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

Market Commentary —page 3

September Luncheon —page 4

CMA Third Annual 12 Meter Regatta —page 5

Books with Beth —page 6

Attention Operations Personnel —page 6

New EU Regulations Governing Shipping Pools —page 6

Factoids & Stuff —page 7

Towards A Public Policy onSulfur Emissions from Ships’ Exhaust —page 8

Questionable Justice in the High North —page 9

Up Coming Events —page 10

Job Mart —page 11

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

SAVE THE DATES

SEPTEMBER 2007

Thursday, September 20, 2007

CMA Monthly Luncheon

DRY CARGO: the end of the long lunch?Have skyrocketing rates put an end

to a shipping institution?Panelists: Detlef Joerss, LB Chartering; Robert Dillon,John F. Dillon & Co.; Philip Syrrist, Skaarup Shipbrokers;

John Bamford, Simpson Spence & Young

Moderator: Mike Robson, Navios Corporation

Water’s Edge at Giovanni’s II

2748 Post Road, Darien, CT 06820

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

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

Friday, September 28, 2007

Third Annual CMA 12 Meter Regatta

Racing out of Indian Harbor Yacht Club, Greenwich, CT

Spectator Lunch Boat out of Port Fjord, Cos Cob, CT

Post-sailing Reception & Dinner at

Indian Harbor Yacht Club

See page 5 for more information

For reservations for all CMA Events

please call Lorraine at +1.203.406.0106 Ext. 3717

For a full calendar of upcoming CMA Events and

more information, please go to the

Events page at http://www.cmaconnect.com

CONTENTS

Welcome back, physically anyway. The mental return towork may take a bit longer as the weather continues a per-fect run. Climate change may be real, but you wouldn’tknow it if you spent this summer in Connecticut.

Five years ago I attended a meeting of the ConnecticutMaritime Coalition, an organization focused on maritimeissues within the State of Connecticut. There were a rangeof issues and initiatives discussed, one of which was apresentation on the idea of trying to get cruise ships tocome to New London, a commercial port in southeasternConnecticut located at the entrance to Long Island Sound.It seemed like a lot of wishful thinking at the time.

Five years later, thanks to the persistent efforts of theConnecticut Cruise Ship Task Force, the idea became areality. On August 30, 2007, at 7:00 a.m., the RoyalCaribbean passenger ship EXPLORER OF THE SEAS

1

• 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

arrived on a spectacular day in New London, as its first portof call on a nine day cruise to Canada.

It was a much heralded event, and for good reason. At1,020 feet, New London had never seen a ship that big –and New London has seen many ships throughout its longhistory as a thriving commercial and naval seaport, fromwhaling ships to submarines.

By all accounts the visit was well planned and executed.The Coast Guard was in position to establish a securityzone around the ship. There were two Connecticut StatePilots on board who maneuvered the ship in the middle ofthe river and spun it around so that it could back downalmost one mile to the State Pier. It was flawless arrival anda flawless departure twelve hours later. Unfortunately theclosest I got was when I drove over the New London Bridgeand saw the massive ship. At 208 feet tall, I did not have tolook down.

I was pleased to read there were a number of state andlocal dignitaries in attendance to support this maritime proj-ect, most notably Attorney General Richard Blumenthaland Lt. Governor Michael Fedele. The Connecticut CruiseShip Task Force is to be congratulated for bringing the polit-ical and business forces together to get this done.

The Third Annual CMA Twelve Meter Regatta is coming upon September 28. I am hoping Johnny doesn’t have anyideas about the EXPLORER OF THE SEAS.

Best regards,Peter G. Drakos

Single source vendor:Spare Parts + Equipment

for foreign built ships

SCARDANAFAX: (1) - 450 - 671 - 3898TEL: (1) - 450 - 465 - 6556

TOLL FREE FAX:1 - 877 - 228 - 9879

E-mail: service@scardana.comWeb Site:

http://www.scardana.com

FROM THE EDITOR

Welcome to the CMA’s 2007-2008 season and our 23rdyear of operation! If September’s Newsletter is any meas-ure of what is in store for this year, I think you will be verywell informed and quite busy. As for this publication, wemust be doing something right because each month wehear from new people and are able to add more content foryour education and entertainment. I have been asked if theNewsletter is becoming a blog. Not likely, but thanks to you,our members and non-member readers, we are increas-ingly well known and sometimes quoted.

As always, we are very interested in what you think of ourNewsletter and welcome suggestions on how to make itand/or CMA better.

