PRESIDENT’S NOTESUP COMING EVENTS

O n e S t a m fo rd L a n d i n g , 6 2 S o u t h f i e l d Av e n u e • S t a m fo rd , C o n n e c t i c u t • 0 6 9 0 2

President’s Notes —page 1

From the Editor —page 3

Membership Notes —page 4

Taxing Shipping —page 6

Marine Terminal Information System (MTIS) —page 6

CHAPTER 11: Sightings from the Bankruptcy Bar —page 8

Factoids & Stuff —page 9

API Tanker Conference —page 10

CMA Shipping 2012 Business Card Drawing Winners —page 10

CMA Bowling Season Recap —page 11

Up Coming Events —page 11

Report From The Links —page 12

Scenes From The CMA Annual General —page 14

Meeting Lunch

Job Mart —page 15

VOLUME XVII, NUMBER 8SSP T 2000N E W S L E T T E R MAY 2012

SAVE THE DATESMAY 2012

Thursday, May 31, 2012CMA Monthly Speaker Luncheon

Panel Discussion led by: John F. Imhof Jr., Partner, Watson, Farley & Williams LLP

“Navigating the Jones Act: Implications on the

Development of Offshore Wind Energy Projects

in the United States”

Water’s Edge at Giovanni’s II2748 Post Road, Darien, CT 06820

Cash Bar: 12 Noon – Seating for Lunch 12:45 pm

Members: $45 per person / Non-Members: $50 per person

JUNE 2012Thursday, June 14, 2012

(Note earlier Thursday in the month for this one)

CMA Education Awards Luncheon

Speaker: TBAPresentation of Annual CMA Education

Scholarship Awards

Water’s Edge at Giovanni’s II2748 Post Road, Darien, CT 06820

Cash Bar: 12 Noon – Seating for Lunch 12:45 pm

Members: $45 per person / Non-Members: $50 per person

For Reservations for all CMA Events please call Lorraine at +1.203.406.0109 Ext 3717

Or email conferences@cmaconnect.com

CONTENTS

On Thursday April 26th the CMA held its Annual GeneralMeeting (AGM) where I was voted in as the new President.The fact that it was so well attended was a tribute to BethWilson-Jordan, and her tireless efforts to further the tenetsof the CMA during the past four years. Hers are, indeed, bigshoes to fill.

Further-on in this newsletter you will see the details of theBoard changes voted in during this annual event. Suffice tosay, there is a good mixture of both old and new faces andfrom different parts of the maritime world. It is an excitinggroup of people and one which, I am sure, will provide the

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• CMA INFORMATION •OFFICERS

PRESIDENT VICE PRESIDENT Ian Workman Molly McCafferty

P: (203) 863-0001 P: (203) 406-3448Email: F: (203) 965-7850

Email: iworkman@wfscorp.com Email: mgm@clipper-group.com

SECRETARY TREASURERTony Backos Charlie Tammara

P: (646) 361-4061 P: (203) 662-2604Email: F: (203) 662-2786

abackos@wfw.com Email:

charlie.tammara@heidmar.com

GOVERNORS & COMMITTEE CHAIRSMEMbERSHIP PLANNING & ADMINBrian Robinson David FillisP: (203) 524-7670 P: (203) 434-5485

Email: Email:

brian.robinson@stshipping.com dmfillis@yahoo.com

SOCIAL COMMUNICATIONLen Faucher Nora Huvane

P: (203) 629-2300 P: (203) 260-7004F: (203) 629-9101 Email:

Email: lf@crweber.com nora.huvane@gmail.com

EDUCATION MEMbERSHIP LIAISONMargaret Faucher Kim EdwardsP: (360) 870-7105 P: (203) 548-7444

Email: F: (866) 548-7720 margaretfaucher@gmail.com Email:

cmamembership@gmail.com

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

EVENTS & WEb: Lorraine ParsonsEmail: conferences@cmaconnect.com

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CMA with a huge degree of support as we look to move for-ward.

The fact that the CMA is there to represent and develop allfacets of the Maritime World makes my job easier. We haveall often heard it referred to as a Maritime Family – onceyou are a member, it is for life – and I am looking forwardto involving and working with all parts of this family as wework in bringing everyone together – in the words of theCMA mission statement – “To provide an open forum forindividuals to exchange ideas and information sup-porting the development and growth of the interna-tional maritime and trade industries.”

My contact details, and those of the Board, are on page 2of the CMA Newsletters. Please do not hesitate to contactany of us with suggestions, comments or requests.

Let me now remind you of some items of interest:

• At the AGM Beth unveiled the latest developments on our membership website. We have been working on this for almost a year and we think it will prove very useful.

• Do not forget the annual picnic at Stamford Yacht Club on July 19th.

• The Golf outing on the 3rd May at Sterling Farms wasa great success and enjoyed by all in spite of the weather.

• Fencing continues its regular bouts and beginners are always welcome.

• Did you know that our softball league has been a part of CMA since its beginnings? Its roots go back to a rivalry between Skaarup Chartering and John F. Dillon Company dating back to (approximately) 1982.

• This years’ softball season started on May 7th, the schedule is on the CMA Website and supporters are always welcome! The games take place at Trinity Catholic High School in Stamford, 926 Newfield Avenue, and all games start at 1800 hours.

The last of this season’s luncheons will be held on May 31and June 14. I hope to see you at one of them. I look for-ward to building and expanding the CMA and suggestionsare always welcome.

Ian Workman

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over the Jones Act.

Fast forward to 2012. Consider the Obama Administration’semphasis on the job creation effects of exports. A NYTimes OP-ED piece April 10, 2012 spoke to why the mediaseemed to be missing the connection between export relat-ed jobs versus the jobs that deliver services here in theU.S. It referenced an article in "American Interest" maga-zine (“What Export-Oriented America Means”) by econo-mist Tyler Cowen. Cowen suggests that there are two inter-related American economies – one, call it Economy I, com-petes in a hyper-competitive globalized economy, andanother, call it Economy II, focuses on those areas that arenot so effected by global competition - health care, educa-tion and government.

Mr. Cowen concludes that Economy II is unable to intellec-tually make the transition to Economy I. I don't think it is acase of denial as much as it is that Economy II is blindedby its political clout and does not realize it is Economy I thatenables Economy II. The U.S. DOT estimates foreign tradewill be the equivalent to 35% of US GDP in 2020 and 60%in 2030. My point is simply that Economy I is where thefuture of our country lies and marine transportation is a crit-

FROM THE EDITOR

I attend quite a few meetings of other industry organiza-tions while wearing my CMA “Ambassador” hat. A frequentcomplaint I hear from the industry is how difficult it is toconnect with those who create public policy. I heard a bit ofthis at the NYMAR Annual General Meeting last month.Since NYMAR is far more engaged in advocacy than CMAit would seem that, as an industry, we are still unheard andinvisible to policy makers.

Congressional representatives used to complain about thenever-ending stream of conflicting messages deliveredbefore the House Merchant Marine and FisheriesCommittee coming from shipyards, seagoing unions, ship-pers, ports and all of their lobbyists. (For the history buffsI recommend Andrew Gibson’s book “The AbandonedOcean: A History of U.S. Maritime Policy”.) The dissolutionof Merchant Marine and Fisheries in 1994 followedPresident Reagan’s sunsetting of the Construction andOperating Differential subsidies for the US fleet. The dis-cordant voices went silent save for the continuing debate

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ical element of it. That, to my mind, is a message Congressdoes not understand.

