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A Brand New GBTA

August 18, 2022

The Global Business Travel Association (GBTA) ushered in a new era for its members at its annual convention in San Diego with the launch of a new look, new logo and new tagline.

In the closing session, Yesterday in San Diego at the GBTA Convention 2022, GBTA ushered in a new era for its members, partners, and the industry. This came to life on the closing Main Stage session, GBTA Board and Staff members joined Suzanne Neufang, CEO, and Denise Truso, Board President, onstage to unveil the association’s new GBTA look, logo and tagline – Many Voices, One Purpose – with a focus on Community, Learning and Advocacy.

Suzanne Neufang, CEO, GBTA, said that: “In the past 9 months, we at GBTA have been thinking about who we are – our brand, our promise to you – and how in a world where everything is now different, we too need to evolve … to deliver full value to our members and to the global business travel community. The time is right for transformation.”

The new brand marks the beginning of the next chapter of GBTA. Through engaging its many voices, GBTA will continue to bring the global business travel industry together so members can learn from and inspire one another, develop as businesses and as individuals, represent common interests, and collectively move the industry forward.

The foundational pillars of GBTA remain steadfast: Community, Learning, and Advocacy – but reimagined with fresh focus for the future.

As well, the association announced it will be giving out 500 free memberships which recipients will be able to use themselves or pay it forward as a nomination for someone else who may not otherwise be able to join

Nominations will begin September – watch for more details to come on  www.gbta.org .

Said Neufang: “As we undertake this journey and adapt to the dynamic changes in our industry, we hope you will continue to travel with us to build our collective future.”

NYC Tourism’s CMO Nancy Mammana named interim CEO

One Caribbean Canada launches new Caribbean tourism group

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About the BTA

OUR CORNERSTONES

We raise the profile of the vital role business travel plays in the broader economy .

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Promoting business travel as an investment, commercial strategy and driver of economic growth. Ensuring fairness, transparency and a competitive market place across all industry sectors.

Bringing together and supporting our members, partners and industry stakeholders to deliver solutions to cross-industry issues and market changes.

Driving the responsible development and sustainability of the industry, through nurturing talent, embracing new technology and inspiring the next generation of business travel leaders.

Championing professional standards, best practice service delivery, duty of care and traveller wellbeing.

The BTA is a not for profit membership and partners organisation. Established in 1967 it is a company limited by guarantee with no share capital.

The BTA is governed by its Executive Board, of fourteen individual TMC's comprising a broad representation of our membership.

"You guys have done a brilliant job in updating us on so many industry issues at the moment, without the BTA we would be blind to so much information! Even my legal person said the other day, we would be lost without all this information".

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WTC Moscow - The Best Congress Center in Russia!

MOSCOW, RUSSIA - On September 29, 2016, World Trade Center Moscow received a Russian Business Travel & MICE Award 2016 in nomination “The best congress centre in Russia”.

In 2016, the Russian Business Travel & MICE Award saw its seventh edition.

According to the results of open online voting, winners in 16 nominations were chosen by a reputable expert panel composed of experts of the tourism industry, administrative directors of major Russian and international companies and corporations from various business areas - active customers of business travel services and MICE events. Vice president of the Russian CCI Mr. Vladimir Dmitriyev chaired the Award Expert Council this year.

“I want to thank everyone who supported us. As it was already said, having such a mark of quality is really important in congress activities. We will continue to maintain the highest standards, reassuring you again and again that we are the best”, - stressed the Director of WTC Moscow’s Department of Congress Activities and New Businesses Development Mrs. Daria Salamatova.

The awards and diplomas were presented by heads and official representatives of such organizations, as the Ministry of Culture of the Russian Federation, Federal Agency for Tourism of the Russian Federation, Russian Railways, MIG Corporation, MTS, Skolkovo Foundation, the Federal Service for Financial and Budgetary Supervision, the press-service of the Department of economic policy and development of the city of Moscow and other.

The Business Travel magazine, Internet portal Conference.ru and the Chamber of Commerce and Industry of the Russian Federation are the founders of the Russian Business Travel & MICE Award. The award ceremony was organized by TB Events company with the support of the Federal Agency for Tourism (Rosturizm).