Among the many Coming Events we recommend to yourattention:

September 20, 2007 – Starting at 4 PM - right after theCMA Luncheon featuring the Fabulous Five (see the pieceon the luncheon) will be NYMAR’s “New York Matters:Capital Markets Today and Tomorrow” at the Lincoln CenterCampus of Fordham University School of Law.The panel ofSophocles Zoullas, CEO Eagle Bulk, John Wobensmith,GENCO, and Omar Nokta (Dahlman Rose) will be moder-ated by AMA’s Peter Shaerf.

October 3-5, 2007 – ASBA’a Annual Cargo Conference atthe Doral Golf Resort, Spa and Conference Center, Miami,Florida. This event has become a bigger and better confer-ence every year and 2007 is set to be still better than lastyear. On the tanker side will be Jack Buono of Exxon/Mobil,Jim Barry, BP Shipping USA and Rodolfo Stiglich of CapeTankers. On the dry side will be Jan Eriksson or HCAmericas, Marcel van den Berg, Interamerican Coal andRene van den Ende, Canfornav. There will be a briefing onthe state of technology and markets for belt self-unloadingbulk carriers by James Murphy of CSL Internaitonal and abig picture view of trade barriers by Daniel Griswold of theCato Institute. The luncheon speaker on Oct 4th will be JoeRoyce of TBS International. The morning of the 5th will fea-ture lawyer Bob Clyne of Hill Rivkins; shipping stock ana-lyst Urs Dür of Lazard Capital Markets; freight market ana-lyst Arlie Sterling of Marsoft and LNG specialist DamienDufour of Dufour Energy. A great program. Make yourreservations soon. http://www.asaba.org

3

MARKET COMMENTARY

By Donald B. Frost

Last month I listed a few of the challenges the US CoastGuard faces in our nation’s capitol.Your feed-back was gen-erous and gratifying. It is noteworthy that those readers thatresponded recognized that the nucleus of all of the issuescan be found in decades of under funding by Congress. Noone argued that there are mission conflicts or that theCoast Guard may have sold a bit of its soul to special inter-est groups on Capitol Hill that had the political clout to getthe money to fulfill its missions.This reminded me of some-thing I wrote on Branding Shipping in 2001 that wasinspired by an article in the US Naval Institute Proceedingsearlier that year on how the Coast Guard might brand itselfso as to better sell its funding needs to Congress.

Much to my surprise, days after I wrote the August 07 pieceI was interviewed by the Deputy Editor of Lloyd’s List,Neville Smith, for a story that he was doing on Branding inShipping. I was both flattered and dumb founded that any-one would recall something I had written in 2001. I laterremembered my CMA piece had been also publishedonline by Johnny K’s MaritimeWired.Com and it was therethat Neville found me.

The Lloyd’s List article was published August 7. My com-ments were in contrast to those of Rebekah France, gener-al manager for marketing and human resources atBergesen World-Wide Shipping. She said all the rightthings about branding and marketing, which I must addwere covered in the March 21st PM session of Shipping2007. However, her statement: “Our customers tell us that

October 17 – CMA and Marine Money – “New EURegulations Governing Shipping Pools – StrategicSolutions”. The Yale Club in New York. Luncheon and after-noon seminar on the new rules governing competitivenessamong shipping pools as established by the EuropeanCommission. Top attorneys from London and New Yorkdescribe the regulations, answer questions and discussresponses.

October 18 - Marine Money’s Marine Finance Forum –Americas at The Harvard Club in New York. Check out theprogram at http://www.marinemoney.com

–Donald Frost

4

their choice of carrier depends on much more than avail-ability and price”, does not fit what I have been observing.I accept that branding might work for BW Gas’ LNG andCNG fleet, but I do not see branding working for most bulk-ers and other tankers, either for single voyages or evenlonger term business.

To be fair, Neville did mention that high profile ships thatare less commoditised, like gas carriers, might be treateddifferently. Then he wrote “the flood of bulk carrier owners,listing in New York shows they are gradually learning thelessons.”(i.e.-of branding) which also does not fit what Ihave been observing.

I do not think that publicly traded shipping companies (newor old) can maintain the investor support and interest need-ed to maintain steady and hopefully rising share priceswithout regular and predictable cash flow. The only reliableway to assure that cash flow is to avoid the vicissitudes ofvoyage charters by putting the risk of delays in loading/dis-charging, security delays, canal delays, weather delays atsea, unexpectedly high fuel costs, and surprise increasesin port and canal costs on the charterer via T/C.