The Congressional hearings on Dubai Ports World’s pur-chase of some terminal leases in several U.S. ports fromP&O Ports (February 2006) was a sorry illustration ofCongress’ ignorance of the world of trade and commerceand its willingness to remain so. Returning to my openingcomment about communicating with policy makers, I ask“How can you educate policy makers if no one will listen towhat you have to say?” That quote came from a NationalPublic Radio (NPR) special on lobbyists Friday morningApril 20th. By the way, that should not be taken as a rhetor-ical question.

The global shipping industry must compete to survive but,except for the liner sector which is monitored by govern-ments, neither has the money or the urgent need to lobbyCongress. That is, whatever the benefits of getting our con-cerns heard and acted upon will not accrue to us. Most ofthe concerns deal with making our ports, and logistical net-works that serve the ports, more efficient. The lower sur-face and marine transportation costs make Americanexports more competitive which help create or retain USexport jobs.

What can be done to get us heard? For example, shouldCMA amend its mission statement to accommodate thereality of how change is facilitated in our society? We stillwant to lead by educating, but can we do it more effective-ly? Is advocacy a dirty word? Should we partner withorganizations that have advocacy agendas and providethem with our unique knowledge and information? What doyou think?

CMA’s annual general meeting: We had 74 members attend and the annual elections wentoff without a hitch. We have a new CMA President. Longlive the … yes long live the new guy, but I’d like to thank thelast one. Beth, you did a great job and welcome to the pan-theon of “formers”. Our sincere thanks also go to Beth’shusband and daughters for sharing her with us. Our thanksalso go to all our former and newly elected Board membersfor their time and dedication.

Donald Frost

Late breaking item:In the run-up to the European Commission’s removal of theblock anti-trust exemption granted shipping conferences inthe Treaty of Rome in 2007, and the logical extension of

MEMBERSHIP NOTES

As the newly elected Membership Chair I am happy toextend a CMA welcome to those who applied for member-ship last month. I might add that several of those listed hereshared their time and knowledge with us at Shipping 2012and are receiving a one year’s membership.

Please welcome:

Adam Amann, Coal Operator, Trafigura AG, Stamford,Connecticut

Llewellyn Bankes-Hughes, MD & Publisher, PetrospotLimited, Adderbury/Oxfordshire, UK

Sam Basl, Trader - Zinc & Lead Refined, Trafigura AG,Stamford, Connecticut

Elizabeth Reynolds Boyd, PE VP Eng. Marine ExhaustSolutions, Charlottetown, Canada

Aaron Bresnahan, Vice President, Wartsila Corporation,Chesapeake, Virginia

Capt. Herman B.W. Broers, Chairman, Rotterdam Pilots,Europoort, Netherlands

Tim Brownlow, Dir. Gov. Affairs & Bus. Dev., IrvingShipbuilding Inc., Nova Scotia, Canada

Ryan S. Brunelle, Mgr, Nontank Plan Dept, ECM MaritimeServices, LLC, Norwalk, CT

Uwe Bullwinkel, Exec. VP, Germanischer Lloyd (USA), Inc.,Houston, Texas

Andres Carvajal, Naves SA, Bogota, Colombia

Alex Cavazos, ExxonMobil Marine Fuels, Coral Gables,Florida

Tom Cincotta, Warehousing and Logistics Manager, NEMSUSA Inc., Stamford, CT

Frank J. Coles, President, Inmarsat Maritime, London,United Kingdom

that thinking to shipping pools and other aspects of marinetransportation, I frequently expressed the belief that the ECwould regret that decision. We had a special conference onthis matter at the Yale Club in October of 2007. It was,therefore, with some thoughts of vindication that I read thatthe European Commission is seeking views on whether toabolish the antitrust guidelines specific to sea transportwhen the 2008 rules expire in September of 2013. I willhave more on this in next month’s edition.

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Paul Cooper, Service Sales Mgr, Marine, STX ServiceAmericas, LLC, Houston, Texas

Ryan Dalton, Claims Manager, Gemini Tankers, LLC,Stamford, CT

Steven D'Amico, VP, Forte, Mason, D'Amico MorganStanley Smith Barney, New Haven, CT

Richard L. Desgagnes, Canadian Leader - Transport,Norton Rose, Montreal, Canada

Matt Dunlop, COO, V.Ships Shipmanagement, Glasgow,United Kingdom

Jonathan M. Epstein, Partner, Holland & Knight LLP,Washington, DC

Kjell A. Forfang, Principal Commercial Operator Shipping,Statoil, Stamford, CT

Evelyn Garcia, Student, SUNY Maritime College, Bronx,New York

Fotis Giannakoulis, Vice President, Morgan Stanley, NewYork, New York

Gunther Gossmann, VP, Grain Procurement, Multi-Foods/Multi-Flour, Guatemala City

Gregory Hadjieleftheriadis, Kifissia, Greece

Matthew Stern Hammer, Jr., Sales & Mkting, ChemoilCorporation, San Francisco, CA

Tammi Herouart, Sales and Marketing, ChemoilCorporation, White Plains, NY

Ted Higson, Corporate Finance, GMS, Cumberland,Maryland

Michaela Iafeliece, Jr. Trader, Traffic Operator, Trafigura AG,Stamford, CT

La Tashia Jackson, Sr Commercial Operator Shipping,Statoil, Stamford, CT

John R. Keough, III, Partner, Clyde & Co US LLP, New York,NY

Björn Kjerfve, Ph.d, President, World Maritime University,Malmö, Sweden

Zachary Krissoff, SUNY Maritime College, Throggs Neck,New York

Vassos Kyprianou, Dir. Asset Finance, Citigroup GlobalMarkets, Inc., New York, NY

James Lamacchia, Graduate Student, SUNY MaritimeCollege, Bronx, New York

Peter Lamacchia, Student, SUNY Maritime College, Bronx,New York

Lori Ann Larocco, Senior Talent Producer, CNBC,Englewood Cliffs, New Jersey

Hauk Larsen Wahl, Regional Manager, DNV PetroleumServices Inc., La Porte, Texas

Lucien Lesuis, Managing Director, Charterama B.V.,Netherlands

Robert Lintott, MDir. / Chairman, ISObunkers LLC / IBIA,Norfolk, Virginia

Raymond Lord, President, DONJON-SMIT, LLC,Alexandria, Virginia

Michael Mallinson, Marine Engineer, Rolls-Royce NavalMarine, Old Saybrook, CT

Kane Mamadou, Senior Sureveyor, Omega Marine, Dakar,Senegal

Evert J.A.J. Margry, MDir., Charterama B.V. - Rotterdam,Rotterdam, Netherlands

Philip Marro, Agent, GenOil, Port Chester, New York

Brendan Minogue, Assist. Mgr. Non Tank Dept, ECMMaritime Services, LLC, Norwalk, CT

Richard A. Mueller, President & CEO, Netsco, ColumbiaStation, Ohio

Kevin Nash, Managing Director, Flagship MaritimeRecruiting, Southport, CT

Simon Newman, Head of Tanker Research, ICAP ShippingLimited, London, UK

Andreas Nordseth, Dir. General, The Danish MaritimeAuthority, Copenhagen, Denmark

Warwick Norman, CEO, RightShip, Melbourne, Australia

Mr. Peter G. Pamel, Partner / Marine Group, Borden LadnerGervais (BLG), Montréal, Canada

Panos Panousis, Director, Infospectrum, Ltd., Oxford,United Kingdom

Dale Ploughman, Chairman & CEO, Seanergy MaritimeHoldings Corp., Glyfada, Greece

John Quarrington, Director, MWS/MCI, GL Noble Denton,Houston, Texas

Hansjuerg Raez, Operator, Trafigura AG, Stamford,Connecticut

Mike Reardon, Mgr Global Strategy & Freight Trading,ConocoPhillips, Houston, TX

Mark-Anthony Rodriguez, Logistics Manager, Trafigura AG,Stamford, CT

Michael Samaritano, Noble Americas Corp., Stamford,Connecticut

Sergiy Bilyy, Crewing, Ukraine Maritime Service, Odessa,Ukraine

Torben C. Skaanild, Secretary General & CEO, BIMCO,

6

TAXING SHIPPING

By Donald Frost

Malcolm Latarche, Editor of Fairplay’s SOLUTIONS, had alot to say about Shipping 2012 in his April edition particu-larly those BIG PICTURE sessions that somehow get for-gotten far too quickly. I did make my own notes, and haveaccess to the presentations, but to make things a bit easier on me I am going to use some of Malcolm’s text.

