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 4

Membership Notes —page 5

CMA Membership Directory 2009-2010 —page 5

Announcing the 5th annual CMA Tennis Tournament…..—page 6

Stitching Together the Fabric of theAmerican Maritime Community —page 6

CMA Supports Education —page 7

CMA Youth —page 9

Factoids & Stuff —page 7

CMA Summer Intern – What I did on mysummer vacation —page 9

Scenes From the YSPNY Event —page 10

Job Mart —page 11

VOLUME XVII, NUMBER 8SSP T 2000N E W S L E T T E R JULY 2009

SAVE THE DATES

JULY 2009

Thursday, July 16, 2009

CMA Annual Summer Picnic/Lobster Bake

5:30 pm-9:00 pm

Stamford Yacht Club

97 Ocean Drive West, Stamford, CT

Members: $75/ Non-Members: $125*

*(includes a one year CMA Membership)

Friday, July 24, 2009

5th Annual CMA Tennis Tournament

Play starts at 8:30 am

Venue: Sterling Farms, Stamford, CT

Player package: $125 per person

Lunch only: $60 per person

For more info see page 6

NO CMA EVENTS IN AUGUST

Reservations are required for all events,

please call Lorraine at +1.203.406.0109 Ext 3717 or

email: conferences@cmaconnect.com

CONTENTS

This year July 4th seem to be the delayed, unofficial start to

summer in Connecticut. After a prolonged “soggy season”

more traditional summer weather has finally arrived and

now the summer fun begins…..the pool, the beach, picnics,

summer reading, long walks, cool drinks … or at least I

wish!

Over the July 4th holiday, I did manage to squeeze in a few

days at the beach and some summer reading. I laughed

aloud while reading CMA member, Don Staffin’s book

“Postcards From the Garden of Estrogen: Can living with

five women drive one man crazy?” Don offers humorous

antidotes of experiences with his daughters, (triplets plus

one) and his wife. With that many ladies in the house a

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• CMA INFORMATION •

OFFICERS

PRESIDENT VICE PRESIDENTBeth Wilson-Jordan Molly McCaffertyP: (203) 609-0803 P: (203) 406-3448

Email: F: (203) 965-7850bwilsonjordan@optonline.net Email: mgm@clipper-group.com

SECRETARY TREASURERTom Hodgson Bob Pascarella

P: (203) 326-2830 P: (203) 325-9771F: (203) 363-5346 F: (203) 323-6266

Email: Email: robert@tpacpa.comthodgson@mjlf.com

GOVERNORS & COMMITTEE CHAIRS

MEMBERSHIP PLANNING & ADMINEvan Galanis Ian Workman

P: (203) 356-2000 P: (203) 863-0001F: (203) 356-2010 F: (203) 863-0055Email: evan@galanis.us Email: iworkman@wfscorp.com

SOCIAL COMMUNICATIONJohnny Kulukundis Andrew CarlsonP: (203) 550-1720 P: (203) 326-2800F: (203) 629-9103 F: (203) 326-2894

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

EDUCATION CHANGE OF ADDRESSMargaret Nicks Faith MarrP: (201) 655-9381 P: (860) 354-1182

Email: F: (860) 350-3887mnicks@eagle.org Email:

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

sense of humor is definitely required. How many other CMA

members have published books? Whether the subject mat-

ter is industry-related or not, let us know.

Over the holiday weekend, my husband bumped into Emily

Benedek, author of “The Red Sea”, a previous CMA book

discussion selection. This of course reminded me that CMA

hasn’t held a book discussion dinner with an author in some

time. If you have a suggestion please send it along.

While there are no July or August luncheons, CMA doesn’t

take the summer off, but rather switches gears to offer you

the annual picnic at the Stamford Yacht Club with a lobster

bake on July 16, the tennis tournament July 24 and plenty

of softball. Over the summer we are updating the

Membership Directory so take a moment to ensure we have

your most current information. Our directory will be available

to all members in good standing.

Happy Summer to all!

Best regards,

Beth Wilson-Jordan

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FROM THE EDITOR

The June 18th Education luncheon drew about 70 people,

including a cameo appearance by the Mayor of Stamford,

CT, the Honorable (at last report) Dannel P. Malloy. Our

keynote speaker, Rear Admiral Allen B. Worley USN (ret),

Superintendent of the United States Merchant Marine

Academy brought a good number of KP alumni. His

remarks were very well received by all including those from

the senior US maritime school. I hope we see more of the

Admiral in the future.

Mayor Malloy’s warm welcoming remarks were a big boost

for CT and Stamford and impressed our guests from out-

side CT. His appearance may have been related to his

rumored run for governor, but his remarks fit well with our

education theme.

While the attendance by so many students was undoubt-

edly influenced by the checks we were handing out, I think

the interaction between our members and the students

present was their most valuable “take-away”.

