responsibility for the disappearance of the long

lunch – a shipping institution akin to the teletype. The audi-

ence of over 120 included some investment banking types

that found the history and antics funny, but seemed to find

it all at odds with the seriousness of today’s market place.

The choice of Mike Robson of Navios was inspired. Should

the market go to the moon as Mr. Syrrist suggests, Mr.

Robson, might find his second career in stand-up comedy.

The entertainment and the jokes were non-stop and unfor-

tunately too fast to record. We particularly enjoyed Mr.

Robson’s notation that the panel in aggregate had over 130

years of charter market experience of which only 40% was

spent in the pub. Mr. Syrrist’s reading of Mr. Robson’s old

telex (not email!) regarding useful rules for dry cargo char-

tering practice was hilarious. Nonetheless, amidst all the

insanity and hoopla, there was interspersed some thought

provoking ideas worthy of note.

John Bamford made an interesting comparison between

the current peak market and the last one 4 years ago.

Focusing on Handysize bulkers, he noted that in 2004 the

one year t/c rate was $24,000 per day. The five year rate

was $11 –12,000 per day and the vessel value peaked at

$21 million. Today, 3 years later, the one-year rate is the

5

same. However, the five-year rate is $17,500 to 18,000,

and further reflecting this optimism the value is $32 million.

For perspective, Robert Dillon reminded people what a bad

market was by describing a zero rate fixture - bunkers only,

and warned that history does repeat itself.

Mr. Syrrist, provided two interesting calculations. In the first

instance, he posited that if each of China’s 1 billion + citi-

zens ate a single steak each YEAR, corn demand would

increase by 2 million tons per year. His second example

required an equation to calculate the impact of port con-

gestion. Assuming a Cape (sized bulker) does seven voy-

ages a year it encounters fourteen port calls. Projecting

three days waiting at each end comes to 42 days per ves-

sel per year, multiplied by 600 vessels which he equated to

28,000 congestion days or the equivalent of 80 cape size

vessels. (Ed.- that is almost $4 BILLION in demurrage at

today’s time charter rates and fuel costs. Please note that

is just the capes iron ore trades. Delays at Panamax coal

ports are considerably longer.)

Mr. Joerss, like your editor, describes himself as part of the

Jurassic generation but remains generally optimistic.

Mr Bamford was given the challenge of responding to the

outlook for 2010 when 400 capesize vessels totaling 80

million DWT will be delivered. SS&Y is forecasting strong

demand in 2008 and 2009 with a commensurate require-

ment of 200 to 220 Cape-sized vessels for China specifi-

cally. He feels that the 400 ships are worrisome but

reminded everyone that there are older ships out there that

need to be scrapped. The problem of course is that a sig-

nificant rate drop is required to provide incentive. (Ed.-

There are other stimuli that can produce scrapping. We

might explore them at Shipping 2008.)

As a subset of the supply issue, he was also queried about

6

VLCC to VLOC conversions. There are currently 25-30

VLCCs that were sold for conversion and this trend may

continue. He noted that 15-year-old cape was worth $50

million charter free and a single hull VLCC was worth $30

million making conversions economical. Now the price of a

VLCC is $45 million solely reflecting its value as a conver-

sion. The price of the conversion is $30 million.

Interestingly, of the vessels purchased, only four are actu-

ally scheduled for conversion.

An interesting discussion evolved on the paper (FFA) mar-

ket. The panelists noted that TMT, normally a buyer of

paper, sold paper like crazy last week, which dropped the

market by $2-3,000/day. Charles Timberlake of Atlas

Shipping noted the inconsistency between the paper and

physical markets, with the former having expectations of

going down whereas the later is constantly going higher.

He noted that the forward 5-year FFA curve has consis-

tently shown a rise followed by a steep decline reflecting

pessimism (Ed.- or is it just caution borne of experience?)

about the future.

At the end, Robert Dillon reminded everyone that this is an

industry tainted by history and that financial investors, like

Morgan Stanley and Goldman Sachs (among other power-

ful financial giants, flush with cash) might get into ship

BUILDING. He then brought the discussion back to the

comedic level by saying this country does not need refiner-

ies. Instead it should build coal-fired power plants. (Ed. –

Has anyone noticed the US is now a net coal IMPORTER?)

Watching Messrs Kulukundis and Robson regularly filling

the panelist’s glasses we finally understood what increased

consumption means.

At the end no one answered the question initially posed.

However, the clear answer is that the long lunch has not

gone away. On a very positive note, there was general

agreement that the industry had to bring in younger people.

Ed Note: The above was written by George Weltman of

MarineMoney/Freshly Minted and edited by your CMA EDI-

TOR who wishes he could have been with you all on

September 20th.

CLIPPER BULK & INTREPID SHIPPINGRETAIN THE KULUKUNDIS CUP

The weather co-operated and provided a great Regatta

day, a combination of Regattas One & Two, and set the

stage for a truly splendid Third Annual CMA 12 Meter

Regatta on Friday, September 28th on the waters of Long

Island Sound off Greenwich, CT.

With a record eight America’s Cup 12 meters chartered

and racing this year, over 80 guests watched from the lux-

ury spectator yacht “Cayah Michele” as racing com-

menced, with knowledgeable commentary and insights

provided by Norm Webster, “the voice of the CMA”. As the

first race unfolded we saw what would be a familiar pattern

for the day, with the Clipper Bulk and Intrepid Shipping

sponsored “Intrepid” racing head to head with the General

Maritime Corporation and Genco Shipping & Trading spon-

sored “Nefertiti”; the youngest 12 meter “America II” strug-

gling at the back with numerous maintenance problems,

much to the disappointment of its eager sponsors TORM

USA and MJLF and fighting for the middle spots, the

always close “Weatherly”, the much improved “Columbia”,

“Heritage”, “Easterner” and our always recognizable First

Regatta winner, “American Eagle” with its red and blue hull.

This year with great sailing conditions and as always a fine

Race Committee led by the esteemed John Mendez, the

races were run one after the other, with “Intrepid” triumph-

ing time after time, with “Nefertiti” always close and

“American Eagle” notching up a win in Race 4. As the rac-

ing ended we watched as the yachts returned triumphantly

to Indian Harbor, with the crews beaming after such a great

day of racing.

Over 200 people congregated at Indian Harbor for the post-

racing cocktails, dinner and the prize-giving ceremonies,

mc’d by long-time CMA member Buck Miller. Distinguished

guests included Philip Embiricos and local luminaries such

as Basil Mavroleon, as well as crews and spectators from

the day’s earlier activities.