On Monday afternoon’s opening session of Shipping 2012Spryros Polemis, chairman of the International Chamber ofShipping (ICS) spoke out about that part of the emissionregulations that mentioned Market Based Measures(MBM) being imposed on shipping as an incentive toreduce CO2 emissions. He pointed out that “shipping com-panies are rightly skeptical about the introduction of MBMs.The high cost of fuel, which looks set to increase further,means that ship owners already have every incentive toreduce emissions even more.”

Mr. Polemis suggested that another reason behind MBMs.He said: “It is no more than a means of raising money fromshipping as an end in itself, whether as a means of provid-ing finance for climate change projects in developing coun-tries or simply as a means of raising money to go directlyinto government coffers. Many European governments are

quite open about this and have suggested that as much as$40 Billion a year might be raised from shipping. That isinequitable.”

Mr. Polemis added: “The industry should not be regardedas a cash cow… extracting payments of this scale wouldrightly be seen by developing nations as a tax on trade andas a kind of green protectionism.” I might add I heard men-tion of this idea of taxing shipping to clean the air last yearat a conference at the Institute Oceanographique de Parisand Dr. Peter Swift (ex- Intertanko Chairman) made thepoint that fuel price was sufficient incentive to reduce emis-sions.

There is more. Polemis further commented on emissionstrading schemes (ETS) saying: “ETS is not suitable forshipping: it will distort competition, it will enrich speculatorsand larger companies, and the money raised will not bene-fit the environment.” We heard that same statement fromseveral speakers and attendees at the IBIA Conference inStamford September 14, 2010. What did the “enviros” notunderstand?

SOLUTIONS also mentioned the ISM Code. If will recall theISM Code was a passive way to introduce shipping to theidea of total quality management and ISO 9000. Insurancecarriers were impressed that the industry adopted it soquickly, but never quite demanded the kind of reporting thatwas part of the code.

In Wednesday (March 21) morning’s session US CoastGuard Deputy Commandant, Brian Salerno, said that ISMimplementation is not being taken seriously by shippingcompanies, crews and port-state control and has largelybecome an exercise in checking off boxes. The safety cul-ture we worked so hard to inculcate has been lost since theISM Code was adopted. Could this cause P&I premiums torise? A self induced tax?

Bagsvaerd, Denmark

Capt. Herbert Soanes, Sr. VP/ Deputy Mg Dir., DVB BankSE, Rotterdam, Netherlands

Katharina Stanzel, Deputy Managing Director, INTER-TANKO, London, United Kingdom

Adrian Tolson, Mktg Dir., Oil Liquids Dept., Noble AmericasCorp., Stamford, CT

John M. Walker, Vice President, GL Noble Denton, NewYork, New York

Jack Warfield, VP, Wealth Management, Morgan Stanley,Syosset, New York

Jacob Wisniewski, Student, SUNY Maritime College,Throggs Neck, New York

George M. Zoukee, U.S. Department of Transportation,Washington, DC

Brian RobinsonMembership Chair

By Captain Bally Duggal

(Editor’s Note: This article was previously published in SEAWAYS, the

monthly journal of the Nautical Institute of London)

The Oil Companies International Marine Forum (OCIMF)launched its Marine Terminal Information System (MTIS) in2009, with the intention of raising standards in port and at

MARINE TERMINALINFORMATION SYSTEM (MTIS)

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berth, improve ship/shore interfacing and increase environ-mental protection. Participation is strictly voluntary and willbe based on four projects, some of which are already indevelopment. It will be similar to OCIMF’s existing ShipInspection and Report (SIRE) and Tanker ManagementSelf Assessment (TMSA) programmes, leading to greaterefficiency and safety across the ship/shore interface.

The programme is expected to fill the gaps in internationalstandards for terminals by embracing the physical proper-ties of the terminals, management systems and operatortraining

Marine Terminal Particular Questionnaire (MTPQ)The MTPQ is designed to gather terminal information relat-ed to hardware available, berth measurements and oil/gastransfer rates. The data is collected in standard formatusing consistent units of measurement. MTPQ data willallow vessel programmers and operators to compare thisinformation with the vessel’s SIRE data to assess the suit-ability of the ship/shore interface specific to the terminal.The first project started on 3 October 2011 with OCIMFmembers receiving the MTPQ to be completed by termi-nals. All the information is expected to be gathered by 3April 2012.

Marine Terminal Management and Self Assessment(MTMSA)The existing Marine Terminal Baseline Criteria will beupdated. MTMSA is expected to be consistent with thetanker operator’s TMSA initiative, which was also devel-oped by OCIMF. MTMSA will assess the effectiveness ofthe terminal’s safe berthing and cargo operations manage-ment, including the ship/shore interface. Key PerformanceIndicators (KPIs) will be developed as a basis on which ter-minal management systems will be assessed. This projectis expected to be launched by the end of March 2012.

Marine Terminal Operator Training System (MTOTS)Terminal operators will need to develop their own trainingprogramme which will ensure training skills and compe-tence levels for effective ship/shore interface. OCIMF’sMarine Terminal Training and Competence Assessmentguidelines and the Society of International Gas Tanker andTerminal Operator (SIGTTO)’s suggested competencestandards are currently under review. MTOTS guidelinesare expected to be ready by 2013.

Marine Terminal Assessor and Accreditation Programme(MTAA) The MTAA programme will be developed once MTMSA is

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finalized. MTAA will ensure the staff conducting theMTMSA is suitably assessed and accredited by a compe-tent authority. benefits of the MTIS• Increase in safety and environmental awareness leading to higher standards of terminal operation;

• Improved operational efficiency with better dissemina-tion of terminal/ship design parameters;

• Continuous self assessment by terminal operators leading to improved safety management systems;

• Reduction in waiting time at terminal prior to berthing. Improved turnaround times in port.

Moving towards safetyThe OCIMF Ship Inspection and Report (SIRE)Programme was launched in 1993 to address sub-stan-dard shipping. SIRE is basically a comprehensive riskassessment carried out by an accredited inspector.

In 2004, the Tanker Management and Self Assessment(TMSA) programme was launched in 2004 to help vesseloperators self assess, measure and improve their man-agement systems. SIRE and TMSA programs have beenwell accepted within the tanker industry by owners, opera-tors and charters.

The MTIS programme currently under development willimprove the safety at the ship / terminal interface and alsoin ship to ship transfers. SIRE, TMSA, MTIS are expectedto share the same look and feel, features and user friendlydatabases. It can be expected that elements from thesethree programs will be well integrated, leading to more effi-cient and proactive exchange of information betweenMaster, ship operator, terminal operator, charters, andagents.

By Steven B. Soll, Esq., Member of the Firm of OtterbourgSteindler Houston & Rosen P.C.

