Diana announces period time charter contract for m/v Coronis

Diana announces period time charter contract for m/v Coronis

ATHENS, GREECE, August 16, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping...
Damen Shipyards Galati celebrates 125 years

Damen Shipyards Galati celebrates 125 years

from the celebrations Galati yard has delivered over 1,300 vessels during proud history On 15th August,...
MTU’s new marine engines combined with SCR system

MTU’s new marine engines combined with SCR system

… The latest generation of MTU’s Series 4000 marine engines combined with MTU’s new SCR system...
The BDI@1,727: Capes tumble; Geopolitics “await” the tsunami…

The BDI@1,727: Capes tumble; Geopolitics “await” the tsunami…

John Faraclas – picture by ecopack77 The BDI (Baltic Exchange Dry Index) clinched two points and...

DFDS announces new freight ship order

Ro-Ro and Passenger Ferries, Shipbuilding and Shipyards — August 16, 2018 at 2:23 PM
DFDS has today ordered an additional freight ferry (ro-ro) new build from the Chinese Jinling Shipyard. The new build is similar to the five previously ordered freight ferries and likewise designed to carry 6,700 lane metres of freight equivalent to around 450 trailers. The large capacity decreases unit costs as well as the environmental impact per transported unit. This, in addition to the recently ordered...

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Marine Insurance

Pilot hydration campaign investigates seafarers’ water consumption on board

Pilot hydration campaign investigates seafarers’ water consumption on board
73 seafarers have taken part in a hydration health promotion campaign for 28 days to assess the effectiveness of materials...
Aug 16, 2018 8:30

Shipmanagement

Damen Shipyards Galati celebrates 125 years

Damen Shipyards Galati celebrates 125 years
from the celebrations Galati yard has delivered over 1,300 vessels during proud history On 15th August, Damen Shipyards...
Aug 16, 2018 10:15

Organisations

The BDI@1,694; what next…

The BDI@1,694; what next…
John Faraclas The BDI (Baltic Dry Index) lost 10 points as well as the 1,700 points threshold as the main indices fell except...
Aug 9, 2018 23:55

Markets

Diana announces period time charter contract for m/v Coronis

Diana announces period time charter contract for m/v Coronis
ATHENS, GREECE, August 16, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing...
Aug 16, 2018 14:13

Recent

Daily Overview of Global Markets & the SEE Region (Thursday, August 16, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, August 16, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The EUR rose to EUR/USD1.1381 at the time of writing from Wednesday’s close of 1.1343 and the dollar index slipped 0.2 percent to 96.554 after news that a Chinese delegation will travel to the United States for trade talks. GREECE: According...
August 16th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

IMCA responds to growth of the marine renewable energy sector

IMCA responds to growth of the marine renewable energy sector
Andy Goldsmith Toolbox talks prompt guidelines planned for marine operations Guidance on use of immersion suits when transferring from vessels at sea The International Marine Contractors Association (IMCA) is responding to the growth of involvement by its members in the marine renewable energy...
August 16th, 2018 | Alternative Sources of Energy, Associations, Energy | Read More

NORDEN adopts SEDNA as the organization’s system of record for transaction management

NORDEN adopts SEDNA as the organization’s system of record for transaction management
World-leading shipping company estimates that SEDNA will reduce internal email traffic to users by 75%,​ and support their ‘Focus & Simplicity’ business strategy London, 16 August 2018 – Danish dry cargo and product tanker operator NORDEN announced today the selection of SEDNA as a...
August 16th, 2018 | IT and Communications, Marine Equipment Products and Services, Technical, Technology | Read More

Maersk Supply Service to support removal of plastic pollution in oceans

Maersk Supply Service to support removal of plastic pollution in oceans
Maersk Supply Service will in the coming months provide marine support to The Ocean Cleanup, the Dutch non-profit that is developing advanced technologies to rid the oceans from plastic, and install their first cleanup system in the North Pacific. This moment will mark the start of the World’s first...
August 16th, 2018 | Environment, Pollution | Read More

