Capt. Antonio M. Padrón y Santiago recieves recognition by the Canary Foundation “Correilo La Palma”…

Capt. Antonio M. Padrón y Santiago recieves recognition by the Canary Foundation “Correilo La Palma”…

Capt. Juan P. Morales and Capt. Antonio M. Padron Capt. Antonio M. Padrón y Santiago, “IMO Maritime...
Market losses steam, volatility and uncertainty rules the day…

Market losses steam, volatility and uncertainty rules the day…

John Faraclas The BDI (Baltic Dry Index) closed up just two points since yesterday at 720 which is also...
Diana engages financial advisors to amend its outstanding loan facilities with certain of its lenders

Diana engages financial advisors to amend its outstanding loan facilities with certain of its lenders

DIANA SHIPPING INC. ANNOUNCES THAT IT HAS ENGAGED FINANCIAL ADVISORS TO NEGOTIATE AMENDMENTS TO CERTAIN...
Daily Overview of Global Markets & the SEE Region (Friday, August 26, 2016)

Daily Overview of Global Markets & the SEE Region (Friday, August 26, 2016)

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD...

Hot Port News from GAC

Holidays, Ports & Terminals — August 27, 2016 at 8:08 PM
  27-Aug-2016 WORLD HOLIDAYS: 28 AUGUST-12 SEPTEMBER 2016 Worldwide World Holidays: 28 August-12 September 2016 Saturday, August 27, 2016, Worldwide Public holidays around the world in the coming two weeks include the following: Mon 29 Aug – August Bank Holiday (UK, excluding Scotland) Mon 29 Aug – National Heroes’ Day (Philippines) Tue 30 Aug – Kazakhstan Constiution Day Wed...

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Marine Insurance

Hot Port News from GAC

Hot Port News from GAC
  26-Aug-2016 SEAWALL REPAIR WORKS AT GOLDEN BEACH, TUEN MUN Hong Kong CONDITION WHISKEY SET Port Everglades, USA UPDATED...
Aug 26, 2016 19:58

Shipmanagement

E.R.Capital Holding and Rickmers Holding AG will not pursue the merger…

E.R.Capital Holding and Rickmers Holding AG will not pursue the merger…
Jochen Kloesges E.R. Capital Holding and Rickmers Holding AG will not pursue the merger of their ship management divisions...
Aug 26, 2016 14:04

Organisations

Irene Rosberg leads drive by Nordic Iranian Chamber of Commerce Copenhagen…

Irene Rosberg leads drive by Nordic Iranian Chamber of Commerce Copenhagen…
Irene Rosberg Irene Rosberg leads drive by Nordic Iranian Chamber of Commerce Copenhagen to enhance maritime co-operation...
Aug 16, 2016 15:02

Markets

Market losses steam, volatility and uncertainty rules the day…

Market losses steam, volatility and uncertainty rules the day…
John Faraclas The BDI (Baltic Dry Index) closed up just two points since yesterday at 720 which is also 37 points plus since...
Aug 26, 2016 20:54

Recent

30 years and 500 vessels later, Damen Trading is just getting started

30 years and 500 vessels later,  Damen Trading is just getting started
Damen Trading 30 years Damen Trading’s story begins in 1986, with Damen Shipyards Group responding to growing market demand for used vessels. Since then, Damen Trading has gone on to sell over 500 used vessels, right across the maritime spectrum, developing along the way a reputation for personalised,...
August 26th, 2016 | Anniversaries, Company Profiles, News, Reports, Ship Conversions, Shipbuilding and Shipyards, Shiprepair | Read More

HSH with increased half-year profit – Strong capital ratio and cost discipline

HSH with increased half-year profit – Strong capital ratio and cost discipline
Stefan Ermisch • Core Bank with pre-tax profit of EUR 261 (previous year: 143) million • Increase in group net result after tax to EUR 160 (147) million • EU decision and portfolio transfer to state owners ease balance sheet • Loan loss provisions for shipping still high • Increase in CET1...
August 26th, 2016 | Banking, Finance, Reports, Shipfinance | Read More