Time charter (T/C) effectively makes the charterer (cus-tomer) the carrier and puts distance between the ownerand customer. Needless to say this is not a good way toestablish a brand identity or create customer loyalty. Thatdistance is narrowed under voyage charters and contractsof affreightment. However, not mentioned during my inter-view is the historic aversion that ship owners have hadtoward playing the spot charter market (voyage or T/C) withall of its ups and downs. Of course in the last few years thathas changed. It would seem all, or most, of the fixturesreported these days are for spot ships --- but on T/C. Itseems that period time charters, which can establish somelasting connection with the owner’s customers, has onlystarted to return to the market in recent months.

In an accompanying article, Neville Smith points to the timeand expense the liner carriers have invested in brand namerecognition and customer (shipper) satisfaction. I thinkeverything he wrote was right on but it is not the ships thatthe carriers are branding but the service. That is not thecase in the tramp ship business, and while I allow the “highprofile tanker” segments like gas carriers and conveyor selfunloading bulk carriers do enjoy some brand loyalty, in thegrand scheme of things it is rare.

So does branding a shipping company or operator actuallybring benefits? Yes in some sectors, but if we learned any-

SEPTEMBER LUNCHEON –

THURSDAY, SEPTEMBER 20, 2007

DRY CARGO: the end of the long lunch?Have skyrocketing rates put anend to a shipping institution?

Mike Robson of Navios will mediate a "No HoldsBarred" panel discussion featuring ship brokers from

four of Connecticut's finest Dry Cargo shops.This lunch will prove to be one of the

most informative and entertaining of 2007.

Scheduled to appear with Mike are Detlef Joerss,LB Chartering; Robert Dillon, John F. Dillon & Co.;

John Bamford, Simpson Spence & Young andPhillip Syrrist, Skaarup Shipbrokers.

Don't miss out on this opportunity to gain vital

Dry Cargo market insight! Or at the very least

be thoroughly entertained!

Water's Edge at Giovanni's II

2748 Post Road, Darien, CT 06820

Cash Bar: 12 Noon

Seating for Lunch 12:45 pm

Members: $40 per person

Non-Members: $45 per person

For reservations (strongly recommended) please contact

Lorraine at 1.203.406.0109 Ext 3717

thing last March about the benefits of branding regulartramp shipping it is that no one is able to measure it.

In the August 7th Lloyd’s List story I also had something tosay about transparency of markets and that leads me toremind you of the CMA-Marine Money Seminar onCompetition Law from the European Commission thatimpacts shipping pools to be held at theYale Club the after-noon of October 17th.You can read more on that elsewherein this issue.

5

CMA THIRD ANNUAL 12 METER REGATTAFEATURING EIGHT AMERICA’S CUP CLASSIC 12 METERS

Presented By

SCHEDULE OF EVENTSOn Friday, September 28th, 2007 the Connecticut MaritimeAssociation will hold its third Annual Regatta.The CMA haschartered eight America’s Cup Twelve Meter Yachts for the2007 Regatta. Weatherly built 1958, Columbia built 1958,Easterner built 1958, Nefertiti built 1962, American Eaglebuilt 1964, Intrepid built 1967, Heritage built 1970 andAmerica II built 1984.

Crew spaces on the yachts have been filled, but we areoperating a waiting list if interested. There is still spaceaboard the 117’ luxury spectator yacht “Cayah Michele”,where a smorgasbord lunch and cocktails will be served.The spectator yacht will be departing from Fjord Catering &Charters, 143 River Road, Cos Cob promptly at 12 Noonand will return around 4:00 pm. There is plenty of parkingat “Port Fjord” and nautical dress is encouraged (blue blaz-ers, white slacks, binoculars and nautical hats for the men,hats for the ladies!). Otherwise, smart casual will be fine!Visit http://www.fjordcatering.com for Directions.

Tickets for this event are $110 per person. Please callLorraine at +1.203.406.0109 Ext 3717 to reserve andarrange payment.

Immediately following the racing, the Captains’ Cocktailsand Dinner will commence at the Indian Harbor Yacht Club,710 Steamboat Road, Greenwich, CT. Cocktails will be fol-lowed by a seated dinner and the trophy presentations.Cocktails commence at 5:30 pm. Tickets for this event are$160 per person and again, space is limited and sellingfast, so please call Lorraine to reserve.Tickets for the Captains’ Cocktails only are also available at$60 per person. Dress code is smart casual. Visithttp://www.indianharboryc.com for Directions.

We look forward to seeing you at one or all of the eventsand wish the yacht crews the best of luck. Call today tosecure your space, as these events will all be sold-out!

THANK YOU FOR YOUR SUPPORT!