A short welcome speech was given by Ken McLean,

Director of The Bahamas Maritime Authority. The Bahamas

“INTREPID” TAKES IT

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Ship Registry is celebrating its 30th Anniversary this year

and chose to do so in the tri-state area by participating as

the Presenting Sponsor of our Third Regatta. We are truly

appreciative of the great support that we received from The

Bahamas Ship Registry for the event and especially for the

efforts of Christine Scavella, the Deputy Director/ Registrar

based in New York and, of course, Ken. Guests from The

Bahamas were out in force and we thank them all for their

wonderful participation.

Awarded prizes included the Drake Sparkman & Booth

Financial Services sponsored “Last Place Gun” awarded to

America II’s sponsors, TORM USA and MJLF, followed by

the main awards of the evening:

The First Place “Kulukundis Cup” to “Intrepid”, co-

sponsored by Clipper Bulk and Intrepid Shipping

The Second Place “George N.Tavlarios Poseidon Cup”

to “Nefertiti” co-sponsored by General Maritime

Corporation and Genco Shipping & Trading

The Third Place “SCOOP Cup” to “American Eagle” co-

sponsored by Eagle Ocean Transport and ABS.

Congratulations to Clipper’s Gary Lawrence and Intrepid’s

Richard du Moulin who led the winning bid for the “K Cup”

this year and to all its crew. Special congratulations are in

order for Gary, who has now crewed on the winning teams

in all three Regattas – the first year on “American Eagle”

and in 2006 and 2007 on “Intrepid” – no small feat and a

great tribute to his sailing skills.

A new award this year was the Stamford Sailing

Foundation sponsored award for the CMA 12 Meter

Regatta Accumulative Champions, which was presented to

the amazingly consistent General Maritime Corp. and

Genco Shipping & Trading for their three straight Regatta

seconds with “Nefertiti”.

Dr. Clay Maitland auctioned off the specially commissioned

Regatta painting by Peter Layne Arguimbau, which fea-

tured a scene from the 2006 Regatta showing “Nefertiti”

leading the pack. The first viewing and silent-auction had

commenced at the CMA’s September 20th lunch and that

set the stage for the opening bid on the night and a final

winning bid from Steinar Ropeid of General Maritime Corp.

The painting is now gracing the Genmar offices at 299 Park

Avenue and will be enjoyed for many years to come. The

proceeds from the auction were to be given to Mystic

Seaport, represented at the Regatta by Chris Freeman.

Chris kindly donated some beautiful books to be given out

on the evening, which were gratefully received by all.

We cannot close without making mention of all of our

Regatta sponsors. We built it and you continue to support

the event – we thank you.

PRESENTING SPONSOR: The Bahamas Ship Registry

YACHT SPONSORS:Eagle Ocean and American Bureau of Shipping for

“American Eagle”

MJLF & Associates and TORM USA for “America II”

World Fuel Services and Charles R. Weber Company for

“Columbia”

Armada Group and Simpson Spence & Young for

“Easterner”

Groton Pacific Carriers and Heidmar for “Heritage”

Clipper Bulk and Intrepid Shipping for “Intrepid”

General Maritime Corporation and Genco Shipping &

Trading for “Nefertiti”

Merlin Petroleum and Odin Marine for “Weatherly”

SPECTATOR BOAT: Leeds & Leeds Company

COCKTAILS: Germanischer Lloyd and the ASBA TankerBroker Panel

DINNER: Odin Marine

REGATTA HATS: Bureau Veritas and Seacoast

Electronics

RACE COMMITTEE SHIRTS: Petromed

REGATTA PAINTING: Dr. Clay Maitland

PRIZES:1ST Place Kulukundis Cup – Johhny Kulukundis and

Marine Oil Transportation Consultants

1ST Place Team Prizes – Blank Rome LLP2ND Place George N.Tavlarios Poseidon Cup – Leeds &Leeds Company

8

THE TRAMP SHIPPING BUSINESS ANDGOVERNMENT REGULATION

Much has been written about Liner Conferences loosing

their anti-trust exemption from Europe’s competition rules,

but little has followed as to how that change will now impact

tramp shipping pools, and how the new regime might

extend beyond pools into the heretofore unregulated tramp

shipping markets.

On September 13, 2007 the European Commission pub-

lished draft Guide Lines for shipping pools and their poten-

tial to be investigated, fined or put out of business if they

OCTOBER 17, 2007

disregard the EC’s rules. Mind you this is not new law. The

competition rules are part of the Treaty of Rome of 1957

which created the European Union. The Guide Lines and

new regime goes into effect early in 2008.

These rules will impact shipping pools, ship owner mem-

bers of pools, charterers and brokers. Depending on the

EC’s next steps, the stage has been set for examining the

rate making mechanisms of the tramp shipping markets.

Therefore, the Guide Lines could have very far reaching

effects.

No one is at all sure of the impact on pools, and perhaps

more importantly, how far the EC might take those rules

into the general tramp markets and even European cabo-

tage trades. This is why CMA, with the co-sponsorship of

Marine Money, will present a half day seminar on these

new developments on October 17, 2007 at the Yale Club in

Manhattan (across from Grand Central Station).

Registration starts at noon, lunch 12:15 and the seminar to

start about 1:30. We will end promptly at 5pm to get you

home on time, or primed to meet those from out of town

that will attend Marine Money’s Marine Finance Forum –

Americas the following day at the Harvard Club.

Participating speakers:

LeRoy Lambert, Partner, Blank Rome LLP

Stephen Tupper, Partner, Watson, Farley & Willams LLP

Marjorie Holmes, Partner, Reed Smith Richards Butler LLP

Philip Wareham, Partner, Holman, Fenwick & Willan

Areas of discussion:

• Short review of the EC Competition Rules and the Guide

Lines themselves.

• “Shipping Pools, the draft Guide Lines and Self-

Assessment”

• US Anti-Trust Law vs. EC Competition Rules

• Market definitions as used by the EC

• Joint Ventures and other Solutions to the new regime

We have saved a lot of time for questions. We hope to see

you there. Bring a charterer – this will be an eye opener for

them. Space is limited. Contact Lorraine Parsons for further

information at conferences@cmaconnect.com or

203-406-0109 ext 3717 or visit

http://www.marinemoney.com to register on-line.

2ND Place Team Prizes – PetroMar International3RD Place SCOOP Cup – Short Sea Shipping

Cooperative Program

3RD Place Team Prizes – Seacoast Electronics

Last Place Gun – Drake Sparkman and Booth FinancialAssociates

Books – A Berth to Bermuda: 100 Years of the World’s

Classic Ocean Race and Brilliant books for all – Mystic

Seaport

WinningYacht Captain – a four day/three night stay at theTreasure Cay Hotel Resort & Marina, Abaco, Bahamas –

The Bahamas Tourist Office in NewYork, The Islands of the

Bahamas and Treasure Cay Hotel, Resort & Marina.

