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Thursday 3 Sep 26 | |||||||||||||||||
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"I advise you to go on living solely to enrage those who are paying your annuities. It is the only pleasure I have left." Voltaire |
BOW WAVE 366Bow Wave Issue 366--Elephant in Room Editionnews and views on trade, insurance and riskBow Wave homepage
In this issue:1. Welcome 1. WelcomePoem of the Week Apple Season in a Time of War The children are terrible as the leaves continue to fall that remains unchanged, But I can hear the children I can hear the buzz of radio voices, by Linda Pastan, from Queen of a Rainy Country New Readers this week include:- Naama Lebrecht of Holmans News of Readers Susanna Thornton, who works for Reuters, moved jobs from Hong Kong to London. She decided to cycle to her new posting, a journey of seven months well http://www.thelongroadhome.org/ Readers Write From Pierre-Jean Bordahandy, Lecturer at the Law School, University of Adelaide Just a few lines to let you and your Readers know that I have submitted my thesis two days ago and that I will defend it in an oral and public examination process at the faculty of law at the University of Aix-en-Provence in France on the 20DEC06 in the morning. Although the thesis is written in English the oral defence will be in French as I have been enrolled in a double degree (University of Aix-en-Provence / University of Queensland). I am basically arguing that containers can be legally classified as a means of transport and that as a result of this correct conceptualisation, the large majority of issues arising out of the usage of containers can be easily addressed. I am for instance arguing that on the one hand as long as the container is used in the context of transport operations, there is no problem of application of maritime transport law rules simply because those rules are adapted to the conceptual operation of carriage. On the other hand I am arguing that when containers are used in the context of operation that are conceptually connected to their nature as a means of transport, a different legal regime should apply and notably the regime of voyage chartering. pierre-jean.bordahandy@adelaide.edu.au AfterOfficeHours News The latest edition of the Maritime Advocate online (Issue 280) can be accessed by clicking on the link below. http://afterofficehours.com/news.php Readers who would like to subscribe to this highly readable fraternal publication--which is edited by Chris Hewer and published free to Readers--should send an e-mail to:- contactus@afterofficehours.com Note from the Editor Quote of the week from the house of Tyzers:- "If each club’s largest 20 members all paid the premium required by their records, clubs would return underwriting surpluses and general increases of the magnitude seen in recent years would be consigned to history." Enjoy! 2. P&I ReportsTis the season of the analytical reports by the leading broking houses ahead of the 20FEB renewal season. These are usually lengthy affairs prepared with considerable care. So far we have seen the admirable efforts of Nick Riddle at HSBC and Stephen Hawke at Aon. Wonder why the others don't send us a copy of theirs. The summary of the Aon report says:- The past year has raised many issues to occupy the minds of members, managers and commentators on P&I: *future solvency requirements (a topic that Aon PLF has been flagging for some time); To obtain a copy of these reports contact 3. Unintended Consequences of Regulation Chapter 243Brenda Horne who sends us a regular zine promoting the benefits of the Maputo Corridor reports on a measure which is not exactly helping the cause of development:- MCLI has taken up the Scanning issue and unprecedented scanning fee on all cargo moving through the port of Maputo, imposed by the Mozambique Government, with the South African Broadcast Corporation with the hope that the greater awareness of the impact thereof will put pressure on decision makers to re-consider the situation for the good of continued regional development and growth -- especially that of the Maputo Development Corridor. 4. Igor PonomarevAline De Bievre writes: At 11 am Friday 24NOV06, the International Maritime Organization (IMO) friends and colleagues of Russia’s Igor Ponomarev gathered from around the world around his beloved wife Alena and son Alex to celebrate the short but brilliant life of the St Petersburg-born and educated naval architect and ship surveyor in a heartfelt and dignified ceremony worthy of the man. Prayers at the packed Greek Orthodox Cathedral of Saint Sophia, aptly located at the crossing point of Moscow Road and St Petersburg Mews in London’s Bayswater area, were led by Bishop Theodoritos of Nazianzos, with the cathedral’s magnificent choir performing the adagio lamentoso from Tchaikovsky’s 6th Symphony (Pathetique). Emotional tributes to the personal characteristics, knowledge and skills of the charismatic Mr Ponomarev all praised his huge contribution to the safety of global shipping and life at sea. Among the speakers were Ambassador Yury V. Fedotov, Russian Maritime Register director-general Nikolay A.Reshetov and Mr Ponomarev, who was the Russian Federation’s first ever Permanent Representative to the IMO and due to chair his second meeting of the organisation’s leading maritime safety committee in Istanbul next week, died unexpectedly on 30th October. He was only 41. On 4th November, he was laid to rest, in full uniform, in the old cemetery of the Nicholas Naval Cathedral (Nikolsky Morskoi Sobor), the splendid Russian baroque "sailors’ church" of "the most