Latest Lloyd’s List News- ISS announces Saudi joint venture
- Owners may delay deliveries to combat excess box capacity
- MISC provision leads to $403m nine-month loss
- Lower freight rates and high fuel costs spell $478m loss for NOL
- CAI posts 50% surge in 2011 rental incomes to $32m
- Greece’s hour of need
- High charter rates harden the business case for LNG newbuildings
- Rotterdam dockers go back to work
- Scorpio Tankers places a three-way bet on fleet renewal
- OSG to cut 50 UK jobs as it shifts ship management to Athens
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Category Archives: Connecticut Maritime Association
Doing time for environmental crime – the DoJ way
The ‘land of the free’ is too tough on seafarers caught up in Department of Justice probes.
Richard Udell hasn’t shown his face at many shipping conferences the US for a while and probably won’t resurface in a hurry, after the reaction he provoked at the Connecticut Maritime Association Shipping 2010 conference yesterday.
The Department of Justice [...]
Richard Branson, we need you
For those of you who have clicked here looking for the Philippe Louis-Drayfus story, please keep scrolling down. Meanwhile….
Shipping needs a Richard Branson figure. That thought struck me as I pondered why politicians pay such scant attention to the industry. Many of the high-profile shipping names on the delegate’s list here are powerful, influential and [...]
Also posted in CMA 2010 Leave a comment
Adversity, thy name is opportunity
Criminalisation of seafarers is another subject that has recurred in past CMA conferences. At this year’s event, it came to life thanks to two presenters.
Nicholas Pappadakis of Intercargo brought up an example that has seldom been discussed in a public forum: the different worlds that airline crews and mariners inhabit.
Airline crews walk in and out [...]
Is this the new normality?
LIKE a prodigal son, an old chestnut returned to the spotlight at the opening session of this year’s Connecticut Maritime Association conference in Stamford.
An unconventional ensemble of opening-day speakers gave voice once again to shipping’s lack of an “image” and the industry’s utter inability to influence politics and policy.
Capt Robert Johnston, vice-chairman of Intertanko, talked [...]
Interview with CMA Commodore
Lloyd’s List’s Monday issue, to be distributed at CMA profiles France’s Philippe Louis-Dreyfus, the CMA Commodore, who accepts his award on Wednesday night. He spoke about his passion for shipping, but also on media speculation that the Louis Dreyfus group is one of the outside investors looking to inject fresh capital in CMA CGM. Read [...]
Live from CMA 2010!
If it’s the views of global industry heavyweights you’re after, the CMA manages to snare its fair share, persuading some legendary names to stop by at the conference venue at the Hilton Hotel at Stamford over the years.
Many are speakers, some are delegates lurking quietly in private rooms doing deals, and others are simply honoured [...]
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West’s gloom at odds with Asian dry bulk optimists
MAJOR dry bulk shipowners and operators are divided over whether there will be any sustainable recovery in chartering rates in 2009.
MAJOR dry bulk shipowners and operators are divided over whether there will be any sustainable recovery in chartering rates in 2009.
Those based in the US and Europe are at odds with their more optimistic Asian-based [...]
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Boxship slump will get worse, CMA delegates tell Lloyd’s List
MORE than 75% of shipping executives polled by Lloyd’s List during the Connecticut Maritime
Association conference agreed that conditions in the global containership sector had yet to hit
bottom.
The survey respondents included US and European shipowners, operators, regulators, lawyers, fund managers and bankers, and revealed an overwhelmingly negative outlook for the shipping sector.
The Lloyd’s List industry survey [...]
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Cosco chief Wei puts date on dry bulk recovery
THE head of Chinese shipping giant Cosco Group says the dry bulk market will recover by the second half of 2009, but remains less confident about containership prospects, partly because of the US protectionist trade stance.
Cosco president and chief executive Wei Jiafu has urged the US to resume buying Chinese goods again to revive global [...]
Also posted in CMA 2009 Leave a comment



Thad Allen bequeaths a new tradition