The Monday following our luncheon I met a number of

these students at theYoung Shipping Professionals cocktail

party in New York City. The event marked the first anniver-

sary for YSP and was held on the eve before the Marine

Money Week event (June 23-24-25th ) at NewYork’s Pierre

Hotel. I enjoyed speaking to those who are seeking jobs in

our industry as well as those who are new and who have

not been through a dramatic downturn in the shipping mar-

kets before. Morten Arntzen used a song title to make a

point during the Conference (“Time to Say Goodbye” – his

point was not a farewell). If my comments to those new to

shipping about the future of the shipping business could be

encapsulated in a song title it might be Leroy Anderson’s

“Sleigh Ride” or maybe the Carpenter’s “We’ve Only Just

Begun”.

The Marine Money conference was attended by 972 ship-

ping professionals, not all of whom were out of work

bankers and analysts. It was a serious crowd and I contin-

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MARKET COMMENTARY

“THE FUTURE ARRIVEDYESTERDAY” –A future of the shipping business?

By Donald Frost

About four years ago I started to see what I thought might

be a new paradigm for shipping. The changes that I saw

went well beyond the rapidly rising time charter rates of that

time. Tramp shipping was in the process of going public

and became the darling of Wall Street analysts. Hedge and

private equity funds, investment bankers’ commodity desks

and traditional commodity houses were in process of

changing the market place by introducing “virtual” ship-

pers/charterers and even “virtual” ship owners.

Environmental groups, NGOs, state governments

(Washington, California, Massachusetts) and supra-nation-

al governments like the European Commission started to

become more involved in shipping with historic conse-

quences in the realm of regulatory intervention. My focus

was on the tramp side of the business, but it was clear that

there were ramifications for the liner side as well.

Having endured at least five major down cycles during my

career I readily accepted the premise that over ordering of

new vessels would bring the boom to a close with a bubble

popping whoosh of hot air, just like earlier cycles. I did not

deny that rates would fall off, and expected that the over-

tonnaging would start to show itself in the markets in the

late spring or summer of 2008. However, the changes

seemed to indicate a more fundamental shift in how the

business of shipping was being transacted… and might

continue in the future.

The “financialization” of the shipping business, which

emerged in 2005 or 06, probably started in the DOT Gone

Era when computer people saw opportunities to create on-

line trading of just about everything. Shipping’s historic use

of brokers was a natural place for those who thought that

cutting out the middle men (“disintermediation”) was a nat-

ural step in making all business transactions faster and

more efficient. Shipping did not go that way, maybe

because the ship brokers were already starting to offer

some of the same services that traditional commodity

houses and investment bankers offered to ship owners and

investors. Some traditional ship brokerage functions dis-

appeared but the services they offered were expanded and

jobs were created. Much has been written about why “dis-

intermediation” took a different form in shipping. In some

ways those discussions might inform us of the future of our

very old, but newly discovered business, but those are for

another time.

Spencer Ante reviewed a book in the June 22, 2009 edition

of Business Week entitled “The Future Arrived

Yesterday: The Rise of the Protean Corporation and

What It Means to You” by Michael S. Malone. I have not

read the book, but the reviewer’s notes reminded me of

many of the ideas I have espoused.

I quote from Biz Week:

“The central idea is both simple and powerful: The global

economy has entered a new era, and a mercurial corporate

form Malone calls the Protean Corporation will become the

dominant species by the middle of the next decade.”

Malone writes “These Protean Corporations will behave

like perpetual entrepreneurial startups, continuously

changing their form, direction and even their identity. They

will be true corporate shape shifters.” (I think that there are

already companies that meet this description in shipping

ue to learn more about the financial aspects of shipping in

the 21st Century. My point in mentioning the 21st Century

is that only ten years ago shipping finance used to be

financing ships, freight markets and economic trends that

impact commodities. Now it is all about EBITDA multiples,

capital requirements, leverage and macro-economic trade

trends. Clearly Wall Street is far more forward looking than

shipping in assessing where things will be, but I haven’t fig-

ured out whether those views have anything to do with

ships or trade, or are only focused on how to value the

stock of publicly held ship owners, or to use shipping to

inform how to make money in the commodity markets.

A break-out session on piracy featured James

Christodoulou and other key players who, together with

three insurance experts, expanded on his presentation at

our May luncheon. Everyone who attended found some

nuggets of knowledge to use in the future.

I hope to see you at the picnic.

MEMBERSHIP NOTES

We are pleased to welcome the following new members:

John Alexander, Sr VP, Business Development, J. M. Baxi,Mumbai, India

Brian Burke, Deputy Ops Mgr., TORM USA LLC,Stamford, CT

Philip Carter, Moran Shipping Corp., Stamford, CT

Ron DeSoiza, Partner, Graf Repetti & Co., New York, NY

Donald Devine, VP, SAV Transportation Group, CoonRapids, MN

Nathan Dworak, Eitzen Bulk (USA), Stamford, CT

Samantha Evangelista, Operations Dept., HeidenreichInnovations, Greenwich, CT

Thomas Juul Iversen, GM, TORM USA LLC, Stamford,CT

5

and some closely match my “virtual” shippers, charterers

and ship owners.)