“This yachting event will have to go down as probably the most memorable event

in shipping at least in my recollection in the USA.You guys keep out-doing your-

selves on each and every event, but I don't know how you can top this.”–Gerard T. Desmond, Louis-Dreyfus Corporation

PRESENTING SPONSOR: The Bahamas Ship RegistryEVENT SPONSORS (to date): American Bureau ofShipping, Armada Group, ASBA Tanker Broker Panel, BlankRome, Booth Financial Associates, Bureau Veritas, CharlesR.Weber Company, Clay Maitland, Clipper Bulk (USA), EagleOcean Transport, Fjord Catering & Charters, GeneralMaritime Corporation, Genco Shipping & Trading,Germanischer Lloyd, Global Capital Finance, Groton PacificCarriers, Heidmar, Intrepid Shipping, Leeds & LeedsCompany, Marine Oil Transportation Consultants, MerlinPetroleum Company, MJLF & Associates, Odin Marine,PetroMar International, Petromed, Seacoast Electronics,Short Sea Shipping Cooperative Program (SCOOP),Simpson, Spence &Young, TORM USA,World Fuel Services

The Yale Club, New York City -October 17, 2007 - Noon to 5 PM

Co-sponsored by the CMAPrice $275.00 (* $233.75 with 15% discount

for CMA members)Buffet luncheon included

On October 18, 2006 the European Union repealed theblock exemption of liner conferences from its anti-trustrules effective October 2008. It also resulted in theEuropean Commission being asked for guidelines withregard to shipping pools and their possible breaching of EUcompetition rules.

On October 17, 2007 at The Yale Club in New York City,accomplished legal counsel will examine the current statusof the European Commission's Guidelines and examinestrategic ways for shipping pools to continue to serve cargoand their shareholder/partner interests within the new reg-ulatory environment.

Pools, conferences, ship-sharing and other forms of inter-competitor cooperation are defining characteristics of theshipping world today. Yet they are the subject of intenseregulatory scrutiny. Pools among tramp shipowners havebecome "worrisome" in the words of the EC. The newguidelines currently under development will provide a use-ful blueprint for ways ahead. The October 17 seminar willprovide a forum for the examination of solutions.

NEW EU REGULATIONSGOVERNING SHIPPING POOLS

6

“Red Sea” author to appear at Stamford book-signing as aprelude to anticipated winter CMA Book Club Dinner event

“RED SEA” by Emily Benedek

THURSDAY, OCTOBER 4TH @ 7 pm

Borders Stamford1041 High Ridge Road

Stamford, CT 06905

As a Journalist reporting on counter-terrorism forNewsweek, Emily Benedek came into contact with a high-level Israeli counter-terrorism expert. Because of his on-going activities, his story can only be told as a novel. Thestory describes events occurring after 911 and addressesthe possible vulnerability of the maritime sector and U.Sports. Several CMA members participated with Emily'sefforts and are acknowledged in the story.

The Author has been described as " The new female voiceof suspense novels of the highest order" and has writtenthree prior books, with a slight maritime flavor. Emily isexcited to meet members of the CMA after working withsome of us while developing the story. For more informa-tion on “Red Sea” visit: http://www.emilybenedek.com

BOOKS WITH BETH

We have the opportunity to send one or two members torepresent CMA at the National Association of MaritimeOrganizations’ (NAMO) Fall meeting which, this year, willbe held at the U.S. Merchant Marine Academy (KingsPoint, NY) on October 17 (all day 0830-1700) and October18 (0830-1500). The evening of the 17th will feature a fourhour dinner cruise on the academy’s vessel MARINERdown the Sound, through Hell’s Gate, down the East River,around the Statue of Liberty. You can read more aboutNAMO at http://www.namo.org.

This will be a very good opportunity to meet and mix withrepresentatives from ports all over the US, and oftenCanada, as well as a chance to listen to and question sen-ior representatives from the agencies that make and imple-

ATTENTION OPERATIONSPERSONNEL

ment the regulations for ships calling U.S. ports. Briefingswill be given on the latest regulations for TWIC, ENOA/D,APIS, US port security and a litany of other programs. Thisis an opportunity to let those who are making the regula-tions know how they impact your ships, cargoes and crews.

Fees and travel expenses will be paid for or reimbursed byCMA. The persons picked should have several years oper-ating experience with ships calling at U.S. ports (any typeof ships) for a ship owner or time charter operator. A shortwritten report for the membership to be published in theNewsletter would be a plus but not imperative.

