Archive for January, 2014

The BDI falls 51 percent in a month’s time and the world is in tatters

The BDI falls 51 percent in a month’s time and the world is in tatters
John N. Faraclas Allaboutshipping.co.uk’s third live overview of the Shipping Markets and the World Economy for 2014 was presented earlier this Friday evening the 31th of January 2014 by John Faraclas who continued to be bold and provocative… The Shipping Markets continue to drop…in direct continuation… The...
January 31st, 2014 | Comment, Dry Bulkcarriers, Fixtures, Liner Shipping and Trade, Markets, Oil Industry, Stock Markets, Trade and Commerce | Read More

Greek presidency hopes for a more expansive and improved Europe

Greek presidency hopes for a more expansive and improved Europe
On 1 January, Greece has taken over the Presidency of the Council of the European Union from Lithuania. This is a role it will hold for six months and is holding for the fifth time since joining the EU in 1981. While presenting its priorities, the Greek Presidency expressed its compliance to be a presidency...
January 31st, 2014 | Associations, European Union, News, Politics and Government, Ports & Terminals | Read More

Port of the month – Port of Gothenburg: The gateway to Scandinavia and the Baltics

Port of the month – Port of Gothenburg: The gateway to Scandinavia and the Baltics
Port of Gothengburg Thursday, 30 January 2014 10:58 – On 15 and 16 May, ESPO is organising the 11th edition of its Annual Conference, which will be hosted by the port of Gothenburg. People who have attended the conferences during the previous years, know this is an event not to be missed. In order...
January 31st, 2014 | Conferences, Seminars, Forums, Events, Ports & Terminals | Read More

Greece Macro Monitor (31 January 2014)

Greece Macro Monitor (31 January 2014)
  Platon Monokroussos Official discussions on the 4th program review anticipated to resume in early February; government expects March 10 Eurogroup to approve next EFSF loan disbursement to Greece. Viewers do please log on herebelow to read the report: GREECE MACRO FOCUS, January 31, 2014
January 31st, 2014 | Banking, Finance | Read More

Mega-containerships: impact on cargo underwriters

Mega-containerships: impact on cargo underwriters
The last 12 months have seen the entry into service of the mega-container vessels the CMA CGM MARCO POLO and her sister-ships, with a capacity of 16, 020 TEU, and the MAERSK MC-KINNEY MØLLER, and her sister-ships, with a capacity of 18, 270 TEU. With these, and another six mega-container vessels still...
January 31st, 2014 | Container shipping, Legal, Salvage, Towage, Wreck Removals | Read More

General Average for mega-containerships: a new solution?

General Average for mega-containerships: a new solution?
With the arrival of mega-container vessels into the shipping market, many questions have been asked about the shipping industry’s readiness to deal with the repercussions of a casualty involving a vessel of this size. There is a growing drive in both the salvage industry and insurance market to try...
January 31st, 2014 | Container shipping, Legal, Marine Insurance | Read More

Judgment call: ALEXANDROS T

Judgment call: ALEXANDROS T
After much to-ing and fro-ing between the English High Court, a Greek court, the Court of Appeal in London and the Supreme Court, we now thankfully have some clarity around the issue of the finality of an English settlement agreement. In a landmark decision the Supreme Court has ruled that an English...
January 31st, 2014 | Legal, Marine Insurance | Read More

Lessons Learned from the ISO 28000 and ISO PAS 28007 Pilot Audits

Lessons Learned from the ISO 28000 and ISO PAS 28007 Pilot Audits
Steve Cameron RTI  have been involved in the ISO 28000 /ISO PAS 28007 pilot program to audit maritime security companies (PMSCs) to a new ISO standard as one of the potential certification bodies. Details of a the progress update that was held on HQS Wellington  on the 29th of January can be viewed...
January 31st, 2014 | Associations, Conferences, Seminars, Forums, Piracy and Terrorism, Regulatory, Safety and Security | Read More

Hot Port News from GAC

Hot Port News from GAC
Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * United States, San Francisco, California – Non-Tank Vessel Response Plans * United States, New York, NewYork – New York Ice Report * Hong Kong, Hong Kong – Submarine outfall inspection off Black...
January 31st, 2014 | Military, Port Conditions, Ports & Terminals, Weather | Read More

Oslo Børs: Increase in the proportion of the market held by foreign investors, while private investors remain at a historic low level

Oslo Børs: Increase in the proportion of the market held by foreign investors, while private investors remain at a historic low level
31/01/2014  – The total number of shareholders fell last year to the lowest level since 2009, and the proportion of the market held by private investors remained at a historic low level. At the same time the proportion of the market held by foreign investors increased to the highest level since...
January 31st, 2014 | Stock Markets | Read More

ITF and UNI turn over new leaf with DHL

ITF and UNI turn over new leaf with DHL
31 January 2014 – The ITF and fellow global union federation UNI turned over a new leaf in their relationship with the global delivery company Deutsche Post-DHL this week, as a joint statement on an Organisation for Economic Cooperation and Development (OECD) mediation was issued. The ITF and UNI...
January 31st, 2014 | ITF, Labour Disputes | Read More

ITF women agree pathway for change at 2014 conference

ITF women agree pathway for change at 2014 conference
31 January 2014 – More than 270 ITF women from 80 countries met in Delhi, India this week to set the agenda for gender work ahead of ITF congress in August. The conference, held once every four years, gives women transport workers the chance to build an action programme for 2014-18. Major themes...
January 31st, 2014 | Conferences, Seminars, Forums, ITF | Read More