The voyages of several of our intrepid bankrupt debtorshave reached, or are near, their final destination - exitingtheir bankruptcy cases. Others continue to linger. Sinceour last sighting, a view from the lookout tower shows thefollowing:

Bon Voyage - Trailer Bridge has departed from its fourmonth port of call in the United States Bankruptcy Court,having achieved confirmation of its plan of reorganizationon March 22, 2012. A streamlined Trailer Bridge, with arevised, deleveraged capital structure, hopes that there issmooth sailing ahead. Meanwhile, the Chapter 11 “pre-packaged bankruptcy” of TBS International plc moved fullsteam ahead as TBS achieved confirmation of its bank-ruptcy plan at a court hearing held on March 28, 2012, lessthan two months after its arrival in the Bankruptcy Court.Under its plan TBS reduced its debt by more than $100 mil-lion, since September 2011, obtained $40 million in newfinancing from its existing lenders and will pay unsecuredcreditors holding allowed claims in full. Ownership of theoperating entities will be principally held by TBS’ lenders.A very short layover indeed.

Clear Sailing - Cleared to depart by the Bankruptcy Courton May 3rd, General Maritime will be next to set sail.General Maritime arrived in its bankruptcy proceeding inmid-November, 2011 with pre-negotiated support from cer-tain of its senior and subordinated lenders regarding theterms of an acceptable plan of reorganization only to findstrong opposition from its senior noteholders and unse-cured creditors’ committee. Subsequent to GeneralMaritime having obtained court approval of a DisclosureStatement to allow voting on its Plan, it continued to nego-tiate with its noteholders and creditors’ committee and filedan amended plan which had the support of all of its majorconstituencies. General unsecured creditors will receivedistributions having a value of approximately 5.4% of theamount of their general unsecured claim, comprised ofcash, 2% the equity of the reorganized debtor and warrantsto purchase up to an additional 3% of the equity. GeneralMaritime expects the Plan to become effective later thismonth.

CHAPTER 11: SIGHTINGSFROM THE BANKRUPTCY BAR

The OCIMF Port and Terminals Committee (PTC) isone of the four senior standing committees withOCIMF Executive Committee at its head. PTC works toimprove safety and environmental issues at ports andterminals with ship and terminal interface. The threeregional forums which report to PTC are WesternTerminal Forum (WTF), European / Eastern TerminalForum (EETF) and Asia Pacific Terminal Forum(APTF). These forums regularly engage worldwideOCIMF members and terminal operators to share bestpractice, contributing to new standards and promotingcontinuous improvement in the standards of terminaldesign and operation. These forums raise issues anddevelop new guidelines for the benefit of the wholemarine transportation industry.

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Stormy Waters - The forecast remains bad for OmegaNavigation, which continues to linger in Chapter 11. After ahiatus in activity while the parties unsuccessfully attempt-ed mediation, the parties have now established a briefingand hearing schedule during the month of May that willaddress the Bankruptcy Court's prior order regarding thelenders’ attempt to modify the automatic stay, as well asrelating to the allowance and classification of the lenders’claims. On a parallel path, the parties continue to prose-cute appeals of prior bankruptcy court rulings. This voyagehas no end in sight.

Hard Aground - After almost ten months, Marco PoloSeatrade’s attempt to confirm a reorganization plan thatwould allow it to remain an operating entity has runaground and the Company has recently advised theBankruptcy Court that it will file a consensual plan of liqui-dation that has the support of its two principal securedlenders and its unsecured creditors’ committee. The plan ispredicated upon a settlement among the parties that willallow for the prompt turnover of Marco Polo Seatrade’s ves-sels to the appropriate lender’s designee.

New Arrival - Similar to the Chapter 15 petition filed inDecember, 2011 by the foreign representatives of PTArpeni Pratama Ocean Line Tbk, the joint liquidators ofHumpuss Sea Transport Pte Ltd., a Singapore based unitof Jakarta based PT Humpuss Intermoda Transportasi(HITS), filed their Chapter 15 petition in the United StatesBankruptcy Court for the Southern District of New York inwhich they seek recognition of the Singapore liquidators as“foreign representatives” and the pending Singapore pro-ceeding as a “foreign main proceeding” in order to allow theliquidators to obtain the benefit of the “automatic stay” anddiscovery devices under U.S. bankruptcy law to uncoverinformation and possible assets, while simultaneously rec-ognizing that the liquidation proceeding will continue underthe administration of the Singapore courts. A hearing willbe held before the United States Bankruptcy Court on May15 to consider the liquidators’ Chapter 15 petition.

Who’s next?

Steven Soll can be contacted at Otterbourg, Steindler, Houston & Rosen, P.C., 230Park Avenue, New York, NY 10169; ssoll@oshr.com (212 905-3650); www.oshr.com

The information presented in this article is summary in nature. It should not be construed as legal advice or opinion and is not a substitute for advice of counsel.

FACTOIDS & STUFF

A collection of bits and pieces of possible interest toshipping people

By Don Frost

TITANIC – Her tragic accident happened 100 years ago.

We know the ship sailed for White Star Line, was built in

Belfast, departed Southampton on her maiden voyage and

was operated by a British crew. Who owned the ship? In

fact White Star Line was American-owned. The line was

one of several ocean shipping companies that were con-

trolled by a Trust: The International Mercantile Marine

Company. The trust was bankrolled by J. Pierpont Morgan

who financed the “shipping trust” and the purchase of

White Star Line in 1902. According to a NY Times piece

Sunday April 15, 2012 the trust paid too much for some of

the Line’s subsidiaries. It never controlled trans-Atlantic

shipping as Morgan had hoped, and he lost a good deal of

money on the venture. (Sounds like today.) The Titanic cost

1.5 million pounds to build but was only insured for 1 mil-

lion pounds.

A more recent loss was covered in Fairplay (March 22,

2012). A lawsuit has been filed in civil court in Genoa

against the Italian classification society RINA accusing it of

part of the responsibility for the fire, capsizing and sinking

of the Egyptian ferry al-Sallaam Boccaccio 98 in 2006. The

plaintiffs argue that as the ferry company classification

society (since 1969), RINA was responsible for the

issuance and auditing of key compliance certificates. EU

Law specialist, Majorie Holmes (she spoke at a CMA

Conference in October 2007) is quoted as saying

”Sovereign immunity is possible if a classification society is

working on behalf of the flag state”, but, “if the society is

also conducting a commercial contract I cannot see how

they can have sovereign immunity”. Class on trial --- sound

familiar?

Who or what is driving the cost of oil? The Federal Reserve

Bank of St. Louis has published a paper (“Speculation in

the Oil Market” authored by economists Luciana Juvenal

and Ivan Petrella) in an attempt to identify and untangle the

four main drivers behind the price of oil over the past

decade. The paper identifies global demand, global supply,

bUSINESS CARD DRAWINGWINNERS

We are pleased to announce the following winners of ourCMA Shipping 2012 Business Card Drawing:

Shipping 2013 Full Conference Delegate Registration Peter Hinchliffe, Secretary General, InternationalChamber of Shipping, United Kingdom

CMA 1-Year Membership (New or 1-year renewal if alreadya CMA member)Stephan Skoufalos, Skoufalos LLC, Stamford, CT, USA

Complimentary CMA Events Pass for 2012, which includes

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oil-inventory and speculation. Speculation was found to be

the second biggest driver at 15% of the price. Pure global

demand accounted for 40%. So who or what is driving the

price of gasoline in the US? Another study by another

organization suggests almost $1.00/gallon is attributable to

traders/speculation.