Hot Port News from GAC

Hot Port News from GAC
15-Aug-2018 LOCK CHAMBER TO CLOSE FOR MAINTENANCE AND REPAIRS Kiel Canal, Germany MARINE WORKS NORTH OF SHA CHAU Hong Kong Lock chamber to close for maintenance and repairs Wednesday, August 15, 2018, Kiel Canal, Germany The Kiel Canal Authority has announced that one big new lock chamber at Brunsbuettel...
August 15th, 2018 | Canals, Inland Waterways, Port Conditions, Ports & Terminals | Read More

American Salvage Association offers Honorary Membership to Academia

American Salvage Association offers Honorary Membership to Academia
Rebecca Garcia-Malone, ASA Education Committee Chair, presents Dr. Richard J. Burke, ABS Professor of Naval Architecture & Engineering, SUNY Maritime College, with an official invitation to join the ASA as the very first honorary maritime faculty member representative (July 20th, 2018 at SUNY Maritime...
August 15th, 2018 | Academia, Associations, Awards, HR, Marine Insurance, Salvage, Towage, Wreck Removals | Read More

Common Structural Rules Software updated with 2018 rules and fatigue assessment improvements

Common Structural Rules Software updated with 2018 rules and fatigue assessment improvements
Nick Brown Enhanced software facilitates IACS compliance for latest CSR requirements 15 August 2018 – Common Structural Rules Software LLC, a joint venture company formed by Lloyd’s Register (LR) and ABS, has released a software update that simplifies compliance with current and pending IACS Common...
August 15th, 2018 | Classification Societies, IACS | Read More

Consequences of 2008, Assessing risks to global financial stability

Consequences of 2008, Assessing risks to global financial stability
Meghnad Desai Commentary: Consequences of 2008 By Meghnad Desai in Goa When the 2008 financial crisis came, few thought the ensuing recession would have such long-lasting consequences. But 10 years later, the fault lines previously hidden in the economic structure have become clear. Every trading regime...
August 15th, 2018 | Finance, Markets | Read More

Dubai delegation putting together vibrant display for SMM 2018 Hamburg

Dubai delegation putting together vibrant display for SMM 2018 Hamburg
Nawfal Al Jourani, director of Dubai Maritime Cluster Office in DMCA Dubai, United Arab Emirates – Dubai’s role as a global maritime hub will come into sharp focus at Shipbuilding, Machinery and Marine Technology (SMM) 2018, September 4-7, when coordinated teams from the Dubai Maritime City Authority...
August 15th, 2018 | Associations, Events, Conferences,Forums and Symposiums, Exhibitions | Read More

Stena Drilling streamlines safety equipment management backed by proven VIKING solution

Stena Drilling streamlines safety equipment management backed by proven VIKING solution
VIKING offshore evacuation system As part of its constant drive for new efficiencies, Stena Drilling has placed a significant part of its safety equipment and servicing management under a VIKING Offshore Safety Agreement.  Progressive UK-based offshore drilling company Stena Drilling Limited is committed...
August 15th, 2018 | Health and Safety, Marine Equipment Products and Services, News, Safety and Security, Technical, Technology | Read More

Nomination for IUMI President

Nomination for IUMI President
Richard Turner The presidency of IUMI – the International Union of Marine Insurance – is for a four-year term. The present incumbent, Dieter Berg, ends his full term at this year’s IUMI annual conference in Cape Town and will formally hand over the position to his successor on Wednesday 19...
August 15th, 2018 | Associations, Marine Insurance, News, Person Profiles | Read More

IMCA issues reactivation of DP vessels after layup information note

IMCA issues reactivation of DP vessels after layup information note
Capt Andy Goldsmith, Technical Adviser – Marine, IMCA Focused information note produced for professionals charged with reactivation Reactivated DP vessels can enter service in better condition than pre-layup Following a period of improving industry metrics during 2017, the International Marine Contractors...
August 15th, 2018 | Associations, News, Shipmanagement, Technical | Read More