Interested parties should contact Don Frost (203-406-0106ext 3718 or email: dbfrost@optonline.net) to express theirinterest, and apply as soon as possible.

7

By Donald Frost

• Last month the Governmental Accountability Office

(GAO) issued a report on Intermodal Transportation

which is the parent of what we know as Short Sea

Shipping, Americas Marine Highways or some other col-

orful phrase meant to dazzle Congress.

The 45 page report concludes that “DOT Could Take

Further Actions to Address Intermodal Barriers”. Sorry, but

it took how much money and time to come to that conclu-

sion? I think the word is “Duh!”

I love this. The three key barriers inhibiting intermodal

transportation, according to federal, state and local officials

are: (1) limited federal funding targeted at narrowly defined

projects as required by statutory requirements; (2) limited

collaboration among the many entities and jurisdictions

involved; (3) limited ability to evaluate the benefits of such

projects.

All good points and the report gives lots of very good exam-

ples, but I fear that without really aggressive leadership

almost anywhere in government these days, this report will

gather dust just as so many others before. Personally I see

the State of CT’s transportation infrastructure as a poster

for the lessons cited in the report. The report is down load-

able from http://www.gao.gov/cgi-bin/getrpt?GAO-07-718.

FACTOIDS & STUFF

Don Frost CMA Newsletter editor wrote in the July 2007issue "that certain tramp shipping pools will come underscrutiny by the European Commission and might be forcedto change their structure, go out of business or face fines."

The European Commission’s Guidelines are to be pub-lished September 13th. Co-sponsored with Marine Money,we will examine the current state of play and present pos-sible solutions from the experts.

Please contact Lorraine Parsons at +1.203.406.0109Ext 3717 for additional information and to register.Space is limited so please call early or email:conferences@cmaconnect.com.

• Some interesting figures from the US Coast Guard. In

2006 a total of 8,178 individual vessels from 79 different

flag states made 78,668 port calls in the US. The Coast

Guard conducted 10,136 SOLAS safety exams and 9,053

ISPS examinations on these vessels. The number of

ships detained in 2006 for safety-related deficiencies fell

from 127 to 110. Ships detained for security-related defi-

ciencies dropped from 51 to 35.

• Captain Robert F. Bennett, USCG (ret) wrote a very com-

pelling article about maritime security in the August USNI

Proceedings on port security. “Close the GAPS” outlines

very real threats that no one else is watching. We will try

to give you a review of this article next month. However, I

guess what first grabbed my attention was a simple state-

ment. “Treat merchant ships as allies.… The protection of

merchant ships in our ports is every bit as important as

the protection of their cargoes. Unfortunately, the

approach taken by our Maritime Homeland Security

(MHS) authorities appears to protect the ports FROM the

merchant marine.”

• On July 5th the 45,000 ton bulker MARLIN discharged

South American low-sulphur coal at a power plant in

Chesapeake, Virginia and upon completion shifted to

Newport News to load US coal for export. This is said to

be the first ship that carried imported coal and exported

coal from the same port (area).

• Global climate change has been in the news a lot. Here

are statistics from Marquette, Michigan. Lake Superior’s

level is at its lowest point in eight decades. The average

water temperature has surged upward by 4.5 degrees

since 1979. Recent changes in the rate of melting artic

ice are even more dramatic.

• MARAD added port development to its services. They

recently helped the Port of Anchorage in securing funds

for expansion, eased the regulatory burden of getting per-

mits and environmental studies and probably reduced the

time frame for the project from 7-10 years down to 4

years. This could be the only time the old cliché ---“I’m

from the government and I’m here to help” actually

applied.

• Ballast Water Management has been a topic of great

interest all over the world for decades. While Congress

and the Coast Guard continue working on a national pol-

8

TOWARDS A PUBLIC POLICY ONSULFUR EMISSIONS FROM

SHIPSʼ EXHAUST

By Roy Nersesian

The following is an excerpt from an in-depth paper on this

topic prepared for Columbia University’s Center for Energy,

Marine Transportation and Public Policy. The entire paper

can be found at http://www.cemtpp.org.

Marine residual fuels (bunkers) used for propulsion of large

vessels have high sulfur content. This paper is intended to

set the stage for a more intensive investigation into the cost

benefit relationship of various approaches to this problem.

The end-result should lead to an effective and acceptable

public policy.

How does sulfur get into marine residual fuels?The refining process extracts the light ends of a barrel of

crude oil, which is sold as high-value white products. What

is left in the bottom of the distillation or fractionating tower

after the extraction of high-value light ends is low-value

black products known as straight run residuals or resids.