As ships of all types grow in size ports are increasingly

pressed to keep up and improve their efficiency. Two such

attempts came to my attention this month.

1) The Port of Houston has put a survey into the field to

help them improve their performance and meet future

needs. Their “Sunset Advisory Committee” is com

posed on legislators and public members who seek

input from organizations, businesses and individuals

who have an interest in the Port of Houston. The

survey link: http://surveymonkey.com/s/POHA Sunset

Review Survey. Questions- contact Katherine Teleki

At (512)-463-1300.2)

2) The Port Authority of Singapore and the Singapore

Maritime Institute offered US$1 million for radical new

proposals for a container port of the future (The Next

Generation Container Port Challenge). The proposals

and awards were to be announced during Singapore

Maritime Week April 2012.

Panama Canal Tolls to be lowered effective July 1, 2012.

Following the April 18th meeting of the Board of Directors

of the Panama Canal a modification of the Canal toll struc-

ture was proposed to redefine some market segments and

adjust tolls for smaller vessels. The tanker segment will be

split into three, a new container/breakbulk segment is cre-

ated and incorporates roll on/roll off vessels into the vehi-

cle carrier segment. The number of segments will increase

from eight to eleven: full container, container/break bulk,

reefer, dry bulk, passenger, vehicle carrier and ro-ro carri-

er, tanker, chemical tanker, liquefied petroleum gas, gener-

al cargo and others. ACP will hold a public hearing on the

proposal May 23 in Panama City.

See http://www.pancanal.com/peajes/

USDA forecasting possible bumper crop of corn this year.

As of April 30, 2012 farmers in 18 corn producing states

had planted 53% of their corn crop--- near double the

2007-2011 average of 27% at this time of the year.

Favorable planting weather has permitted an early planting

pace. Good chance exports will be up this Fall.

API TANKER CONFERENCE

May 21-22 – Orlando, FLThe API Tanker Conference is quickly approaching May 21-22 at the Waldorf Astoria in Orlando, FL.

This year's conference features exceptional speakers andinteractive panel discussions, customized to meet currenttanker challenges in daily operations and to help drive ourbusiness forward. Some highlights are listed below:

• Panels will address hot topics, like the current and future states of safety, piracy, and the environment within our industry

• US Coast Guard Commandant Admiral Robert Papp will present the William M. Benkert Environment Protection Awards honoring leadership, innovation, and creativity in the field of marine safety

• Key note sessions will feature Ken Kies at the Federal Policy Group, Tom Kelly from Department of State, and Former White House Chief of Staff, Andy Card

• A golf tournament and other group events are plannedto end the sessions

For more information on sponsorship opportunities,'Bridging the Gap’ Registration, or the API GolfTournament, please visit the conference website at:http://www.api.org/events-and-training/calendar-of-events/2012-events/tanker-conference-orlando.aspx

CMA SHIPPING 2012

11

the regular monthly CMA Lunches during 2012, 1 CMADinner Meeting (if held), 1 CMA Annual Summer Picnic atthe Stamford Yacht Club and 1 Holiday Party in December2012Eric Linsner, General Manager & LNG/LPG Specialist,International Registries Inc., New York, NY, USA

Complimentary Passes for 2 for the CMA Annual SummerPicnic at the Stamford Yacht ClubJoe Sanchez, Sales Manager, bIS Services, Kenner, LA,

CMA BOWLING SEASON RECAP

The inaugural season of CMA bowling proved to be amissing link in the world of CMA athletics, as the CMAhas concluded their initial season with a stellar turnout.The league reached its team limit of 10 squads within theinitial day of registration, and participation never dipped.

The 10 week season included several highlights, includingthe incredible bowling ability by Steven Ratterman, whorolled 8 strikes in a row, on his way to the league’s sea-son high frame of 269. In the end UNISERVICE prevailedas the inaugural bowling league champs – final standingsbelow – CONGRATS TO UNISERVICE!

I would like to thank everyone for their participation andsupport throughout the inaugural season of CMA bowling.As this year proved the interest is greater than our currentcapacity, and CMA bowling will expand to 14 teams nextyear. I look forward to seeing everyone next season, aswell as during the upcoming softball season!

Please join me and the league for the trophy presentationduring the CMA lobster bake in July. Look forward to see-ing you all there – if not, have a good summer!

Team pts won pts lost1 Uniservice 31.5 12.52 Nordic Tankers 26 183 Gemini Tankers 24 204 Stolt 23 215 Heidmar 22 226 Charles R Weber 22 227 Fairfield Chem. 20 248 Odin Marine 18 269 MJLF 17 2710 Tradewinds 16.5 27.5

Eric LaRoseeTHE Commish

UP COMING EVENTS

SAVE THE DATES

MAY 2012Thursday, May 31, 2012

CMA Monthly Speaker Luncheon

Panel Discussion led by: John F. Imhof Jr., Partner, Watson, Farley & Williams LLP

“Navigating the Jones Act: Implications on the

Development of Offshore Wind Energy Projects

in the United States”

Water’s Edge at Giovanni’s II2748 Post Road, Darien, CT 06820

Cash Bar: 12 Noon – Seating for Lunch 12:45 pm

Members: $45 per person / Non-Members: $50 per person

JUNE 2012Thursday, June 14, 2012

(Note earlier Thursday in the month for this one)

CMA Education Awards Luncheon

Speaker: TBAPresentation of Annual CMA Education

Scholarship Awards

Water’s Edge at Giovanni’s II2748 Post Road, Darien, CT 06820

Cash Bar: 12 Noon – Seating for Lunch 12:45 pm

Members: $45 per person / Non-Members: $50 per person

For Reservations for all CMA Events please call Lorraine at +1.203.406.0109 Ext 3717

Or email conferences@cmaconnect.com

12

REPORT FROM THE LINKS…

The CMA Spring Golf Outing was held on Thursday, May3rd at Sterling Farms Golf Course in Stamford. I’ll describethe weather in a kind way and say that it was like playing inthe fine mist of a Scottish golf course (all day)! In any case,our hardy golfers all appeared to take it in stride and car-ried on! Thank you everyone for persevering!

A full-house of 144 golfers (our biggest crowd in the pastten years) turned out for a great day of camaraderie andexcellent golfing, followed by dinner and much prize-giving.

This year we again played “simple scramble/best ball” for-mat and offered a trophy to the Champions, “The GraydonMichael Webster Cup”.

The two top placed teams were:

Second Place: True North Chartering (led by Drew Balshi)

First Place: The Cutler & Andrews Financial Group (led by James Parker and with Jason Andrews, Ken Dougherty & DonnyKirkpatrick).

Congratulations to James, Jason, Ken and Donny on pro-ducing an amazing score of 59. Congratulations, enjoy

your further one-year stewardship of the trophy and welook forward to your defense of it next year!

Thank you to all our golfers and dinner guests.

Thank you to our generous hole sponsors:

Burke & ParsonsEnterprise Marine, Inc., IstanbulFairfield Chemical CarriersHeidenreich InnovationsKPI Bridge OilMarine Money InternationalMartin, Ottaway, van Hemmen & Dolan, Inc.McAllister Towing & Transportation, Inc.Mid Ocean Tankers / Alterna CapitalMoran Shipping AgenciesMTI Network (USA), Inc.OceanConnect MarineRandive, Inc.StatoilThomas Miller (Americas) Inc.

A big thank you for the very popular sponsorship, courtesyof Johnny Kulukundis, the beverage cart and, of course, toKurt Erlandson and Randive, for their sponsorship of thegolf balls once again this year and our new sponsors, KPI Bridge Oil, who sponsored the golf towels.

