BOW WAVE 507

Bow Wave Issue 507--South African Casualties Edition

news and views on trade, insurance and risk

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Wavy Line	sam@wavyline.com
(c)2009 WavyLine.com	Issue No 507 03 Aug 09
Published free of charge to Readers
Editor: Sam Ignarski
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In this issue:

1. Welcome
2. Big Bunch 'O Black Barges - Beached
3. IOANNIS NK sinks off Cape Columbine - 23 July 2009
4. 10+2 Rule to be Mitigated
5. Wista Event
6. And Finally...

1. Welcome

Poem of the Week

Last Post

In all my dreams, before my helpless sight,
He plunges at me, guttering, choking, drowning.
If poetry could tell it backwards, true, begin
that moment shrapnel scythed you to the stinking mud... but you get up,amazed,watch bled bad blood
run upwards from the slime into its wounds;
see lines and lines of British boys rewind
back to their trenches, kiss the photographs from home-- mothers, sweethearts, sisters, younger brothers
not entering the story now
to die and die and die.
Dulce--No--Decorum--No--Pro patria mori.
you walk away.
You walk away; drop your gun (fixed bayonet)
like all your mates do too--
Harry, Tommy, Wilfred, Edward, Bert--
and light a cigarette.
There's coffe in the square,
warm French bread
and all those thousands dead
are shaking dried mud from their hair
and queuing up for home. Freshly alive,
a lad plays Tipperary to the crowd, released
from History;the glistening, healthy horses horse fit for heroes, kings. You lean against a wall,
your several million lives still possible
and crammed with love, work, children, talent, English beer,good food. You see the poet tuck away his pocket-book and smile. If poetry could truly tell it backwards,
then it would.

Carol Ann Duffy (2009)

New Readers this week include:-

Jerry Giroux and Matthew O'Donnell of Aldis Underwriting in Toronto Cargo man Graham Cooper
Gillan Locke
Julie Haines of Crowley
Andy Millar of Wilhelmsen Ships Service in Dartford Erico Comia of GAC
Patric McGonigal of Barlow Lyde & Gilbert in Singapore

News of Readers

Jerry Giroux has started a new insurance venture

Contact him at:-

jgiroux@aldisunderwriting.com

Note from the Editor

A late edition of Bow Wave in keeping with the torpir of August.

Enjoy!

2. Big Bunch 'O Black Barges - Beached

The latest edition of the CargoLaw ezine contains a series of photographs charting an unusual tow (a stack of barges) from the pick up point in Shanghai to an untimely beaching in South Africa in July. Cargolaw is edited and issued by LA forwarding attorney Michael McDaniel --also known as McD-- who has very kindly agreed to act as the guest editor of Bow Wave for a couple of issues in August

http://www.cargolaw.com/2009nightmare_margaret.html

3. IOANNIS NK sinks off Cape Columbine - 23 July 2009

Capt. Allen Brink writes:-

The bulker IOANNIS NK sank in deep water 98 n.miles off Cape Columbine last Thursday (23 July 2009), shortly after crew reported that the vessel was taking on water in one of the holds. The crew of 20 was lifted off the ship by South African Air Force helicopters not long before she went down and they were transported ashore. Below is a series of images showing the final moments of the vessel.

http://visual-impact-gallery.blogspot.com/

4. 10+2 Rule to be Mitigated

Seen in "Quest" the e-zine published by specialist brokers Avalon in the United States:

10+2 update: Mitigation guidelines posted

U.S. Customs and Border Protection (CBP) issued mitigation guidelines for violations of the Importer Security Filing (ISF, "10+2") regulation, which may be viewed here:-
http://www.avalonrisk.com/questnewsletter/news/mitigation.pdf

The 10+2 rule requires importers to submit 10 pieces of advance shipping data 24 hours prior to loading at a foreign port, and ocean carriers to provide two sets of information. CBP outlined five situations which may initiate liquidated damages for an ISF importer:

Failure to file an ISF -- In addition to liquidated damages, CBP will withhold the release or transfer of the cargo until the agency reviews the required ISF information.

Late submission of an ISF -- liquidated damages will be issued for $5,000.

Inaccurate submission of an ISF -- liquidated damages will be issued for $5,000.

Inaccurate updates -- liquidated damages will be issued for $5,000.

Failure to withdraw a filing -- liquidated damages will be issued for $5,000.

Mitigating factors

CBP may cancel the liquidated damages claim upon payment of $1,000 or $2,000 for the first violation, based on mitigating factors. For the second and subsequent violations, CBP may cancel the liquidated damages case after the payment of $2,500. CBP outlined six mitigating factors to determine the cancellation of liquidated damages cases:

Evidence of progress in implementing ISF compliance during the phase-in period.

A small number of violations compared to total ISFs.

C-TPAT Tiers 2 and 3 importers will receive consideration for up to 50 percent of the normal mitigation amount.

The importer has demonstrated that remedial actions have been taken to address the circumstances surrounding the violation.

Inaccurate filings from circumstances beyond the importer’s control, such as vessel diversions from weather.

Receiving incorrect information from another party in the supply chain, if this information is found to be incorrect at a date later than allowed under the correction timeline. Under certain circumstances, the liquidated damages may be canceled without payment.

CBP also provided four aggravating factors: lack of cooperation with CBP, smuggling attempts or other laws broken in the shipment, multiple errors on the ISF and a rising error rate on overall ISFs.

To subscribe to Quest:-

mailto:marketing@avalonrisk.com.

5. Wista Event

Maria Dixon writes:-

WISTA is pleased to invite your Readers to a Grand Opening and Debate on Diversity on Wednesday 16th September at 16:00-19:30 at the Plenary Assembly Room at the IMO Building.

The Key speakers on the evening will be His Excellency Admiral Efthimios Mitropoulos, Secretary-General of IMO and Professor Mohamed Farghaly, Director General, Arab Academy for Science, Technology and Maritime Transport and the sponsors of the evening.

The Moderator of our interesting Debate on Diversity will be J G Davis CBE K (DK), Chairman of the IMIF (International Maritime Industries Forum).

On the panel will be Julian Bray, Executive Editor, Tradewinds; Michael Grey, Shipping Journalist, Susan Hawker, London Metropolitan University and Irene Rosberg, Programme Director. Copenhagen Business School, Executive MBA in Shipping and Logistics;

We have some places available for anyone interested in attending, and would like to offer them to your Readers . Everyone is welcome, members & non-members, ladies & gentlemen.

Due to strict security measures it would be necessary for all the guests to present their invitations to enter the IMO building.

To request an invitation, Please write an email to Maria Dixon, President, WISTA-UK, with your full Name, Position, Company at:-

mailto:maria@ismshipping.com,

6. And Finally...

Many thanks to David Cheslin for this one:-

Two old rockers had been friends for many years. Over the years they had shared all kinds of activities and adventures, been to many a festival together, got drunk in each other's company too many times. One day when having a post-gig pint together, one looked at the other and said: "Now don't get mad at me. I know we've been friends a long time, but I just can't this second think of your name. I've thought and thought, but I can't remember it. Please tell me what your name is." His friend glared at him. For at least three minutes he just stared and glared. Finally he said, "How soon do you need to know?"

P.S.

In the dark times
Will there also be singing?
Yes, there will be singing
About the dark times.

Motto from Bert Brecht

(with thanks to James Callahan)

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