BOW WAVE 296

Bow Wave Issue 296--Softening Edition

news and views on trade, insurance and risk

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(c)2005 WavyLine.com	Issue No 296 25 Jul 05
Published free of charge to Readers
Editor: Sam Ignarski
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In this issue:

1. Welcome
2. Navigators Put New Transport Foot Forward
3. Latest edition of Counterpane Out
4. International Command Seminars
5. Sandy Galbraith's Blog
6. And Finally...

1. Welcome

Poem of the Week

The Perfect Day

You wake with
no aches
in the arms
of your beloved
to the smell of fresh coffee
you eat a giant breakfast
with no thought
of carbs
there is time to read
with a purring cat on your lap
later you walk by the ocean
with your dog
on this cut crystal day
your favorite music and the sun
fill the house
a short delicious nap
under a fleece throw
comes later
and the phone doesn't ring
at dusk you roast a chicken,
bake bread, make an exquisite
chocolate cake
for some friends
you've been missing
someone brings you an
unexpected present
and the wine is just right with the food
after a wonderful party
you sink into sleep
in a clean nightgown
in fresh sheets
your sweetheart doesn't snore
and in your dreams
an old piece of sadness
lifts away

Alice N. Persons from Never Say Never

New Readers this week include:

Jon Guy of Editorial Solutions
Michelle Bolton of the IUA
Peter Rigby of Haggie Financial and Corporate Communications
Chris.Kelsey of Ace-Ina in Sydney
Monika Wappler and Peter Reeves of Tindal Riley
Sydney Tansport Lawyer Peter Mcqueen

News of Readers

After five years covering East Asia for Lloyd's List and editing Maritime Asia, Sam Chambers is off to pastures new, striking out a freelance career that will keep him actively involved in the shipping sector as well as much more besides.

Contact him at:-

sam@cannedrevolution.com
or
Tel: +852 93893358

Nicholas Fairfax has joined Sovcomflot as Deputy Managing Director of Fiona Maritime Agencies Ltd, London and as Risk Management Strategist for the Sovcomflot Group.

Here is some information about the company:-

Established in 1973,Sovcomflot is Russia's biggest shipping company and one of the top 20 shipping companies in the world. It is focused on the Russian energy export sector.
Sovcomflot is based in Moscow and has offices in St Petersburg, Geneva, London and Limassol. The company employs 3500 people at sea and 250 on-shore personnel.

Sovcomflot was the first Russian shipping company established according to international shipping practices. It owns 47 vessels totalling 3.6m dwt and its fleet is one of the youngest in the world. The average age of its tankers is just four and a half years compared to the industry average of 9.6 years. Its fleet under construction comprises 17 oil and gas tankers.

David Herratt has become the Chief Executive of William Russell (Far East) Limited who are international providers of Health, Life and Income protection insurance for expatriates.

Contact him at:-

david.herratt@william-russell.co.uk

http://www.william-russell.com

Neale Proctor has become the Managing Director of PT Andhika GAC in Jakarta.

Contact him at:-

neale.proctor@gacworld.com

Chris Koch of the World Shipping Council recently gave a speech on Maritime Security to a specialised labour audience in Chicago. It is an excellent summary of the current position and the status of future innovations such as Smart Containers

Read it in full at:-

http://www.worldshipping.org/speech_mtd_chicago.pdf

Hello from summertime Europe. Your editor will be handing over to guest editors for the Bow Wave editions appearing in August. First up will be Sam Chambers and Matt Flynn

Enjoy.

2. Navigators Put New Transport Foot Forward

Following the defection of staff to the St. Paul's, the Navigators has announced how it will go forward. The firm made rapid gains in the early part of this decade by expanding into the transport market in London--just as most of the established players suffered a major attack of the vapours in the aftermath of a long soft market and the new realities post 9-11.

As a result it rapidly put on a large book of transport business which was largely attributed to the dealings with London brokers of Mark Trevitt, a former employee of the ITIC and the late OTIMA Club.