See you on the green next year!

Our 2012 Golf Champions!

Our 2012 female golfers 2012 Runners-Up

Champion Team Leader James Parker with his father Frank “Rusty” Parker and

CMA President Ian Workman

Photos courtesy of Gail Karlshoej

www.bltoffice.com

14

SCENES FROM THE CMAANNUAL GENERAL MEETING

LUNCHEON

Photos courtesy of Gail Karlshoej

15

sional data analysis and business intelligence tools. Reputation for being

able to work with technology professionals to translate business needs

into solutions. Strong Excel and Microsoft Access skills.

• 13 years as a Financial and Senior Financial Analyst for IBM

* A fundamental understanding of data acquisition, interpretation and

modeling

• Experienced user of most corporate and PC based database and

analysis software including Essbase, MS Access, MS Excel, Lotus

1-2-3 and Lotus Approach

• A unique ability to spot trends and patterns that other analysts might

not see

• Provided mentoring and training to younger finance analysts helping

them to develop the professional skills necessary to succeed in high

pressure business environments

Contact: Marilyn Wentworth-Hanson

Telephone: 914 669 4614

E-Mail: mwentworthhanson@gmail.com (S11-03)

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

Candidate 5: Tulane Maritime Law graduate seeking an workingopportunity in maritime industryAs a candidate determined to explore the world of international shipping

business, I enthusiastically look forward to putting my knowledge and

experience into practice of the global maritime industry. My knowledge

and interest of admiralty and maritime law has been greatly developed as

I have been systematically trained by learning every aspects of this area.

The experiences that I had gained from working in different law firms

helped me to develop good customer service skills, office skills as well as

interpersonal skills. My international background provides me with, not

only a comprehensive mode of thinking, but also skills of effective com-

munication. Meanwhile, I readily adapt to new situations and demands,

and am always excited to learn new concepts. I am looking for a position

in marine insurance companies, P&I clubs, vessel chartering teams, ship

broker teams, shipping finance companies, or any other ocean shipping

business related working opportunities.

Education: LL.M. in Admiralty and Maritime Law, Tulane University Law

School, New Orleans

LL.B. in Commercial Law, Dalian University Law School, Dalian, China

Bar Admission: New York State bar exam results pending

Experience: Assisted in different aspects of court proceeding and pretrial

conferences

Language Skills: English and Mandarin Chinese

English-Chinese and Chinese-English Interpreter for various international

business meetings.

Contact: Yumin Zhao

Cell: 504-717-3113

E-Mail: yzhao0930@gmail.com (S11-05)

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

Candidate 6: 100% Shipping Man is seeking an opportunity to representa US Maritime Company in Bulgaria and on East European Market

Education:

• Navigation-5 years Master Degree course at N.Vaptzarov Naval

Academy-Varna, Bulgaria 1977-1982

• Navigation-4 years course at Secondary Maritime College-Varna,

SITUATIONS WANTED

Candidate 1: Experienced HR ManagerExperienced HR. Manager looking for job in shipping company at USA.

• Eleven years experience in Marine recruitment

• MBA / Marine Engineer Dpl.

• Goal oriented and Team player

• Strong communication and strategic planning skills

• Advanced user of Fleet Manager PC program

(Ref: www.dbmagic.com)

Name: Sergiy Bilyy

Email: sergiybilyy@yahoo.com (S12-05)

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

Candidate 2: Seeking an opportunity in Finance in the Maritime orEnergy sector.Young, experienced Marine Engineer, seeking an entry level Analyst posi-

tion at an investment bank, private equity or VC firm.

Education: B.S., Marine Engineering, USMMA; Professional Certificate,

Investment Banking, New York University; Independent study, Harvard

Business School and MIT-Sloan School of Management.

I am a natural leader and a team player, who learns very quickly, and

operates with high accuracy and precision. I think creatively and work

analytically. I enjoy building relationships with industry players and deal

makers--seeking to add value in any way possible.

I would welcome any opportunity to discuss my experience and qualifica-

tions.

Cell: 267.446.9628, E-Mail: 89targa@gmail.com (S11-02)

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

Candidate 3: Experienced Senior Financial Data AnalystExperienced Senior Financial Data Analyst with in-depth experience and

recognized talent for developing and maintaining financial forecast mod-

els for a Fortune 100 Company. Significant experience with multi-dimen-

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 a CMA 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.com The latest Job Mart is always accessible on the CMA website at: http://www.cmaconnect.com

JO B MA R T

16

Bulgaria 1973-1977

• Ship Chartering, Ship Management and Port Agency courses at The

Institute of Chartered Shipbrokers-London 2002-2004

Qualification:

• 3rd Grade Navigational Officer as per STSW 95/98

• Certified Shipbroker-MICS

Experience: total 30 years both at sea and on the shore

• Navigational Officer, Hopper Barges and Port Tugboat Master - 5 years

• Dry Cargo Chartering Shipbroker, Ship Commercial Operator, Port

Agent, Ship Chandler, CEO of Sea Port Terminal and Manager at Ro-

Ro Company - 25 years

Could be very helpful as Chartering Shipbroker and representative to US

Ship owners operating general and bulk cargo vessels, also to Maritime

Company seeking to establish business in Bulgaria in Shipping sector.

Also can be consultant to companies interested to invest or develop busi-

ness on Bulgarian shipping market.

I will be very pleased to consider any other job proposal including to move

to US in order to work for Shipowners or Dry Cargo Chartering Ship

Brokers or Charterers.

Contact: Mr.Ognyan Denchev Kostadinov,MICS

Cell: +359 877 533503, E-Mail: 533503@gmail.com (S11-06)

HELP 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: Trainee brokerOdin Marine Group LLC an international ship brokerage firm is currently

seeking a trainee broker for our office in Stamford, Connecticut. The suc-

cessful candidate will be highly motivated, have good personal skills, and

excel in problem solving. The position will initially require candidates to

understudy senior brokers in order to become competent in the genera-

tion of vessel position lists, reports and voyage calculations.

Requirements

Proficiency in the use of MS Excel, Outlook, and Word will be required.

benefits:We offer a competitive remuneration package inclusive of 401 k, Health

and Dental Plans in an environment that benefits personal and profes-

sional development.

U.S. Citizenship or Green Card a pre-requisite.

Apply in confidence to: hr@odinmar.com

All replies via email only please (HW05-12)

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

Position b: Operations Manager Nordic Tankers (USA) Inc. is offering a position for a knowledgeable and

experienced person to handle vessel operations in our Stamford,

Connecticut office. This position involves the day to day operating of 4-6

chemical tankers.

background: Nordic Tankers (USA) Inc., is a division of the NordicTankers A/S, and is located in Stamford, CT. The Stamford office operates

a fleet of approximately 30 chemical tankers ranging from 8-20,000 MT

deadweight.

Nordic Tankers is a Danish shipping company listed on the OMX Nordic

Exchange and headquartered in Copenhagen. Nordic Tankers owns,

wholly or in part, 15 tankers and operates about 80 chemical tankers. The

chemical tankers are in the range of 3,500-25,000 dwt.

As Operations Manager your main tasks will be:

• Communicate with Masters, head owners, charterer's, port agents etc.

• Propose and follow up on stowage to/with the Master

• Minimize voyage operating costs against voyage estimates to maximize

profit

• Ensure vessel operations are in compliance with all charter party terms

as well as local and international regulations.

• Order and co-ordinate bunker deliveries to the vessels in a cost effec-

tive manner

• Appoint agents and approve port disbursements through DA Desk

• Create and distribute freight invoices and monitor payments.

