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The Shipping Recovery That Never Arrived

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The Shipping Recovery That Never Arrived SHIP MANAGEMENT INTERNATIONAL – ISSUE 50 JULY/AUGUST 2014 » THE MAGAZINE FOR THE WORLD’S SHIP OWNERS & SHIP MANAGERS 60 28 38 Australia to double coal 16 shipments 48 » STRAIGHT TALK across the 8 – Quick jump onboard Great Barrier » NOTEBOOK 10 – European Shipping Week announced – Panama’s Castillero joins Liberian Registry Reef – Thome signs up to responsible supply chain scheme – New joint CEO for Thorco Shipping – NSB threatens to ‘flagout’ » FIRST PERSON 16 – Evangelos Pistiolis, Chief Executive Officer, Top Ships » SHIPMANAGEMENT 20 How I Work – John Denholm, Tarik Al Junaidi 48 Opinion – Lars Rhodin, Khalid Hashim, Dagfinn Lunde, Michael Bodouroglou, John Coustas, Dr Martin Stopford » REGIONAL FOCUS 28 Dubai – Dubai: Hub at the centre of east and west » BUSINESS VIEWPOINT 36 P&I & Law – American Club extends e-learning assistance to ship operators and crews – Standard Club wins ‘LOU’ ruling 64 Classification – Meeting owners’ class needs with a Gallic flair » MARKET SECTOR 38 IT Management Software Cover Story – Decision support software for the front line Issue 50 July/August 2014 Ship Management International 5 SHIP MANAGEMENT INTERNATIONAL – ISSUE 50 JULY/AUGUST 2014 » THE MAGAZINE FOR THE WORLD’S SHIP OWNERS & SHIP MANAGERS 46 88 73 92 82 53 » MARITIME MEDICAL » ANTI-PIRACY & MARITIME SECURITY 42 Heartbeat 73 – Assessing the threat – On my mind: Karen Jacques 44 Seafarer Welfare – Help is at hand » COMMENTARY 46 Health & Safety 80 Slater on money – Hear, hear to new regulations – The shipping recovery that never arrived » EVENTS 81 Alternative viewpoint – Viewing for masochists 53 London International Shipping Week 2015 – London leads the way » ADHOC » DISPATCHES 82 – Golf is all about the winning! – Baltic Exchange appoints new Chairman 60 – Australia to double coal shipments across the Great Barrier Reef » OBJECTS OF DESIRE » SHIP REPAIR 86 – Our pick of the most coveted creations 67 – Back in service » REVIEW 88 – Bringing you the best in arts & culture » MARINE PROPULSION 70 – Hollistic approach key to further » LIFESTYLE efficiency gains 92 – Boatloads of opulence, luxury & ego 6 Ship Management International Issue 50 July/August 2014 Straight Talk July/August 2014 Issue 50 Welcome to www.shipmanagementinternational.com Ship Management International The shipping business magazine for today’s global ship owners and ship managers Published by Elaborate Communications Acorn Farm Business Centre, Cublington Road, Quick jump onboard Wing, Leighton Buzzard, Bedfordshire LU7 0LB United Kingdom ou wait what seems like all day for a bus then three of them turn up at once. We all Sales/Accounts +44 (0) 1296 682241/682051 Editorial +44 (0) 1296 682356 know the feeling! Exasperation, followed by joy that you are finally going to get where Fax: +44 (0) 1296 682156 you want to go. But which one to choose? Email: [email protected] /[email protected] Y www.elabor8.co.uk It seems a little like that with international shipping weeks. Editorial Director: Sean Moloney For so many years the attention of the global shipping industry has focused on exhibitions as Deputy Editor: Helen Jauregui Journalist: Samantha Giltrow the driver of good industry networking with receptions or conferences adding a valuable Regular Contributors: Michael Grey James Brewer additional impetus. With quality networking always being the barometer for what is a successful Thomas Ország-Land Paul Slater or a not so successful event, driving an audience into a City for a major maritime event has Felicity Landon Margie Collins always been a challenge. In hard economic times how do you encourage like-minded Motoring Journalist: Rob Auchterlonie New York Correspondent: Rajesh Joshi stakeholders to leave their offices, travel half way around the world and then spend a few days Technical Editor: David Tinsley Advertising Sales Manager: Karen Martin hoping to do businesses with people they don’t even know will turn up. Accounts: Sarah Jones Design and layout: Mike Argles The individual event-driven models of Singapore Maritime Week and London International Sean Glies Shipping Week work well as they focus attention on the strength of the clusters – individual in Editorial contributors: The best and most informed writers serving the global what they offer but often successful in their own right because they also work with each other. No shipmanagement and shipowning industry. man is an island and neither are any of the shipping clusters. But they do pack a powerful punch in Ship Management International (ISSN 2049- 9574) is published 6 times a year (Feb, Apr, showcasing what an area has to offer and opening up that market for global scrutiny. Jun, Aug, Oct, Dec) by Elaborate Communications