The technical challenge is that sulfur entrapped in the long

hydrocarbon molecular chains making up heavy fuel oils

cannot be easily removed.

Scope of the ProblemSulfur emissions from ships’ exhaust (SOx) are estimated

to be about 10 million tons per year, or about 15% of glob-

TOWARDS A PUBLIC POLICY

icy on invasive species and ballast water management,

states like California, Washington and others have been

pushing. The Great Lakes state of Michigan recently won

a federal court ruling that upheld its controversial ballast

water treatment law as constitutional. In the meanwhile

the IMO has competing standards in place but not yet rat-

ified by all member states. Are the owners dragging their

feet, as they have been accused of, because of the cost

of the ballast water management equipment, or because

the equipment can’t process water fast enough to keep

the ships safe while loading/discharging, or is it the com-

peting standards that manufacturers have to contend

with?

al sulfur emissions. In Europe, environmental regulations

have significantly reduced land-based sources of SOx and

NOx emissions. (Nitrogen oxides (NOx) emissions, anoth-

er product of the combustion process, can be converted to

nitric acid in the atmosphere returning to earth in acid rain.)

With a sharp drop in land-based SOx and NOx emissions,

shipping is now estimated to be responsible for about one-

third of such emissions and by around 2020 shipping will

contribute more to SOx and NOx emissions than land-

based sources in coastal regions.

By 2020, shipping is estimated to contribute between 25 to

30% of NOx and airborne particulate matter (PM) in Miami

(FL), Wilmington (NC), and Seattle (WA). The concern

today in California is that ships are responsible for 92% of

SOx, 23% of NOx, and 43% of particulate matter (PM)

associated with the movement of goods (excluding indus-

trial and utility sources).

Annex VIThe Marine Environment Protection Committee (MEPC) of

the International Maritime Organization (IMO) took up the

challenge in 1988 culminating in 1997 by the adoption of

Annex VI to the MARPOL (Marine Pollution) 73/78

Convention.

Effective May 19, 2005, the Annex set limits on sulfur oxide

emissions from ship exhausts with a global cap of 4.5%

sulfur content in bunkers and with the IMO responsible for

monitoring the worldwide average sulfur content. The

Annex also calls for the establishment of SOx Emission

Control Areas (SECAs) where bunkers consumed by ships

cannot exceed 1.5% sulfur. The IMO is considering various

options with regard to further reduction of sulfur limits in

bunker fuels, for example, in SECAs to 1.0% and 0.5% at

2010 and 2015 respectively. Another option under consid-

eration calls for a global cap on sulfur limits; in effect, a

global SECA.

Port of Long Beach Initiative•Vessels arriving and departing the port must proceed atno more than 12 knots for a distance of 20 miles from the

breakwater. A speed reduction cuts the total amount of

bunkers consumed and its associated pollution.

•While moored, vessels must “cold-iron” or shutdown theirpower plants and rely on shoreside electricity or use low

sulfur diesel to run their electricity generators depending

on their berth location.

9

QUESTIONABLE JUSTICEIN THE HIGH NORTH

By Dennis Bryant and Jim Lawrence

On November 28, 2004, the bulker SELENDANG AYU

departed Seattle en route Xiamen, China, loaded with a

cargo of 66,000 tons of soy beans and carrying 340,000

gallons of fuel oil as bunkers. Eight days later, while the

ship was transiting the Bering Sea in heavy weather, the

number three cylinder in the main engine suffered a

cracked liner. On advice of the engineering staff at com-

pany headquarters in Malaysia, the chief engineer secured

the main engine and isolated the damaged cylinder. The

engine was capable of operating with one cylinder off-line.

The irony is that the Port of Long Branch, except for a few

berths, does not have sufficient shore power capacity to

allow ships to cold-iron (shut down their engine plants).The

cost to install sufficient shore power capacity at one termi-

nal is reported to be approaching $17 million.

Intertanko InitiativeIntertanko has proposed an amendment to MARPOL

Annex VI that calls for the exclusive use of distillate fuels (a

white product) as a substitute for bunkers (a black product).

The maximum sulfur content would be 1% starting in 2010

to be reduced to 0.5% for engines installed on and after

2015. This amendment, in effect, sets up a Global Sulfur

Emission Control Area.

The pros and cons of their proposal, its impact on the refin-

ers, and suggested alternatives are discussed in the full

paper. You can also read about another plan of attack to

remove sulfur not at the refinery, but at the ship. There is

also discussion of a cap and trade scheme for ship emis-

sions.

There is a lot more to this issue than we can present here.

