 |
|
 |
|
| Event
Calendar
September 2009 September 8 September 9-10 September 13 October 2009 October 1 October 16 October 26 NYMAR
Officers NYMAR |
|
|
NYMAR interviews Korn/Ferry International's Global Industrial Market Managing Director Jason Ward. Dahlman Rose Indices Dahlman
Rose & Co has agreed to provide NYMAR
readers with its Dry Bulk Shipping and
Tanker Shipping Indices. Monthly
News Cosco Busan Operator Admits Guilt in Causing Oil Spill Bankruptcy judge OKs bonuses at top
Brooklyn's Industrial Waterfront Reactivated with $270 Million Investment from City and State
Waterfront Commission Plagued By Abuse and Corruption Financial
Performance Charts Taste of NYC | Events & Entertainment Upcoming
events & entertainment in the Big Apple. |
|||||
As summer morphs into fall we change our mood and our expectations. The fall season much like January is a time for renewal and new opportunity.
With the bulk market showing some signs of life certainly now is a time to farm that enthusiasm albeit cautiously for the markets still remain very depressed and the liquidity offered by the banking market remains close to nonexistent.
Nevertheless in the fall New York brings about a flurry of early activity. Initially the investment banks start holding their shipping conferences. This has become a ritual over the past few years as with over 40 public shipping companies there is truly a great opportunity to show one's wares. The investors attend in droves; primarily institutional groups but as often as not a slew of individual investors who have been lured to the industry over the recent years.
That the stock market has steadied somewhat is certainly a cause for a little bit of cheer but it should also be noted that New York is the home of so much private equity. More and more fund managers and private equity investors are looking at the maritime space. We remain to be convinced that this source of money is the magic potion destined to fix our woes but it is nevertheless a veritable panacea that if and when employed can provide a great deal of the remaining "answers. "
The fall will for sure be an interesting time and at NYMAR we will continue to focus heavily on networking opportunities and opportunities for our members both existing and prospective to show their wares in an effort to broaden their market reach. NYMAR is member supported and member driven and is focused solely on expanding the business footprint in the New York market.
Mr. Ward is a Senior Client Partner in the global industrial practice and manages the company's Transportation Sector. He is based in Korn/Ferry International's Stamford, Connecticut office. | NYMAR: | These past many months have seen a seismic downturn in the economy, leading to nearly 10% unemployment in the United States. How has this scenario played out in the maritime industry? |
|---|---|
| Ward: |
Every carrier regardless of its sector--container, dry bulk, coastwise, petroleum—has seen a tremendous impact on their business. Most visibly, and perhaps in part due to the coverage in the news media, the container business has suffered the most from this downturn in my opinion in terms of revenue lost and certainly in terms of head count and reductions .
Your questions assume a 10% unemployment rate or a rate approaching that. I would contend that the real unemployment rate may be closer to 16% especially in these industries, and that's in light of the fact that there are many people who are underemployed or folks who have been between jobs and caught during the market downturn who may have come off the official roles of eligibility for unemployment maintained by our government. There are quite a few folks who are consulting in this market. I would guess the unemployment rate is higher than 10%. |
| NYMAR: | Some say that the shipping industry was affected by this downturn later in the cycle. Is that your observation, and are you seeing this play out on the employment front? |
| Ward: | I wonder if by saying the shipping industry was affected later in the downturn is because revenue realized by shipping concerns lagged the downturn in the economy as evidenced by employment numbers by a couple of months or perhaps a quarter. So I don't subscribe to the idea that the maritime industry was a trailing indicator of this downturn. Certainly that was not the case on the liner and container side, and I don't think that would be true as a rule in the dry bulk or petroleum trades either. I think that with this economic downturn the maritime sector and related industries were pretty much in phase with the economic downturn on the country as a whole. |
| NYMAR: | Which sector (container, bulk, coastwise, etc.) have you seen in the United States most impacted by today's economy, and how is that reflected in job shrinkage? |
