THERE was some fighting talk at the PYNDA conference and some major concerns from the industry not least as far as Iranian sanctions were concerned. David Brummond, Senior Sanctions Advisor from the US Treasury, bravely faced the crowd to explain the US stance…
IT is fair to say that the PYNDA conference outdid all before it during the afternoon “cake and a break”. Cakes decorated with vessel drawings were labelled up as cakesize, ULCC and VLCC (cake carriers), panamarzipan and icing breakers…
RECENTLY issued pay data from XpertHR shows pay awards in the private sector are slightly up on this time last year, rising from a median 2.3% for the three months to the end of April 2011 to 2.5% for the same period this year.
MOST conference delegates seemed to be of the opinion that shipping is a more risky business now than it has been the past……………..
ANOTHER confusing issue to come to our attention is this Generation X & Y business……………..
DEMAND for the services of average adjusters remains at high levels despite increased competition and changes in the marine industry…………..
RUMOUR has it that a few shipbroking shops have cut salaries rather than lay off staff as they weather the 2012 storm. One contact told Spinnaker that 2012 “is worse than 2009 as there is no forward book to provide the future cash comfort we had then…”
