Why The Middle East Matters More Than Ever: Denis Bandura On 25 Years At BBC Chartering

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Why is the Middle East becoming a self-sustaining industrial force?

Denis Bandura 0:00
the lack of tonnage especially lack of capable tonnage a proper heavy lifting tonnage it's not such a bad thing the globalization that we knew since 70s and 80s is not as straight anymore it has done a lot of turns and left right and up and down as well i see our region here as a is a very good example they basically stop needing the global influence anymore
Luke King 0:26
Welcome back to Project Cargo Professionals. We are in Dubai for Voices of Break Bolt Middle East and today I am with Dennis Bandura from BBC Chartering. Dennis, how are you?
Denis Bandura 0:35
Hi, good. Good luck, yeah. Pleasure. Pleasure to be here.
Luke King 0:38
Same for me. And very impressive that you are the longest continually serving member of BBC Chartering.
Denis Bandura 0:44
I don't know if it's impressive or not. Definitely not orthodox as per the youth's liking today.
Luke King 0:51
Tell us how long you've been there.
Denis Bandura 0:53
Well, I joined end of 99 with all this. I kind of started fully January 2000. And yeah, that's been my journey here with BBC.
Luke King 1:08
So half your life I read.
Denis Bandura 1:10
Pretty much, yeah. Pretty much, yeah.
Luke King 1:13
So it's quite unusual in this business for people to stay in a company so long. Why do you think you've stayed at BBC?
Denis Bandura 1:18
I don't know. People ask these questions a lot. I just honestly don't know, but I've been comfortable. I mean, the company's greatest place to be. You know, we have this internal system when they just send you the notification that you've been here 15 years, 20 years, 10 years, 25 years.
Luke King 1:36
You just keep getting them.
Denis Bandura 1:37
Right. And the answers are like, oh, look, these people stay in a company for so long. Honestly, I just know companies take care of us. We like what we do.
Luke King 1:49
So you're from Ukraine, now living in Dubai, running the show here in Dubai. Tell us about your early career, how you got started in the business.
Denis Bandura 1:57
Well, I was on, uh, I was, uh, supposed to be sailing longer than I did. Uh, I ended up with six, seven years. I made it to the second mate and, um, then just started short career, did some ship rocking, um, ships, uh, management, operation agency and so on. And then I just got, um, a CV to BBC and they said, yeah, so.
Luke King 2:24
So you started in Lear.
Denis Bandura 2:25
Yeah, with BBC, yes.

How has globalization impacted the Middle East and India?

Luke King 2:28
And what are the major differences that you found working in Europe compared to running things here?
Denis Bandura 2:34
Oh, that's been the life story, I think. I mean... here we are sort of chaotic in a sense disorganized you need to be able to find some gold and a lot of mud whereas Europe is I don't know I mean it used to be back in the day when I was there more structured more you know clearer transparent things were more complicated on the paper side not on the
Luke King 3:13
people's interaction side which is opposite here there's no paper here it's all about people talking to people yeah so that's a major difference i think so let's get into the middle east then you've only got to look at breakbook middle east see how much that's grown how busy it is um it is a good market maybe not as good as it was a couple of years ago but what's driving all the the growth and the activity from your perspective i think um
Denis Bandura 3:39
the gulf countries over at least my time that i've been here i've done a decent job diversifying the economies and pushing into the industrialization of them pushing into finer products producing and so on Again, pulling in a lot of industries, businesses that end up producing more and more. I don't think they even wanted, when they started, to be the world leader. with the cheaper labor in the area, with the more or less sort of simple bureaucratic kind of system that they have here to start the business and so on, they've made it quite well. So they've diversified and made it to be one of the centers in some sense of several industries, some industries.
Luke King 4:49
And tell us about globalization and how that looks from here. What changes you've seen recently?
Denis Bandura 4:55
I mean, we've got like what? about six seven years of everything with covid ups and downs with a bad market then the good market at the end and stabilizing market in between and then we've got a lot of political and um the political challenges that we've seen the middle east is the the actually the epicenter of of this you know we've that this place has always had some issues with uh

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