| Ward: | As I mentioned earlier, clearly the container / liner trades and the asset-based third party logistics companies have seen the largest and most visible impact when you measure it in job shrinkage. I think that may have much to do with the larger proportion of what I'd call client facing sales and marketing roles and customer support roles that you would see in a sector of our business catering to a vast array of shippers and receivers, compared to the more modest number of people you would need in those functions in drybulk or petroleum or chemical trades. I do think that the operational, technical management and the financial/staff functions in all sectors have been equally impacted. |
| NYMAR: | Which area of the business has been most impacted (owners, bankers, etc.)? |
| Ward: | I think the lending sector for all the reasons that are quite well publicized, has been impacted more. On the owner side though, in terms of principals, what you are seeing is a shedding of talent and resources in the areas of mergers and acquisitions. We have certainly seen that over the last year. We haven't yet seen those sort of skill sets reemerge as something that principals are interested in and you might expect that it would be especially from the private equity side. |
| NYMAR: | Where are the opportunities today? Are there new positions opening up, or a sense of musical chairs? |
| Ward: | The opportunities today are few and far between to be honest. Where the opportunities exist, they exist at companies that are looking at seriously upgrading talent. In the last year or so, while companies have been shedding people, it's really been next to impossible to go out and recruit best-in-class talent to your firm. The internal optics are very difficult, even if you need to upgrade in certain positions. But now that most of that downsizing has taken place and companies are feeling like they are well staffed for cash flow neutral or slightly cash flow negative operations, they are turning their attention to selectively upgrading talent and this is not a case of musical chairs. What we see in the market is an increase in the frequency of highly confidential search projects. Projects undertaken in way so that the incumbent who is no longer a "good fit" will not be damaged in the market by his or her position being recruited for. A confidential project allows the hiring manager to get to the penultimate step in sourcing new talent before making a personnel change. |
| NYMAR: | You help companies recruit board members. What is the biggest consideration/risk being evaluated on both sides of the table? |
| Ward: | The last few years, the predictable answer to that was: regulatory compliance and Sarbanes Oxley. Less so now. While it is true that one of the needs is to evaluate the audit committee on any board and assure that neither the committee nor the entire board has not devolved into a regulatory compliance apparatus. It is important to insure that the board is doing what it was designed to do: be an assembled group of consultants, if you will that you could never at any cost assemble in the marketplace to give you advice and guidance to be the sounding board for the Chief Executive of the company.
So-- what is the biggest consideration now? Executive compensation. Let me be clear: it is not so much the level of executive compensation but logic and a cogent argument on setting compensation levels and incentives for the senior level, and calibrating that with the compensation levels all the way down to the administrative levels of any company. Has the board thought out how they are going to pay for performance? And is there valid reasoning behind it? The need for that sort of compensation theory especially at the executive level, has given rise to an entire new business unit within my own company. Honestly, here is the heart of the matter: Board of Directors and Senior Management need to clearly show that they have an independent and objective view of things to ensure that the compensation programs are completely in alignment with shareholder value, with business strategy and best practices in corporate governance. |
| NYMAR: | What advice would you give to someone who is searching for a position in today's environment? |
| Ward: | The fourth quarter the market will turn. Corporate America and our own industry by extension have cut more than necessary as is usually the case. The recovery will be slow and steady but it is coming. It is probably a good thing that the market will not come roaring back, because at present levels, nobody is staffed appropriately to encounter a sharp V curve upturn in demand. |
| NYMAR: | In today's economic climate, what advice are you giving to companies on salary and packages? |
| Ward: |
It's interesting. We are recruiting at the senior level and the mid-management level and the outlook from some employers is: "The market is really in the tank and we should be able to recruit and attract people at compensation levels below or at where they are now, and we may not have to be too compelling with incentive compensation." That's difficult because despite everything, there is a lingering perception on the part of many mid-level executives in the industry (and I am talking about the thirty something's) who don't know any other environmental conditions than expansion and improvement and increasing incentive compensation, and with 100 and 150 percent bonus opportunities on top of their base!
