Displaying items by tag: Glenn Murphy
Glenn Murphy FICS has been elected chairman of the Institute of Chartered Shipbrokers Ireland at its 44th annual general meeting in Dublin last Thursday (25 October).
He replaces outgoing chairman Sean McCabe FICS, who served for the previous two years.
Murphy is managing director of Irish Shipbroking & Chartering Ltd. A fellow of the Institute of Chartered Shipbrokers, he has a Master’s degree in Economics and Policy Studies from Trinity College Dublin.
Speaking at the AGM, Murphy said: “I am extremely honoured to take on the role in an industry that I have dedicated the last 30 years of my career to.”
Commenting on the priorities for the institute during his term, he said: “The ongoing uncertainty surrounding Brexit presents one of the single greatest challenges to the stability of the sector.
“The Institute of Chartered Shipbrokers in Ireland is an all-island body with practicing members both in the North and South of the island. So many of our members are potentially exposed to major disruption to their day to day business, in particular the companies that are routing vessels and cargo, including transit cargo from outside of the European Union, to and from ports in the United Kingdom.
“We will continue to engage closely with the various stakeholders, including relevant Government departments during this critical phase.”
Discussing the institute’s role in education of its members, Murphy said: “The institute’s internationally recognised professional education and training continues to grow each year. Shipping is generally regarded as a high-risk industry and with the current global economic uncertainty our members and their clients are likely to be tested further.
“Nonetheless I’m confident that given their experience and past training and qualifications in specialist areas such as legal principles and law for carriage of goods by sea, maritime economics and international trade, which includes impacts of tariffs and barriers as well as customs, that I have no doubt our members are well prepared to deal with the challenges ahead whatever they might be.”
Speaking at the ceremony Mr. Murphy commented: "d'Amico Group are one of a leading number of firms that are driving investment in this sector in Ireland which is contributing to new employment and growth opportunities".
Entry of the new dry-bulkers marks another important chapter in the d'Amico Group's development since it established its Irish office in 2002, as the vessels are managed from its Dublin office under the Irish Tonnage Tax (ITT) regime.
Four more newbuilds are under construction in Korea, scheduled for delivery in 2012, and two under construction in Japan which are due in 2013. The latter ships represent a further investment in excess of US $310 million to the Italian company that began and grew as a family business in 1936.