For Immediate Release

30 December 2015
Ref: 15193

INTERMANAGER PRESIDENTS NEW YEAR MESSAGE:

LOOKING BACK, STAYING THE COURSE, CHALLENGING THE NORMS
As 2015 draws to a close, we pause to reflect on the past 12 months which have certainly been
interesting, challenging and at times confusing in terms of the signals that the global market place
has been sending out.
Topping this very dynamic landscape and seascape has been a keen interest to try and get ahead of
the trends in order to position ourselves for the anticipated better days ahead. Unfortunately, such
jockeying of positions appears to have only compounded what was already a challenging
situation. The net result turning out to be what Alan Greenspan once described as irrational
exuberance in terms of the behaviour of many towards the different markets that we engage in.
It has not helped that, aside from the economic challenges we face, political and security
flashpoints around the world have added yet another layer of uncertainty which have removed the
cyclical predictability that we have all been yearning for. Be it:

the continuing threat of piracy globally that preys on our vessels and crew

the migrant issue that threatens to overwhelm all sectors as being yet another humanitarian
crisis

including the rescues at sea, for which InterManager was heavily involved with other trade
associations and multilateral agencies

We must not discount the on-going discussions on fatigue and the unceasing administrative
burdens on board, which can only really be resolved if governments come together and take
significant steps forward to streamline the myriad of reporting requirements. Inroads have already
been made with the EU as well as with Non-Governmental Organisations, such as the
International Harbour Masters Association (IMHA), towards promoting this concept of the
paperless ship as a must have in the near future, as opposed to leaving it just as a far-off idea.
Nor should we forget the importance of InterManagers continued presence at the IMO, where a
changing of the guard as Secretary General Ki-Tack Lim takes the helm from outgoing Secretary
General Koji Sekimizu, ushers in a new era and agenda which we need to be keenly aware of. We
are happy to note that in 2015 George Hoyt, an InterManager Vice President, has been appointed
as an IMO Maritime Ambassador to help attract the best and the brightest into shipping.

On the back of the unprecedented global acceptance of new controls on emissions coming out of
the Paris COP 21 discussions, shipping needs to be even more engaged seeing the complicated
arrangements through. Not to mention the Ballast Water Management Convention coming into
force. At the end of the day, the devil is indeed in the detail and the ease by which agreements are
to be implemented and their impact on shipping, particularly on ship management operations, is
something we cannot take for granted.
In spite of all the turmoil, and the extended down cycle that we have lived through since 2008, we
remain optimistic, even if a little guarded, that the cycle will prevail and that better days will
emerge. This has always been the case and, notwithstanding the numerous swings that have
prevailed, an upturn will always follow the downturn, no matter how long it takes.
For an industry that moves the world, as is shippings venerable role, our bearing towards calmer
waters remains true. And on this latest voyage, InterManager has remained steadfast in its
challenge to all these issues. Our way forward will, therefore, require several elements:
1. What I previously described as the 3 Cs cooperation, coordination and even consolidation
where needed. Scale is inevitably the name of the game and the ability to find creative ways
to effectively scale management solutions is what will allow ship managers be they inhouse, or third party to remain in the game in the face of dynamic uncertainties globally
2. A keen eye on the future this being 2030 and beyond. Keeping the pulse on changing ship
technology, and on envisioning and even driving more predictability in the people, process
and technology interfaces that will serve as the platform in which to efficiently operate in
the years ahead; and
3. Unwavering effort to attract the best and brightest of the next generations Millenials
from all over the world, to consider a career in the shipping industry, which inevitably will
include a career at sea. We must, however, go beyond attracting talent and ensure that,
across the board, meaningful and challenging careers for the new entrants can be mapped
out, which will go a long way towards retaining this much-needed talent for the future
The way of the future must involve an appreciation of what technology can do for management,
particularly in the era of Big Data; a continuing challenge of how things are, versus how things
might be better done or executed looking at emissions control and ballast water as two tricky
elements that we need to find acceptable and effective solutions for; and a commitment to
continuing to enhance the skills of those already in the pool of talent, both at sea and on shore,
while preparing the next generations of new entrants to be even better prepared and armed, skills
wise, than those they follow.
In all this shipping has always been, and will always be, an industry that will serve front and
centre. How we shape our image will play a key role in the manner in which we are to be accepted;
in the various fora that will increasingly dominate the global landscape of diplomacy and
commerce, and through different trade agreements that more and more are reshaping the
economic world around us.

Shipping must find ways to be engaged and to be part of the on-going dialogue across all fronts.
This ultimately means we must strive to drive more rationality and forward long-term thinking
into the equation of ship owners, ship managers and crew managers. The days of easy money are
gone. The way forward is to make money the old fashioned way to earn it. And shipping will
make this happen, but it can only be in such a position if all parties realize the need to coordinate,
cooperate and even consolidate.
We can take heart that our industry remains firmly in the game, as there is no other way to
manage the work required particularly with global trade at the forefront of economic
development. We clearly have a role in the future. How we execute that role will ultimately
determine the success that each stakeholder will have.
A MILESTONE TO OBSERVE
As we say goodbye to 2015, we also take this opportunity to pay tribute to a man who, for the past
40 years, has given much of himself to an industry he has grown up in and for which he exudes a
tremendous passion for. Roberto Giorgi, recently conferred the Lifetime Achievement Award at
the CrewConnect Global Conference in Manila, takes a final bow from V.Ships Group on
December 31.
A salute to Roberto from all of us at InterManager. He has been a fierce competitor, partner,
visionary and advocate. An individual with both nautical bearing, in terms of a direction he set for
himself from early on, as well as natural bearing in the manner in which he projected himself for
and on behalf of V.Ships, InterManager and the industry. It is indeed a milestone to observe and
celebrate.
Meantime, let me take this opportunity to wish you and your families Happy New Year and all the
best as we welcome 2016.
ends

For Further Information, please contact:

Elaborate Communications, Alexander Preston
Capt Kuba Szymanski, Secretary General

(UK) Tel +44 (0) 1296 682104

(Mob) Tel: +44 (0) 7624 498226