For those folks who have been in the industry longer we know how deeply cyclical it can be, as can incentive portions of compensation schemes. It can be difficult to disabuse some folks of the idea that lean years happen in this industry. |
| NYMAR: | I have to ask: are you seeing a shift in the hiring of women into the maritime industry? |
| Ward: | I think one need only look at the attendance at any maritime event whether it is. CMA, SNAME, Marine Money or others that will prove that the demographics have shifted tremendously toward a representation that is more in line with our population. A sea change, if you will pardon the expression , from what existed even 10 years ago in terms of representation of women in the industry in positions of profit & loss responsibility, general management and other senior levels of leadership within companies in almost every sector. |
| NYMAR: | Do you think this country will ever establish minimum representation of women on Boards, similar to Norway's mandatory 40% female Board composition? |
| Ward: | I don't think that is impossible. I do question that will ever be necessary in the US. The inclusion of diversity at the board level whether that be gender, ethnicity as well as diversity of thought and style and perspective, is well under way in corporate America. Perhaps due in some way to the trans-national nature of our industry, I think that we should be leading the way in pushing the envelope for diversity at the board level. It is not where I think it could be, but I think the market economic forces are in play in the right manner to encourage. |
http://www.dahlmanrose.com/indices
Carnival share sale to raise $250m
Tony Gray - Thursday 13 August 2009
The Arison family is set to raise about $250m from the sale of shares in Carnival, the world's largest cruise shipping group which is led by chairman and chief executive Micky Arison.
Carnival, which operates under a dual listed company structure in New York and London, said that members of the Arison family and certain related entities planned to sell up to 8.5m shares of Carnival Corp stock.
The shares represent about 1% of the total combined voting rights of the Carnival group.
Mr Arison holds, directly and indirectly, up to 5m of the total shares that may be sold through market transactions.
If all 8.5m shares were sold, the Arison family and related entities would remain beneficial owners of about 220m shares, or 28% of the total voting rights.
Carnival said the family were selling for "tax planning, estate planning and diversification purposes".
In New York, Carnival Corp's shares were trading above $30 before the announcement.
The family's intention to sell shares comes after Carnival has, since last autumn, decided to batten down its hatches financially, eschewing dividends in order to conserve its cash.
Last month, the group unveiled an innovative plan to buy back its shares in the US by using proceeds of a fresh issue of 25m shares in Britain.
The cruise company said it would use the sale proceeds from the British offering to repurchase its common stock in the US market at price levels that are equal to or at a discount to the British shares. (Lloyd's List)
Cosco Busan Operator Admits Guilt in Causing Oil Spill
Fleet Mgt. Ltd. Agrees to Pay $10 Million for Pollution and Obstruction Crimes - WASHINGTON, Aug. 13 — Fleet Management Ltd. , a Hong Kong-based ship management firm, pleaded guilty today to a criminal violation of the Oil Pollution Act of 1990 for its role in negligently causing the discharge of more than 50,000 gallons of fuel oil into San Francisco Bay from the Cosco Busan when the vessel struck the San Francisco Bay Bridge in dense fog on Nov. 7, 2007. Fleet Management also pleaded guilty today to felony obstruction of justice and false statement charges for creating false and forged documents after the crash at the direction of shore-based supervisors with an intent to deceive the U.S. Coast Guard.
Bankruptcy judge OKs bonuses at top
Top officers and managers at bankrupt chemical giant LyondellBasell Industries could receive a total of up to $45 million in bonus pay under a program approved Tuesday by a New York bankruptcy judge over the objection of the United Steelworkers union. Under the program, the company will be able to pay the bonuses to 325 officers and managers it has deemed critical to emerging from Chapter 11 if it hits certain financial targets.
Brooklyn's Industrial Waterfront Reactivated with $270 Million Investment from City and State
11,000 new jobs to be created in Sunset Park Waterfront Vision Plan
Construction begins immediately
Located on the Brooklyn waterfront across New York Harbor from Bayonne, NJ and the Kill van Kull, the Sunset Park maritime and industrial hub, developed a century ago, is in a strategic location for commerce and transportation, as seen in the map above prepared by the City. A rail line along 1st Avenue, rail floats at 51st and 65th Streets that connect to the Cross Harbor barge service, and the Bay Ridge Rail line add to the value of the district.