The BDI@ 1,725 amid an upcoming geopolitical chaos

The BDI@ 1,725 amid an upcoming geopolitical chaos
John Faraclas – picture credits by Georgina Lazaridis The BDI (Baltic Dry Index) gained 16 points earlier on today; Geopolitics still chaotically messy! John Faraclas’ market briefing: The Capes still the main driver for the dry cargoes saw the BCIp up 51 points at 3,587. The Panamaxes managed...
August 14th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
14-Aug-2018 ESTABLISHMENT OF LIGHTS ON MOORING BUOYS OFF TSO WO HANG, SAI KUNG Hong Kong ADJUSTED PORT CHARGE & CARGO SERVICE TARIFF Benoa, Indonesia TROPICAL STORM BEBINCA Hong Kong Establishment of lights on mooring buoys off Tso Wo Hang, Sai Kung Tuesday, August 14, 2018, Hong Kong From 15 August...
August 14th, 2018 | Port Conditions, Ports & Terminals, Weather | Read More

1930s superyacht launched in Southampton today after three-year restoration

1930s superyacht launched in Southampton today after three-year restoration
MY Alicia SMS launches m/Y “Alicia” after a major thee year restoation SMS COMPLETES ITS THIRD ICONIC SUPERYACHT REFIT; MY ALICIA TODAY LEAVES THE COVERED SOUTHAMPTON REFIT FACILITY AND JOINS THE DISTINGUISHED MY SHEMARA AS THE COMPANY COMPLETES ANOTHER SIGNIFICANT CLASSIC SUPERYACHT RESTORATION. “The...
August 14th, 2018 | Marine Equipment Products and Services, Shiprepair, Yachting | Read More

Navis to Unveil New Solutions and Upgrades at SMM 2018

Navis to Unveil New Solutions and Upgrades at SMM 2018
Maritime Industry Leaders Unite in Hamburg To Showcase Digital Advancement in the Industry  Oakland, CA / Flensburg, Germany — August 14, 2018 —Navis, the leading provider of maritime software solutions for cargo operations and vessel performance, announced it will be exhibiting at SMM 2018...
August 14th, 2018 | Events, Conferences,Forums and Symposiums, Exhibitions, IT and Communications, Marine Equipment Products and Services | Read More

Councils across the UK will be flying a Red Ensign on Merchant Navy Day

Councils across the UK will be flying a Red Ensign on Merchant Navy Day
Councillor Lindsay Hall, Westminster Lord Mayor Red Ensign for Merchant Navy Day Councils across the UK will be flying a Red Ensign on Merchant Navy Day  The Right Worshipful Lord Mayor of Westminster, Councillor Lindsey Hall, is supporting Seafarers UK’s ‘Fly the Red Ensign for Merchant Navy Day’...
August 14th, 2018 | Anniversaries, Events, HR | Read More

Register now: Fall 2018 industry events in Bermuda

… Full schedule of Fall 2018 industry events A full slate of Bermuda-based industry events is shaping up for Fall 2018, including major new and returning conferences supported by the BDA. Click links below for details and registration: > Sept 5-7: Meeting of the Minds Bermuda (invitation-only) > Sept...
August 14th, 2018 | Associations, Events, Conferences,Forums and Symposiums | Read More

Trans Global Projects launches two new offices in China

Trans Global Projects launches two new offices in China
Trans Global Projects’ Dalian team recently coordinated logistics for a shipment of equipment from China for a wind farm project in Thailand. Paddock Wood, 14 August 2018: Trans Global Projects (TGP) opened two new offices in China at the beginning of August to shift its Hong Kong branch to...
August 14th, 2018 | Company Profiles, Logistics | Read More