Daily Overview of Global Markets & the SEE Region (Friday, April 28, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, April 28, 2017)

Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC...
Lloyd’s Register (LR) works with its clients to unlock the value in their data

Lloyd’s Register (LR) works with its clients to unlock the value in their data

Singapore At Singapore Maritime Week, 22 – 28 April, LR launched their Marine Analytics service with...
Falling Markets and dangerous Geopolitics

Falling Markets and dangerous Geopolitics

John Faraclas The fall continued today both for the Dry and the Wets; the BDI (Baltic Dry Index) lost...
Wilhelmsen acquires Drew Marine Technical Solutions

Wilhelmsen acquires Drew Marine Technical Solutions

Thomas Wilhelmsen “This acquisition offers a unique opportunity to enhance the scale and geographic...

More of the same but better: the new LMAA Terms 2017, April 2017

Arbiitration, Legal — April 28, 2017 at 1:49 PM
Baptiste Weijburg, Senior Associate at HFW LLP The LMAA Terms 2017 (the 2017 Terms) come into force on 1 May 2017. The LMAA committee have taken a light touch approach to adapting the 2012 Terms and the changes highlight the LMAA’s continuing efforts to target efficiency and cost-effectiveness, while keeping the key features which have maintained the popularity of LMAA arbitration in the maritime industry. Tribunal...

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Marine Insurance

DNV GL launches new PSC Planner application

DNV GL launches new PSC Planner application
Claudia Ohlmeier, Group Leader Port State Control, DNV GL – Maritime. Singapore, 26 April 2017: Classification society...
Apr 26, 2017 13:52

Shipmanagement

“K” Line: Financial Highlights for FY2016

“K” Line: Financial Highlights for FY2016
Following  from “K” Line and distributed Portcare International Ltd: Please be advised that we, “K”...
Apr 28, 2017 11:47

Organisations

London voted world’s top maritime financial city

London voted world’s top maritime financial city
London has been voted the world’s leading financial maritime city, according to a report published by Menon Economics. The...
Apr 26, 2017 10:24

Markets

China’s largest semi-submersible sets new records for COSCO

China’s largest semi-submersible sets new records for COSCO
The world’s second-largest semi-submersible vessel Xin Guang Hua, On February 25, the 100,000 dwt semi-submersible vessel...
Apr 28, 2017 12:05

Recent

“K” Line: Financial Highlights for FY2016

“K” Line: Financial Highlights for FY2016
Following  from “K” Line and distributed Portcare International Ltd: Please be advised that we, “K” Line Tokyo Head Office, published the following press release today. Please click the following addresses to read our reports. ・Financial Highlights for FY2016 http://www.kline.co.jp/en/ir/library/bs/__icsFiles/afieldfile/2017/04/28/fh2016_4con_e_final_1.pdf ・Differences...
April 28th, 2017 | Accountancy, Company Profiles, Liner Shipping and Trade | Read More

“K” Line: Changes of Directors and Audit & Supervisory Board Member Change of Executive Officers

“K” Line: Changes of Directors and Audit & Supervisory Board Member  Change of Executive Officers
.. Kawasaki Kisen Kaisha, Ltd. (“K” Line) has decided during board meeting held today on changes of Executive Officers as per the attached announcements… Viewers can log herebelow in the attached PDF’s and read same: 170428 Change of Executive Officers    and 170428 Changes of Directors...
April 28th, 2017 | Company Profiles, Liner Shipping and Trade, Person Profiles, Reports | Read More

Hot Port News from GAC

Hot Port News from GAC
27-Apr-2017 COLLISION OFF BOSPHORUS Turkish Straits, Turkey Collision off Bosphorus Thursday, April 27, 2017, Turkish Straits, Turkey At 11.45 hours local time today, a Togo-flagged vessel and a Russian Navy Vessel collided 17 miles of Bosphorus, due to fog and low visibility. As...
April 27th, 2017 | Canals, Inland Waterways, Port Conditions, Ports & Terminals | Read More

IACS Publishes Inaugural Annual Review

IACS Publishes Inaugural Annual Review
Robert Ashdown Leadership, performance and transparency at the heart of IACS’ Annual Review. The International Association of Classification Societies (IACS) has published its inaugural Annual Review, detailing the activities and specific tasks it undertook and completed in 2016. IACS’ technical...
April 27th, 2017 | Associations, Classification Societies, IACS, Reports | Read More

SCF Group recognized at 2016 Marine Money awards for USD 750-million Eurobond issue

SCF Group recognized at 2016 Marine Money awards for USD 750-million Eurobond issue
Nikolay Kolesnikov – Executive Vice-President of PAO Sovcomflot, Chief Financial Officer Marine Money, an international maritime finance publication, has awarded SCF Group in its annual industry awards for 2016: SCF’s USD 750 million 7-year bond offering has been named ‘Institutional Debt Deal...
April 27th, 2017 | Awards, News, Shipfinance | Read More

duisport-Shuttle to JadeWeserPort

duisport-Shuttle to JadeWeserPort
  Erich Staake Duisburg, 27.04.2017 – Duisburger Hafen AG (duisport) is expanding its rail freight volume. The Port’s own rail company duisport rail will run one container train weekly between the Port of Duisburg and the container terminal of the JadeWeserPort in Wilhelmshaven as of...
April 27th, 2017 | Logistics, Ports & Terminals, Rail | Read More

