10 October 2013

'INTERNATIONAL DRY BULK FREIGHT INDEX ASSOCIATION ( IDBFIA) ' - ( S.T.I.C 'S GENERAL CIRCULAR 10 OCTOB, '013)

Dear friends,colleagues,associates and clients,

(IDBFIA)
INTERNATIONAL DRY BULK FREIGHT INDEX ASSOCIATION.
" THE EMPIRICAL EVIDENCE"
by Mr. Anastasios Maraslis
President/Director

Under the prevailing market adversities (Tonnage over capacity, world trade slow down, economic instability and political upheaval)
one has many reasons to observe more carefully, to think and base his DECISIONS ON EMPIRICAL EVIDENCE and NOT ON OPINIONS,
REPORTS AND OTHER BIAS.
To succeed, one has to re adjust his 'ideas' in changes, quickly, by constant updating, renewing, re thinking, ANALYTICALLY,before deciding.
Although the analytical process is, too often, time consuming, the result is worthwhile the effort, why, because it adds value to your company and
your personal 'assets' or resources.

'Effort is productive and post survival. Comfort is for recreation not for business related decisions'.
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There are no quick fixes to success, especially in adverse business environments, like the one we are experiencing today!
Organizing and producing is the constant which must be religiously applied at work daily.

In good, prosperous freight markets a bad decision is easily forgotten and any losses derived from it are set off by the next voyage's profitable
income returns. Having said that, as an example, to compare with a highly competitive market, where one bad decision might result in great losses,
weakening a company's cash flow stability and future.

To make the right decisions one has to be prepared to run the extra mile and get what is required through private research and empirical evidence;
otherwise he is risking failure, making wrong decisions based EFFORTLESSLY on OTHER PEOPLE OPINIONS OR BIAS!

-EMPIRICAL EVIDENCE is where we, here at S.T.I.C, base our work and decisions, ONLY.
-EMPIRICAL EVIDENCE is what we provide to our loyal clientele and close supporting associates.
-EMPIRICAL EVIDENCE is what we seek in our research and observations.

-You are invited to share YOUR EMPIRICAL EVIDENCE with ours, and others, IN an ASSOCIATION for complimenting and updating
the NEW, INDEPENDENT and RELIABLE MUTUAL SOURCE OF EMPIRICAL FIXTURES INFORMATION - THE IDBFIA!
-THE (IDBFIA) INTERNATIONAL DRY BULK FREIGHT INDEX ASSOCIATION is not based on bias or opinions but STRICTLY on EMPIRICAL
EVIDENCE (cp fixtures/fixture notes) harvested DAILY, from the International spot freight market, by associated brokers,owners and charterers .
-The IDBFIA is open ONLY to its ASSOCIATED MEMBERS, AS A MUTUAL POOL OF INFORMATION.

HAVE -THE BENEFITS: 'peace of mind', 'confidence of what are the prevailing rates at each time', 'control of your work',
'work is more enjoyable', 'better budget control and profitability', 'save time/less hustle', 'being cause'.

-Share with us your fixing details and rates becoming a co founding member in the IDBFIA pool of empirical evident information. Send
your messages at; consultancy@eshipownerstrust.com Cc; chartering@eshipownerstrust.com.

Sincerely yours,

S.T.I.C
Anastasios Maraslis
President/Director.

SHIPOWNERS TRUST INTERNATIONAL CORPORATION
S.T.I.C
Shipping & Trading
SHIP OPERATION/CHARTERING /S&P / TRADING.
www.eshipownerstrust.com
S.T.I.C BUILDING - 3, VOUDOURI STR.,- PIRAEUS 185 37 -GREECE.
+30 210 4529500 (TEL), +30 210 4529505 (FAX)

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