The Institute of Chartered Shipbrokers Greek Branch and the Baltic Exchange held for their Members their 3rd Masterclass Seminar (Series2) and the cutting of the traditional Vasilopita cake on Wednesday, 30th of January 2019 onboard ‘’SS Hellas Liberty’’.
The 3rd Masterclass Seminar, part of the joint lectures organized by ICS and Baltic Exchange for the second year and in 4 locations worldwide, was on “Economic Cycles & Shipping”. The guest speaker, Mr Simon Ward, FICS, Director, Ursa Shipbrokers, shared his ideas with the audience regarding freight market cycles and how have trends in cargo flows changed, what has the impact been from the vessel supply side, as a result of the evolution of the shipowner and the ever-changing ROI horizons for their investors.
Following the Seminar, both organizations cut the Vasilopita in a traditional Greek ceremony to welcome the New Year and held a cocktail reception for the ICS and Baltic Members. The winner of the lucky coin of the Vasilopita won a plane ticket to Rome, a kind sponsorship of Anyland Travel Agency.
Members, shipping practitioners, friends and colleagues had the opportunity to network and exchange their views on several shipping matters.
The Baltic Exchange is the world's only independent source of maritime market information for the trading and settlement of physical and derivative contracts. Its international community of over 600 members encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic.
The Institute of Chartered Shipbrokers, founded in 1911 within the Baltic Exchange historical building, is the professional body which represents all aspects of the shipping business and includes in its membership not only shipbrokers but shipowners, charterers, agents, forwarders and other shipping professionals. Through its Professional Maritime Courses and ICS Membership Qualification, ICS is dedicated to the setting and maintenance of the highest standards in commercial shipping industry worldwide.
Baltic Exchange and ICS are sister organisations and work under the common motto “Our Word, our Bond’’; a business ethic motto imparts confidence into the industry worldwide.
Joint lectures and events prove their long-standing and traditional relation dated back in the middle ages of Maritime Profession at the City of London.
We are looking forward to seeing everyone again to the upcoming Masterclass Seminar on 19th of March 2019 with the topic ‘‘Financial Tools (Ship Finance &FFAs)”.