One of biggest Russian ports, Port of Ust-Luga, raised its safety

One of biggest Russian ports, Port of Ust-Luga, raised its safety
The “Chernaya Barabulka” Port fleet of Baltic Sea Tug Agency (Port of Ust-Luga, Russia) expanded with two new tugboats Baltic Sea Tug Agency (BSTA LLC, commercial sea port of Ust-Luga) has put into operation two new tugboats, Kizhuch and Chernaya Barabulka, today, 26 April 2017, reports...
April 27th, 2017 | Port Conditions, Ports & Terminals | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, April 27, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, April 27, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was modestly weaker and US Treasuries gained some ground in European trade, in reaction to the lack of details in the US administration’s tax...
April 27th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Thuraya takes off with inflight connectivity

Thuraya takes off with inflight connectivity
“Thuraya Aero” enables applications such as SAR, ISR, telemedicine, office-in-the-sky and border surveillance DUBAI, UAE, 26 April, 2017 – Leading Mobile Satellite Service operator, Thuraya Telecommunications Company, has announced the launch of Thuraya AERO, a satellite communication service that...
April 27th, 2017 | Aviation, IT and Communications, Marine Equipment Products and Services | Read More

GEODIS tests the Com’hand System, developed by the start-up Siatech, for controlling lifting machinery

GEODIS tests the Com’hand System, developed by the start-up Siatech, for controlling lifting machinery
GEODIS is testing the Com’hand system, which offers intuitive control capabilities for lifting and handling machinery, at a manufacturing site of Saint-Gobain. The innovative system has been developed by the technology start-up company Siatech and initial tests within a live logistics environment began...
April 27th, 2017 | Logistics, Marine Equipment Products and Services, Taxation, Technical | Read More

Save 25% fuel and eliminate blackouts…. Meet Optixmarine at Nor-shipping

Save 25% fuel and eliminate blackouts…. Meet Optixmarine at Nor-shipping
SAVE 25% FUEL & ELIMINATE BLACKOUTS The gearbox OptixDrive enable main engines to run on variable (optimum) rpm instead of fixed rpm Saving up to 700 ton fuel annually per vessel Lowering emissions of CO2, NOx & SOx Eliminating 95% of all “blackouts” onboard MEET...
April 27th, 2017 | Events, Conferences,Forums and Symposiums, Exhibitions, Marine Equipment Products and Services | Read More

Trump: The First One Hundred Days

Trump: The First One Hundred Days
Metamorphoses of President Trump US president running into contradictions and dangers Whatever may come of Donald Trump’s economic programme, it doesn’t seem likely to become reality any time soon. The new president, in office for 100 days on 29 April – offering what Steven Mnuchin, his Treasury...
April 27th, 2017 | Events, Conferences,Forums and Symposiums | Read More

Inaugural Automechanika Ho Chi Minh City is resounding success

Inaugural Automechanika Ho Chi Minh City is resounding success
… Vietnam is next big hotspot for automotive industry and aftermarket in ASEAN region Exhibitors and visitors pleased with new show, location and automotive market The first edition and Vietnam’s leading regional trade fair for the automotive service industry, Automechanika Ho Chi Minh City,...
April 27th, 2017 | Automobiles, Events, Conferences,Forums and Symposiums, Exhibitions | Read More

ABB and IBM partner in industrial artificial intelligence solutions

ABB and IBM partner in industrial artificial intelligence solutions
Combining ABB Ability™ and IBM Watson for superior customer value ABB and IBM (NYSE: IBM) has announced a strategic collaboration that brings together ABB’s industry leading digital offering, ABB Ability, with IBM Watson Internet of Things cognitive capabilities to unlock new value for customers...
April 27th, 2017 | IT and Communications, Marine Equipment Products and Services | Read More

Caution with the BDI, the Wets and Geopolitics

Caution with the BDI, the Wets and Geopolitics
John Faraclas Controlled losses brought the BDI down to 1,147 points – minus 7, the wets also suffered minor losses and geopolitics become a liability for all; John Faraclas’ mid week briefing: The Capers proved that volatility is the name and the BCI 2014 gained 23 points, now reading 1,790 –...
April 26th, 2017 | Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Tankers | Read More

ShipRight FastTrack(FT) enables ship designers to cope with the demand for increased FE Analysis scope

ShipRight FastTrack(FT) enables ship designers to cope with the demand for increased FE Analysis scope
Screen capture of a ShipRight FastTrack Buckling Assessment 26 April 2017 – Lloyd’s Register (LR), in collaboration with RaonX Solutions Co. Ltd. (RaonX), release new software to assist ship design clusters with the increased requirements demanded in Finite Element Analysis (FEA). Under the latest...
April 26th, 2017 | Classification Societies, IT and Communications | Read More

Garrets International co-funds new maritime education scholarship

Garrets International co-funds new maritime education scholarship
Edward Cunanan, 22, from Baliuag in The Philippines, the first beneficiary of a new maritime education scholarship co-funded by Sailors’ Society and Garrets International, and administered by Homer Foundation First Sailors’ Society-Homer Foundation Scholarship beneficiary pursues a culinary career An...
April 26th, 2017 | Charity, Scholarships | Read More

Hot Port News from GAC

Hot Port News from GAC
26-Apr-2017 CLOSURE OF LANDING PONTOONS FOR MAINTENANCE Singapore INNER ANCHORAGE DRAFT DURING MONSOON SEASON Mumbai, India AVAILABILITY OF ANCHORAGES DURING MONSOON SEASON Mumbai, India Closure of landing pontoons for maintenance Wednesday, April 26, 2017, Singapore The...
April 26th, 2017 | Port Conditions, Ports & Terminals | Read More

Zegers and van Veen show how it’s done

Zegers and van Veen show how it’s done
Zegers and Van Veen in the 470 Afrodite Zegers and Anneloes van Veen (NED) were unstoppable on day two of  Sailing’s World Cup Series in Hyères, France, winning both Women’s 470 races in convincing style.   Out of the 534 competitors from 52 nations racing across ten Olympic events, Open...
April 26th, 2017 | Sailing, Sports | Read More