Stamford Sailing Foundation Award for CumulativePerformance – Stamford Sailing Foundation and LandfallNavigation

We are currently compiling all of the great photos we have

from the event and will present a collage in next month’s

newsletter and on our website.

Congratulations to crews on all eight yachts and thank you

to our sponsors, spectators and to all who contributed in

making the day one for the books. We will hope to see you

again at our Fourth Annual CMA 12 Meter Regatta in 2008.

9

We are pleased to welcome the following new members:

Herbert Rolando Quezada Alvarado, GM, ConsorcioMaritimo Salavdoreno, San Salvador, El Salvador

Marty Kontyko, Odin Marine, Stamford, CT

Gary Mawhinney, TFS Freight, Stamford, CT

Oliver Repenning, Armada Shipping, Stamford, CT

Michael Robson, Navios Corporation , South Norwalk, CT

James Russell-Walling, PCL (Pacific Carriers Limited)(USA), Stamford, CT

F.X.Schmidt, OMI Services LLC, Stamford, CT

Mathew Wingate, NOAA Office of Coast Survey,Narragansett, RI

Welcome aboard. Hope to see you at a luncheon or Oct17th in New York.

Evan GalanisMembership Chair

MEMBERSHIP NOTES

SNAMETechnology Conference, Cocktail Party and Dinnerat the Lauderdale Yacht Club, Fort Lauderdale FloridaJointly sponsored by Kings Point Alumni Assn. of SouthFlorida and SUNY Maritime College Alumni Assn. of SouthFlorida. November 16, 2007. Guest speaker: SeanConnaughton. Contact: Tim Green at FastStreamRecruitment, Fort Lauderdale, FL

6th Annual Maritime Security Expo, Jacob JavitsConvention Center, New York November 27-28 --- FreeAdmittance to the exhibits for CMA members.

MORE EVENTS TO NOTE

Reminder:

10:30 – Non-denominational Worship Service, St. JamesChurch, 865 Madison Avenue, New York, NY

12:00 – NAMMA Awards luncheon at the Union Club, 101East 69th Street, New York, NY.

1400 – Introductory remarks by Dr. Clay Maitland.Welcome by IMO - Secretary General, EfthimiosMitropoulos. US Coast Guard Vice Commandant, ViceAdmiral Vivien Crea, USCG, will comment onEnvironmental Considerations. Deputy US MaritimeAdministrator Julie Nelson will speak on the US Role andResponsibility in Global Shipping. Nicolas Pappadakis,Chairman of INTERMEPA will sign the charter formingNAMEPA.

16:00 – Industry perspectives by: Miguel Palomares,Director of IMO MED; Class - Capt. Blaine Collins, DNVAmericas; Legal - Jeanne Grasso, Blank Rome;Shipowner/charterer - Will Jenkins, ExxonMobil/Sea RiverMaritime, Inc.; Rev. James Von Dreele, VP NAMMA on theHuman Factor in shipping

17:30 – Reception and dinner

For latest timing, further details and reservations contactCarleen Lyden-Kluss at events@morganmarketcomm.com

WORLD MARITIME DAY INNEW YORK OCT. 25, 2007

I do not get the opportunity very often these days to visit

ports, and less often to visit a non-US port. In my new

secret identity as academic researcher and guru, I was

invited to confer with some very smart people with the

graduate School of Business Administration at Dalhousie

University in Halifax, Nova Scotia. Having had many ships

in Halifax during my shipping career I naturally timed my

visit with the annual Halifax Port Days (September 20-21)

which features a Lobster Feast Dinner.

Dalhousie University, named after Lord Dalhousie, a Scot

and member of British Parliament, was founded in 1818

and is located on the former estate of Sir Samuel Cunard,

A POST CARD FROMHALIFAX, NOVA SCOTIA

10

the company that made ocean liners a success in the face

of many who lost ships and fortunes. Sir Cunard was born

in Halifax, Nova Scotia in 1787 and started his very well

known shipping career there. The university has an enrol-

ment of about 15,500 students of which about 15% are

graduate students.

Halifax’s deep water harbor has become a container ship

gateway to northern North America by virtue of its excellent

rail connections. The Port and the Canadian National

Railroad have high hopes to see the present 500,000

TEU/year grow and has marketing people encouraging that

idea in China, India and South America. Short Sea

Shipping connections to New England could add quite a bit

of new traffic.

Halifax was a major trans-shipment/top-off port for Lakes

grain. I gather there is still some of that but during the win-

ter the elevators now handle significant volumes of wood

pellets used in Scandinavia as a non-polluting fuel for

power plants as well as homes. I had long known of the

port’s gypsum rock (for the manufacture of wall board for

home building) exports from my many years with Skaarup

Shipping and their fleet of conveyor self unloading gypsum

carriers. Shipbuilding is slower but repair remains an active

industry. The oil and gas drilling off Newfoundland to

Halifax’s northeast now makes up for the port’s limited

building activity.

I had not been in Halifax for at least 15 years and the city,

which I have always enjoyed, has grown. As a port city it

was always very livable, with a wonderful pace to it that is

neither backwater nor megalopolis. During the summer

months I can not think of a more hospitable climate nor a

more inviting and comfortable place to live. Winters, which

were usually just rainy with few snow storms, seem to be

changing. I don’t know if it is the effect of global warming

and its impact on the path of the Gulf Stream or not, but

Halifax now gets some heavy snow from time to time.

I met some CMA members and may have recruited a few

new ones. It is amazing how well we are known.

Don Frost

From Don Frost

The fifth annual Association of Ship Brokers and Agents

(ASBA) Cargo Conference exceeded even last year’s for

the quality of speakers, presentations and the diversity of

attendees - many from the nations bordering the

Caribbean. It was also held at a very comfortable and guest

friendly venue – the Doral Golf Resort and Spa, only 10

miles from the Miami International Airport. (While only 10

miles, the traffic in Miami seems to be always as heavy as

I-95 on a Friday.)

The golf tournament, held Wednesday, drew just about half

of the 144 attendees. As you might guess, everyone

enjoyed the event held in this semi tropical paradise at a

very nice course.

All of the presentations (you can see the entire program at

http://www.asaba.org click on annual cargo conference)

were interesting. Among them were:

• Jack Buono, GM Marine Transportation, ExxonMobil

Refining and Supply, gave a wide ranging survey of glob-

al energy (all forms) out to 2030 which highlighted not

only oil but LNG and bio fuels.

• Charles Zeynel, President, ZAG International of

Newtown, CT presented a primer on the world cement

industry and its dependence on shipping.

