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The Connecticut Maritime Association Presents Shipping 2014
March 17, 2014 - March 19, 2014
The United States is fast becoming the world’s leading producer of energy. Faced with punishing bunker prices and inadequate freight rates, vessel speed is the key delta for capacity growth. Environmental regulations are rapidly changing ship design and operation. Technological solutions are dizzying in number and selection. Successful tapping of capital markets rewards an omnivore’s tastes and a sprinters aptitude. A swiftly spreading rumor could spike Interest rates while the political climate in the Middle East changes faster than Vermont Spring weather. ECA zone deadlines shift distillates from a cargo to a fuel overnight. Transfer of data and information between ships and markets is instantaneous. Freight volatility snaps heads like a whiplash. ECO ship designs multiply like “juiced ” cells. Social media has altered a 24/7 industry into a perpetual 1440 minute dash. A twenty five year ship is considered old at fifteen, yet can move faster than the younger new deliveries. Ton-miles are shorter today…or are they?
Whether we like it or not the pace of change in the shipping industry has never been greater. In a world of shifting trade, global economic health, oil production and consumption and new technology, decision making is pressurized. Stakes are rising.
Partner Fred J. Kuffler will present “Port of Refuge: A Continuing Problem for the Industry” in this multi-dimensional conference.
March 17, 2014 at 2:00 PM – March 19, 2014 at 5:00 PM
www.shipping2014.com
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Hilton Stamford Hotel
Stamford, Connecticut