shipping association of trinidad & tobago satt quarterly quarterly july - september...
TRANSCRIPT
ently call at the Port
of Point Lisas.
PLlPDECO will pro-
vide the LCL Ware-
house facility to re-
ceive, store and
stuff cargo into con-
tainers.
For details on the
proposed proce-
dure and tariffs click
here.
On the 14 October
2013 PLIPDECO will
commence opera-
tions of its Less Than
Container Load (LCL)
Export Initiative.
The Initiative will be
offered specifically
for cargo of CARI-
COM origin being
shipped to other
CARlCOM territories
and will provide ex-
porters with the abil-
ity to ship cargo in
volumes that are
too small to fill an
entire container. The
main driving force
behind this initiative
is to allow for in-
c re as e d i n t ra -
regional trade be-
tween T&T and Car-
ibbean countries.
The service will be
facilitated for ship-
ping lines that pres-
THE PLIPDECO LESS THAN CONTAINER LOAD
(LCL) EXPORT INITIATIVE
Shipping Association of Trinidad & Tobago
July-September 2013
SATT QUARTERLY
Inside this issue:
Members Making News 1
Stakeholder’s Forum 2
Quarterly Recap 3-5
On The Horizon 6
Did You Know? 7
Thought of the Quarter 8
Members Making News
PETROTRIN’S EMPLOYEE RECOGNITION
AWARDS CEREMONY
SATT was not the only organization presenting awards to deserved
recipients on the 14 September. Petrotrin held their Employee Rec-
ognition Awards Ceremony, at Hilton Trinidad, St Ann’s. According
to Energy Minister Kevin Ramnarine, the employees’ steadfast at-
tendance to their duties powered the organization, providing the
impetus with which to sustain Petrotrin’s profitability. Petrotrin Presi-
dent Khalid Hassanali and its Chairman Lindsay Gillette were
among the guests who shared in the employees’ milestones—20,
25, 35, 40, and 45 years. The “star” employees who had served
faithfully for 45 years were Mervin Jack (Exploration and Production)
Marshall Lai King, Charles Nehorah, Frank Providence and Reynold
Ramsamooj (Refining and Marketing) and Freddie Jagessar
(Human Resources). Source: Trinidad Express
Page 2
STAKEHOLDER CONSULTATION ON
THE SHIPPING (AMENDMENT) BILL
2013
Originally carded for the 16 July, the stake-
holder consultation of the Shipping
(Amendment) Bill 2013 took place at the
Capital Plaza on Wrightson Road, Port of
Spain on the 11 September.
The Association was represented by
General Manager, E. Joanne Edwards who
ensured that SATT’s concerns were well
documented for consideration.
Despite newly appointed Minister of
Transport, Stephen Cadiz’s and by exten-
sion the Ministry of Transport’s eagerness to
have the bill passed within the next year,
the Association cautioned/advised that the
proposed Maritime Services Authority, as set
Stakeholder’s Forum
out in the Amendment Bill 2013, should
have a policy/bill of its own and requires
further consultation to avoid a repeat of
the current Maritime Services Division.
Source: T&T Newsday & Business Guardian
Page 3
TTCIC’s PRE BUDGET PANEL
DISCUSSION
Shipping Services and Ship Repairs
accounted for 8% of T&T’s Small and
Medium Enterprises (SME) which partici-
pated in a Government supported, SME
Ratings Pilot Programme. The findings were
released at the Trinidad & Tobago Chamber
of Industry and Commerce’s (TTCIC) pre
budget panel discussion on the 15 July at
the Chamber building in Westmoorings. In
attendance was Group C Chairman Ian
Deosaran.
Based on the presentation compiled by
Caribbean Information & Credit Rating
Services Ltd (CARI CRIS), the growth of the
SME sector is critical for economic diversifi-
cation and sustainable employment. It was
found that the major growth hurdles are:
Access to finance
Despite highly liquid banking sec-
tor, 70% of start-up capital come
from personal savings/Only 11%
from commercial banks
Bias towards mortgage and other
fully secured lending
Communication gap between
SMEs and providers of capital
Poor business practices
Limited networks for marketing, and
operational and technical support
Quarterly Recap
From investors' perspective
Lack of liquidity is a problem – exit
strategy (74%)
Lack of research coverage (52%)
Differences in accounting
standards and or poor quality of
financial disclosure (38%)
One tool to help bridge the gap to financial
access is the SME Ratings. The report meas-
ures the SME's business and financial perform-
ance and its ability to sustain or improve its
performance. Each rating is accompanied
by a comprehensive credit report that high-
lights the firm's key strengths and weaknesses.