beautiful city in the world" - as he liked to call St Petersburg. His former office at the Russian Maritime Register’s headquarters, which occupies a beautifully restored 18th century palace on the banks of the Neva River overlooking the Peter Paul Fortress, has been converted to a museum dedicated to the history of the 5. Fog in Channel and Tunnel Closure may Isolate ContinentOne of the best zines from the world of airlines is the ABTN--Airline and Business Travel News which carries the story below this week. Your editor recalls St Pancras as the elegant faded ghost of railways past, the mainly deserted terminus of a termly return trip to Bedford and boarding school during the 1970s. Things change. Here is the story:- Competition on the lucrative market between London, Paris and Brussels will be further increased from next November. Eurostar will introduce their new dedicated service between the cities with the opening of the high speed link under the Thames, through Stratford and into a rejuvenated St Pancras International. The last Waterloo service will be on Tuesday 13 November. The following morning the first inbound from Paris is expected to arrive at St Pancras just before 0800. Presently Eurostar trains into London have to share the track with the busy commuter operations into the station across the Thames from Westminster. Fastest travel times between the centres of London and Paris will come down to just 2 hours 15 minutes; London - Brussels to 1 hour 51 minutes; and London - Lille will be only 1 hour 20 minutes. Currently the trains are achieving a 91% on-time arrival rate, even better than the famed French TGV. Each Eurostar train can carry 762 passengers, Originally built in 1868 by eminent railway engineer, Sir William Barlow, St Pancras International is being painstakingly restored with the intention of becoming the finest station in Europe. It will set new standards in terms of customer service and establish a new model for what a railway station should be says London & Continental Railways ltd (LCR), its developers. Project director is Mike Luddy , a well known figure in the aviation industry having held senior positions at Gatwick, Bristol and Newcastle airports: "The restoration of St Pancras is a truly historic project. We are redefining how a station operates. A unique retail mix with new levels of customer service will combine in this most magnificent of settings. St Pancras International will be the place to meet in London." http://www.abtn.co.uk/Personalise 6. And Finally...A bumper collection of whadayaknows this week from Paul Dixon's Joke of the Day, as well as some pointers on the way women speak. Paul has a beard. It is impossible to lick your elbow. A crocodile can't stick it's tongue out. A shrimp's heart is in their head. People say "Bless you" when you sneeze because when you sneeze, your heart stops for a millisecond. If you sneeze too hard, you can fracture a rib. If you try to suppress a sneeze, you can rupture a blood vessel in your head or neck and die. If you keep your eyes open by force, they can pop out. In a study of 200,000 ostriches over a period of 80 years, no one reported a single case where an ostrich buried its head in the sand (or attempted to do so apart from Bones). It is physically impossible for pigs to look up into the sky. A pregnant goldfish is called a twit. Between 1937 and 1945 Heinz produced a version of Alphabetic Spaghetti especially for the German market that consisted solely of little pasta swastikas. More than 50% of the people in the world have never made or received a telephone call. Rats and horses can't vomit. Rats multiply so quickly that in 18 months, two rats could have over a million descendants. The "sixth sick sheik's sixth sheep's sick" is said to be the toughest tongue twister in the English language. Wearing headphones for just an hour will increase the bacteria in your ear by 700 times. The cigarette lighter was invented before the match. Thirty-five percent of the people who use personal ads for dating are already married. A duck's quack doesn't echo, and no one knows why. 23% of all photocopier faults worldwide are caused by people sitting on them and photocopying their buttocks. In the course of an average lifetime you will, while sleeping, eat 70 assorted insects and 10 spiders. Most lipstick contains fish scales. Cat's urine glows under a black-light. Like fingerprints, everyone's tongue print is different. Over 75% of people who read this will try to lick their elbow! P.S. The Essential Guide to Women's English: Yes = No No = Yes Maybe = No I'm sorry = You'll be sorry We need = I want It's your decision = My correct decision should be obvious by now Do what you want = You'll pay for this later We need to talk = I need to complain Sure go ahead = I don't want you to I'm not upset = Of course I'm upset, you moron You're so manly = You need a shave and you sweat a lot Be romantic, turn out the lights = I have flabby thighs This kitchen is so inconvenient = I want a new house I want new curtains = carpeting, furniture, and wallpaper I heard a noise = I noticed you were almost asleep Do you love me? = I'm going to ask for something expensive How much do you love me? = I did something today you're going to hate I'll be ready in a minute = Kick off your shoes and find a good game on TV You have to learn to communicate = Just agree with me Are you listening to me!? = [Too late, you're dead] JokeoftheDay-owner@yahoogroups.com BOW WAVE is published each week to over 13 700 Readers in the transport,insurance,shipping and finance industries. 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