write this month's article, we are only days away from the
2018 mid-term election. I think it's fair to say that from
any vantage point there has been a lot to keep track of over
the past couple of years, but in the context of this newsletter,
we have had some discussions regarding trading strategy. While
the President can certainly make many decisions regarding
certain trade policy unilaterally, it is interesting to consider
whether or not the eventual outcome of the upcoming election
might have any impact on these sorts of decisions going forward.
We will find out soon.
as an industry, also facing new regulatory policy that will
soon be implemented, specifically the 2020 sulphur cap. The
CMA's October lunch had an all-star panel discussing the 2020
sulphur cap in the context of the off-spec bunker fuel issue
that our industry has been working our way through over the
past few months, and one of the take-aways was that the bunker
spec issue is not expected to be fully resolved any time soon,
and the 2020 sulphur cap may not make the issue any simpler.
Thanks so much to our excellent moderator, Bob Kunkel of Amtech,
and the panelists Rasmus Jacobsen (Monjasa Americas), James
Power (Holland & Knight), Kevin Cote (Innospec Fuel Specialties),
and John Walker (Braemar Technical Services). There was a
great deal of information presented on this important topic,
and we are so pleased to have been able to bring this to our
Happy Hour at Sign of the Whale was a big success again this
year, with about twice the turn-out this year from last year.
Thanks to all who attended in their "street clothes"
and donated to the CMA Education Foundation on entering, and
thanks also to all of those who came in costume, which ran
the gamut from interesting to entertaining. Congratulations
to all of the winners of the costume contest, and also the
business card drawing. There were some great prizes! Thanks
to our new Social Chair, Mike McCormick, for drumming up gift
cards and Rangers tickets for the lucky winners! We are glad
that this has gained traction as an annual event.
event is our 7th annual Manhattan lunch, on Thursday, November
15th, at The Harvard Club. This year we are quite excited
to welcome John Hadjipateras, Chairman & CEO of Dorian
LPG. These are always wonderful events, and an opportunity
for all of our membership to hear from some of our industries
most senior decision makers, and present them with your questions
directly. Seats are always limited at the Manhattan luncheons,
so please RSVP to Lorraine Parsons early. This is an opportunity
that shouldn't be missed.
a little bit difficult to believe that we are already in November,
but since we are, please save the evening of December 11th
for the CMA Holiday Party at Sign of the Whale in Stamford.
We have been getting lots of members attending this event
each year. While the event is free to our members in good
standing, we do ask that everyone bring a toy to donate to
Toys for Tots - a worthy cause, indeed. So, please make certain
that your membership is current, and remind your friends and
colleagues to do the same, and if they are not members, encourage
them to join us! This is an excellent opportunity to catch
up with old friends, and even make some new friends! So, pick
up a toy to donate, and enjoy a festive evening with friends
and colleagues on the CMA! We hope to see you all there!