As a result, SMEs from the pilot project have
been able to use their ratings to:
Renew existing credit lines with their bank
Access new loans from the bank
Negotiate lower interest rates
Attract a joint venture partner
Negotiate credit from international
suppliers
Procure new contracts
Generally improve business operations
Source: www.chamber.org.tt
Page 4
MSD’s BALLAST WATER MANAGEMENT
WORKSHOP
“invasive species are one of
the four greatest threats to
the world’s oceans.”
During a three day workshop,
(24-26 July) at the Old Fire
Station on Hart Street in Port
of Spain, organized by the
In te rnat i on a l Mar i t ime
Organization (IMO), the
United Nations Regional
Coordinating Unit for the Car-
ibbean Environment Program
(UNEP-CAR/RCU) and RAC/
REMPEITC-Caribe in coopera-
tion with the Ministry of Trans-
port, Maritime Services Divi-
sion (MSD), participants
gained practical knowledge
on the required Port and Flag
State Control Procedures
under the Ballast Water Man-
agement (BWM) Convention
(2004).
The course consisted of 5
On the 14 August the Stake-
holder Relations Committee
met to discuss/finalize reform
issues in the works. The pro-
posed Droghers’ procedures
were revised as outlined in the
figure to the right. Feel free to
submit your feedback to the
Secretariat.
THE STAKEHOLDER RELATIONS COMMITTEE
Quarterly Recap
modules covering 3 major
themes:
1. The BWM Convention &
Guidelines & other rele-
vant instruments, princi-
ples & strategies of BW
management;
2. The flag, port & coastal
state aspects of BW man-
agement;
3. The monitoring & enforce-
ment (CME) system.
The training was designed to
provide a common set of
knowledge and skills to allow
participants to take appro-
priate action when dealing
with Harmful Aquatic Organ-
isms & Pathogens’ (HAOP);
aquatic organisms or patho-
gens which, if introduced
into the sea including estuar-
ies, or into fresh water
courses, may create hazards
to the environment, human
h e a l t h , p r o p e r t y o r
resources, impair biological
diversity or interfere with
other legitimate uses of such
areas.
In attendance was Ron
Traboulay of National Energy
w h o s i t s o n t h e
National Ballast Water
Committee.
Page 5
75TH “DIAMOND” ANNIVERSARY GALA &
AWARDS
The biggest event on the
Secretariat’s calendar came
to a close on the 14 Septem-
ber at the Port of Spain
Ballroom at the Hyatt
Regency as an enormous
success.
Presentations were made by
the Association’s President; E.
Ashley Taylor, Minister of
Trade, Industry & Investment;
Senator Vasant Bharath,
Director of the Maritime Ser-
vices Division for the Minister
of Transport; Beverly Phillip
and feature speaker Principal
Strategist of WorleyParsons;
Robert West. Award catego-
ries and recipients were:
Outstanding Contribution
to the SATT & Industry
~ Mr. Colin Edghill
~ Capt. Rawle Baddaloo
~ Mr. Noel Jenvey
~ Mr. Cedric Stone
~ Capt. Bjorn Anderson
~ Mr. Michael Marshall
Earliest President Living
~ Mr. Ignatius S. Ferreira
Right on the heels of the Gala,
the Caribbean Shipping Asso-
ciation’s (CSA) seminar at the
Kapok Hotel took place over
the course of 2 days, 16-17
September.
Geared towards ship Agents
from all spectrum of the value
chain, participants, both local
and regional, received hands
on training from Course facili-
tators Dr. Fritz Pinnock, and
Dr. Ibrahim Ajagunna, Ex-
ecutive Director and Direc-
tor of Academics of the
Caribbean Maritime Insti-
tute respectively.
The Role of the Ship Agent,
The Agent’s Legal Relation-
ship, Critical Issues Relating
to Ports and Considerations
Relating to the Arrest of
CSA PORT AGENCY SEMINAR
Quarterly Recap
First SATT President of the
Car ibbean Shipping
Association
~ Mr. Michael Blackman
Active Founding Member
~ Gordon Grant & Co.
Ltd
~ Alstons Shipping Lim-
ited
~ Huggins Shipping &
Customs Brokerage
Ltd.
Most Significant Financial
Contributor
~ Seaboard Marine
Leadership
~ Mr. Barry Antoni
Service (Organization)
~ Trinidad & Tobago
Pilots’ Association
Service (Individual)
~ Mr. Rhett Chee Ping
Vision
~ Capt. Rawle Baddaloo
Innovation
~ Container Recovery &
Billing
Leadership Development
~ PLIPDECO
Ships were among the many
areas covered.
Closing remarks were
delivered by SATT President
Mr. E. Ashley Taylor.
The Secretariat extends a
warm “Thank You” to all who
helped make the event
possible.
Event sponsors were: Trinidad
& Tobago Pilots’ Association,
Maritime Industry Develop-
ment Committee, Seaboard
Marine, PLIPDECO, Trinidad
Cement Limited, PATT,
Caribbean Shipping Agen-
cies, Gulf Shipping, National
Energy, Bridge Control Ser-
vices Limited, Arthur Lok Jack
graduate School of Business ,
L.J. Williams, Gordon Grant,
Alstons Shipping and Angos-
tura.
