CONNECTICUT MARITIME ASSOCIATION
CMA
Officers & Board
COMMODORE
John C. Hadjipateras
Chairman, CEO & President
Dorian LPG Ltd.
PRESIDENT
Joseph Gross
D’Amico Shipping USA Ltd
VICE PRESIDENT
Chris Aversano
SECRETARY
Marina Critides
Navios Maritime Holdings
TREASURER
Louis Linde
Nothern Shipping Funds
MEMBERSHIP
Greg Kurantowicz
Associated Asphalt
COMMUNICATION
Jess Hurwitz
SOCIAL
Mike McCormick
Odin Marine Group
P& A
Patrick Bähr
UPT United Product Tankers
EDUCATION
Kevin Breen
Charles R. Weber Company
E-Media

CMA Ambassador (Asia)
Larry Liu
Charles R. Weber Company.
EDITORIAL
Donald B. Frost
D.B. Frost Associates,Inc.
JOB MART / EVENTS
Lorraine Parsons
I.M.S., Inc.
MEMBER LIAISON
Kim Edwards
CMA
EDITOR EMERITUS
James R. Lawrence
IMS/MTI Network (USA), Inc.

The Connecticut Maritime Association is a non-profit organization which was built by its members, for its members, and as such is one of kind.

Unlike many similar organizations which are supported largely by corporate membership, the CMA's voting membership is comprised only of individuals. From bunker brokers and tug-boat operators to lawyers and underwriters, to ship owners, brokers and managers, shippers and merchants of all kinds of cargo, each CMA member has an equal and separate vote.

The CMA was created as a self-help group of shipping people, and remains a conduit for the exchange of information and a source of camaraderie and fellowship that is unique and vital to the shipping community. In 2014, the CMA celebrated its thirtieth anniversary. It prospers with over 1,500 members representing nearly 500 companies and organizations.

President's Notes
Events

August 2019

PRESIDENT'S NOTES

Happy August, everyone! With people away on their annual holidays traditionally this is a quiet month in shipping. Of course, ships continue to move and people remain busy keeping them employed.

On July 19th, the government of Iran seized the Stena Impero and her 23 crew members while in international waters. This is a stark reminder of the work that seafarers do as they move nearly 90% of all good around our planet, sometimes through hurricanes, piracy areas and war zones. The good folks over at Stena have been posting regular updates regarding the situation on their website (www.stenabulk.com). To quote Erik Hanell, President and CEO of Stena Bulk, from the latest update, "Stena Bulk and Northern Marine Management continue to work with all appropriate authorities, including UK and other national governments, to secure the release of the crew. This has included face to face meetings with senior government representation. We are confident this matter is being given the high priority level it warrants, and we will do everything possible to ensure the Stena Impero remains at the forefront of their agendas." I would ask that we all do our part, as well, and keep the 23 crew members, along with their families and friends, in our thoughts and prayers, as Stena Bulk work to resolve this situation. I know that we all wish that there were more that we could do for them.

In other news, the trade war with China continues to impact U.S. farmers and international trade and trading lanes. There had been some recent orders from China, if for nothing other than good will related to ongoing trade talks. The U.S. indicated that there would be additional tariffs applied to Chinese imports. The Chinese responded by officially cancelling all purchases of U.S. agricultural products.

In 2017, China imported $19.5 billion in agricultural good from the U.S. In 2018, Chinese agricultural imports from the U.S. dropped to $9.2 billion. To put this in terms of volume, up to the end of May 2019, U.S. soybean exports to China were less than 6 million tons, which is nearly an 80% decrease compared to the three year average of 29 million tons for the same period. Grain exporters like Brazil and Russia may end up being winners in our trade war with China as the Chinese look to replace the quantity of soybeans that they have historically gotten from the U.S. Only time will tell.

Thanks to all of our members that attended the 2019 CMA Summer Picnic at the Stamford Yacht Club. In spite of the dodgy weather, the event was a big success, with about 300 in attendance. Knowing that the weather would be questionable, the Stamford Yacht Club opened up all of their indoor space to us, providing us with plenty of room for catch up with old friends over dinner and drinks. It was a wonderful event, as always.

Our next CMA event will be our luncheon on Thursday, September 26th, at Giovanni's II in Darien. We will be providing details on the speaker in due course, and hope to see you there.

Joe Gross
CMA President

Event Calendar

For Reservations for all CMA Events please call Lorraine
at +1.203.406.0109 Ext 3717
or email
conferences@cmaconnect.com
or
LParsons@marinemoney.com

EVENTS
September
Thursday, September 26, 2019

CMA Speaker Luncheon

Speaker & Topic TBA

Water’s Edge at Giovanni’s II

2748 Post Road, Darien, CT 06820

Cash Bar: 12 Noon – Seating for Lunch 12:45 pm

Members $50 / Non-Members $60

For Reservations for all CMA Events please call Lorraine at
+1.203.406.0109 Ext 3717,
or email
conferences@cmaconnect.com or LParsons@marinemoney.com

 
 
 

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