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Thursday 3 Sep 26 | |||||||||||||||||
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"The power of accurate observation is frequently called cynicism by those who don't have it." G. B. Shaw |
BOW WAVE 240Australian Fee Note Editionnews and views on trade, insurance and riskBow Wave homepage
In this issue:1. Welcome 1. WelcomeDiscovery consists of seeing what everybody has seen and thinking what nobody else has thought. Albert von Szent-Gyorgyi (Hungarian Biochemist 1893-1986) New Readers this week include: Claims Executive Linda Brongers of the Noord Nederlandsche Underwriter Claudio Blancardi of the Shipowners Strike Club Anthony Caldwell of Exxonmobil News of Readers Christine Kershaw, the lawyer and dispute settler/claims adjuster has been acting as Mediator for over the last 3 years. She is CEDR accredited. She is now offering a new service called "Fast Track Mediation". This is aimed at those in dispute who are keen to go to mediation but believe that their dispute can be resolved in a matter of hours rather than days. Dennis Tyler of JLT Risk Solutions has retired Robin Bourne has left the Australian Maritime College to return to New Zealand as the Nautical Examiner at the Maritime Safety Authority of New Zealand. Readers Write From Frank de Pauw: We are pleased to inform your Readers that our DP Survey Group NV has been elected as Affiliate Member of the Sugar Association. By embedding sugar superintendence into our loss prevention programmes,DPS innovates and dynamizes conventional quality and quantity control. Your Readers may be interested in the 2 case studies on this subject posted in the News section on our website at: A bit of a mixed bag this week, but something of interest for all we hope. Enjoy. 2. AIS--New Site Shows how it is DoneThanks to David Cheslin who passed on details of this site which allows browsers the opportunity to see the AIS system in use by ships in various ports and waterways. It is oddly fascinating. 3. KRRIS-New System for Quantifying RiskJames Fryer and colleagues in CTC Services (Non-Marine) have just launched a new system called KRRIS which stands for Key Risk Rating Indicator System (KRRIS©). It is aimed at anyone who is attempting to pass the rule over commercial and industrial facilities How does it work? Hazards and exposures are divided into Hardware, Software, and Protection features. Within each category, 10 key factors are identified to represent the main hazards associated with particular industries. Each factor is further broken down into a number of different questions. Each question is rated on a scale of 0 to 4 with guidance given to determine what score corresponds to what measures are in place on site. The average rating for each factor is calculated. A summary of all factors is presented showing the average rating both numerically, and on a bar chart. The bar chart is colour coded to illustrate the quality of the risk. Like all good ideas it looks terribly simple. Readers can see for themselves at:- 4. Vigilo RiskLatest contribution to the new security realities in inter national transport is this fortnightly newsletter and briefing service which comes from a new stable called Baronet Media which has been formed by a group of ex Reuters men which includes our old friend Humphrey Hudson. The gentlemen involved are both determined and highly experienced and we wish them well. They have said they are are launching this service because there has been no single source to which transport operators, insurers and others in the supply chain business could turn for focused information about security in transit. For further details and a copy of the trial edition go to:- 5. Kiddies to be tracked using RFID Technology at LegolandOur eye was caught by this brave new world item in the technology e-zine silicon.com by Will Sturgeon:- Parents taking their children to Legoland theme parks this summer need not worry about losing little Johnny, Jesper or Johan thanks to advances in RFID technology. Children entering the parks will be fitted with an RFID bracelet that can be tracked anywhere within its boundaries - meaning that should they run off and find themselves lost, the parks' staff will easily be able to track them down and alert parents via SMS. The scheme launched in Denmark last month and if successful it's likely to be seen in other amusement parks in the group - such as Legoland Windsor in the UK. http://www.silicon.com/research/specialreports/protectingid/ 6. And Finally...Many thanks to Frazer Hunt for this compedium of terms:- The Australian Rural Thesaurus of Computer Technology Log On -Make the barbie hotter PS from Capt CF Lüddeke:- This is an extract from a small booklet give to me by Joe Hurley. I wonder whether the value of this present found its way into the fee note handed to MSC after my visit to Sydney in 2001. Looking at this here it could well have:- "Norton Smith solicitors of Sydney, Australia acted in the early years of the last century for the Smith's Weekly a newspaper which was described by George Blaikie in his book, "Remember Smith's Weekly" as having "punched more noses and raised more belly laughs than the rest of the papers in Australia put together". Every week an office boy from Smith's Weekly would arrive with an armful of writs which had been served on them to deliver these to Norton Smith' office. In his book, "This Is the Life", Claude McKay, co-founder and long-time editor of the paper, wrote, "In Smith's first three years the fees to counsel in libel actions totaled £45,000. Some wit suggested that a plaque might be placed on the Supreme Court to commemorate us as clients sent straight from Heaven." H.V. Evatt, M.A. Watt, and Weston became known as "Smith's famous fighting counsel". Smith's Weekly was fascinated with the way lawyers drew up their accounts,and one issue carried a "bill of costs to a traveling mother-in-law from her son-in-law in the legal profession:- To welcoming you on arrival from England BOW WAVE is published each week to over 10100 Readers in the transport,insurance,shipping and finance industries. Thanks for reading BOW WAVE | Sponsors: Links: | |||||||||||||||||
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