Business Week’s reviewer continues:

Malone presents a strong and timely case that business is

entering a phase of creative destruction where nothing can

be taken for granted and change is the only constant. In

part, the cause of all this disruption is the runaway nature

of the changes he and co-author Bill Davidow predicted in

“The Virtual Corporation”. Malone says that “Ever-

greater virtualization” is eating away at organizational

structures and replacing them with “networks of free

agents”. (Back to the disintermediation and virtualization

ideas.)

Jumping to the end of the book Business Week’s reviewer

describes Malone’s new class of power player in the

Protean Corporation: “The Competence Aggregators”

(Examples of Competence Aggregators in different guises

and titles appeared in shipping as long ago as the early

1990s.)

Spencer Ante closes his piece with the warning that these

ideas are “so audacious that – in a hypercompetitive future

– they might just work.” (We have already seen how hyper-

competitive global trade can be. As shipping becomes still

more “corporate” and less “family run”, it is not too hard to

imagine many of Malone’s ideas taking hold in the shipping

business.)

Peter Kaagaard Bro, J.Lauritzen (USA), Stamford,

Dennis McIntyre, L-3 Communications, Salem, NH

Thomas Merrell, President, General Dynamics, Quincy,MA

David Quarders, Sales Mgr.Americas, Ship Equip Inc.,Lynwood, WA

Micaela Rebizzi, Sales Managager, SpecTech Inc.,Stamford, CT

Tim Roxby, Lloyd’s Maritime Intelligence Unit,Washington, DC

Alex Schulten, Ops Specialist, TORM USA LLC,Stamford, CT

Brian Staton, Business Development Mgr., Ship EquipInc., Lynwood, MA

Once again, welcome to you all. Hope you can make thepicnic.

Evan Galanis

Membership Chair

CMA MEMBERSHIPDIRECTORY 2009-2010

As announced in our last newsletter, one of our summer

projects is to update and reprint the CMA Membership

Directory for 2009-2010, so that a new one is with all our

members at the beginning of September.

If there are any updates to your information that you wish

to pass on, please do so over the next week so that the

base data for the directory will be as up to date as possi-

ble.

The directory also provides a unique opportunity to maxi-

mize your marketing message with advertising. The direc-

tory is distributed to over 1,600 CMA Members both in the

the U.S. and overseas, and provides an excellent way to

showcase your company's services and advertise them on

a recurring basis, every time the directory is opened. We

have also seen from history that the directories are kept in

many cases, as a permanent reference of past members,

so the exposure received is unlimited and a great value.

Advertising options start at $400 for a full page black and

white ad. Deadline for ad copy is Tuesday, July 28, 2009.

6

We hope that you will choose to take advantage of this

once in every two years opportunity, and please don't hes-

itate to be in touch if you have any questions at all or want

to secure your space without delay.

Thank you, Lorraine

Lorraine Parsons

Event Director, CMA

Tel: +1.203.406.0109 Ext 3717

Email: conferences@cmaconnect.com

Website: http://www.cmaconnect.com

ANNOUNCING THE5TH ANNUAL CMA TENNIS

TOURNAMENT…..Once again it’s time to think of tennis, as we reprise our

very successful CMA Tennis Tournament.

The Fifth annual CMATennis Tournament will take place on

Friday, July 24th, 2009 at Sterling Farms in Stamford.

As in the past, teams will be doubles teams, mixed doubles

teams if you like. Past Champions are planning on return-

ing, so should once again be a day of fun, camaraderie and

great tennis.

The cost for the player package remains at $125 per per-

son and includes a light breakfast and our famous Greek

Taverna lunch and much more. Play will commence at 8:30

am

Advance team registration and pre-payment is required, so

please let me know if you would like to sign-up for this

year's event by calling me at +1.203.406.0109 Ext 3717 or

by email by reply or to: conferences@cmaconnect.com

We also welcome guests for the fabulous lunch only and to

spectate. Cost for the lunch only is $60 per person and

reservations are required.

For payments: Make checks payable to "CMA" and mail to:

Lorraine Parsons, Event Director

Connecticut Maritime Association, Inc.

One Stamford Landing, Suite 214

62 Southfield Avenue

Stamford, CT 06902

For payment by Visa, MasterCard or American Express,

please call me with card details.

We hope to see you on July 24th for another great day of

tennis. Let the games begin…..

Best wishes, Lorraine

Lorraine Parsons, Event Director, CMA

By Carleen Lyden-Kluss

At most maritime industry conferences, we bemoan the

lack of visibility and poor image of the commercial maritime

industry. Much of this is attributed to how highly fragment-

ed our industry is, the fact that “ships don’t vote”, or main-

stream media’s unwillingness to print anything but bad

news. Some people even question whether the United

States is even a maritime nation.

An opportunity to reverse these perceptions is at hand.

On October 16th, the United States will host, along with the

International Maritime Organization (IMO), the 2009 World

Maritime Day Parallel Event. This is the first and probably

only time, that the US will be the Parallel Country. Because

of its position at the IMO, the United States Coast Guard is

the lead agency, with support from the State Department,

the Environmental Protection Agency, MARAD and NOAA.