• Marcel van den Berg, President, Interamerican Coal,

Inc. gave us a glimpse of Columbia’s and Venezuela’s

coal exports, at least half of which are destined for U.S.

electric utilities, and which are mostly moved in convey-

or belt self-unloaders because US ports are historically

set up for exports not imports. James Murphy of CSL

International added to this view.

• Daniel Griswold, Director of the Cato Institute’s Center

for Trade Policy Studies, (advocates for free trade) gave

us a view of the pros and cons of the US Farm Subsidy

programs centered on ethanol which I paraphrase as

“The Great Ethanol Scam”. The last speaker on Friday,

Daniel Kowalski from LEGC Consultants, whose prime

clients are US agri-businesses, had a different slant on

ethanol and bio-fuels.

• Joe Royce, President and CEO of TBS, Intl (and an old

friend) gave a great key note speech at Thursday’s

POST CARD FROM MIAMI –OCT. 3-5, 2007

11

lunch. As would be expected it was up beat but did not

ignore the tremendous dry cargo order book for 2009-

2010 deliveries. Still he felt that the deliveries may well

be spread out over a longer period due to shipyard con-

straints (for example, shortage of engine parts like main

engine crank shafts) and other factors.

• Arlie Sterling of Marsoft once again gave us a big picture

perspective of market trends and future scenarios.

• Urs Dür, VP and Senior Equity Analyst, Lazard Capital

Markets, gave a first hand look at what was driving the

proliferation of IPOs and an investor view of the shipping

industry. Urs, a former MarineMoney editor, has char-

tered container ships and was a tanker broker at one

time.

CLOSE THE GAPS

A RETIRED US COAST GUARD CAPTAINLOOKS AT MARITIME HOMELAND SECURITY

By Donald B. Frost

Last month I mentioned an article in the July edition of the

US Naval Institute Proceedings by Capt. Robert F. Bennett

on this topic. I have taken some quotes from that article

that I think are deserving of your attention. You might wish

to read the entire article because it has a much deeper

view than my selected quotes.

“The layered defense (Ed.- the strategy articulated by

DHS) seems little more than a collection of bits and pieces

of agency activity, too much of which addresses only cer-

tain favored elements within our seaports. Too little empha-

sis is placed on proactive deterrence, while first response

receives a disproportionate emphasis. Some obvious

aspects of port activity, such as containership cargoes, get

much attention, but focusing all our energy on shipments

already in our ports ignores the potential for unobstructed

enemy penetrations of thousands of miles of our maritime

borders.”

“The problem may rest with out national policy of treating

the war on terrorism as a law enforcement effort rather than

a military campaign. … Given the natural flavor of law

enforcement – respond to a reported crime, arrest the per-

petrators, and bring them to justice – Maritime Homeland

Security (MHS) emphasis on first response is understand-

able. … ” But… “Law enforcement operations tend to be

reactive while military operations, even when defensive,

are proactive. …”

SEAMEN’S CHURCH INSTITUTEGETS NEW PRESIDENT

The Rev. Dr. Jean R. Smith, who has been a close friend of

CMA, retired October 1 after 17 years of service and will be

succeeded by the Rev. David M. Rider as the organization’s

ninth President and Executive Director.

Rev. Rider comes to SCI after ten years with The Church

Pension Group, where he served as Managing Trustee of

the Episcopal Church Medical Trust and Senior Vice

President (Claims) of The Church Insurance Company.

Since 2001, Rider has served as interim leader of two large

Episcopal Churches, Grace Church in New York City and

St. Mark’s Church, New Canaan, CT.

Rider has been getting his feet wet as he prepares to take

the helm. He has visited ships in Port Newark, and in early

October will attend an industry conference and visit SCI’s

Houston and Paducah sites, meeting staff and stakehold-

ers. “I have eaten lunch with crew on a Chinese-flagged

ship, met staff from the Queen Mary II at SCI’s Hospitality

Center in the Brooklyn Cruise Ship Terminal, and visited a

crew unloading hundreds of new automobiles.” Rider con-

tinued.

Rider brings decades of experience in chaplaincy ministry,

along with advanced management training to his work at

SCI. A graduate of Carleton College, Rider holds three the-

ological degrees and certificates from the Washington

School of Psychiatry and Harvard Business School. While

at The Church Pension Group, he completed The General

Manager Program and additional training in non-profit

management in the Executive Education division of

Harvard Business School. As an Episcopal priest, he is

canonically resident in the Diocese of New York.

12

Threats:“Mine Warfare- Homeland Security seems to ignore the

threat of mines.” …

“Small seagoing vessels – These vessels are not required

to have the otherwise mandated Automatic Identification

System (AIS) or to file Notices of Arrival (NOA). Because of

their exclusion from these regulatory schemes, they are

inherently more secretive than merchant ships. They are

also far more capable of navigating in and out of the many

small foreign ports within easy cruising distance of the

United States and can just as easily deliver lethal cargoes

in any number of U.S. coastal inlets and estuaries.”

Systems:“AIS is no panacea for tracking and identifying vessels,

large or small … . The system only works when the device

is turned on – it only works for compliant vessels.The same

goes for NOAs”. … “The proper enforcement of AIS and

NOA regimes to identify offshore threats requires a compli-

mentary surveillance tool that would locate, identify and

enable interdiction … ”

Ports:“Ports are not simply sheds, docks and cranes and there is

much more to a port than that which is under the control of

public port authorities. Federal and state MHS agencies,

however, prefer to focus on the neat, governed ports of the

port system and tend to ignore the private parts.” … “While

the capital assets of the public ports get the lion’s share of

federal protective attention, private facility targets escape

concern.” (Ed. note – the author also mentions the fact that

there are many port activities that MHS does not give much

attention to – such as ship service organizations like

agents, pilots and tugs, stevedores, and longshoremen,

vendors, marine insurance interests (surveyors), cargo

interests and other functions.)

Treat Merchant Ships as Allies:“The protection of merchant ships in our harbors is every

bit as important as the protection of their cargoes.

Unfortunately, the approach taken by MHS agencies

appears to protect ports FROM the merchant marine. Too

many law enforcers tend to consider these merchant

sailors as perpetrators or suspects. One particularly egre-

gious manifestation of this policy restricts seamen from

shore leave.”

“Benign animosity toward merchant shipping is evident in

the policies associated with the 96 hour NOA estimated

time of arrival (ETA) regulations (Ed. – these are given to

the Coast Guard but equally antagonistic are the rules over

reporting crew members under the APIS regime). The

(NOA ) policy virtually ignores the possibility of berth con-

gestion as well as other unavoidable delays such as poor

visibility or bad weather.” (Ed. - The APIS rules on error

rates in reports ignores the fact that ship’s staff, agents and

even owner’s offices are busy places often with barely

basic communications, other cultures often have hyphenat-

ed names and not everyone speaks English, and there is

more.)

