“Dynasties of the Sea” Continues to Make Waves

I continue to be amazed at how “Dynasties” has been picked up around the world. Two days in a row the book has been referenced on the relevancy the book has today since it’s November release.

At a time where political indecision and the blame game and pr campaign to blame the other party is the status quo, a reader posted on <a href="” target=”_blank”>Ships Nostalgia’s discussion board my favorite leadership quote on the need for politicians to rise above, put politics aside and make the right decisions because they are right for the country. Washington, are you listening?

Today, a reader from Mexico tweeted out a blog on his assessment of the book. I translated it below 🙂 As a journalist it’s my goal to give reader’s access to some of the world’s most interesting business leaders. It’s a literary journey I’m glad people are enjoying 🙂

Blog finance Mexico
Business issues in Mexico

Promise is a debt, and although quite late, I share my review on Dynasties of the Lori Ann LaRocco to be. The Shipping industry is responsible for 95% of world trade. As a consequence, economic growth is strong mind linked the ability of different types of boats to move raw materials and finished goods from one side of the world to the other. It is estimated that the annual value of goods transported by sea to reach $1 trillion USD distributed in 9 billion tons of cargo. The intention is to present this time an overview. In the following entries, I will speak in more detail different companies which is discussed in the same.——Dynasties of the Lori Ann LaRocco is represents a valuable compilation about the vision and strategy of the leaders of the global maritime industry-related businesses. The exhibition includes from the owners of the boats, through financial institutions that support them, and to the companies that provide the operation through the capital human. The profile of respondents includes entrepreneurs that they created a million-dollar business from scratch, heirs of multinational and financial empires that have supported industry through traditional schemes (Bank loans) and innovative (private equity), representing banks and investment funds.The contributions of the people interviewed in the book are definitely appropriate, technically correct and relevant to any person who is related to the marine industry. Of course comments are very executives with trends to the macro of business, does not however diminish les nowhere transcendence. The common denominator of the contributions could be summed up in the following principles: it is a long-term business, called supply and demand, acknowledges the cyclical business: sell high, buy in the low, people are the most important asset, invests in the management team, not you fall in love with your ships, works hard and interact with the environment.Some of the representative industry thoughts are Martin Stopford, Director of Clarkson Research “Shipping is like poker.” “Rules are simple, but is very difficult to win”, as well as the quote from Jim Tisch, Loews Corporation “would how do you make a small fortune in shipping? “Start with a big one”. In other words, is an industry difficult and demanding, but with an addictive quality, which causes its members to establish a personal relationship with the same cause to remain in the good and the bad.The only contribution that I believe that it is timely, that operation marina is full of inefficiencies and imponderables – often caused by the arrogance of the perpetrators and actors leading-nowhere in the book reflects this fact. I think that it is strategy, not by ignorance of the interviewees. It is a thankless operation without a doubt, however as mentioned by Matt McCleery (attributed to Bill Crawfors), “there is only one way out [of the shipping industry]… feet first”.


Author: loriannlarocco

I am the author of "Dynasties of the Sea: The Untold Stories of teh Postwar Shipping Pioneers", "Opportunity Knocking: Lessons from Business Leaders", "Thriving in the New Economy" and "Dynasties of the Sea: The Shipowners and Financiers Who Expanded the Era of Free Trade". I'm also the Senior Talent Producer at CNBC, and known as the producer with the trillion dollar Rolodex

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