STITCHING TOGETHER THEFABRIC OF THE AMERICANMARITIME COMMUNITY

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CMA SUPPORTS EDUCATIONThis event provides us with a wonderful opportunity to

demonstrate to the world the strength and depth of the

American-based maritime community. The United States is

the largest trading partner in the world, and therefore the

largest global maritime participant. For too long our collec-

tive presence has been invisible. Because of our size and

diversity, we have not unified as a maritime community and

showcased our many competencies.

There is an opportunity to do so with the World Maritime

Day Parallel Day, and our collective support of this event.

The American-based maritime community is asked to sup-

port this effort by participating in the American Maritime

Quilt Project. With the World Maritime Day Parallel Event

as the catalyst, maritime interests are being asked to con-

tribute $2500 for a square patch. The goal is to build as

large a quilt as possible, with the full complement of indus-

try sectors and members of our maritime community as

possible. The proceeds from the quilt will be used to sup-

port the World Maritime Day Parallel Event, and promote

the strength of the American maritime community.

Four quilts are to be created. One will be presented to

USCG Commandant Thad Allen and one for Secretary-

General Efthimios Mitropoulos of the IMO at the World

Maritime Day Parallel Event on October 16th in New York

City. The third quilt will be presented to President Obama,

and the fourth is intended for the Smithsonian Museum.

These will be presented next May during the Washington,

DC National Maritime Day proceedings.

While being quintessentially American, the American

Maritime Industry Quilt Project also demonstrates the abil-

ity for our multiple and diverse companies to come togeth-

er to support the maritime industry in America—literally

stitching together the fabric of our industry. Supporters of

the American Maritime Quilt Project will be listed on the

event sponsor website, in the event journal, and on-site.

The deadline for participation is September 1st, so act

quickly!! Please call Carleen Lyden-Kluss at +203 255

4686 or email her at executivedirector@namepa.net.

By: Margaret C. Nicks

Another school year has come and gone. Many of you arecelebrating graduations in your own family. Congratulationsto all the graduates out there, especially from our maritimeschools. On June 18 we held our annual education lunch-eon. CMA awarded students from each school, to honortheir maritime scholastic achievements and to incentivizethem to spend a long and productive career in our industry.This year’s honorees are:

High Schools:Bridgeport Aquaculture School• Sarah Arpie• Jacob RobisonNY Harbor School• Robert Davis• Darell Gilbert• Emanuel Valentin

UndergraduatesCalifornia Maritime• Benjamin Marchal• Jessica WoodMaine Maritime• Wakine Lucas• Jeffery MaddenMassachusetts Maritime• Christopher Brown• Michael LoughmanSUNY Maritime• Victor Llivisaca• Carolyn Mai

8

SUNY Maritime• Joseph Ward• John Boedo

For a total of $23,000 in graduation awards. In addition,CMA supports the maritime industry internship programswith an additional $25,000 per year in grants.

The CMA Board would like to personally thank all CMAmembers who supported our education fund this yearthrough your donations. I have received several thank-youletters from our students, so I know they truly appreciate itas well.

Texas A&M• Chris Karinakis• Malla AhluwaliaUSMMA• Michael Budesa• Alexander DayeWebb Institute• Andrei Mouravieff• Philip Duerr

Graduate StudentsMaine Maritime• Rebecca Allen• Luck McPartlin• Matthew Stephens

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CMA YOUTH

By: Len Faucher & Margaret Nicks

It is our pleasure to introduce Ulrik Hansen of Simpson

Spence and Young. Ulrik has been with SSY for about five

years. He is currently working the dry bulk desk in

Stamford, CT. Ulrik grew up in Denmark working first in

marketing and events planning for the beer company,

Carlsberg. After several late nights, which seemed to be

good training for the shipping industry, Ulrik decided to find

a new direction. Ulrik didn’t choose the maritime industry;

rather, he was approached by a friend who recommended

a career as a shipping broker. “(I) was approached by a

friend within the Danish shipping industry that told me of

the possibilities of travelling and being part of an interna-

tional environment.” Ulrik started in the container market

but found its pace too slow and decided to move into the

dry bulk market, eventually moving to SSY.

The start of his maritime career was met with the opportu-

nity of attending the localized training program. In a joint

effort made by several Danish shipping companies and

brokerage shops, Ulrik was able to, in the role similar to

that of an intern, be trained at the local maritime school.

The maritime school was located on a small island where

he studied and trained over a two-year period and social-

ized with fellow maritime trainees. That training has

brought him to where he is today.

A self-described competitor, Ulrik extends his maritime

work into his passions of athletic competition. This

September, Ulrik will be competing in a half iron man com-

petition consisting of a 1.2 mile swim, a 56 mile bike, and

ending with a 13.1 mile run. This is his first such event.We

wish him the best of luck.

Ulrik has been able to ride the rise and fall and recent

spikes of the dry bulk market. Whereas the fall was fast,

Ulrik is interested in seeing how the market will come back.

