BOW WAVE 632

Bow Wave Issue 632--Highly Various Edition

news and views on trade, insurance and risk

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Wavy Line	sam@wavyline.com
(c)2012 WavyLine.com	Issue No 632 19 Mar 12
Published free of charge to Readers
Editor: Sam Ignarski
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In this issue:

1. Welcome
2. The Panama Canal--After the Expansion
3. Opportunities and Threats of Shipping's Information Boom
4. New Service from VesselsValue.com
5. I Hope I Die Before I get Old--Pete Townshend
6. And Finally...

1. Welcome

Poem of the Week

Our new friend Barry Youde was challenged to enter a limerick competition. Here is his effort:-

Our small island-home is Britannic.
Our fleet once included Titanic.
Now we’ve not even got
Her Majesty’s Yacht
To defend us. Why should we not panic?

Of course, we still put out a fleet
Whose courage no force will defeat.
But an Admiral’s barge
Is mere folly writ large
When an enemy turns up the heat.

So, should we not yet build again?
Our ships? We’ve the skill and the men.
There is gold in the scuppers
At Bankers’-night suppers.
What say you to that, Number Ten?

Simon Gosnell and Andrew Glover have both finished up with Oamps Gault Armstrong in North Sydney last Friday. It seems that a QBE/British Marine type cultural clash may have played some part in developments.

The gentlemen have sent in their new email addresses in case any of our Readers would like to contact them:-

mailto:andrewglover2012@gmail.com
mailto:simonkgosnell@gmail.com

Hutton’s, the UK ship supplier, has appointed David Greenwood as General Manager to work at its new head office in Hull, England.

Readers Write

From Sam Chambers:-

I am pleased to inform your Readers that the launch issue of SinoShip magazine is out now and both the English and Chinese versions are viewable from this link:-

http://issuu.com/sinoship/docs/sinoship-issue1

The cover shot was taken by a well known Hong Kong photographer, Andre Eichman, who has shot many incredible campaigns for shipping companies around the world and he can be reached at:-

www.andreeichmanindustrial.com

Inside the magazine are exclusive interviews with the heads of BW, SITC, Sinopacific and the Shanghai Shipping Exchange. Issue Two will be out in time for Posidonia.

From Jonathan Lux

News of Readers

I am delighted to say that from 1 May 2012 I will be taking the opportunity to build a successful mediation practice and have therefore decided to step down as a Partner of Ince & Co from that date.

To ensure an effective handover and transition I will be continuing as a Consultant with the firm on a flexible basis until 31 October 2012.

The essence of mediation is cost effective dispute resolution and that's especially appropriate in the current economic climate. I very much look forward to getting in touch with with people in the near future to explain my plans. In the meantime, please don't hesitate to get in touch with me.

mailto:jonathan.lux@incelawmail.com

Note from the Editor

Vivacious greetings we send, anticipating the coming Spring and the hope that the highly various parts of this edition will somehow make a satisfying whole.

Enjoy!

2. The Panama Canal--After the Expansion

Ted Prince is a consultant and writer on intermodal and shipping subjects who always has something interesting to say on the progress of the industry. His output is both prolific and cogent. We have certainly not seen anything better on what the expansion of the Panama Canal will mean for shipping trends in the United States

The current issue of CSCMP’s Supply Chain Quarterly contains his article on the subject:-

Go to:-

http://www.supplychainquarterly.com/topics/Global/201201panama/?utm_medium=email

3. Opportunities and Threats of Shipping's Information Boom

To the Institute of Directors in the Mall we did go to attend the Seminar hosted by Blue Communications to discuss what the shipping industry is doing to incorporate the social networks into daily life. Many approving remarks addressed in the general direction of Everblue and the IMO. The future of the printed shipping press was touched upon, the role of reliable media and persons. James Tweed of Coracle was on the panel and talked a lot of sense, being the one in the room who might be described as being at or near the cutting edge in shipping's twitterverse. A very up and coming part of the world is Twitter, FaceBook, LinkedIn and our very own FOB Network. But shipping and transport are not in general technology's favourite early adopting sons. There is plenty more to up and come...

4. New Service from VesselsValue.com

eBroker is the most significant upgrade since containerships were added last November. Built over the past four months, eBroker allows instant confidential access to the world fleet and the ability to drill down into real time vessel ownership. This is supported by dynamic graphical and chart representation all with the VV stamp: easy and instant.

Whilst current and historical valuations for both individual vessels and entire fleets remain the core service offering, VesselsValue.com is using its database to provide increasingly comprehensive Sales Stats, Fleet Stats and Market information.

VesselsValue.com was launched in May 2011 and its clients now include the major Commercial and Investment banks, Funds, Traders, Shipowners, Shipmanagers, Accountants, Lawyers, Expert witnesses, Insurers, Underwriters and Brokers.

Its values and other data are quoted regularly in the shipping and financial press. To date the system has performed 115,000 individual ship valuations.

VesselsValue.com believe that eBroker marks an important step in highlighting the advantages of using an automated system, not just to value assets but also to sort through vast amounts of shipping information in seconds. The model is continually updated and recalibrated daily to provide up to the minute values and analysis.