Check out http://www.cemtpp.org and look for Roy’s paper

there in the Research area. Besides Mr. Nersesian’s sub-

stantial education credentials, he worked for years at Anglo

Nordic Shipping Company which morphed in P & O Bulk

Shipping, and later in the research department of Poten &

Partners, tanker brokers.

Unfortunately the main engine could not be restarted in the

extremely adverse sea conditions. The US Coast Guard

was alerted, albeit two hours after the engine was shut

down. A Coast Guard cutter and two small commercial

tugs were dispatched to the scene. These were the only

available response assets in the Bering Sea area. A tow

was attempted, but the towline broke as a result of the high

sea state and the large size (738 feet in length and 39,755

gross tons) of the SELENDANG AYU.

On December 8, the ship grounded on the north coast of

Unalaska Island in the Aleutian Chain. As the crew mem-

bers were being evacuated, a rogue wave struck the USCG

helicopter, which crashed into the sea. Six SELENDANG

AYU crewmembers died. Shortly thereafter, the ship broke

in two, spilling most of its oil and much of its cargo.

Numerous crested auklets wintering offshore were killed as

a result of the oil spill.

The National Transportation Safety Board (NTSB) immedi-

ately convened a marine casualty investigation. When

interviewed, the master of the SELENDANG AYU stated

that engine broke down immediately prior to his notifying

the Coast Guard. He also asked several crewmembers to

say the same. When the company found out, later that day,

it had the master go back to the NTSB and correct his

statement. The Coast Guard stated that the two-hour delay

in notification was not a factor in the grounding of the ship.

The NTSB was of the opinion that the incorrect earlier

statement did not seriously impede the investigation, but

notified the United States Attorney of the master’s actions.

The U.S. Attorney for the District of Alaska, Nelson Cohen,

commenced a criminal investigation. The master pleaded

guilty to making a false statement and was sentenced to

three years probation. The criminal investigation then

focused on the ship operating company. The company fully

cooperated in both the investigation and the cleanup oper-

ation. An Associated Press story of August 22 by Dan

Joling quoted US Attorney Cohen as praising the company

for “making available witnesses and experts who otherwise

would have been beyond subpoena power.” By the time the

cleanup was declared complete in June 2006, the compa-

ny had spent approximately $100 million.

Company records and crew testimony show that, prior to

the ship’s departure from Seattle, the crew had conducted

10

UP COMING EVENTS

SAVE THE DATES

SEPTEMBER 2007

Thursday, September 20, 2007

CMA Monthly Luncheon

DRY CARGO: the end of the long lunch?Have skyrocketing rates put an end

to a shipping institution?Panelists: Detlef Joerss, LB Chartering; Robert Dillon,John F. Dillon & Co.; Philip Syrrist, Skaarup Shipbrokers;

John Bamford, Simpson Spence & Young

Moderator: Mike Robson, Navios Corporation

Water’s Edge at Giovanni’s II

2748 Post Road, Darien, CT 06820

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

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

Friday, September 28, 2007

Third Annual CMA 12 Meter Regatta

Racing out of Indian Harbor Yacht Club, Greenwich, CT

Spectator Lunch Boat out of Port Fjord, Cos Cob, CT

Post-sailing Reception & Dinner at

Indian Harbor Yacht Club

See page 5 for more information

OCTOBER 2007

Wednesday, October 17, 2007

Half Day Seminar - New EU Regulations

Governing Shipping Pools

The Yale Club, New York City - Noon to 5 PM

Buffet luncheon included – See page 6 for more information

For reservations for all CMA Events

please call Lorraine at +1.203.406.0106 Ext. 3717

a detailed maintenance check and thorough inspection of

the main engine pistons and cylinders and that there were

no known problems with the main engine. At the time of the

break-down, there was no overdue maintenance as all rec-

ommended maintenance and inspections had been carried

out according to the schedule set forth in the manufactur-

er’s recommendations. The ship had a full complement of

spare parts when it left Seattle. The U.S. Attorney con-

tended that its evidence would show that the crack in the

cylinder that precipitated the engine shutdown and subse-

quent inability to restart the engine was caused by improp-

er maintenance and inappropriate operation of the engine

exacerbated by the forecasted heavy weather. On the

other hand, the investigation conducted by the NTSB made

no finding that the engine breakdown might have been the

result of improper maintenance or inappropriate operation

of the engine. The U.S. Attorney also contended that the

company might be vicariously liable for the false statement

of the master.