Of particular interest to him is how currency valuation will

impact the shipping markets.

Ulrik credits John Bamford, as one of his mentors in the

shipping industry. With Mr. Bamford’s tutelage and Ulrik’s

personal drive and competitive nature, the sky is the limit

for this young broker.

Company: Simpson Spence & YoungFavorite Movie: Usual Suspects (1994)Favorite Book: "The Count of Monte Cristo"

by Alexandre Dumas (1844-1846)Favorite Quote: “Travelling expands the mind rarely"

by Hans Christian AndersenHobbies: Running, Biking, Swimming, Squash,

Fishing and TravelingOne line about me: Outgoing, spontaneous and

very competitive

CMA SUMMER INTERN –

What I did on my summer vacation

By Mary Irene Alexandrakis

To introduce myself, last September I began my graduatestudies at MIT, pursuing a Masters degree inTransportation, an interdepartmental program adminis-tered by the Civil and Environmental EngineeringDepartment. Formerly known as Ocean SystemsManagement (OSM), a separate degree, it is now a depthconcentration within the Master of Science inTransportation (MST) degree. Coming straight from under-grad, where I majored in Finance, this program was anideal match for my needs and aspirations, as it focused onthe operational side of transportation systems and providesthe flexibility of exploring the financial features of trans-portation.

I had heard about Professor Henry Marcus, the chairmanof the former OSM, from many sources including my father,a ’76 MIT Naval Architect and Marine Engineer graduate.

My first year in the program, exceeded all my expectations.Not only did I gain more knowledge in Shipping andShipping Finance, but I also explored a whole new set offields: transportation systems analysis and design, supplychains, optimization, even…airline management! On top ofall, one of the best aspects was meeting many new inter-

10

esting people. As my professor said the first day ofInternational Shipping class “Take a look around you.Remember names and faces. You will see these peopleagain and might even work with them. The shipping busi-ness is like a family”. As I found out later, he was absolute-ly right. During the same class I had the pleasure of meet-ing many professionals that came as guests: bankers,CEOs, owners, analysts. Through their presentations andexperiences, focusing especially on shipping finance andthe markets, the image I had about the shipping businessbecame clearer, and I knew that this is what I wanted to do.I had found my “spot”.

One of the guests was Marine Money’s Matt McCleery whocame to Boston in early February for a presentation. HisPowerPoint charts were all downward lines, but even then Icould see the entire class, including myself, smiling ratherthan weeping, because we all know that Shipping is thecyclical business, and as Professor Marcus enthusiastical-ly said that day. “Where else can you find such a fascinat-ing sector where one day you earn $200k, the next $3k andthen $50k?”. Matt McCleery introduced me to MarineMoney and CMA.

This internship has been extremely rewarding, both on apersonal and professional level. Since my first day here, Ifelt welcomed and much appreciated when I was given the

task of writing my first article for the Marine MoneyJune/July issue. After that, I focused on a large project,helping with the correction and formatting of a shippingtransactions database along with other smaller scale proj-ects. The zenith of the internship was Marine Money Week2009. That week began with me helping out at the YoungShipping Professionals’ 1st anniversary. It was then when Irealized the size and scope of the network of young peoplelike me in the shipping and banking industries; these peo-ple would be the ones I will deal with during my career, andit was an amazing opportunity to meet and talk with them.

I met bankers and analysts, owners and brokers, privateequity investors and maritime service providers, all of whichwere more than open and delighted to talk to a newcomerabout their business. It was the first time I felt that I was partof this family – or in a way a newborn in the family.

I would like to share my appreciation with the ConnecticutMaritime Association for providing this essential linkagebetween maritime companies and young students and fortheir support through the scholarship programs of the CMAEducation Program. The CMA offers a place where youngpeople interested in the shipping industry can gain ahands-on experience and facilitates a network that benefitsthe maritime community as a whole. Now, if you could onlyhelp me find a job for next May.

SCENES FROM YSPNY EVENT

The YSPNY Executive Board Members: Josh Katzeff, LauraKowalcyk- CJP Communications, Christopher Cheng- Clipper,Mike Kirk- Dahlman Rose, Greg Chase- Watson Farley Williams,

Nora Huvane- Marine Money

Nora Huvane- Marine Money Asia, CMA Editor Don Frost,Tomas Padilla- PetroClipper

TheYoung Shipping Professionals of NewYork (YSPNY) cel-ebrated their 1st Anniversary Party on June 22nd on the eveof the 22nd Annual Marine Money Week in NewYork City.

Over 100 guests attended to network and toast the group'sefforts in bringing together young professionals from allover the tri-state area.

Based out of New York City, YSPNY, a CMA affiliate, offersthe younger members of the shipping community a forumto develop their industry knowledge, foster career develop-ment and strengthen their connections with other mem-bers. http://www.yspny.com

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SITUATIONS WANTED

Candidate 1: Massachusetts Maritime Academy has excellent graduatesand interns who need your support:

If your organization is interested in a job candidate or student intern, the

International Maritime Business Program at Massachusetts Maritime

Academy

has graduates and students that might suit your needs very well. These

students understand the intricacies of international maritime business and

are proud representatives of a disciplined, regimented maritime educa-

tion.