Continuing Capt. Bennett’s point – “This is a bureaucratic

program that has taken on a life of its own. Not only does

the policy (Ed.- make that plural) adversely impact the ship

schedules, it also affects dockside labor contracts. The

delay-related labor costs to our merchant marine allies

attributed to homeland security policies can run into mil-

lions of dollars. (Ed. – add today’s time charter rates and

fuel costs and the cost is hundreds of millions of dollars

that we pay for indirectly without the security implied.)

Closing comments:Read the whole article. It is good. Please note that my edi-

torial insertions are designed to connect you with other

ideas and to get you angry enough to do something – write

to your representatives in Washington. The system can be

improved and the agencies are not unaware of the prob-

lems. They will change, but only if you make their bosses

(Congress) aware of the needed changes and the conse-

quences of the present broken system. I do not recall the

exact quote but President John F. Kennedy said about 45

years ago that one man or woman could make a difference

“and every one should try”. Do it!

13

SITUATIONS WANTED

Candidate 2: Maritime Manager seeking a position in a team environ-

ment. Skills in liner service management, operations and some charter-

ing. Leader with a strong ability to multi task expertly and efficiently.

Heavily experienced in containers and breakbulk cargoes. Offering diver-

sity, flexibility and an outgoing personality with a “make it happen” atti-

tude.” Contact: Kim Dailey at 203-241-0388 or by email:

kdailey44@earthlink.net (S6-11)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Candidate 3: Merchant marine deck officer with 35 years experience,mostly overseas. Looking for shore job in Fairfield or Westchester.

Strong leadership and team player.

My experience includes 30 years as master of vessels between 100 and

200 feet. Please contact by email: sailor1278@yahoo.com (S6-11)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Candidate 4: Operations / Commercial ManagerOperations / Commercial Manager with 25 years of experience seeks

position with a recognized maritime shipping company. Preference would

be to be located in the tri-state area; but willing to consider a wider range.

My strength lies in the areas of operational and commercial contracts and

the management of those contracts. I possess strong leadership in a team

environment. Highly motivated to work long hours as required. I also have

6 years of “EX-Pat experience in south east Asia. Am willing to relocate/

travel if necessary. Ability to write and make presentations in an articulate

manner. I have an outgoing personality and can multitask as required.

Telephone: (201-251-4757

Cell: (973)-204 2668, E-Mail: Streaz@aol.com (S7-04)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

The CMA Job Mart is designed to match qualified candi-dates with good positions. Over the years, this servicehas proven to be extremely valuable to both job seekersand potential employers. Ads seeking to fill positions will

run for two months at a rate of $200.Candidates seeking employment must be aCMA member at a rate of $50 per year or

$25 per year for students.

To become part of the Job Mart please call(203) 406-0109 or

email: conferences@cmaconnect.comThe latest Job Mart is always accessible on theCMA website at: http://www.cmaconnect.com

JOB MARTHELP WANTED

NOTE: two months of running your ad in this newsletter costs companies

only $200 - and it has proven to be THE place to be seen and answered.

Position A: Ship Superintendent, USS Vessel Management, Inc.Edison, NJUSS Vessel Management, Inc. has an immediate opening for Ship

Superintendent at its office headquarters in Edison, NJ. This position is

directly responsible for the safe, efficient, economical and reliable opera-

tion of assigned vessels with particular focus on assuring continued per-

formance of all onboard equipment and systems. Requires close liaison

with vessel’s senior officers, office staff members, ABS and USCG per-

sonnel, monitoring parts and material acquisitions and overseeing

planned, as well as emergent, maintenance and repair activities including

coordination of assistance provided by manufacturer and technical repair

specialists.

The duties and responsibilities include, but are not limited to, the following:

• Attends assigned vessels as required to have in-depth information of

current material condition of vessel. Prepares Ship Visit report to doc-

ument conditions observed. Reviews vessel reports to monitor operat-

ing condition and efficiency.

• Reviews all vessel engineering logs, including, but not limited to, boiler

water analyses, fresh water treatment, purging routines, megger and

cathodic protection, to insure compliance with equipment guidelines.

• Reviews all vessel maintenance and engine logs to insure that compa-

ny policies and procedures are being followed in terms of equipment

maintenance and inspections.

• Inspects vessel planned maintenance programs and machinery histo-

ries. Makes recommendations for improvements in maintenance cycles;

develops equipment change-out plans.

• Monitors the vessel work requests in the SAFENET system. Evaluates

requests for completion by most effective means on vessel or in shop,

arranges vendors and material, confirms repair activity, monitors quali-

ty and cost, and finalizes the repair cost for accounting. On monthly

basis reviews the open items for resolution and cost accrual.

• Monitors that purchase requisitions are accurate and contain the infor-

mation necessary to meet operational and quality criteria.

• Prepares specifications for projects or dry-docking events. Coordinates

the project or dry-docking, including the ordering of material, scheduling

tech reps or specialists, sending specifications for quotation, evaluating

bids, recommendation of vendors/dry-dock, on site management of

project, maintains cost records and reports to management as direct-

ed, negotiates the final costs, and communicates to Operations Dept.

vessel schedule as needed.

• Maintains ongoing knowledge of current conditions of assigned vessels.

Has ready file of pending work and keeps upper management notified

of any work that may have schedule impact.

• Assists in preparation of repair, project, and dry-dock budgets.

• Provides technical consultation to vessel as required during routine or

emergent repairs.

14

such as TFS, and have the ambition / skills and team spirit to grow with

us, we want to hear from you for the following available position:

Dry Cargo Handymax / Panamax Broker - Stamford, CT USA

All applicants will be treated in the strictest of confidence.

TFS Freight

E-Mail: mharden@tfsfreight.com

Notes: Applicants are requested to submit a resume / CV (HW08-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position D: Technical Manager – ArgentinaRavenscroft seeks Technical Manager for Argentina office to manage

Team of Tech. Supt’ds/Purch Assts for complete technical mgmt. of local

trading fleet of tankers. Min. req’d: B.S in Maritime Eng., 2 years sea-

going exp. + 2 years shore-based exp. in job offered or as Snr. Supt’d.. Bi-

lingual Eng/Span a plus. Good comp. pkg./medical/full reloc. pkg. offered.

