IMO: MSC 100 summary
News — December 13, 2018 at 12:51 PMThe Maritime Safety Committee (MSC) completed its landmark 100th session, with progress in the regulatory scoping exercise on maritime autonomous surface ships; approval of revised guidelines on fatigue and further updates on work on goal-based standards, polar shipping and safety issues relating to low-sulphur fuel.
A special session brought in invited speakers who discussed future technologies and the continued...
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Marine Insurance
ECSA welcomes the extension of the EU capacity building mission in Somalia
Martin Dorsman
The European shipowners are pleased with the Council’s decision to extent the mandate of the EU capacity...
Dec 11, 2018 15:20
Shipmanagement
HMRC on panel at MTD events
Invite eminder: Making Tax Digital: HMRC to join panel for January events
With the Making Tax Digital (MTD) April 2019 deadline...
Dec 13, 2018 9:27
Organisations
The BDI@1,353: another mild fall amidst global uncertainty… UK PM Theresa May wins Confidence Vote!!!
John Faraclas. Picture credits George Christakis
The BDI (Baltic Dry Index) 11 points losses were considerably marginal given...
Dec 12, 2018 21:13
Markets
The BDI@1,353: another mild fall amidst global uncertainty… UK PM Theresa May wins Confidence Vote!!!
John Faraclas. Picture credits George Christakis
The BDI (Baltic Dry Index) 11 points losses were considerably marginal given...
Dec 12, 2018 21:13
Recent
Methanol as Fuel
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Weighing in on Methanol as a Marine Fuel
Greetings from Dubai where I was invited to present at a conference entitled “Methanol as a Marine Fuel” produced by Capt. Saleem Alavi’s Sea Commerce. What a fascinating voyage into the opportunities, and challenges, presented by methanol as a bridge...
December 12th, 2018 | Bunkering, Emissions, Environment, Pollution | Read More
Trends for the Ocean Shipping Industry to Watch in 2019
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Navis Identifies Trends to Watch for Ocean Shipping in 2019: Collaboration and Data Standardization, Smart Containers, Trade Wars, Increased IT Spend, Automation Gains, Capacity Management
OAKLAND, CA, December 12, 2018 — Major opportunities are on the horizon for ocean shipping as the rapid...
December 12th, 2018 | Markets, Reports | Read More
Hot Port News from GAC
12-Dec-2018
DREDGING OFF EASTERN ANCHORAGE
Singapore
BIOSECURITY ALERT FOR ASIAN PADDLE CRAB
Western Australia
Dredging off Eastern Anchorage
Wednesday, December 12, 2018, Singapore
The working period for dredging off Eastern Anchorage has been extended. The work will now be conducted from 15 December...
December 12th, 2018 | Port Conditions, Ports & Terminals | Read More
New recognition for hydrographers
The Pearl of Doha in Qatar aerial view
The IMarEST has launched a new hydrography descriptor for its Chartered Marine Scientist register to allow hydrographers to distinguish themselves by using the letters “CMarSci(Hydrography)” after their name.
No such designation has previously existed and the...
December 12th, 2018 | Associations, Awards, IMarEST | Read More
Greece: January – October 2018 State Budget Execution & General Government Budget Arrears
Greece Macro Monitor – Focus Notes (Wednesday, December 12, 2018)
Greece: January – October 2018 State Budget Execution & General Government Budget Arrears
According to the final State Budget Execution data for January – October 2018, the overall fiscal balance registered a surplus...
December 12th, 2018 | Banking, Finance, Reports | Read More
RMT response to today’s Government publication of figures of the number of UK seafarers in the shipping industry
Mick Cash
RATINGS union RMT today responded with scepticism to the Government’s publication of figures for the number of UK seafarers in the shipping industry, based on data produced by the UK Chamber of Shipping.
RMT General Secretary Mick Cash said:
“Today’s figures are helpful in demonstrating,...
December 12th, 2018 | Jobs, Manning - Seafarers and Offshore | Read More
New Hire To Lead MarineTraffic Commercial Focus
Vlassis Papapanagis, new Head of Sales at MarineTraffic
Global shipping intelligence platform MarineTraffic has appointed a new Head of Sales to spearhead an international drive for more enterprise clients in the maritime, insurance, finance and logistics sectors. Vlassis Papapanagis will be based in...
December 12th, 2018 | IT and Communications, Marine Equipment Products and Services | Read More
Daily Overview of Global Markets & the SEE Region (Wednesday, December 12, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: According to press reports, UK Premier Theresa May is likely to face a leadership challenge later today. If she does lose —a simple majority of votes against her by conservative MPs would suffice—an interim leader will have to be...
