Recently UNCTAD published its annual maritime report. The comments below highlight notable themes.
The UNCTAD Review of Maritime Transport 2017, obtainable for free on the organisation’s website (link below) was published at the end of October this year. As in previous editions, it provides useful comprehensive coverage of many aspects of the global maritime scene, including seaborne trade, the world fleet, freight markets, ports, legal and regulatory issues and maritime connectivity for developing countries.
Among especially interesting comments, global seaborne trade is viewed as having good growth prospects over several years ahead. This contrasts with some quite pessimistic predictions seen elsewhere.
by Richard Scott FICS, London & South East Branch Committee, 5 April 2018
Recent statistics again emphasised just how much China’s seaborne trade contributes to the global shipping industry’s well-being. This contribution can be seen especially vividly as a proportion of world imports.
Last year imports of all seaborne cargoes into China increased briskly by 8%, following a similar 7% rise in the previous year. The total for 2017 was 2,400 million tonnes according to figures compiled by Clarksons Research, comprising over one-fifth of world seaborne imports.
The latest annual growth rate and proportion of world trade are impressive, but even more remarkable is the expansion over the past decade in both of these aspects. During that period, from 2007 to 2017, China’s imports rose by 163% from an already large volume.
This year the branch changed their long-term traditional BBQ for a trendy pub of Water Poet in Spitalfield's.
It is with great delight and pleasure that we congratulate all students who have passed their November exams.
If this means that you have completed your Professional Qualifying Examinations (PQE), I would remind you to send in your completed application form soon, preferably before the next deadline of 28 Feb 2017, so that you can become a Member of the Institute. We especially congratulate Michael Archibald (Port Agency) and Jessica Pyatt (Legal Principles in Shipping Business) who achieved Distinction in these two subjects. Evidence shows that those students who attended the London Branch Revision evening in October 2016, as Jessica and Michael did, overall achieved higher marks than those who did not attend.
by Richard Scott FICS, London & South East Branch Committee, 5 June 2017
Earlier this year members of the London & South East and East Anglia branches and head office staff attended a London conference focusing on China’s Belt and Road Initiative. The conference was organised by the Hong Kong Trade Development Council. Later, last month, a seminar on the same topic was organised by Clarksons Platou, supported by the 48 Group Club and China Shipping Association of London. Institute members were present at that event also.
Please help underprivileged ICS students in East Africa by donating your old ICS textbooks or any other shipping related academic textbooks. These students are struggling to buy reading material and would very much appreciate your help.
If you have any spare old shipping books, which you have no use for, please kindly bring/post them to the ICS Head Office at: Institute of Chartered Shipbrokers, 30 Park Street, London SE1 9EQ, United Kingdom. Contact details: +44 (0)20 7357 9722.
Our thanks to you!
Well done to every London Student who passed their exams.
We are delighted to offer our Congratulations to those who have won prizes, and also to those who have completed their Foundation Diploma or their Advanced Diploma or their PQE.
Prize winner 2017:
William Packard Memorial Award
Denholm Wilhelmsen Award
Shell Int'l Trading and Shipping Award
E A Gibson Shipbrokers Award
Braemar ACM Shipbroking Award
Cory Brothers Award
Port of London Authority Award
Shipbrokers' Register Award
Tutorship Pieter van Gelder Award
by Richard Scott FICS, London & South East Branch Committee, 5 February 2017
At the end of January, BIMCO published its latest quarterly freight market analysis updates. These analyses cover the three main shipping markets – tankers, bulk carriers and container ships. The reports can be downloaded for free on the links below...
Image courtesy of www.ics.org.uk
On 21 October 2016, ICS London Branch committee were delighted to attend the ICS prize giving ceremony hosted at Mansion House. This year's ceremony was of particular significance, as the venue is the official residence of the Lord Mayor of London - Jeffrey Mountevans, who has been a career shipbroker for Clarksons.