E-mail Resumes to Ravenship@gmail.com. (HW09-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position E: Technical Superintendent – Rio De Janiero, BrazilUP Offshore seeks Technical Superintendent to oversee its DP1 PSVs. in

Brazil. Min. req’d. Chief Engineer’s Cert. + 2 yrs exp as Chief Eng. on

PSV. Exp in Brazilian ops., Spanish/Portuguese lang. preferred. Good

comp./ medical/relocation pkg. offered. E-mail Resume to:

Ravenship@gmail.com. (HW09-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position F: Technical CoordinatorRoymar Ship Management Inc., is an international dry bulk ship manage-

ment company managing a growing fleet of 36 vessels. We are seeking

candidates for the rewarding position of Technical Coordinator. The ideal

candidate will be a graduate of marine engineering with strong computer

skills. The position involves assisting, coordinating & contributing to tech-

nical/operations tasks. General aspects of the position are, maintaining

and monitoring records of surveys, repairs and maintenance for our fleet

of vessels. Specific aspects of the position are, ordering services and

maintaining our Job Order system, monitoring ship’s performance, main-

taining plans, drawings, and instruction manuals for the vessels, and per-

forming special technical projects as assigned. Excellent pay and bene-

fits w/ full potential of personal development & promotion. Please send

resume to recruiting@roymar.com or fax to (914) 961-6425. Please

include the heading TECHNICAL COORDINATOR on all transmissions.

(HW09-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position G: Port EngineerRoymar Ship Management Inc. is a world-class ship management com-

pany. Roymar maintains a diverse and flexible fleet of multipurpose cargo

ships and bulk carriers that meet or exceed the industry standards in

every regard. Roymar is based conveniently in Westchester, NY, and is

seeking an experienced marine engineer for a Port Engineer position.

The position is responsible for vessel performance and supervision world-

• Coordinates regulatory inspections/surveys with ABS and USCG.

Monitors existing OSR’s or deficiencies and plans resolution in timely

manner to minimize impact on schedule.

Candidates must have substantial engineering experience onboard ves-

sels or shoreside. Candidates must possess of a valid USCG Marine

Engineer's License (Steam or Motor). A Bachelor of Science Degree in

Marine Engineering from Federal or State Maritime Academy and experi-

ence with ABS Safenet is preferred. Candidate must be willing to relocate

to New Jersey area. This position requires 40% field and 60% office for

drydocking years, and 30% field and 70% office for non-drydocking years.

We offer a competitive salary and comprehensive benefits package.

Qualified candidates can submit their resume to: USS Vessel

Management, Inc. Marine Personnel Dept., PO Box 2945, Edison, NJ

08818, Attn: Bill Young , Fax: 732-635-1902, or e-mail:

wyoung@usslp.com. To learn more about USS Vessel Management, Inc.,

visit our website at http://www.usslp.com (HW08-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position B: Distribution SpecialistWESTPORT, CT

ANSAC, a leading international chemical marketing and distribution

organization is seeking a Distribution Specialist. This individual's role will

include diverse responsibilities within the distribution organization includ-

ing but not limited to managing load port activities and pipeline inventory

while optimizing domestic and marine transportation of soda ash to meet

customer requirements on a timely manner.

The successful candidate must be a team player with excellent interper-

sonal, communication, negotiating and problem solving skills. Proficient in

distribution, project management and analysis software. B.S. in

Logistics/Distribution or equivalent and a minimum of 3-5 years experi-

ence in marine and rail logistics focusing on the scheduling and monitor-

ing of activities is required.

ANSAC offers an outstanding compensation and benefits package con-

sistent with a highly professional corporate environment.

Contact: Anny Lesko

Company: ANSAC

Address: 15 Riverside Avenue, Westport, CT 06880

Fax: (203) 291-0029

E-Mail: AL@ANSAC.COM

Website: www.ansac.com

Notes: Please forward your resume along with your salary history in con-

fidence (HW08-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position C: TFS FreightTFS Freight is the dry bulk freight division of interdealer broker Tradition

Financial Services (TFS). The Company is a subsidiary of Compagnie

Financiere Tradition (CFT), the world's third largest interdealer broker for

over-the-counter financial instruments with a presence in 20 countries.

If you are looking for a new and exciting challenge with a market leader

15

wide, including dry-docking & repairs. Candidates must be willing to trav-

el extensively. Qualified candidates must possess hands-on experience &

at least 5 years as a Port Engineer. Excellent salary, benefits and bonus.

Please send resume to recruiting@roymar.com or fax to (914) 961-6425.

Please include the heading PORT ENGINEER on all transmissions.

(HW09-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position H: Broker Support / Administrator - New Jersey -Maersk Broker, USAMaersk Broker America Inc are seeking a broker support/administrator to

join their small but growing Hackensack, New Jersey office. USA citizen-

ship is essential as is a finance/accounting background and a thorough

working knowledge of Microsoft Excel, and Word including pivot tables.

The primary role will be book-keeping, maintenance of the general ledger,

and the preparation of weekly, monthly and ad-hoc financial reports for

management. The position also entails day-to-day assistance with all

aspects of running a small brokerage company, including assistance with

travel arrangements, general secretarial duties, and office administration.

Applicants should apply to General Manager Ben Goss at

america.mng@maerskbroker.com

Maersk Broker are one of the largest international shipbroking companies

with activities within chartering, contracting of newbuildings, sale and pur-

chase of second-hand tonnage, project broking, research, e-business as

well as ship agency.

Maersk Broker are an independent company employing approximately

250 brokers and staff within the Maersk Broker offices in Copenhagen,

Hamburg, London, Athens, New Jersey, Tokyo, Seoul, Beijing, Shanghai,

Hong Kong, Taipei, Hanoi and Singapore.

(HW10-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position I: Maintenance AdministratorRoymar Ship Management Inc., is an international dry bulk ship manage-

ment company managing a growing fleet of 36 vessels. We are seeking

candidates for the rewarding position of Maintenance Administrator. The

ideal candidate will be an experienced licensed marine engineer with

strong computer and organization skills. The position involves monitoring

ship’s maintenance programs with special emphasis on critical machinery

ie, main engine, auxiliary engines, cranes etc: reviewing fuel oil and lube

oil analysis reports and recommending action plan to the vessels; moni-

toring critical spare part inventory on each vessel ; monitoring emergency

/voyage repairs, technical projects etc. Ideal candidate will have strong

knowledge and experience with ABS NS5 or similar software systems.

Seagoing experience as Chief Engineer is desirable. Excellent pay and

benefits. Looking for highly motivated, self-starting candidates with

preferably a minimum of 5 years experience marine engineering. Please

send resume to recruiting@roymar.com or fax to (914) 961-6425 with the

heading MAINTENANCE ADMINISTRATOR on all transmissions.