They take courses in in Finance, Accounting, marketing, Economics,

Admiralty Law, Chartering & Brokerage, E-Commerce,Logistics/Supply

Chain Management, Marine Insurance, to name a few. The internship

periods are July-August and January-February.

If you have an opening or an interest in obtaining additional information on

this program, please contact the Department Chair, Dr. Bani Ghosh at

bghosh@maritime.edu at your convenience (S9-04)

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 E: Port Captain

Responsible for effective and efficient administration of fleet deck depart-

ment operations. Liaison with fleet Masters with regard to operational

safety, flag state and port state regulatory requirements, customer vetting

requirements, pollution response, cargo operations, assessment of deck

office capabilities and any operational matters affecting management of

the vessel and compliance with company policy and procedures.

1. In Support of Marine Operations

* Responsible to the Manager, Quality, Safety & Environmental for

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

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

$25 per year for students.

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

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

JOB MART

directing and managing fleet Masters and deck officers in all aspects

of vessel operations and preparedness including safety management,

navigation, maintenance, cargo operations, customer vetting prepara-

tion and performance, and Environmental Quality Management

System compliance.

* Communicates with ship Masters to provide advice and counsel con-

cerning crew and operational matters. Reviews Master performance

annually and completes evaluation reports.

* Attends vessels for cargo expediting, ship inspections, safety audits,

and to discuss operational, safety and personnel issues with master.

* Manages fleet vetting program through monitoring approvals, schedul-

ing renewals, preparing vessels and attending as Company

Representative.

* Monitors vessel overtime costs, entertainment, provisions, and deck

supply budgets.

* Reviews, responds and disseminates to fleet Near Miss Reports as

required, conducts vessel incident investigations and tracks costs for

claims.

* Knowledgeable of current regulations and reviews for applicability to

fleet operations, proposed federal, state and international regulations

affecting marine transportation. Monitors and ensures vessel imple-

mentation and compliance with all applicable regulations.

* Reviews vessel port clearance and berth information to evaluate and

recommend allowable maximum drafts for port arrivals and dock con-

ditions while alongside in accordance with company under keel clear-

ance requirements. Maintains records of terminal sounding reports,

mooring arrangements, and terminal details in ShipNet database for

terminal facilities called on by fleet vessels.

* Advisor to Vice President, Operations concerning vessel topside oper-

ations for active vessels and new build projects.

* Maintains and corrects vessel Safety and Fire control plans and

Station Bills.

* Performs cost and equipment analysis on proposed navigation, elec-

tronic and deck equipment acquisitions.

* Monitors vessel schedules and performance.

* Handles vessel operational and administrative correspondence.

* Provides purchasing department technical assistance on deck and

cargo requisition requests.

* Attends various seminars and maritime/transportation association

meetings pertaining to relevant operational matters to stay current with

regulatory matters related to vessel operations, safety and environ-

mental issues.

11

Wanted: Host CompaniesInterns are looking for positions.

If interested in reviewing RESUMES,Please contact Margaret Nicks

(mnicks@eagle.org)

12

2. Applicable to Environmental Quality & Safety Management System

(ISO/ISM)

As an Environmental Quality and Safety Management System Company,

the operating criteria of the company are based upon our Mission

Statement, Quality Policy, Safety Policy, and Environmental Policy. All

aspects of Marine Department Operations are addressed in the Policy

and Procedures Manuals found in the Library and available electronically

on a shared drive.

The Environmental Quality and Safety Management System covers all

aspects of our operation and is supported by each employee through

membership on the Corporate Steering Committee. Each member of this

committee has the opportunity to attend meetings and provide input

regarding effectiveness of the system and make recommendations for

improvements.

Policies and Procedures directly related to the performance of duties

required of this position can be found in the Office Policies and

Procedures Manual. The Port Captain is obligated to review these manu-

als become familiar with their contents and comply with all requirements.

Member: Corporate Steering Committee

* Assist Manager, Quality Safety and Environmental in annual review and

revision of the Environmental Aspects Register and in creating

Environmental Management Plans.

* Reviews and monitors legal and regulatory requirements based upon

information furnished by the Chamber of Shipping of America, Corporate

Regulatory Review, and other sources as applicable.

* Conducts Internal Audits as assigned by Management Quality

Representative to verify Environmental Quality Management System effi-

ciency and effectiveness.

Candidates for this position should hold the following qualifications and be

able to demonstrate the following abilities to be considered as a suitable

applicant. Please note that except where specified as “preferred,” all points

listed below are considered minimum requirements.

QUALIFICATIONS:

* Bachelor of Science Degree from Federal or State Maritime Academy.

* At least 3 years tanker experience sailing as a deck officer.

* Possession of a USCG unlimited Master License with at least 5 years

experience, two (2) of which as Chief Officer or Master preferred.

* To possess a thorough knowledge of shipboard and shore-side opera-

tional functions for product and chemical carriers.