The Navigators Group is headquartered in New York and also has staff who were once employed by the old Intercargo Insurance Company which left the stage around the end of the millennium being acquired by XL and subsequently largely closed down

The Navigators intends to supertintend its insurance of transport-related business by creating of a Global Transport Practice, extending to its offices in the United States, the United Kingdom and Belgium.

The Practice leader is Jan Dela Ruelle who is based in the Company’s Antwerp office.

Navigators’ London presence is to be strengthened by the addition of Clive Nix, from Syndicate 1036 at Lloyd’s of London, as Transport and Marine Liability underwriter in the Navigators U.K. Branch effective from September 2005.

Through its ‘Columbus’ policy wording, Navigators offers a comprehensive package policy designed specifically for the Transport industry, providing coverage for liability, physical damage and professional indemnity exposures to Port & Terminal Operators, Freight Forwarders, Logistics Operators, Ship Agents, Ship Brokers and the like. The latest version of this wording will be released on September 1, 2005.

Specialist transport insurance brokers are not exactly crimped for choice this renewal as they go around the London houses with transport business. They will be able to compare the offerings of the TT Club, the Navigators, Peter Rogers' new vehicle ITMU, Mark Trevitt's new home at the St Paul's, not to mention the relatively new Allianz operation in Ipswich.

Quite a high chance here of fiercer price competition, higher rates of brokerage and not particularly high standards of post sales service. Is this really what the transport industry around the world wants?

3. Latest edition of Counterpane Out

There is no writer in the world of security your editor reads more readily than Bruce Schneier, a font of good sense and a wise head in a world struggling to find the response to dealing with the efforts of the bombers and the terrorists. The July edition of Bruce's zine has appeared wherein he reminds us how those who must respond to bombings must concentrate on essentials. Although he does not concentrate particularly on transport matters he has lots to say about the subject in general.

Read the latest edition at:-

http://www.schneier.com/crypto-gram-0507.html

4. International Command Seminars

Philip Wake of the Nautical Institute has written in with details of their forthcoming series of seminars on the theme of command of ships which will travel the world, with venues in Norway, UK, India, Singapore and the United States of America.

The University of Plymouth will be the venue in the UK. The seminar will be held between 14th and 16th September, to consider the preparation and training for future ship captains.

Command involves the leadership of people and the effective management of resources. The objectives of the Command Seminar series are to ensure that the needs of the 21st century ships captain’s are fully understood by all stakeholders.

Local organisation of the seminar is being undertaken by members of the South West of England Branch of the Nautical Institute.

For further details please contact Paul Wright who is the Honorary Secretary of the South West of England Branch of the Institute:-.

pwright@plymouth.ac.uk

5. Sandy Galbraith's Blog

Shipping Editor Sandy Galbraith has joined the ranks of the bloggers. To get started he has posted some of his best known pieces. Sandy is an expatriate Scot living down under.

Check his blog out at:_

http://shipsthatpass.blogspot.com/

6. And Finally...

Many thanks to Frazer Hunt for this screed on:-

The English Language

So, you thought you were tough enough to try to learn English?? This little treatise on the lovely language we share is only for the brave. It was passed on by a linguist, original author unknown:

Reasons why the English language is so hard to learn:

1) The bandage was wound around the wound.

2) The farm was used to produce produce.

3) The dump was so full that it had to refuse more refuse.

4) We must polish the Polish furniture.

5) He could lead if he would get the lead out.

6) The soldier decided to desert his dessert in the desert.

7) Since there is no time like the present, he thought it was time to present the present.

8) A bass was painted on the head of the bass drum.

9) When shot at, the dove dove into the bushes.

10) I did not object to the object.

11) The insurance was invalid for the invalid.

12) There was a row among the oarsmen about how to row.

13) They were too close to the door to close it.

14) The buck does funny things when the does are present.

15) A seamstress and a sewer fell down into the sewer line.

16) To help with planting, the farmer taught his sow how to sow.

17) The wind was too strong to wind the sail.

18) After a number of injections my jaw got number.

19) Upon seeing the tear in the painting I shed a tear.

20) I had to subject the subject to a series of tests.

21) How can I intimate this to my most intimate friend?

Let's face it - English is a crazy language.

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