. (HW09-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position L: Tanker OperatorTanker Brokerage Operations - Our growth warrants a rare opportunity to

work at one of the premier Tanker Brokerage Houses based in Palm

Beach Gardens, Florida. We are considered the benchmark by many

Owners and Charterers as having the best Operations Department in our

industry. We are looking for a dedicated person who can work with the

best.You must be organized, a quick learner and work well in a team envi-

ronment. Our industry is 24/7 and you cannot be afraid to work.

++ We are looking for a career Operator not a broker. ++

We are casual in our office but serious and professional in our approach.

Living in a resort area has its own benefits (beach, fun and sun) but we

also offer full benefits in addition to a attractive starting salary for the right

person.

If this sounds like you, please send your resume to:

US Citizens / Green Card Holders need only apply

Contact: Michael Corey

Company: Southport Maritime

Tel: 1 561-775-3333

Fax: 1 561-775-3454

E-Mail: Office: fix@southportmaritime.com

Private: mc_southport@yahoo.com

Website: www.southportmaritime.com (HW08-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position M: Quality, Health, Safety. Security Environmental (QHSSE)DepartmentAbout Moran Towing Corporation: Moran is a leading tug and barge serv-

ices company with locations spanning the Atlantic and Gulf Coasts of the

United States. Moran is a growth-oriented company committed to provid-

ing high quality, safe, and efficient tug assist, towing, transportation and

related maritime services to our customers that are based world-wide.

Position: This position applies knowledge of concepts and practices in

quality, health safety, security and environmental protection as they relate

to the maritime industry. The successful candidate will assist in the

responsibilities of program and audit development, document manage-

ment, training of employees, and assisting in regulatory research for

Moran's corporate safety program. These initiatives have been developed

to ensure a continuous improvement of our Safety Management System,

and the overall reduction of accidents and injuries. The position reports to

the Manager for QHSSE.

Requirements: Experience and/or training in safety management; bache-

lor's degree in marine transportation, marine engineering or a like degree;

strong written and verbal communication skills and proficient in the vari-

ous MS Office applications such as Word, PowerPoint, Excel and Access;

research and writing skills and a comprehensive knowledge of Coast

Guard and federal regulations a plus.

Principle duties and responsibilities will focus on the execution and main-

tenance of the company safety management system and will ultimately

assist with or conduct the following activities:

* Aid the Company Quality Coordinator in the administration of the

Safety, Environmental and Security Management Systems meeting the

requirements of the International Safety Management (ISM) Code and

16

the Responsible Carrier Program (RCP)

* Work with employees on compliance matters and audit related issues

* Assist in the administration of company training programs for QHSSE

subjects

* Administer QHSSE related correspondence with crews and shore-

based employees

* Work in the management of vendors who supply safety, security, health

and environmental services

* Administer the update and tracking of program to support Department

documentation and manuals

* Provide new and innovative ideas for supporting and advancing quali-

ty and safety corporately and at remote locations

* Assist and advise with internal, third-party and customer safety audits

and the status of same on an on-going basis

* Support the safety and security training needs of the fleet

* Communicating and working with regulatory agencies, customers, ven-

dors, and industry groups with respect to QHSSE matters

Benefits: Moran is an Equal Opportunity Employer and offers its full-time

employees a competitive compensation and benefits package including,

among others, health/dental insurance, long-term disability, life and 401(k)

participation with employer matching opportunities.

Location: The QHSSE Department works out of the Company headquar-

ters located at New Canaan, Connecticut. Travel to the various operating

locations expected between 30-50% on a monthly basis.

MORAN TOWING CORPORATION IS AN EQUAL EMPLOYMENT

OPPORTUNITY EMPLOYER COMMITTED TO AFFIRMATIVE ACTION

AND A DRUG-FREE WORKPLACE.

Company: Moran Towing Corporation

E-Mail: safety@morantug.com

Please include subject Line: QHSSE Administrator (HW08-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position N: CharteringBusiness Unit: NYK Bulkship Atlantic NV

Location: Secaucus, New Jersey

Department: Operations

Education Level: Bachelor's degree required

Salary: negotiable

Hours: day shift with some overtime required when necessary

Company description:

Nippon Yusen Kabushiki Kaisha (NYK), is one of the world's leading

transportation companies. The NYK Group operates approximately 650

major ocean vessels, as well as planes, trains and trucking fleets. NYK's

revenue in 2004-05 was $15Bn and as a Group, NYK employs 33,000

people worldwide. It has offices in 240 locations based in 27 countries,

warehouses in every continent and harbor operations in Asia, North

America and Europe. Global Headquarters are in Tokyo, with Regional

HQs in London, NewYork, Singapore, Hong Kong, Shanghai, Sydney and

Sao Paulo.

Job description:

Analysis of spot cargo requirements - analysis of spot vessel require-

ments

- Cbase analysis for financial viability of voyage(s) - Cbase analysis for

financial viability of contract(s) - Negotiate fixtures of cargo and/or vessels

- issue fixture memo upon assignment of tonnage to voyage or contract -

Identify long-term project opportunities - Customer contact for potential

contracts or existing business - Develop project plans for securing new

business - Perform project analysis for operational and financial evalua-

tion - Develop project proposals for submission to clients - Develop proj-

ect joint venture agreements (if necessary) - Any other matters as

required by the Company

Experience/skills needed:

Minimum 3 years bulk operational or chartering experience College edu-

cation (preferable for business or engineering) Chartering Certification

(either NewYork, London or recognized equivalent) Computer experience

in Word or Excel (HW08-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position O: Purchasing AgentGrowing international ship management company based in Westchester,

NY, is seeking an experienced maritime industry professional for

Purchasing Agent position whose duties will be office based. Experience

in marine purchasing preferred. Looking for highly motivated, self-starting

candidates who are very organized and computer literate. Send salary

requirements with resume to recruiting@roymar.com or fax (914) 961-

6425. (HW09-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position P: Assistant Crewing ManagerRoymar Ship Management Inc. is seeking an experienced professional to

assist in supervision of crewing activities. Requires strong organization-

al/interpersonal skills and computer literacy. Position involves assisting,

coordinating & contributing to crewing/ship security tasks w/full potential

of personal development & promotion. Qualified candidate must possess

at least 3 years experience in crewing and vessel operations. Please

send resume to recruiting@roymar.com or fax to (914) 961-6425. Please

include the heading CREWING MANAGER on all transmissions.

(HW09-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position Q: Senior Marine Transport Advisor,McQuilling Services, LLCCompany Description: McQuilling Services, LLC is a business consulting

enterprise formed in 1997 to provide services to clients in the internation-

al marine transportation marketplace. The primary focus of McQuilling

Services, LLC is to provide our clients commercial consulting services

related to global seaborne transportation. We do this directly or in collab-

oration with selected partners in the industry. We also provide support in

related areas where our particular expertise brings value.