Read more about VV at:-

http://www.vesselsvalue.com,

http://www.vesselsvalue.com/archive/mathematics.pdf

http://www.vesselsvalue.com/archive/data_management.pdf

5. I Hope I Die Before I get Old--Pete Townshend

Shipping and Transport PR Sage David Cheslin writes:-

I may be old enough to remember working on a typewriter that didn’t have to be plugged into a wall socket--a blessing when Ted Heath introduced the Three-Day Week--and when only secretaries qualified for IBM Golfballs, but I do still love technology and the internet.

I have discovered two things just this month which have amazed me. Firstly it was the website www.flightstats.com which enables you to track a flight in real time from your office or home and even watch the flight you are interested in just as though you were on board looking at the screen that shows your position on the map. For me, a fan of using London City Airport even for longhaul destinations, it is brilliant. You can see easily whether the person you are expecting has made his/her connections and therefore whether you need to head for the airport yet. And if you want to be really annoying, you can call people at airports while they are waiting for connecting flights in Dubai or wherever.

The second revelation was www.nikeid.com. While I am sure Nike really meant it for the under 30s, it has real value for the older generation who may want a pair of sports shoes but who can’t find anything in the shops that isn’t in outlandish colours. This Nike concept allows you to go and try on a pair of shoes in a high street outlet and then go online and order the same design in much more conservative colours. Brilliant. And if you don’t want to shop online, Nike has a limited number of Nikeid outlets where you can get assistance when using the in-store Apple technology. I bought mine in a 40ft container in Shoreditch near London’s Liverpool
Street Station!

http://www.boxpark.co.uk

But if you still yearn for yesteryear, check out Rough Trade East www.roughtrade.com just off Brick Lane in London’s ‘BanglaTown’. They still sell LPs (yes, real vinyl) alongside CDs and you can listen before you buy. Those were the days!

But even if you intend to keep rocking with Messrs Townshend and Daltrey to the bitter end, even when the Grim Reaper eventually catches up with you, you can still depart in style. Crazy Coffins in Nottingham www.crazycoffins.co.uk will design you a bespoke coffin that is sure to surprise your mourners. No longer do you need to shop for such things at Papa Joe’s in Ghana. But as Sarah points out

www.youtube.com/watch?v=83vT7IvhURU

if you order yours well in advance, you might need to watch your weight!

6. And Finally...

Many jokes this week courtesy of the House of Frazer Hunt, the well known maritime lawyer in Sydney:-

Irish Diet

An Irishman was terribly overweight, so his doctor put him on a diet.

'I want you to eat regularly for 2 days, then skip a day,then eat regularly again for 2 days then skip a day ...... And repeat this procedure for 2 weeks.

The next time I see you, you should have lost at least 5 pounds.'

When the Irishman returned, he shocked the doctor by having lost nearly 60lbs!

'Why, that's amazing!' the doctor said, 'Did you follow my instructions?'

The Irishman nodded ....

'I'll tell you though, b'jeysus, I t'aut I were going to drop dead on dat 3rd day.'

'From the hunger, you mean?' asked the doctor.

'No, from the bloody' skippin'.

P.S.

The Husband Store

A store that sells new husbands has opened in Manchester , just off Deans Gate where a woman may go to choose a husband. Among the instructions at the entrance is a description of how the store operates:

You may visit this store ONLY ONCE! There are six floors and the value of the products increase as the shopper ascends the flights. The shopper may choose any item from a particular floor, or may choose to go up to the next floor, but you cannot go back down except to exit the building!

So, a woman goes to the Husband Store to find a husband. On the first floor the sign on the door reads:

Floor 1 - These men Have Jobs

She is intrigued, but continues to the second floor, where the sign reads:

Floor 2 - These men Have Jobs and Love Kids.
'That's nice,' she thinks, 'but I want more.'

So she continues upward. The third floor sign reads:

Floor 3 - These men Have Jobs, Love Kids, and are Extremely Good Looking.

'Wow,' she thinks, but feels compelled to keep going.

She goes to the fourth floor and the sign reads:

Floor 4 - These men Have Jobs, Love Kids, are Drop-dead Good Looking and Help With Housework...

'Oh, mercy me!' she exclaims, 'I can hardly stand it!' Still, she goes to the fifth floor and the sign reads:

Floor 5 - These men Have Jobs, Love Kids, are Drop-dead Gorgeous, Help with Housework, and Have a Strong Romantic Streak.

She is so tempted to stay, but she goes to the sixth floor, where the sign reads:

Floor 6 - You are visitor 31,456,012 to this floor. There are no men on this floor.. This floor exists solely as proof that women are impossible to please. Thank you for shopping at the Husband Store.

PLEASE NOTE:

To avoid gender bias charges, the store's owner opened a New Wives store just across the street with the same rules.

The first floor has wives that love sex.

The second floor has wives that love sex and have money and like beer

The third, fourth, fifth and sixth floors have never been visited.

BOW WAVE is published each week to over 16 000 Readers in the transport,insurance,shipping and finance industries. It is free to Readers but you can support it as a going concern by subscribing as a business member to:-

http://www.fobnetworking.com

Thanks for reading BOW WAVE