The ship operating company was ultimately charged with

two counts of violating the Refuse Act of 1899 and one

count of violating the Migratory Bird Treaty Act. These are

strict liability crimes, meaning that the Government is not

required to show intent or even negligence. The mere fact

that oil and soy beans from the company’s ship spilled into

the water and that some migratory birds died is sufficient

for a conviction. The stated punishment for these crimes is

a total of $65,000, but through application of the Alternative

Fines Act, the U.S. Attorney insisted on a penalty of $10

million and three years probation. The company reluctant-

ly agreed and entered a guilty plea.

In the opinion of the authors, this matter resulted in a crim-

inal conviction largely due to the failure of the U.S Attorney

for the District of Alaska to exercise his prosecutorial dis-

cretion. Instead, a company with a good reputation, that

tried to do the right thing, and that fully cooperated in the

response effort and the investigation has been convicted

for violating no-fault criminal statutes that were enacted in

earlier eras to address different issues.

11

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

JO B MA R THELP 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.

12

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

13

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: Marine Technical RepresentativeContact: John O’ConnorCompany: International Marine ConsultantsAddress: The Devon Energy Center1200 Smith Street, Suite 1600, Houston, TX 77062

E-mail: employment@IMCmarine.comWebsite: www.IMCmarine.comNotes: Candidates should e-mail a detailed resume and cover letter

which explains their interest in the advertised position and their career

goals. Candidates meeting the minimum requirements will be contacted

for an interview. Only U.S. Citizens or Green Card holders will be consid-

ered.

Title: Marine Technical RepresentativePosition: Full Time – Salary with Medical, Dental, Prescription and 401kPlan.

Description: The Marine Technical Representative (MTR) position

requires a disciplined, self motivated, problem solving team member with

exceptional verbal and written skills. Reporting to the Manager of Gulf

Coast Operations, the MTR is responsible for attending tank vessels and

monitoring operations to insure compliance with client requirements,

including but not limited to; Pollution Prevention Practices, Safety

Monitoring, Condition Surveys, Vessel Performance Reviews, Petroleum

Loss Control, Cargo Blending and Expediting. For each vessel attended

the MTR is required to generate a comprehensive technical report con-

forming to each client’s specific requirements. Following a pre-defined

training period the MTR will also be responsible for communicating direct-

ly with clients via telephone, e-mail and other forms of electronic commu-

nication.

Minimum Requirements for the Position:1. Merchant Mariner’s License as Master or Chief Officer (Unlimited

Tonnage).

2. Minimum three (3) years experience as licensed officer on tank vessels.

3. Minimum one (1) year experience as senior officer on tank vessels.

4. Valid Driver’s License.

5. Computer / Software proficiency, including but not limited to Outlook,

Word and Excel.

Additional Qualifications:The following will be considered a plus for any candidate applying for the

position –

• Experience as a Marine Surveyor, Loss Control Specialist or Cargo

Claims Investigator.

• Experience with product tankers and / or marine terminal operations.

• ISM Auditor / Lead Auditor Certification.

• SIRE / CDI Vetting Inspector Credentials.

Work Location: Houston based, with work at various US Gulf Coast

Ports. Some limited travel to US East Coast and Foreign Ports.

(HW07-07)

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

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 J: Corporate Reporting Senior (New York, NY)Oversee the Oracle General ledger system and subledgers on a function-

al level, including database administration. Define reporting requirements

and assist in the definition and creation of possible technology solutions

and implement such solutions. Assist with preparation of 10-Qs, 10-Ks,

accounting research, and drafting of white papers. Qualifications:

Bachelor’s degree in Accounting, CPA Preferred. Background experience

in marine transportation preferred. Proficient in Oracle Accounting

Software, database administration and report writing. 3-5 years experi-

ence working in Public Accounting or equivalent. Strong interpersonal,

communication and project management skills.

To apply for this position and/or view additional career opportunities

please visit http://www.osg.com/jobs.asp (HW07-07)

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

Position K: Staff Accountant (New York, NY)Responsibility for the accounting for various vessel and administrative

companies on a monthly basis. Financial analysis (actual vs budget

and/or forecast). Assistance with the preparation of support underlying

Form 10Q/10K. Support for the forecast and budget processes (gather-

ing and inputting of data). Preparation of governmental reports on a quar-

terly and annual basis; some of which require both a balance sheet and

profit/loss items. Qualifications: Bachelor’s degree in Accounting, CPA

Preferred.

To apply for this position and/or view additional career opportunities

please visit http://www.osg.com/jobs.asp (HW07-07)

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

14

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

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.

15

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.

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;

16

• 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)

“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