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
Rebecca Redstone
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

April 2019

PRESIDENT'S NOTES

CMA Shipping 2019 is now behind us. We had three interesting and productive days discussing and debating issues related to the IMO 2020 sulphur cap, crew health and welfare, technical innovation, sustainability, decarbonization, opportunities in the current market environment, and more. The program this year seemed especially interesting because while we did talk about many traditional subjects such as where markets are today, and where do we expect them to go, etc., it appeared that these discussions all focused on the business environment we face at this moment in time, not only in a commercial sense, but in a cultural sense as well.

We were so pleased to be able to honor John Hadjipateras as our 2019 CMA Commodore, with the help of past Commodores Sabrina Chao, Robert Bugbee, Jack Noonan and Oivind Lorentzen and hundreds of members of our CMA family. Our new Commodore challenged our industry to bring more women into all sectors of the shipping industry, at sea and ashore, in management and regulatory positions. Accepting this challenge will keep moving our industry in the right direction, and making us a better and more inclusive business community.

There was so much interesting and valuable information presented to our community during the conference. Martin Crawford-Brunt of Rightship shared that they have found that the more environmentally efficient vessels also tend to be safer vessels. Angus Frew of BIMCO pointed out that the port of Rotterdam has reduced greenhouse gas emissions by 35% by optimizing their port operations. Arlie Sterling of Marsoft said that his research shows that over the past 45 years, carbon intensity has dropped by 70-80% while economies have expanded. Jeff Pribor of International Seaways talked about their Green Initiative, which includes improved operational efficiencies by reducing bunker consumption by 500 mt per ship per year. Rev. David Rider of Seamen's Church Institute talked about their collaboration with Yale to study seafarer's welfare issues. There are so many exciting things going on in our industry today!

There were also other things that were happening around the CMA Conference. INTERTANKO held their regional meeting at the Stamford Hilton prior to the start of the conference, attended by INTERTANKO Chairman Paolo d'Amico, Admiral John Nadeau, US Coast Guard Assistant Commandant for Prevention Policy and many other industry stake holders. WISTA held their 14th annual CMA lunch, this year honoring Kathy Metcalf of the Chamber of Shipping of America as their Person of the Year. The 2019 CMA Conference was also where deals got done. I heard from a number of our delegates who arranged meetings with their business partners to conclude deals while they were in Stamford to attend the conference, while others met to develop new business.

Ultimately, this was a conference about our values as an industry, and we have a great deal to be proud of. We move 90% of all goods around the world, but emit only 3% of greenhouse gases. We are working to improve the health and welfare of our seafarers. We accepted the challenge of reducing sulphur emissions, and although we may have had different opinions about the timing of implementation or the best way to achieve compliance, we decided to embrace the challenge, and as the clock turns from December 31,2019 to January 1, 2020, in that brief moment, we will still be carrying 90% of all of the goods moving around the world, but the sulphur our ships emit will be reduced 7-fold. Do not underestimate the significance of this achievement. I am not aware of any other industry that has achieved an emissions reduction of this scale as the clock ticks from one second to the next. But this is what we do, and who we are as an industry. It is the work that we have always done, quietly and without fanfare, making our industry smarter, safer, and more efficient step by step, year after year.

Cate Moran of NYK Bulkship (Atlantic) told us about the time recently when she heard a radio host refer to shipping as a "dirty business," and how she wanted to respond to this. The reality is that this is largely how our industry is thought of - that we have eye patches, parrots on our shoulders, and drink grog while we pollute our planet. We all know that this cannot be further from the truth. This is not who we are or how we operate.

We have so much to be proud of about our industry, and our embrace of the sulphur cap is something that we should be shouting from mountain tops, and telling to our friends and families. Our industry is setting the bar in cutting sulphur emissions, and now it is for other industries to catch up with us. We have discovered that reducing emissions actually goes hand in hand with economic growth, and that pursuing a green initiative can reduce emissions by reducing consumption, which is a win for Owners, Charterers, consumers, and our planet.

Others in our industry will find new and innovative ways to comply with environmental challenges, which will make us smarter, healthier, create new technologies and industries, and by the way, if we can look at these environmental regulatory issues not as costs or burdens, but as opportunities to do things differently, we can actually strengthen our businesses in the process. And this makes us all winners.

Thanks again to all of our speakers, sponsors, delegates and organizers who were with us for CMA Shipping 2019, and we are looking forward to welcoming all of you back to Stamford next April for CMA Shipping 2020!!

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
April
Thursday, April 25, 2019

CMA Annual General Meeting Luncheon

Water’s Edge at Giovanni’s II

2748 Post Road, Darien, CT 06820

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

Free to CMA Members in good standing

RSVP’s are required

May
Monday Afternoon, May 13, 2019

CMA Spring Golf Outing

Sterling Farms Golf Course

1349 Newfield Avenue,
Stamford, CT 06905

Please click here for more info

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