* Job related training as required by the USS Vessel Management LLC

Training Matrix.

ABILITIES:

* Strong attention-to-detail

* Strong time management and organizational skills

* Good communication skills, both written and verbal

* Budgetary management skills and capabilities

* Able and willing to complete considerable travel associated with the

* Reviews deck operations and recommends improvements resulting in

cost savings.

* Reviews and provides product technical information, including compat-

ibility, safety and health, stowage, cleaning and slop disposal require-

ments for products carried. Periodically reviews Cargo Carriage

Authority of the Certificate of Inspection and makes application for

additional cargoes to be added when warranted.

* Prepares and maintains vessel Oil Transfer Procedures (Cargo, Vapor,

Bunker, Ballast & Slops and MARPOL 73/78 Annex II Procedures and

Arrangements Manual) for assigned vessels.

* Instructs vessel personnel in operating procedures of the Vapor

Collection Systems.

* Handles other operational or administrative matters as required.

* Prepares and makes daily updates to the Morning Position Report in

absence of Operations Supervisor or Coordinator. Reports vessel

movements / activities to the Vice President, Operations including

delays, injuries, mechanical breakdowns and the effect on the vessels

in time and money.

* Monitors vessel vetting scheduling requirements with designated

chemical and oil majors. Develops relationships with vetting depart-

ments for chemical and oil majors to stay abreast of their requirements

to ensure vessels remain current for vetting acceptability. Attends ves-

sel vetting inspections, responds to observations made during cus-

tomer vetting inspections and submits initial and follow-up responses

to vessel SIRE and CID reports.

* Provide technical information and vessel characteristics and cargo

loading capacities to prospective customers through up date and main-

tenance of assigned vessels in the Q88 database.

* The Port Captain should be able to fill in for the following positions in

their absence: Operations Supervisor, Operations Coordinator, and/or

Personnel Supervisor.

* Liaise with Port State and Flag State representative and customers on

vessel certificates, inspections deficiencies as required.

* Update Q88 database with latest vessel information. Ensure vessel

HVPQ data is downloaded to Q88 on regular scheduled basis to

ensure current.

* Monitor due dates and arrange for assigned vessels USCG COI

inspections, annual third party safety audits. Third party safety audits

will be reviewed with Port Captain and Manager Safety Environmental

and sent to vessel. The status of any observations to be tracked to

ensure they are addressed in a timely fashion.

* Coordinate with Port Captain attendance by Industrial Hygienist to con-

duct annual benzene monitoring per the Respiratory Protection and

Benzene Reduction Plan and bi-annual noise monitoring for assigned

vessels. Coordination is necessary since only one vessel of a class

need be tested.

* Responsible for administration of vessel safety video training program.

13

responsibilities of this position

Contact: Captain Raymond Marquardt

Telephone: 732-635-2708

E-Mail: rmarquardt@usslp.com . (HW06-09)

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Position J: Senior Port Captain

VACANCY NOTICE

NYC DEPT. OF TRANSPORTATION

JOB VACANCY NOTICE

Once selected for Staten Island Ferry employment, federal requirements

dictate that the applicant must either undergo a federal background check

as part of the Transportation Worker Identification Credential (TWIC) pro-

gram or already possess a TWIC. The TWIC must be obtained within 30

days of appointment, and maintained for the duration of employment." For

a list of frequently asked questions, including general eligibility and dis-

qualifying crimes go to

http://www.tsa.gov/what_we_do/layers/twic/twic_faqs.shtm

TO BE CONSIDERED FOR THIS VACANCY:

(1) PLACE THE CONTROL CODE LISTED BELOW IN THE UPPER

RIGHT HAND CORNER OF YOUR RÉSUMÉ AND ON THE LOWER

LEFT HAND CORNER OF THE ENVELOPE.

(2) YOUR RÉSUMÉ MUST INCLUDE A CHRONOLOGICAL WORK HIS-

TORY AND SALARY EARNING SUMMARY.

(3) SEND YOUR RÉSUMÉ TO: Lena Marinaro

NYC DEPARTMENT OF TRANSPORTATION

Ferry Maintenance Facility

1 Bay Street

Staten Island, New York 10301

(4) ENSURE THAT RÉSUMÉS ARE RECEIVED BY THIS OFFICE NO

LATER THAN: xx/xx/2009

CONTROL CODE #SID 280 (1 position)

SALARY: $102,000

WORK LOCATION: 1 Bay Street, St. George, Staten Island

JOB DESCRIPTION:

Serves as the Senior Port Captain for the Staten Island Ferry. Manages

day to day operations including vessel movements, licensed and unli-

censed deck personnel and facilities, to assure ferry system reliability and

efficiency. This is a managerial class position.