To view the original article, please click on the source link below. 

Here's who could be responsible for paying for the Baltimore bridge disaster

• The Francis Scott Key Bridge in Baltimore collapsed after a container ship collided with it.
• Several entities could be on the hook to foot the bill in the aftermath of the disaster.
• The maritime insurance industry will likely be saddled with the highest costs. 

The Francis Scott Key Bridge in Baltimore collapsed on Tuesday after a large container ship ran into it, leading to six presumed deaths and millions of dollars in possible damage.

It's still too early to estimate the total economic impact of the disaster, but between the cost of rebuilding the decades-old bridge, compensating the victims' families , and paying out damages for disruptions to the supply chain, the eventual cost of the disaster is expected to be significant.

Who will pay to rebuild the bridge?

President Joe Biden said on Tuesday the federal government should be responsible for paying to reconstruct the damaged Francis Scott Key Bridge.

"It is my intention that the federal government will pay for the entire cost of reconstructing that bridge, and I expect Congress to support my effort," Biden said.

The bridge was built in the 1970s for about $60 million, but the cost of rebuilding it could be 10 times its original price tag, an engineering expert told Sky News. 

Baltimore is among the busiest ports in the nation , with more than a million shipping containers passing through each year. The collapse — which closed the port to all maritime and most road traffic until further notice — is already beginning to wreak havoc on the supply chain.

The cost of building the bridge back fast enough to offset diversions as much as possible could saddle the government with a more than $600 million bill, David MacKenzie, the chair of the engineering and architecture consultancy COWIfonden, told Sky News.

Who will pay for damages to the ship and its cargo?

The container ship, the Dali , is owned by a Singapore-based firm. The ship's charterer, Maersk, confirmed to Business Insider that vessel company Synergy Group operates the ship. 

However, the companies with cargo aboard the Dali could ultimately be responsible for some of the ship's damages and cargo costs, according to Ryan Petersen , the CEO of the supply-chain-logistics company Flexport, which had two containers on the ship.

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The Dali was carrying 330 containers that must now be rerouted, Petersen said in an X thread.

An ancient maritime law known as " general average " dictates that companies with even a single container aboard a ship split certain damages pro rata based on the number of containers they had on board, ensuring all the stakeholders benefiting from the voyage are splitting the risk, Petersen said.

General average situations can occur when a ship is stranded or when cargo is damaged or thrown overboard to save the vessel, according to Flexport . The concept helps ensure that all parties who have a vested interest in the vessel share the cost and concern of protecting it.

It's too soon to know whether damages incurred to free the Dali in the coming days will qualify as a case of general average.

Who will pay for everything else?

The majority of the financial fallout is likely to lay primarily with the insurance industry, according to media reports.

Industry experts told the Financial Times that insurers could pay out losses for bridge damage, port disruption, and any loss of life.

The collapse could drive "one of the largest claims ever to hit the marine (re)insurance market," John Miklus, the president of the American Institute of Marine Underwriters, told Insurance Business.

He told the outlet that the loss of revenue from tolls while the bridge is being rebuilt will be expensive, as will any liability claims from deaths or injuries.

The Dali is covered by the Britannia Steam Ship Insurance Association Ltd., known as Britannia P&I Club, according to S&P Global Market Intelligence.

In a statement to Business Insider, Britannia said it was "working closely with the ship manager and relevant authorities to establish the facts and to help ensure that this situation is dealt with quickly and professionally."

Britannia is one of 12 mutual insurers included in the International Group of P&I Clubs, which maintains more than $3 billion of reinsurance cover, sources familiar with the matter told Insurance Business.

Britannia itself is liable for the first $10 million in damages, both FT and Insurance Business reported. Whatever remains is dealt with by the wider mutual insurance group and Lloyd's of London, a reinsurance market in the UK, the FT reported.

Update: March 28, 2024 — This story has been updated to include additional information about general average and clarify that it is too soon to know whether general average will apply in the case of the Dali.

Watch: The container ship that destroyed the Francis Scott Key Bridge has crashed before

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