Shipowners' P&I Club Sponsors Thames Sailing Barge Match
The Shipowners’ P&I Club is sponsoring the Mark Boyle Memorial Thames Sailing Barge Match which takes place on July 13, 2013 in this its 150th anniversary year. The event is held this year in memory of Captain Mark Boyle, who revived the event in 1995 and organized it each year until his untimely death last year aged 55. The Match was the brainchild of Henry Dodd a wealthy London businessman from humble origins who built his business on waste transportation by sailing-barge from London to refuse works along the river supplying ash for the brick-making industry. He was a good friend of Charles Dickens, who used him as the model for Mr. Boffin, the refuse magnate of the novel, Our Mutual Friend.
Everard to address China WTO Shipping Summit
BIMCO's President, Michael Everard, has been invited to chair the opening session of the China World Trade Organization (WTO) Shipping Summit, which will be held in Shanghai, China, from 18 to 19 April 2002. After making the opening remarks on the first day, Mr. Everard will introduce the panel, which includes: Mr. Administration Department, Ministry of Communications (MOC); Mr. Cooperation (MOFTEC); Captain Wei Jiafu, President of China Ocean Shipping (Group) Company (COSCO) and member of the BIMCO Executive Committee; Mr. Dirk Fry, President of the International Ship Managers As-sociation (ISMA); Mr. Todd Pigeon, Vice President of Maersk Data USA Inc.; Mr. Flemming R. Jacobs, Group President and CEO of Neptune Orient Lines Ltd. (NOL); Mr. Sooho Cho, Vice Chairman of Hanjin Shipping Co.
BIMCO Officers Meet in Limassol
More than 80 BIMCO officials from 21 countries met in Limassol for the BIMCO Spring Meetings from 22-24 May 2002. The officers constitute the Board of Directors, the BIMCO Executive Committee and the Documentary Committee. One of the most important topics covered during the meetings was a detailed discussion of maritime security. “The security issues which have emerged within the last six months in many cases involve the maritime sector. Keep in mind that BIMCO has for many years been actively involved in maritime safety. Over the years, we have therefore developed a close cooperation with a wide range of customs services worldwide and not least the US Coast Guard. Today, those contacts are of tremendous benefit to our members.
BIMCO to Meet With Officials in Washington
BIMCO announced that it has arranged for meetings to take place this week with high ranking officials from the U.S. Customs Service, the Immigration and Naturalization Service (INS), the State Department Visa Office, the U.S. Senate Surface Transportation and Merchant Marine Sub-Committee, the U.S. House Coast Guard and Merchant Marine Sub-Committee, the U.S. Coast Guard, the Maritime Administration, and the Department of Transportation. a number of very important security issues currently under consideration in the U.S. which will have a direct impact on shipping and on trading with North America”. Everard continued, “Because BIMCO represents more than 65% of the world’s merchant fleet”…
Profitability Of Bulk Shipping Dependent On Safety
Bulk shipping has been under the international microscope of late, with spectacular structural failures resulting in sudden loss of lives and ships, vexing designers, builders and owners alike as to the solution to structural and operational problems. Last week industry experts discussed another matter near and dear to bulk shipper's hearts, the future profitability of the depressed bulk shipping business. The overriding message: bulk shipping profitability is inextricably linked to safety and environmental controls. Removing poor quality operators through strict enforcement of international regulations could reduce the capacity oversupply that has caused low freight rates in the tanker and bulk shipping sectors, they said at a London Conference organized by the City University.
Calls for Shipping Industry to Focus on Risk Management
Risk management is still not widely practiced in the shipping industry, according to Sanjeev Bhandari of Mumbai-based P&I Club representative, Crowe Boda. Speaking at the Shipping: Changes & Challenges seminar in Chennai, India, on February 22, Bhandari said that not only should companies ensure they have effective risk management tools in place, they must also involve all levels of staff in the risk management process. "Risk management must not remain the concern of top management alone. Staff at all levels should be encouraged to look for areas of vulnerability in both the company and its ships," said Bhandari. management should mean a reduction in costs whether it is the replacement or repair of property, compensation to an injured person or the settlement of liabilities.