Look out for the Anniversary
C o m m e m o r a t i v e f o r
in-depth coverage and
event pictures.
Page 6
CSA’s 43rd ANNUAL GENERAL
MEETING, CONFERENCE &
EXHIBITION
The Caribbean Shipping Association’s (CSA)
43rd Annual General Meeting, Conference and
Exhibition will be held at the Sheraton Panama
Hotel on 7 October.
As part of the exhibition, more than 300
maritime industry executives will be transported
across the isthmus by train to Colon and a visit
to the Panama Canal Expansion project. The
43rd AGM, Conference and Exhibition, will end
with the CSA’s annual Gala Banquet and
Awards. The event will be highlighted by the
announcement of the annual Caribbean Port
Awards.
Time has also been set aside for networking
activities thus allowing participants to meet
and discuss business matters and to initiate
contact with potential partners, Participants –
CSA members and Observers – are expected
from more than 20 countries in the Americas
and Europe.
Want to make a last minute registration, click
here.
INTER-GROUP MEETING
With the return of the Group Meetings in June, it
was thought by some members that an open
Group meeting would help facilitate an under-
standing and appreciation of the mandates and
limitations faced by the Groups and allow for the
discussion and possible resolution of common
operational problems.
On the Agenda as well is a legislative update of
all pending amendments affecting the Industry. A
Senior Legal Consultant from the Maritime
Services Division has also
been invited for a briefing.
The meeting is scheduled for
17 October at 8:30am.
All are invited.
On The Horizon
Page 7
THE STORY BEHIND THE WOODFORD
SQUARE FOUNTAIN
In 1831, before the abolition of slavery in Trinidad, a Scot named Gregor
Turnbull arrived to take up a position as a clerk in a local firm called George
Reid & Co. By the time Emancipation was declared in 1834, Turnbull returned
to Scotland and established himself as a merchant in Glasgow, laying the
foundations of his ship owning activities. He purchased two sugar estates; St.
Helena and Santa Margarita in Naparima and then the estate and factory at
Brechin Castle. Gradually, he acquired other estates and so his enterprises
prospered both in Trinidad and England. These properties would go on to
form the Caroni Sugar Estate (Trinidad) Limited in 1924.
In 1845 indentured labourers were bought up from India and China under
Government regulations. Turnbull played his part in both their transport and
employment. In Trinidad, Turnbull's trading and shipping interest were carried on
with local partners. In Port of Spain, the firm was Turnbull, Stewart & Co. while in
San Fernando, the supplying of estates and the conduct of the sugar business
was done through Turnbull Ross & Co. Both firms were established before
1845 and the two locations were linked by a fleet of sailing lighters which
formed the shipping and waterfront business of Turnbull. Important functions of
that firm included the reception and dispatch of the sailing ships in Gregor
Turnbull's fleet, the distribution of imported merchandise for the various
estates and business houses, the shipment of sugar and disembarking the
immigrants.
For many years the company operated two local coastal services and
cargo from Port of Spain. They first sailed a course northwards to the islands
situated in the narrow channel between Trinidad and Venezuela stopping at
Carenage while the second sailed along the Gulf of Paria to Cedros stopping
at San Fernando and La Brea.
The pattern of his enterprises was, Trinidad plantations and factories, trading as
Turnbull & Co. produced the raw sugar which was shipped in the Glasgow
sailing ships of Gregor Turnbull & Co, dispatched by Turnbull Stewart & Co,
Trinidad, who arranged consignments as agents and on arrival, Gregor
Turnbull & Co. as merchants sold the sugar to refineries thus completing the
chain of production from planter to buyer. This very shrewd businessman
played a major role in the development of the sugar and shipping industry in
Trinidad and he is remembered as one of the founding forefathers of the
economy of the country.
In April of 1879, Gregor Turnbull died. The following was taken from the Port of
Spain Gazette, April 19, 1879. It is but part of a lengthy obituary which was
written about the deceased two days after his death. "For him it may be said
that he never took up a single property, either as purchaser, mortgagee or
supplier, which was not immediately beneficiary to by the connection. Bold
but prudent, Mr. Turnbull never entered into any business in a half hearted
way; what he took up he carried through. A determined man himself, he had
the rare virtue of inspiring others with similar determination. And we question
much, if the greater part of Mr. Turnbull's success in life may not be traced to
that greatest factor in all success determination of character. Of his public
gifts, two may be mentioned, the handsome fountain which adorns
Brunswick Square (now Woodford Square) which he presented to the town
and his return to the Colonial Chest the sum of 51359 pounds, out of his
contract for carrying coolies in 1869."
Did You Know?
Page 8
Thought of the Quarter