Playing a critical role in the region's economy, Sunset Park businesses employ nearly 20,000 workers. As the Sunset Park Waterfront Vision Plan, issued by the city last month, notes, "An industrial waterfront on this scale in an urban environment is a valuable, scarce resource. "
Summer 2003: Railroad cars filled with cocoa beans are pushed on a car float
by the
Cross Harbor Rail Road from Jersey City to Brooklyn. Photo by Robert Simko/The Broadsheet
On July 20, Mayor Bloomberg and other elected officials unveiled an ambitious series of short-tem and long-term projects to reactivate the industrial waterfront of Sunset Park.
The Sunset Park Waterfront Vision Plan is funded by more than $165 million from the City and $105 million in State, Federal and private funds. The money will be invested in rail and maritime service, freight transportation, infrastructure upgrades and diversifying job opportunities. The plan also incorporates public access and green initiatives.
Specific plans include:
- $80 million to upgrade the South Brooklyn Marine Terminal
- $37 million to build the planned 22-acre Bush Terminal Piers Park
- $8.6 million to upgrade buildings and infrastructure at Bush Terminal
- $9 million to upgrade 1st Avenue infrastructure to allow modern railcars to connect to South Brooklyn Marine Terminal
- 2,000 jobs created in the next two years; 11,000 created in total
- A reduction in regional truck traffic by 70,000 trips
Waterfront Commission Plagued By Abuse and Corruption
The Waterfront Commission of New York Harbor failed in its duty at the Port of New York and New Jersey, allowing "numerous abuses of authority in hiring, supervision and fiscal oversight," according to a report by Inspector General Joseph Fisch.
In a report released today, the Inspector General concluded that former New Jersey Commissioner Michael Madonna, former New York Commissioner Michael Axelrod and former Executive Director Thomas De Maria failed to "adequately or responsibly oversee" operations. The 60-page document details the licensing of a convicted felon, misuse of federal Homeland Security funds and the failure to issue a single permanent license to harbor companies for more than a decade.
"This was a total agency breakdown," Inspector General Fisch said. "Instead of ridding the waterfront of corruption, this agency itself was corrupt. "
The bi-state Waterfront Commission was created in 1953 to deter criminal activity reflected in the classic film "On the Waterfront" and to ensure fair hiring at the Port of New York and New Jersey. Each state appoints one commissioner to the commission, which licenses companies operating in the harbor. The Commission has about 100 employees and an annual budget of more than $11 million.
Inspector General Fisch praised Governor David A. Paterson for appointing Ronald Goldstock as New York Commissioner last year; a move which Fisch said sparked a reformation of the Waterfront Commission. He also commended New Jersey Governor Jon S. Corzine, who, when advised of the Inspector General's findings, fired Commissioner Madonna.
The report concludes that improprieties flourished under Commissioner Madonna and catalogs abuse at the highest levels of management. They include:
Commissioner Madonna
Commissioner Madonna forced unqualified applicants on the police department. He recommended James Sutera, who failed the required test twice, then scored the highest mark ever recorded by an applicant on his third try. Sutera boasted to Commission staff that Madonna had given him the answers, which he then gave to another would-be detective.- Despite an obvious conflict of interest, Commissioner Madonna oversaw employees of the Commission's Police Division while at the same time serving as their bargaining boss for the seven years he was president of the New Jersey State Policemen's Benevolent Association.
- Commissioner Madonna interfered with an internal investigation by ordering the police chief to retract findings. He then punished the whistle blower, a police lieutenant, with a retaliatory transfer from Brooklyn to New Jersey.
- Commissioner Madonna had an employee deliver building materials from the port to his home.
General Counsel Jon Deutsch
- Former General Counsel Jon Deutsch, in direct violation of the Waterfront Commission Act, helped felon Frank Cardaci concoct a scheme to keep his port business despite a federal racketeering conviction for storing illegally diverted international goods in his port warehouse.