EXAMPLES OF TYPICAL TASKS

The Senior Port Captain will: manage day to day ferry system deck oper-

ations; maintain deck department operations and crewing schedules with-

in the framework of a Safety Management System; supervise deck depart-

ment personnel and staffing on a 24 hour a day basis; supervise all

aspects of budget management, including but not limited to such tasks as

approving labor, materials, supplies, equipment and parts within vessel

deck department operating budgets.The selected candidate will also eval-

uate routine deck department work orders, store requests and labor

expenditures to assure they comply with budgetary constraints; manage

vessel regulatory compliance for nautical and radio areas; andserve as

technical advisor to the COO for agency communications involving the

deck department.

QUALIFICATION REQUIREMENTS:

1. A baccalaureate degree from an accredited maritime college and five

years of full-time satisfactory experience in maritime operations, eighteen

(18) months of which must have been in a supervisory or administrative

capacity; or 2. Education and/or experience equivalent to "1" above.

Education from an accredited maritime college may be substituted for

experience on the basis of one year of college for 6 months of experience.

However, all candidates must have a high school diploma or its educa-

tional equivalent and the eighteen (18) months of supervisory or adminis-

trative experience as noted above.

PREFERRED QUALIFICATION:

Possession of a United States Coast Guard Deck license required with

license as Master preferred. Candidate should have a strong background

in all aspects of maritime management including operations, engineering,

maintenance and repair, personnel management and regulation issues.

Experience with implementation and/or operation of Safety Management

Systems in accordance w/ISM code required. Experience with passenger

ferry systems in a managerial capacity is not required, but is preferred.

OTHER INFORMATION:

Only employees selected for interview will be contacted.

No telephone inquiries please.

Residency must be established within 90 days of appointment.

For more information about DOT, visit us at: www.nyc.gov/dot.

Appointments are subject to OMB approval.

The City is an equal opportunity employer.

Company: NYC DEPARTMENT OF TRANSPORTATION

Website: www.nyc.gov/dot (HW06-09)

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Position K: Post Fixture Analyst

REPORT TO: VP Operations - Americas

DEPARTMENT: Operations

LOCATION: Houston

Efficient processing and invoicing of demurrage and rebilling of

Charterer's expenses in line with governing Charter Party terms.

Efficient collection of all receivables to improve AET cash flow within

allowable time frame.

Efficient verification and processing of all port disbursement accounts and

invoices.

Manages 10-15 vessels covering approximately 15 - 20 voyages and 35 -

40 lighterings per month.

13

14

Produce monthly Vessel Performance Report for management reporting.

Accurate charter hire and demurrage invoicing in accordance with Charter

Party terms maximizing AET's position.

Ensure all cost expended on behalf of Charterers are recovered fully with-

in specified time frame to avoid AET covering inappropriate expenses

Ensure account receivables are maintained less than 90 days in accor-

dance with AET policy

Efficient verification and processing of port disbursement accounts and

invoices to maintain good standing with vendors and service providers.

Education:College degree or equivalent work experience

Maritime College Degree

Experience Required:Accounts Receivable experience

2 years working in the shipping industry as a demurrage analyst

Knowledge:Ocean Charter Party terms

Shellvoy, ExxonMobilvoy, ABSAtankvoy charter party terms

Skills:Microsoft office, interpersonal, communication, negotiating skills

time management

Personal Attributes:Attention to detail, reliability, willingness to go beyond minimum require-

ments for the job, customer focussed, resilient.

Contact: Alaina E. Colvin

Company: AET Inc. Limited

E-Mail: acolvin@aet-tankers.com (HW06-09)

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

Position S: McQuilling Brokerage Partners, Inc. – Open Positions

Company DescriptionMcQuilling is a privately-owned marine services company providing trans-

portation services to clients in the shipping industry and specializing in the

marine transportation of crude and petroleum products for a global client

base. Representing significant commercial experience in the internation-

al tanker markets, we provide professional, reliable and personalized

service to our clients from offices located in NewYork, Houston, Caracas,

Lima, Mexico City and Singapore. Services include spot and period bro-

kerage; newbuilding, sale & purchase and project brokerage; research

and analysis; and marine transportation consulting.

McQuilling business objectives for the future include growth and expan-

sion initiatives both functionally and regionally throughout the organiza-

tion. The company is building capacity in support of these objectives.

Job DescriptionMcQuilling is seeking qualified entry-level and experienced candidates to

fill existing and newly created positions in the organization. These posi-

tions will be filled by individuals with relevant interest and experience.

The successful candidate will be self-starting, highly productive, take

pride and ownership in their work and have strong organizational skills.

They will be effective communicators both orally and in writing. Applicants

should possess analytical abilities and be familiar with information tech-

nology applications. They should be process-oriented and able to work

independently and as a member of the McQuilling team.

Minimum qualifications for this position are well-developed spoken and

written communication skills; well-organized and documented work

processes and proficiency in word processing and spreadsheets. The

candidate will possess a bachelor’s degree from an accredited college or

university. Maritime industry experience/exposure is preferred but not pre-

requisite.

Salary RangeSalary will be determined based on experience and skills and competitive

with industry levels.

BenefitsMedical and life insurance, 401K plan, vacation plan

Apply To:McQuilling Services

Attention: Personnel

services@mcquilling.com

(HW06-09)

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