get closer to years end, it seems that shipping news it filled
with articles about scrubbers and compliant fuel, not surprisingly.
We are now less that 8 weeks away from enforcement of the
new sulphur regulations, and it is really in the forefront
of our collective shipping minds, as it should be. On October
25th, we had an all star presentation at the CMA lunch, titled,
"Final Countdown to IMO 2020." Ian Workman of VPS
Testing and Inspection did a top notch job moderating our
panel, including Rasmus Jacobsen, Managing Director, Monjasa;
Marc Holm, President, Maersk Oil Trading; Jan Hagen Andersen,
Business Development Director, DNV GL Maritime; John Demopoulos,
VP, North American Refined Products, Argus Media; and Rob
Leventhal, Business Development Manager, Americas Marine Fuel
Services, Bureau Veritas. Honestly, we are so lucky as an
organization to be able to get these thought leaders in front
of our membership. It was a very productive event, and I am
confident that we all left having learned a few new things.
are on LinkedIn or read gCaptain, you may have seen some articles
or interesting data updates from Lori Ann LaRocco of CNBC.
She is about to launch a new book that she has written called,
"Trade War: Containers Don't Lie, Navigating the Bluster."
In this book, she evaluates the impact of the US trade war,
not just with China, but also with Turkey, Russia, the E.U.,
Japan and India. U.S. farmers and industries have been impacted
across many different markets, and Lori Ann LaRocco is telling
the story by following the trade data, which, as she says,
does not lie. Of course, we see the impact of these trade
issues every day, as markets shift and react to uncertainty
and unexpected tweets, causing trade lanes to adjust. I think
it will be a book well worth reading.
CMA event is our annual November luncheon in New York City.
This year, it will be at The Harvard Club on Thursday, November
14th. Jeff Pribor, the Senior VP and CFO of International
Seaways will be our guest speaker. This event is always sold
out, and I would suggest that you RSVP with Lorraine Parsons
promptly in order to secure your seat at this event.
Holiday Party is on Tuesday, December 10th, at Sign of the
Whale. As always, this event is free of charge to all CMA
members in good standing, but we do ask that you bring a toy
for the U.S. Marine Corps sponsored Toys for Tots program,
or make a cash or check donation to the CMA Education Foundation.
want to remind everyone again that as of January 1st, 2020,
the cost of membership will increase from $75.00/year up to
$100.00/year. This is still a great value for membership,
but if you want to squeeze in one more year at $75.00, time
is running out. I would also ask all of our members to please
reach out to one or two people you work with that might not
yet be members, and encourage them to join as well. They might
be pleased to be able to join up for the current membership
hope to see many of you at The Harvard Club on November 14th!