- Deutsch, who was "plagued by conflicts of interest," engaged in a series of violations involving the Cernadas family. He leaked confidential information to his friend, Al Cernadas, Jr. He improperly intervened in a police probe of a Cernadas family friend arrested on a weapons charge. And, he took a primary role in an investigation of union official Albert Cernadas, Sr. , his friend's father, before Cernadas, Sr. , was indicted in a contract-steering case.
- Deutsch disguised the drug-related conviction of a longtime acquaintance, Brendan McDermott, to help him get a port job.
Other Officials
- Commissioner Axelrod gave official "police" placards to his wife and a wealthy personal friend with no link to the Commission and kept his placards after leaving his job.
- As stevedore audits lapsed more than a decade behind schedule, Director of Audit and Control Frank Nastasi often kept his door closed, ran a private tax preparation business at work and accessed pornography on his office computer.
- Then-Acting Chief of Police Kevin McGowan regularly diverted two detectives from law enforcement duties in Brooklyn to guard choice parking spots in lower Manhattan for executive staff. In addition, the Waterfront Commission failed to keep track of more than $600,000 in Homeland Security grant money. It used a patrol boat – paid for by a second $170,000 Homeland Security grant – to escort guests and VIPs during Fleet Week and other events. The boat was supposed to be "capable of early detection of a waterborne attack" and used to "deploy officers…at high risk target locations such as the NYC Passenger Ship Terminal, Cape Liberty Cruise Port in Bayonne. "
Shipping
Company Performance Chart (NYSE)
(source: NYSE)
| Symbol | Company Name | Price 7/10 USD | Price 8/11 USD | % Chg | Current Mkt Cap ($mm) | Exchange |
| BOL-FR | Bollore (Financiere de L'Odet) | $97.32 | $114.30 | 17% | $3,993 | EN Paris |
| VPK-NL | Koninklijke Vopak NV | $35.54 | $41.76 | 18% | $3,688 | EN Amsterdam |
| TDW-US | Tidewater Inc | $42.94 | $43.90 | 2% | $2,270 | NYSE |
| FRO-US | Frontline Ltd. | $20.76 | $22.61 | 9% | $1,760 | NYSE |
| KEX-US | Kirby Corporation | $30.83 | $36.65 | 19% | $1,972 | NYSE |
| DSX-US | Diana Shipping, Inc. | $13.21 | $13.03 | -1% | $1,061 | NYSE |
| TK-US | Teekay Corporation | $18.21 | $18.00 | -1% | $1,305 | NYSE |
| NAT-US | Nordic American Tanker | $30.50 | $29.87 | -2% | $1,261 | NYSE |
| SMIT-NL | Smit Internationale NV | $41.95 | $49.23 | 17% | $1,279 | EN Amsterdam |
| GLF-US | Gulfmark Offshore Inc. | $25.35 | $30.29 | 19% | $783 | NYSE |
| ALEX | Alexander & Baldwin, Inc. * | $24.89 | $28.66 | 15% | $1,176 | NYSE |
| ANW-US | Aegean Marine Petroleum Network, Inc. | $15.90 | $18.48 | 16% | $787 | NYSE |
| CMB-BE | Compagnie Maritime Belge | $20.04 | $22.40 | 12% | $1,109 | EN Brussels |
| OSG-US | Overseas Shipholding Group Inc. | $30.29 | $35.46 | 17% | $953 | NYSE |
| EURN-BE | Euronav NV | $11.70 | $13.09 | 12% | $958 | EN Brussels |
| SSW-US | Seaspan Corporation | $5.75 | $6.31 | 10% | $425 | NYSE |
| TGP-US | Teekay Lng Partners L.P. | $19.95 | $22.12 | 11% | $826 | NYSE |
| SAGA-FR | Saga S.A. | $45.96 | $48.00 | 4% | $401 | EN Paris |
| TNP-US | Tsakos Energy Navigation Ltd. | $15.16 | $16.98 | 12% | $627 | NYSE |
| GNK-US | Genco Shipping & Trading Limited | $18.55 | $20.73 | 12% | $657 | NYSE |
| GMR-US | General Maritime Corp. | $8.75 | $8.22 | -6% | $476 | NYSE |