McQuilling Services is a wholly-owned subsidiary of McQuilling Brokerage

partners, Inc., a major international tanker brokerage servicing clients

from offices located in Garden City New York, Houston, Singapore and

Caracas, Venezuela.

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Job Description: A position in McQuilling Services for a Senior Marine

Transport Advisor located in the Garden City, New York office. This posi-

tion will be filled by an individual with 5-10 years relevant experience in

business development, marketing and analysis. The successful candidate

will have marine industry exposure; well-developed writing abilities; and a

command of information systems applications, specifically Microsoft

Office Suite. The individual will be primarily responsible for:

• Business development activities including office (market intelligence,

cold-calls, follow-up, company marketing, etc) and fieldwork (presenta-

tions, client calls, relationship development and maintenance);

•Proposal generation including work scope definition, price and schedule

estimation;

• Project management including conducting research and analysis activ-

ities, managing subcontractors, preparation of reports, invoicing and

payment follow-up.

In addition to these consulting and advisory activities, the position will be

responsible for the production of periodic market analysis reports, ad-hoc

project participation and other activities at the direction of the Commercial

Director of McQuilling Services in support of company objectives and in

support of McQuilling Brokerage Partners requests and requirements.

Minimum qualifications for this position are an undergraduate degree in a

business or engineering field; well-developed oral and written communi-

cation skills; analytical capabilities; proficiency in Microsoft Excel, Word

and Powerpoint; and the ability to professionally represent and market

McQuilling Services to industry, clients and prospective clients.

Substantial travel and field work is required for this position to effectively

carry out marketing responsibilities. The successful candidate will be self-

starting with the ability to independently originate work. An organized, doc-

umented approach to job responsibilities is prerequisite for the position.

Salary will be determined based on experience and skills and competitive

with industry levels.

Reporting: The position reports to the Commercial Director, McQuilling

Services, LLC for functional guidance, work direction, prioritizing work and

all administrative and personnel issues. The position takes guidance from

McQuilling Brokerage Partners management on work related issues.

Requirements: The candidate will be:

• Proficient in typing, data entry and advanced word processing using

Microsoft WORD (merge, tables, formatting, desktop publishing);

• Proficient in advanced spreadsheet design and utilization for Microsoft

Excel workbooks (formatting, tables, formulas, graphics, macros);

• Proficient in creating presentation decks using Microsoft PowerPoint;

• Proficient in navigating Microsoft Windows operating system to a high

degree of skill and efficiency;

• Proficient in access and navigation of the internet, conversant in inter-

net terms and technology;

•Able to originate and compose correspondence, reports and other docu-

mentation;

• Able to originate and develop market and transportation logistics analy-

ses;

• Able to speak effectively in public forums one-to-one or to small groups

of clients or one-to-many for industry presentations;

•Able to rapidly assimilate shipping industry terminology and company

proprietary software systems;

• Able to handle multiple tasks simultaneously in an open-office, real-time

environment;

•Able to positively interact with co-workers in the Garden City office as

well as other McQuilling offices, clients, vendors & suppliers;

•Enthusiastic with a positive attitude; a willingness to learn and grow in the

job and company; with an aggressive approach to assuming increasing

levels of responsibility with time and experience in the job.

Salary Range: $65,000 – 85,000, depending on experience and qualifica-

tions, with annual bonus based on firm and individual performance.

Benefits: Full POS medical benefits with Empire Blue Health Plan includ-

ing dental plan and term life insurance

401K Investment plan

Holiday and Vacation plan

Please send email replies to: services@mcquilling.com - Attn: Dave

Saginaw (HW09-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position R: Crude/DPP & CPP OperationsPosition available in an international brokerage firm.

Shipping background required; all levels of experience will be considered.

Come join the team in our fast paced, growing company!

Job Location: Odin Marine, Inc. 66 Gate House Road, Stamford, CT

06902

Email Resume to Human Resource Department at hr@odinmar.com

(HW10-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position S: Administrator/Post-fixture opportunityMerlin Petroleum is looking for an energetic and enthusiastic new team

member to join our busy and expanding office.

Merlin acts as brokers and traders of marine fuels and is a major supplier

to the US Government.

We are looking for a recent maritime graduate that wants to get into the

industry and is keen to learn all aspects of the bunker business.

Initial responsibilities will revolve around post-fixture and administration of

our existing contracts, and there are plenty of opportunities for growth for

the right person!

Please email resumes to terri@merlinpetroleum.com or fax to 203 227

3910. (HW10-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position T: Bunker Broker trainee – entry positionMerlin Petroleum, a well established and growing bunker broking and trad-

ing company is looking for a recent maritime grad to join our expanding

team.

The successful candidate will be enthusiastic, motivated, willing to learn

all aspects of the bunker industry and understand that shipping business

is not 9-5!

Please email resumes to terri@merlinpetroleum.com or fax to 203 227

3910. (HW10-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position U: Assistant Crewing ManagerMarine consultant and ship management company seeks to fill position on

operations desk.

Must have some marine background, but willing to train the right individual.

Daily tasks include but not limited to:

• Supervise and coordinate with surveyors in the field

• Daily communications with vessels and agents and clients

• Coordinate with vessel and surveyor for on/hire off/hire surveys

• Daily position reports

Email: info@petromar.com (HW10-07)

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

Position V: Position Available: Oil/Tanker Market AnalystLeading maritime consulting firm based in Boston, MA seeks an experi-

enced shipping market analyst with a strong background in either energy,

oil, or tanker market analysis.

Duties include:

• Monitoring Global Oil Trade Data and Tanker Fleet Developments

• Forecasting Oil Market and Tanker Market Developments

• Writing Monthly and Quarterly Market Reports

• Making Presentations To Clients

• Statistical Modeling & Analysis

The ideal candidate will be detail-oriented, have excellent writing and

communication skills, and be able to meet deadlines. A degree in

Economics is a plus, and proficiency with statistics and econometric mod-

eling, as well as with Microsoft Office, is also important.

If interested, please send a resume to Kevin Hazel (khazel@marsoft.com)

(HW10-07)

“There is Posidonia, Nor-Shipping and CMA Shipping”

SAVE THE DATE!!

March 17, 18 & 19, 2008

The Westin Hotel, Stamford, CT, USA

For more information contact:Lorraine Parsons, CMA Event Director at

Tel. +1.203.406.0109 ext. 3717 • Fax. +1.203.406.0110Email. conferences@cmaconnect.com OR

visit us at www.shipping2008.com

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