• Review and approve bills of lading.

• Calculate preliminary demurrage.

• Check and approve 3rd party invoices

Reporting: You will report to the Senior Operations Manager

Key Qualifications:• Maritime College Degree

• USCG Third Officer license or higher

• Minimum three years sailing and/or office experience on chemical or Oil

tankers

• Experience working in a team environment

• Good knowledge of tanker charter parties and applicable maritime laws.

• Strong communication, analytical and computer (Excel) skills required.

• Good at multitasking

• Must be a U.S. citizen or hold a Green card.

What we offer An inspiring environment with a strong culture and good opportunities for

professional and personal development. In addition, we offer a highly

attractive remuneration package, 401K plan with generous employer con-

tributions and excellent health and dental plans.

Contact: Bjorn Landoy or Rich Varnot

Company: Nordic Tankers (USA) Inc.

E-Mail: bpl@nordictankers.com, rjv@nordictankers.com

Website: www.nordictankers.com

Notes: For more information, interested candidates should contact us.

(HW04-12)

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

Position C: Port CaptainLiberty Maritime Corporation is a New York-based commercial shipping

company which operates U.S. and foreign flag vessels. Since its inception

in 1988, the American and international maritime community has looked

to Liberty for its unrelenting commitment to quality, innovation and reliable

service.

DEPARTMENT: Liberty Global Logistics (LGL)

REPORTS TO: Director of Vessel Planning

Position Summary: The Port Captain is responsible for the overall cargo handling, including

planning and stowing of cargo as efficiently as possible. This includes

oversight of equipment, relationships and the cargo process to maximize

cargo opportunities for LGL. The position also provides technical assis-

tance with cargo and related activities.

17

mum fleet performance. Scheduled vessel visits per company proce-

dures/calendar (visits may also include riding vessels). Assist Chief

Superintendent with both scheduled/unscheduled yard periods as needed.

Qualifications:• Maritime engineering degree or equivalent (minimum 2AE/motor).

• Sailing experience a plus.

• Computer proficiency required specifically demonstrating ability to work

with planned maintenance systems (e.g. AMOS2).

• Able to work in a team environment whose sole goal to ensure vessels

optimum performance.

Office location: Stamford, CT

Full employer paid medical benefits.

Company matching 401k plan

Compensation BOE

E-Mail: Pres.admanthos@gmail.com

Notes: Please respond with your resume by email (HW04-12)

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

Position E: Port CaptainLocation: Houston or US Gulf region, but Houston area is preferred

Travel required: yes

Salary: negotiable

Start date: as soon as available

Requirements: Prefer individuals with Chief Mate / Master license with

strong background in bulk cargo handling / stowage. Breakbulk / project

cargo experience also preferred but not required.

Job description: Attend Oldendorff owned and or chartered in vessels to

maximize cargo intake and ensure smooth despatch during time in port.

Develop and maintain good working relationships with local agents, steve-

dores, service providers, etc. Additional duties include coordinating hold

cleaning, attending hold inspections, reports to operations / chartering,

port restriction / information gathering for operations / chartering, etc.

Company information can be found at www.oldendorff.com

Contact: Jennifer Bechtel

Company: Oldendorff

Telephone: +12035704772

E-Mail: jennifer.bechtel@oldendorff.com

Website: www.oldendorff.com

Notes: If interested please contact (HW04-12)

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

Position F: Commercial Operations ManagerMed Brokerage & Management Corp is a commercial manager for ship

owning company presently has opening in following position: Commercial

Operations Manager. Full time position in Glen Cove, Long Island, NY.

Responsibilities:

Company is looking for a candidate with extensive and practical knowl-

edge ofall aspects of commercial management of the owned and char-

tered dry bulkships. Thorough knowledge and experience is required in

time charter,voyage, agency, port and bunkering operations.

Requirements

Candidate must have at least 3 years shore experience in operations in

dry bulk ship owning or shipoperating company. Seagoing experience is a

plus.

Please send CV and salary requirements to hr@medbrokerage-ny.com

CV will be treated in strict confidence. (HW05-12)

Duties and Responsibilities: • Oversee all aspects of safe, efficient, and damage free cargo handling.

• Coordinate Stevedores and manage port relationships, while providing

assistance with price negotiations.

• Forecast vessel requirements based on cargo bookings.

• Plan booked cargo, coordinate with vessel schedules.

• Monitor & maintain vessel capacity and capabilities.

• Plan and stow cargo, while always looking to maximize and improve

cargo efficiency.

• Analyze technical aspects of cargo opportunities.

• Oversee general port operations:

o receipt of cargo

o terminal handling

o coordination with customer, agent, terminal, stevedore

o port storage of cargo

• Assist with manifesting and LOB.

• Manage handling equipment (mafi's / forklifts / tug/cargo gear/lash-

ings/containers).

• Provide a timely response to inquiries and technical analysis and capa-

bilities/requirements.

• Assist with vessel/voyage planning and scheduling; including devia-

tions/delays (and assist with inquiry/offer response).

• Track and report cargo damage and provide claims assistance.

• Manage HAZMAT stowage and documentation.

• Provide crew training.

• Coordinate pre load cargo surveys and cargo measurement and on-hire

and off-hire surveys of containers and container equipment.

• Review and determine a response to various vessel security require-

ments/issues.

• Travel to attend to vessels is between 7-15 days per month, including

occasional overseas travel.

• Perform other duties as assigned.

Education, Training & Experience

The ideal candidate will be skilled with all types of cargo stowage, cargo

stowage principles, and cargo handling gear on all vessels including roll

on-roll off vessels, general cargo ships, and bulk carriers. A 4 year degree

is required, preferably from a Maritime Academy. Experience in planning,

loading, and the securing of ammunition and rolling stock for ocean trans-

port in compliance with IMDG/CFR regulations is essential. Also required:

• 3-5 years experience in a similar role or 10 years maritime sailing expe-

rience

• RORO/BB

• Terminal Ops and stevedoring

• HAZMAT Cert

• TWIC

Security clearance and experience with computerized stow plans and

unique handling/stowage options is preferred.

Company: Liberty Maritime Corporation

E-Mail: careers@libertymar.com

Notes: To apply, please email your resume. (HW04-12)

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

Position D: Technical Assistant/SuperintendentTechnical position open in Connecticut office of commercial managers

operating a fleet of modern product tankers (trading globally in the spot

market). Assist Chief Superintendent as needed with day-to-day activities.

Included but, not limited to daily fleet monitoring of vessels ensuring opti-

18

Position G: Post Fixture Executive

The Houston Post Fixture Group handles about 90 voyages per month.

This volume is shared amongst three Post Fixture Analysts. (30% voyages

and 70% lightering). The Houston Post Fixture Group generates about 30

demurrage claims per month and 30 other types of claims per month.

About 120 Port Disbursement Accounts are approved by the Post Fixture

Group.