So it is hardly surprising that Europe’s ship owners and shipping industry leaders have joined and distributed in the USA by Mail Right Int., 1637 Stelton Road B4, Piscataway, NJ 08854. forces to launch the inaugural European Shipping Week (ESW) to be held in Brussels in the Periodicals Postage Paid at Piscataway, NJ and early part of 2015. additional mailing offices And quite rightly so, because European and global shipping have so much to offer as a POSTMASTER: Send address changes to Ship professional industry. Quite apart from the numbers that are employed within the sector, Management, Elaborate Communications, c/o 1637 Stelton Road B4, Piscataway, NJ 08854. shipping is crucial to everything Europe does. And the hope is that by the European and Elaborate Communications , Acorn Farm Business global shipping industry coming to Brussels to display its wares and prowess, that the new Centre, Cublington Road, Wing, Leighton Buzzard, European legislators will understand just a little bit more about why rule making for what is Bedfordshire LU7 0LB, United Kingdom. Tel: +44 (0)1296 682051/682241/682403 an international industry, has to remain in the hands of the international community, namely Printed in the UK by Warners Midlands plc. Although every the IMO. effort has been made to ensure that the information contained in this publication is correct, Elaborate Communications accepts no responsibility or liability for any inaccuracies that Happy reading may occur or their consequences. The opinions expressed in this publication are not necessarily those of the publishers. All rights reserved. No part of this publication may be reproduced whole, or in part, stored in a retrieval system or transmitted in any form or by any means without prior permission from Elaborate Communications. Approved and Supported by Sean Moloney 8 Ship Management International Issue 50 July/August 2014 Notebook European Shipping Week announced hip owners and shipping industry The initiative, which was the brainchild of (ECSA), said: “Hosting European Shipping leaders have joined forces with global the European Community Shipowners’ Week gives the European and global shipping Sevent organiser Shipping Innovation to Associations (ECSA), will be run by a industry the ideal opportunity to demonstrate launch the inaugural European Shipping Steering Group made up of Europe’s main to the new European Parliament and the new Week (ESW) to be held in Brussels in the shipping organisations as well as the European Commission why shipping in early part of 2015. European Commission and Shipping Europe is so important, particularly The week-long series of high level events Innovation. The shipping organisations highlighting the industry’s potential to will centre on a major conference and Gala involved on the Steering Group include: generate greater growth and jobs. Dinner celebrating the 50th anniversary of the ECSA; Cruise Lines International “For ECSA, an important aim of European Community Shipowners’ Association (CLIA) Europe; European European Shipping Week will be to sell the Associations (ECSA). It will bring together the Community Association of Ship Brokers and merits of a quality shipping industry to those major players in the shipping industry with the Agents (ECASBA); Interferry; the European in Brussels whose job it is to legislate and primary aim of promoting the strengths and Dredging Association; the World Shipping make rules.” the importance of European and global Council, as well as the European Tugowners’ ESW is organised by Shipping shipping to legislators in Brussels such as the Association. Other European shipping Innovation – a joint venture between European Commission, European Parliament associations may also be invited to support Elaborate Communications and Petrospot and the Council of Ministers. the initiative and hold relevant events during and the driving force behind the highly The European Commission, through DG the week. successful London International Shipping MOVE, has endorsed European Shipping Welcoming the announcement of Week (LISW). More details about the week- Week and formal patronage is already being European Shipping Week, Patrick Verhoeven, long line-up of events will be released in due sought from it as well as the European Secretary General of the European course. An official website will be launched in Parliament and the Council of Ministers. Community Shipowners’ Associations the next few weeks. G 10 Ship Management International Issue 50 July/August 2014 Notebook Panama’s Castillero joins Liberian Registry indeed of all maritime registries. I would like to acknowledge the professionalism and independence of my leadership staff and of the many key individuals from the consular services and elsewhere, because without them nothing would have been possible. “Shipping
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