December 12th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Hempel launches the one-stop coating solution for 60 minutes fire protection
The Lakhta Centre in St. Petersburg was coated with a Hempel PFP solution. Besides protecting the structures from every-day wear and tear in the adverse weather of the gulf of Finland, the coating system ensures the protection of the steel structure in the case of a fire.
Today, world leading...
December 12th, 2018 | Marine Equipment Products and Services, Technology | Read More
LNG carrier Christophe de Margerie loads first cargo from Yamal LNG third train
Christophe de Margerie
On 11 December 2018 the Arctic LNG carrier Christophe de Margerie, owned and operated by Sovcomflot, loaded the first batch of liquefied natural gas (LNG) produced on the third high-tech production line of the Yamal LNG project, at the Port of Sabetta on the Yamal Peninsula.
Dmitry...
December 12th, 2018 | LNG | Read More
IMCA publishes its latest DP station keeping bulletin
Andy Goldsmith
The IMCA DP Station Keeping Bulletin is the 4th this year
The Bulletin proves to be invaluable to DP crew
The International Marine Contractors Association’s (IMCA) has published its latest Dynamic Positioning (DP) Station Keeping Bulletin. Published quarterly, the Bulletin is a reliable...
December 12th, 2018 | Associations, Technology | Read More
India must regain investor trust
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Second RBI chief quits amid autonomy clash with government
By Meghnad Desai in London
Tuesday 11 December 2018
Urjit Patel’s resignation as governor of the Reserve Bank of India echoes what his predecessor, Raghuram Rajan, did a little more than two years ago. India’s government is...
December 11th, 2018 | Banking, Finance | Read More
Lords to debate report on off-site manufacture for construction
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The House of Lords will tomorrow, Wednesday 12th December, debate the Science and Technology Committee’s report “Off-site manufacture for construction: building for change.
Among those listed to speak are several members of the Committee including Lord Fox, Liberal Democrat Lords Spokesperson...
December 11th, 2018 | Conferences, Seminars, Forums, Construction, News | Read More
Diana fixes panamax bulker “Ismene” on period to Koch
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACT FOR M/V ISMENE WITH KOCH
ATHENS, GREECE, December 11, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned...
December 11th, 2018 | Chartering, Company Profiles, Dry Bulkcarriers, Markets, News, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Tuesday, December 11, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Acknowledging that her government would have faced a heavy defeat, UK Prime Minister Theresa May cancelled the vote in the House of Commons on her proposed Withdrawal Agreement and Political Declaration, which was scheduled for today....
December 11th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Changes to the composition of the OBX Index from 27 December 2018
News from Oslo Børs
11/12/2018 – Oslo Børs has performed the semi-annual revision of the composition of the OBX Index, which consists of the 25 most traded shares at Oslo Børs. From 27 December 2018, NEL (NEL) and BW Offshore Limited (BWO) will be added to the index, while Norwegian Finans Holding...
December 11th, 2018 | Markets, Statistics, Stock Markets | Read More
Brexit tumult recalls Black Wednesday, Global financial stability roundtable
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Commentary: Brexit tumult recalls Black Wednesday
By Trevor Greetham in London
The UK is in a fast-changing situation with much at stake. The degree of uncertainty over the future path of government policy on Brexit calls to mind the days running up to Black Wednesday in September 1992, when the UK...
December 11th, 2018 | Banking, Comment, Conferences, Seminars, Forums, Finance | Read More
Lloyd’s List Greek Shipping Awards 2018
All Winners
THE WINNERS
Platsidakis, Palios, Frangou and Kassidokostas-Latsis
win awards in front of over 1,000 at annual shipping gala
– Contships, Euronav, Seajets, Signal Ocean Platform among others honoured –
Intercargo chairman John Platsidakis was named Greek Shipping Personality of...
December 10th, 2018 | Awards, Events, Conferences,Forums and Symposiums, HR, Person Profiles, Press and Media | Read More
NAMEPA Teams Up with Cal Maritime for Emission Forum
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What’s in YOUR Stack?
An industry forum on the rapidly changing “airscape” for ship emissions
December 11, 2018 – A complimentary industry forum will be hosted by California State University Maritime Academy (Cal Maritime) and the North American Marine Environment Protection Association...
December 10th, 2018 | Associations, Emissions, Environment, Events, Conferences,Forums and Symposiums | Read More