| SFL-US | Ship Finance International Limited | $9.60 | $12.15 | 27% | $910 | NYSE |
| EXM-BE | Exmar NV | $9.72 | $10.39 | 7% | $525 | EN Brussels |
| NNA-US | Navios Maritime Acquisition Corporation* | $9.38 | $9.50 | 1% | $300 | NYSE |
| NM-US | Navios Maritime Holdings Inc. (Marshall Islands) | $3.68 | $4.70 | 28% | $471 | NYSE |
| TOO-US | Teekay Offshore Partners L.P. | $14.39 | $13.97 | -3% | $376 | NYSE |
| DAC-US | Danaos Corporation | $2.96 | $3.60 | 22% | $196 | NYSE |
| KSP-US | K-Sea Transportation Partners L.P. | $19.95 | $19.14 | -4% | $358 | NYSE |
| EXM-US | Excel Maritime Carriers | $6.05 | $7.43 | 23% | $592 | NYSE |
| SB-US | Safe Bulkers, Inc. * | $6.28 | $7.98 | 27% | $435 | NYSE |
| DHT-US | Double Hull Tankers, Inc. | $4.58 | $4.98 | 9% | $240 | NYSE |
| ISH-US | Intl Shipholding Corp. | $25.16 | $28.89 | 15% | $214 | NYSE |
| TNK-US | Teekay Tankers Ltd | $8.94 | $9.43 | 5% | $184 | NYSE |
| NMM-US | Navios Maritime Partners L.P. | $9.16 | $11.51 | 26% | $197 | NYSE |
| HRZ-US | Horizon Lines, Inc. | $3.50 | $4.98 | 42% | $151 | NYSE |
| OSP-US | OSG America L.P. | $6.49 | $8.15 | 26% | $122 | NYSE |
| GSL-US | Global Ship Lease, Inc | $1.60 | $1.51 | -6% | $70 | NYSE |
| CAP-US | CAI International Inc. | $5.35 | $6.55 | 22% | $117 | NYSE |
| ORE-PT | Sociedade Comercial Orey Antunes Sa | $2.65 | $2.30 | -13% | $45 | EN Lisbon |
| BHO-US | B&H Ocean Carriers Ltd | $3.37 | $3.94 | 17% | $22 | NYSE |
| HZV1-BE | Hanzevast CS 1 | $974.99 | $925.00 | -5% | $9 | EN Belgium |
Taste
of NYC | Upcoming Events and Entertainment
Whilst reality shows such as The Real Housewives of New York and fall shows like Gossip Girl continue to show New York off to the visitor we are not sure it is always the best impression that is left with the first time viewer!
We have other much better "stuff" to extol!
The US Open Tennis tournament starts at the end of August www.usopen.org – a popular ticket and indeed many maritime firms make a day trip out of watching the matches. Additionally the Chairman's pick is the New York Yankees www.yankees.com. Tickets are still available as the expected run for the playoffs has just begun.- Fleet Visit of Dutch Ships
September 8
The Buzz — New York visit of two Dutch Naval frigates (HMS Tromp & Van Speijk), as well as replicas of the historic vessels Halve Maen and Onrust, and flat-bottomed boats and super yachts from the Netherlands. The arrival of the Dutch ships and the firing of a salute will launch NY 400 Week. This special week of maritime activities commemorating Henry Hudson's discovery of the river that bears his name leads up to Harbor Day on September 13, 2009. Click here for more info.
- H209 Forum - Water Challenges for Coastal Cities
Liberty Science Center, Jersey City – September 9-10
The Buzz — Two-day international forum commemorating the pioneering spirit of Henry Hudson by bringing today's water experts together with future engineers and managers to explore sustainable solutions to the real challenges facing the Netherlands and the NYC/New Jersey metropolitan region. Cities worldwide stand to benefit from what happens here. It is aimed at exploring innovative and sustainable solutions for the water challengers for the 21st century. Above all, it will focus on cooperation and shared expertise, which together continue to make cities like New York, Amsterdam, and Rotterdam prosperous and dynamic. $995 ($250 for nonprofits). Click here for more info.