ABS Makes it Safer to ‘Walk to Work’

ABS Makes it Safer to ‘Walk to Work’
New Guide addresses advanced crew transfer technologies, providing safety guidance for offshore access gangways. ABS, the leading provider of classification services to the global offshore industry, announces the publication of The ABS Guide for Certification of Offshore Access Gangways. The new...
August 26th, 2016 | Classification Societies, HR, Oil Industry, Oil Platforms and Rigs, Safety and Security | Read More

Still a low dry market with the BDI@718…

Still a low dry market with the BDI@718…
John Faraclas Despite going over and above the 700 threshold the BDI (Baltic Dry Index) we are still in a very low dry market; Geopolitics as said in the past, and shipfinance scandals that will surface, will drive the stakeholders mad. John Faraclas warns of dangers again: With a dozen points plus...
August 25th, 2016 | Bribery and Corruption, Earthquakes, Tsunamis, Cyclones and Typhoons, Events, Conferences,Forums and Symposiums, Exhibitions, Immigration, Maritime Fraud, Markets, Religion, Sanctions, Shipfinance | Read More

Hot Port News from GAC

Hot Port News from GAC
  25-Aug-2016 SOIL INVESTIGATION AT TUAS VIEW EXTENSION Singapore NEW EUROPEAN CONTAINER REPORTING REQUIREMENT European Union Soil investigation at Tuas View Extension Thursday, August 25, 2016, Singapore From 26 August 2016 to 25 February 2017, soil investigation works will...
August 25th, 2016 | Containers, Markets, Ports & Terminals | Read More

WISTA Brazil launched

WISTA Brazil launched
WISTA Brazil: A fact! WISTA Brazil Formed as 36th National WISTA Association Planting Date Trees Leads to a Productive Harvest August 25, 2016 – Karin Orsel, President of the Women’s International Shipping & Trading Association (WISTA) announced the formation of the 36th National WISTA Association...
August 25th, 2016 | HR, News, WISTA - Women in Shipping | Read More

STEALTHGAS INC. reports Q2 2016 financial and operating results

STEALTHGAS INC. reports Q2 2016 financial and operating results
Harry Vafias ATHENS, GREECE, August 25, 2016. STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the second quarter ended June 30,...
August 25th, 2016 | Accountancy, LPG, Shipmanagement, Statistics, Stock Markets, Tankers | Read More

Cadwallader Bebate to connect maritime individuals with networking dinner and drinks

Cadwallader Bebate to connect maritime individuals with networking dinner and drinks
Dr. Aleka Mandaraka- Sheppard The London Shipping Law Centre (LSLC) has underlined its primary aim of bringing together maritime industry representatives  by hosting a networking dinner and drinks reception at this year’s prestigious Cadwallader Debate. This biennial event, organised by the LSLC,...
August 25th, 2016 | Anniversaries, Conferences, Seminars, Forums, Events, HR, Legal, News | Read More

Daily Wealth Letter from The Wealth Forums

Daily Wealth Letter from The Wealth Forums
Ian Brodie Daily Wealth letter a daily synopsis of the wealth news that’s most relevant, timely and dependable Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com) NUMBER 283  THURSDAY,  AUGUST 25, 2016 Pot calls kettle black The US has launched a stinging attack on...
August 25th, 2016 | Reports | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, August 25, 2016)

Daily Overview of Global Markets & the SEE Region (Thursday, August 25, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasuries remained range bound in early trade on Thursday, European bourses opened lower and the USD was little changed ahead of Fed...
August 25th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Foreship establishes Tallinn subsidiary in Baltic expansion