Position Summary

• Department: Commercial Operations

• Location: Singapore, London, Houston

• Performs efficient processing and invoicing of demurrage and rebilling

of charterer’s expenses in line with governing Charter Party terms

• Ensures collection of all receivables within targeted time frame to

improve AET cash flow

• Verifies and processes port disbursements accounts, through DA desk,

vendor invoices and broker commissions

Responsibilities:

1. Produce monthly Vessel Performance Reports from IMOS (US only)

2. Accurate demurrage/countering and invoicing in accordance with

harter Party terms maximizing AET’s position (US & London)

3. TCO, TCI hire calculations and billing (US only)

4. Maintain accurate aging list for all vessels traded in the region/sector

and comprehensive description on actions being taken in pursuing the

debtor’s list

5. Ensure all cost expended on behalf of charterers are recovered fully

within specified time frame to avoid AET covering inappropriate

expenses

6. Maintain good customer relations with charterers, brokers,

agents,legal department and ship staff to facilitate timely settlement of

account receivables

7. Efficient verification and processing of broker commissions to

maintain good standing with service providers (US, Singapore

& London)

8. Efficient verification and processing of port disbursement accounts

and vendor invoices to maintain good standing with vendors and

service providers (US & London)

9. Advise Masters of C/P requirements and port information that would

positively affect demurrage calculation and help minimize port

expenses (US & London)

10. Maintain all billing records within AET operations systems

11. Maintain updated C/P interpretation records for future reference.

Scrutinize the CP and escalate to higher management on possibilities

of non-compliances and misunderstanding of legal / insurance terms

and relevant clauses with respect to the voyage undertaken that could

result in disputes and claims leading to unnecessary costs and/or

unfavourable reputation in the industry.

Requirements

• Education: College degree or equivalent work experience/ A level .

Ideal: Maritime degree

• Qualifications: Marine Industry Experience.

Ideal: Deck Officers License

• Experience Required: 2 years experience in the Maritime Industry

Ideal: 2 years as post fixture or demurrage analyst

• Knowledge: General knowledge of Ocean Charter Party terms. General

knowledge of tanker operations.

Ideal: Shellvoy, ExxonMobilvoy, ABSAtankvoy charter party terms.

Knowledge of tanker operations and tanker design.

• Skills: MS Office (intermediate level)

Negotiating

Time Management

Ability to communicate effectively both written and verbal.

Ideal: In addition to minimums, knowledge or Oracle or other financial

accounting systems.

Personal Attributes: Attention to detail

Reliability

Willingness to go beyond what is required

Customer focused

Resilient

Quick learner

Replies in confidence to: asublet@aet-tankers.com (HW05-12)

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

Position H: Operations ManagerOldendorff Carriers USA, Inc is looking for to fill an Operations Manager

position in our Stamford, CT office to handle day to day operations of our

owned and time chartered vessels.

Responsibilities:

• Operating our owned and time chartered drybulk vessels

• Optimize voyage results in close cooperation with the chartering

department

• Voyage planning including bunker and cargo intake calculations

• Issuing voyage instructions to the masters

• Agency appointments

• Check / approval of Bills of Lading

• Ensure compliance with charter party terms

• Person in charge for all operational and post fixture matters for the

respective vessel

• Contact person for key clients

• Occasional domestic and international travel

Requirements

• Minimum 2 years work experience in the maritime industry, preferably in

the drybulk sector

• Familiar with standard industry contracts such as time - and voyage

charter parties, common B/L forms

• Aptitude to negotiate

• Driven and open to new challenges

• Enjoy working in a team environment

Location: Connecticut-Stamford

Category: Marine - Operations

Salary: Negotiable

Contact Information

Contact Name: Lutz Lange

Oldendorff Carriers USA Inc.

1 Landmark Square, 17th Floor, Stamford, CT 06901

Phone: 203 487 7313

Fax: 203 487 7310

Email: lutz.lange@oldendorff.com

Web Site: www.oldendorff.com

To Apply: Please send your resume and cover letter to

lutz.lange@oldendorff.com (HW05-12)

19

Position J: Demurrage AnalystStolt-Tankers, a major division of Stolt-Nielsen Ltd., a diversified global

business providing integrated transportation solutions for bulk liquid spe-

cialty products, is currently seeking a DEMURRAGE ANALYST in our

Norwalk, CT office.

Responsibilities:

• Evaluate and establish, for each cargo and every assigned voyage

whether demurrage incurred as per charter party or contract of

affreightment (COA) terms and corresponding port documents,

relevant technical documentation and legal precedents.

• Document and present to charterers an invoice for each incurred

demurrage situation as determined. Record laytime used at all load

and discharge ports for each cargo fixture into the IMOS system.

• Maintain post invoice follow-up. Respond to charterer’s contentions and

actively pursue a timely settlement.

Requirements

• Prior demurrage experience preferred

• College degree or equivalent experience

• Degree in Marine Transportation and tanker industry experience are

pluses

• Leadership skills as demonstrated in academic or social involvements

(e.g., sports, clubs, community)

• Positive, professional demeanor; ability to thrive in a team environment

• Computer proficiency; ability to learn and apply required software

programs

Competitive salary and health benefits including 401(k), pension plan, life

insurance.

Visit our website at www.stoltnielsen.com for more information. Submit

resume and cover letter to s.adams@stolt.com, indicating “Demurrage

Analyst – Norwalk” in the subject line.

Only qualified applicants will be contacted. We are an equal opportunity

employer. M/F/D/V are encouraged to apply. (HW05-12)

Position I: Ethanol Tanker Trader LDCommodities, a privately held firm involved primarily in the internation-al trading and merchandising of agricultural commodities, is looking for anEthanol Tanker Trader to join our Ethanol desk in our North Americanheadquarters in Wilton, Connecticut. In this role, you will be responsiblefor freight pricing and chartering of ethanol for the US Ethanol Group. Inaddition, this position will assist the Geneva tanker group (veg oils,biodiesel, and liquid fertilizers) with in-house cargoes, and all third partycargoes that freight trading may require.Responsibilities:• Monitors the freight market and physical ships availability• Prices “in house” business in order to stimulate volume growth and enhance third party freight sale

• Charters vessels assuming the responsibility for the negotiated terms. Confirms the business and/or checks confirmations received from brokers and/or third parties

• Communicates freight market views and market fixings in coordination with the commercial and research teams to clarify lineups and prospects

• Gathers and reports on the liquid freight exposure • Assists in developing business plans surrounding the tanker chartering activities

• Monitors chartering strategies, tanker operations, and post fixture issues

• Liaises with other global offices in the company's network Requirements• Bachelor’s degree in Economics, Business Administration or other business discipline

• 2-5 years’ experience in product tanker chartering with experience preferably in the chemicals, ethanol, and, or vegoil sectors

• Ability to originate 3rd party business in addition to the company's own requirements.

• Ability to fix company business on both a time charter and voyage charter basis

• Ability to follow the actual execution and settlement with owners• Solid commercial mindset including the ability to price full and part cargos as well as parcels

• Extensive knowledge of freight markets.• Fair and straight forward thinker able to take evaluated risks in order to promote physical business.

• Knowledge of economic principles, accounting practices and financial markets.

• Knowledge of raw materials, production processes, costs and techniques, all of which enable understanding of and insight into distribution of goods for maximum effectiveness.

• Solid understanding of technical and legal terminology used in the shipping business.

• Proficiency with MS Excel.• Fluency in English• Experience effectively communicating with colleagues and business associates both verbally and in writing

• Experience performing advanced mathematical calculations, including statistical calculations and analysis

• Experience using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems

• Proficiency with Softmar preferredInterested candidates can apply directly on our website:http://hostedjobs.openhire.com/epostings/submit.cfm?fuseaction=app.jobinfo&jobid=301873&company_id=15601&version=1&source=ONLINE&JobOwner=1005314&startflag=1Note: Placement agencies are not authorized to list LDCommodities’salary ranges in Web postings or print ads when our company name isidentified or when the position is readily identifiable as a LDCommoditiesposition. (HW05-12)

Wanted: Host CompaniesStudents are looking forinternships. If interested inreviewing RESUMES. Pleasecontact Margaret Faucher(mfaucher@cma-edu.org)