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MARKET COMMENTARY – MAR/APR/MAY 2009

A BELATED happy Greek Easter to all our readers there.  As spring advances in the northern hemisphere, recession, piracy and French port blockades blot the horizon. 

We’re taking a positive stance this month though.  We even now have proof that the general public are interested in shipping.  Apparently, tea rooms and cafes situated on creeks and riversides the world over are experiencing a boom in trade as tourists flock to get a close look at laid-up vessels moored nearby.  Well, well.  Now, we know what to do to attract people.  I do hope these vessels can maintain their ISPS credentials though, as legions of Al-Qaeda terrorists masquerading as tea ladies try to get on board.

Read on for news on the state of the global shipping recruitment market, the demand for lawyers, employment law changes, the much-awaited death of the DDP, the latest London Shipping Law Centre event and a great lawyer joke.  And if you fancy the sound of taking part in the Dragon Boat Challenge and supporting the Sailors´ Society at the same time, go to the end of this edition for details.

Finally, nothing to do with shipping this, but if you are a shopper with a green conscience have a look at www.freegreenmarket, a new site dedicated to green shopping, set up by a friend of ours.

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