Foreship establishes Tallinn subsidiary in Baltic expansion
Leading naval architect and marine engineering company Foreship has created a wholly-owned subsidiary located in Tallinn to strengthen ties with shipowners, shipyards and marine equipment suppliers in Estonia, and support the development of locally-based design skills. Foreship OÜ will commence operations...
August 25th, 2016 | Company Profiles, HR, Marine Equipment Products and Services, Technical, Technology | Read More

Evergreen Strengthens Indian Subcontinent Network

Evergreen Strengthens Indian Subcontinent Network
August 25, 2016 – In a move designed to significantly enhance its service on the China–Indian Subcontinent trade, Evergreen Line is teaming up with K Line, COSCO, Wan Hai and PIL to offer two new joint services from early September.  Both will provide direct calls at Karachi and Mundra and will...
August 25th, 2016 | Liner Shipping and Trade, Markets | Read More

HANSA HEAVY LIFT transports giant pipe racks for new FPSO unit in Brazil

HANSA HEAVY LIFT transports giant pipe racks for new FPSO unit in Brazil
HANSA HEAVY LIFT has transported five pipe racks and three modules, weighing a total of 1,871.51 metric tonnes and measuring 24,075 m³, for a new floating production storage and offloading (FPSO) unit off the coast of Brazil. Hamburg, Germany, Thursday, 25th August 2016 - HANSA HEAVY LIFT has transported...
August 25th, 2016 | Company Profiles, Energy, Marine Equipment Products and Services, Technical | Read More

New Ideas for the Shipping Industry

New Ideas for the Shipping Industry
Prof. Dr. Orestis Schinas – picture credits Jana Tolle Record Attendance at the International Shipping Conference Hamburg, 24 August: “Let’s meet in Hamburg!” The International Association of Maritime Economists (IAME) held its annual conference in Germany for the first time, hosting a record...
August 25th, 2016 | Academia, Associations, Conferences, Seminars, Forums, HR, Shipfinance, Shipmanagement | Read More

Wärtsilä to supply re-gasification system for Norwegian ship conversion

Wärtsilä to supply re-gasification system for Norwegian ship conversion
Wärtsilä will supply the re-gasification system for an FSRU conversion project that Höegh LNG plans to carry out on a modern LNG vessel. Wärtsilä Corporation, 25 August 2016 at 9.30 am EET – Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage,...
August 25th, 2016 | Energy, LNG, Marine Equipment Products and Services, News, Ship Conversions, Technical, Technology | Read More

It could have been 13 for luck as 706 …dominates the Baltic Indices…

It could have been 13 for luck as 706 …dominates the Baltic Indices…
John Faraclas The BDI surpasses the 700 point mark with fourteen points plus thanks to the Capers; geopolitics continue to be messy. John Faraclas market briefing: At 706 points the BDI, the BPI and  the BSI make …waves! What a coincidence! The Capers, the Baltic’s most volatile index with 49 points...
August 24th, 2016 | Dry Bulkcarriers, Markets, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Capt. Antonio M. Padrón y Santiago visits VB Canarias

Capt. Antonio M. Padrón y Santiago visits VB Canarias
Members of Maritime Authority, Port Authority of Tenerife, Fire Consortium and BOLUDA Company, present at the meeting Capt. Antonio M. Padrón y Santiago, “IMO Maritime Ambassador” and Maritime Authority of Tenerife, visited the tug VB CANARIAS, holding a meeting with representatives of various...
August 24th, 2016 | Associations, Events, HR, Maritime Education and Training, Safety and Security, Salvage, Towage, Wreck Removals | Read More

ITF urges end to anti-union pressure on Turkish workers

ITF urges end to anti-union pressure on Turkish workers
TÜMTIS representative BÜLENT ÖZASLAN, one of two workers still to be reinstated The ITF has urged the Turkish prime minister to intervene urgently to end reported ongoing union busting practices by management at Gazi-Ulaş Transportation – the Gaziantep municipality’s urban transportation company. 24/08/2016...
August 24th, 2016 | Associations, ITF | Read More