- New Island Festival
Governor's Island – September 10
The Buzz — Ten days of the best of Holland: thrilling concerts, exhilarating DJ sets, provocative theatre, stunning site-specific performance and dazzling visual arts, performed by world-class Dutch artists. Part of NY400. All of Governors Island will be the stage for the Dutch, who will utilize the waterfront promenade, historic homes, barracks and open green spaces to re-imagine this Island in the middle of New York Harbor. Highlights of the festival include the return of Director's Ivo van Hove's Toneelgroep Amsterdam (last season's opening night at BAM) and his acclaimed productions of Hedda Gabler and Streetcar Named Desire at New York Theatre Workshop; TUIG's Salto Vitale, an enormous site specific outdoor spectacle that has toured summer festivals all over Europe; and the US premiere of Silent Disco - a joyous dance party where all the participants wear headphones. Portions of the festival are free. Some performances require paid tickets. A festival pass is $35.
Click here for more info.
- New Amsterdam: the Island at the Center of the World
South Street Seaport Museum – September 12
The Buzz — Opening day of a new Quadricentennial exhibition. Objects on view include Henry Hudson's contract with the Dutch East India Company, Peter Schagen's letter documenting the sale of Manhattan and a document of the first laws of lower Manhattan. This exhibition is organized by the Nationaal Archief (National Archives of the Netherlands) and the South Street Seaport Museum. Tuesdays through Sundays. Through January 7, 2009. Admission $10, $8, $5.
Click here for more info.
- NY Harbor Day
September 13
The Buzz — Harbor Day, a grand public event, will be the culmination and high point of the NY400 week. Water will be the overarching theme of the day, with a wide range of activities up and down the Hudson and in New York's waterfront parks. Spectators will be able to watch the events on the water on a giant video screen in the Battery, from stands seating between 7,000 and 10,000 viewers. Visitors will also be able to enjoy the parks and use free NY400 bikes and water taxis. The Harbor Day fleet will include a colorful assortment of historic Dutch and American yachts and sailboats, with 20 Dutch flat-bottomed boats, the replicas of the Halve Maen (the Dutch ship that moored on Manhattan in 1609) and Onrust (the first ship to be built in North America, in 1614), Dutch super yachts and naval vessels. All these ships will sail from New York Harbor up the Hudson, with a spectacular flyover by Dutch F16 fighter jets. There will also be finals of the sailing championships for Flying Dutchman sailboats (see Flying Dutchman sailing race).
Click here for more info.
- Super Boat Grand Prix
September 13, 12pm
The Buzz — Annual powerboat lap race on the Hudson River between the Battery and 14th Street. Click here for more info.
Next month we will showcase more of our city's fall offerings from music and dance to theatre and performance art. All are worthy of your attention!
- newyork.timeout.com/
- www.nycvisit.com
- www.zagats.com
- http://www.ny.com/nightlife/
- http://www.ny.com/museums/
- http://www.allny.com/antiques/auctioneers.htm
- http://www.nytix.com
- http://www.majorleagueevents.com
- http://goingcoastal.wordpress.com
New York State Travel & Tourism To speak with a travel counselor, call during regular business hours (Eastern Standard Time) at 800/CALL-NYS (U.S. , territories, possessions and Canada) or 518/474-4116 (all other areas). http://www.iloveny.com/home.aspx
New
York City Travel & Tourism (NY City & Company)
212-484-1222
NYC 311 - City of New York directory assistance covering events, attractions and other citywide information
- Dial 311 in Manhattan (NYC), Staten Island, Bronx, Queens and Long Island.
- Dial 212-639-9675 outside of Manhattan (NYC), Staten Island, Bronx, Queens and Long Island. This is a toll call.
| Designer: Gayle Erickson Web Master: Christine Olick |
New
York Maritime Inc. /NYMAR P. O. Box 218, 132 East 43rd Street New York, New York 10017 Tel: +718 841-74NY (69) Email: info@nymar.org |
| Remove me from this list | |