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MARLOW NEWSLETTER - Marlow Navigation

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Dear friends and colleagues,<br />

4th Issue<br />

June 2009<br />

In the last issue I already mentioned the dark clouds hanging over the world<br />

economy in general and shipping in particular. Unfortunately, at<br />

the time of writing this message, it has become<br />

apparent that all the negative and pessimistic<br />

forecast’s available then have become a sad<br />

reality. We therefore have to prepare ourselves<br />

for some very challenging times in shipping,<br />

especially for container vessels, which account<br />

for approximately 50% of the crew managed<br />

Fleet of <strong>Marlow</strong>. In times like these our primary<br />

objective can only be to promote the co-operation<br />

between all parties involved. If we all contribute towards<br />

this common goal then we feel confident that we will overcome this difficult<br />

period.<br />

But there is not only gloom in shipping and from here onwards I will concentrate<br />

on more positive issues.<br />

<strong>Marlow</strong> and its Ship owning clients always maintained that “Crew Training” is of<br />

primary importance not only to our Company but to the shipping industry as a<br />

whole. In 2006 the foundations for the new Agency Building and Training<br />

2

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