MARLOW NEWSLETTER - Marlow Navigation Training Center

3
Dec 2008 3rd Issue
It therefore comes as no surprise that alternative employment was found for all crews affected
by such lay ups without any delay. In fact, Marlow expects also the year 2009 to be
a year of further growth. Over the past 27 years all of you have helped build a strong and
stable company. A company which now, in times of difficulty, is well prepared to weather
the coming ups and downs and provide adequate employment conditions, job security and
prosperity to you and your families!
However, with all due optimism, we cannot ignore the fact that we all would not be in such
a comfortable situation were it not for the continued trust and support of our clients, the
ship owners. It can also not be ignored that the financial turmoil, the slowdown in trade
and the drastically reduced charter hires affect many of them in a much more direct manner.
In such times they rely on their crew to ensure that the vessels continue to give excellent
service to the charterers and the ships are maintained and operated in the most
prudent and economical way possible. There can be no doubt that their success, or lack
thereof, in the coming years will directly affect our own situation and it is therefore without
question that we will all have to work even harder and live up to our responsibilities
and contribute in the difficult times lying ahead of us.
Finally it gives me great pleasure to be able to tell you that although Marlow was involved
in two piracy and ransom cases off the coast of Somalia this year, the assistance of our
clients had meant that these cases could be solved without injury and all crews are at
home with their families for the festive season.
It is in this spirit that I would like to thank all of you for the cooperation and efforts
shown during the past 12 months and wish you a merry Christmas and a happy and prosperous
new year.
Hermann Eden
Chairman