Update on MV Isis, Tilbury, UK

Update on MV Isis, Tilbury, UK
31 January 2014 – Last week the ITF initiated arrest procedures against the vessel Isis at Tilbury on behalf of its crew. As a result of the legal action the operators, Derna Carriers, have placed USD132, 000 with the UK agent to make good the crew’s claim to the end of December. This left repatriation...
January 31st, 2014 | ITF, Labour Disputes | Read More

New competencies can be a way out of the crisis

New competencies can be a way out of the crisis
Irene Rosberg New competencies can be a way out of the crisis – By Jørgen Rudbeck   Published 30.01.14 at 14:58 at  ShippingWatch – an interview with Irene Rosberg, Program Director, Executive MBA in Shipping and Logistics (The Blue MBA) Copenhagen Business School At the Blue MBA...
January 31st, 2014 | Academia, Conferences, Seminars, Forums, Events, HR, Logistics, Maritime Education and Training, People and Places, Shipmanagement, Trade and Commerce | Read More

Ariousios, the wine of Chios

Ariousios, the wine of Chios
Ariousios, the wine of Chios, John Faraclas writes: The industrious people of Chios, the fifth largest Greek island in central eastern Aegean Sea, are not just famous because they rule the seven seas with their shipping fleet, nor because they are  effectively the only growers of the mastic gum bushes...
January 31st, 2014 | Books, Food and Drink, Insight, Tourism, Trade and Commerce | Read More

PROMAR orders two Damen Platform Supply Vessels

PROMAR orders two Damen Platform Supply Vessels
Damen PSV 3300 PROMAR has ordered two Platform Supply Vessels from Damen Shipyards Group and this ambitious Swiss company is looking to further expand the offshore fleet under its management in the next five years. The first Damen PSV 3300 will be delivered in February 2015 and the second, in August...
January 31st, 2014 | Energy, Logistics, News, Oil Industry, Oil Platforms and Rigs, Shipbuilding and Shipyards, Supply ships | Read More

Poor Container Packing Costing Industry Millions

Poor Container Packing Costing Industry Millions
Container packing… CTUpack e-learningTM course launched to combat bad practice in warehouses and other packing facilities 31 January 2014 –Analysis by specialist transport and logistics insurer TT Club has revealed that as many as two thirds of accidents that involve the loss of, or damage...
January 31st, 2014 | Container shipping, Maritime Education and Training, News, P and I Clubs, Pollution, Ports & Terminals, Regulatory | Read More

Inchcape Shipping Services announces Achilles FPAL Accreditation for ISS Palumbo

Inchcape Shipping Services announces Achilles FPAL Accreditation for ISS Palumbo
ISS Palumbo, the offshore project logistics and freight forwarding division of Inchcape Shipping Services, has strengthened its compliance credentials by achieving ISO 9001, 14001 and 18001 and Achilles FPAL accreditation, covering operations in Italy, the UK and Houston. Awarded by BVQI, the accreditation...
January 31st, 2014 | Energy, Logistics, Marine Equipment Products and Services, Ports & Terminals, Ship Agencies | Read More

MOL Financial Highlights: The Third Quarter Ended December 31, 2013‏

MOL Financial Highlights: The Third Quarter Ended December 31, 2013‏
MOL President Koichi Muto Viewers can find here the link to a pdf with details of MOL’s Third Quarter financial highlights.  
January 31st, 2014 | Company Profiles, Statistics, Stock Markets | Read More

ESPO Award 2014 to honour the port with the best innovative environmental project

ESPO Award 2014 to honour the port with the best innovative environmental project
Isabelle Ryckbost This year, the ESPO Award on Societal Integration of Ports is entering its sixth edition. For the 2014 competition, the theme ‘Innovative environmental projects’ was chosen. The call for proposals is now open. The ESPO Award 2014 will be addressing innovative port projects that...
January 31st, 2014 | Awards, European Union, Ports & Terminals | Read More

New GAC Marine Logistics company set up in Germany

New GAC Marine Logistics company set up in Germany
Providing door-to-deck ship spare logistics for world’s second-biggest shipping market   Hamburg,  January 31 2014 – GAC Marine Logistics (GML) has established a new company in Hamburg, Germany, as the latest addition to its growing network of offices coordinating ship spares logistics around...
January 31st, 2014 | Logistics, Marine Equipment Products and Services, Ship Agencies | Read More

ISAF Sailing World Cup Miami – Day 4 video alert

ISAF Sailing World Cup Miami – Day 4 video alert
Friday 31 January 2014 – Sailors across ten Olympic and three Paralympic events were rewarded for their patience and hours of onshore preparation with a full day of inconsistent and challenging conditions on Thursday at the 2014 ISAF Sailing World Cup Miami. The pressure was on, to complete three...
January 31st, 2014 | Sailing, Sports, Weather, Yachting | Read More

Markus Paffenholz becomes Managing Director of HSH Corporate Finance

Markus Paffenholz becomes Managing Director of HSH Corporate Finance
  Markus Paffenholz (48) takes over the management of HSH Cor-porate Finance’s operations from Markus Schütz (42) HAMBURG/KIEL Markus Paffenholz, currently joint managing director of HSH Corporate Finance, is set to assume responsibility for the operations of the HSH Nordbank subsidiary....
January 30th, 2014 | Banking, Finance, HR | Read More

ABS to Class its First Japan-Flagged Vessel

ABS to Class its First Japan-Flagged Vessel
30 January 2014 – Anchor Handling Tug Supply vessel will be built to ABS class for Offshore Japan Corporation by Japan Marine United Corporation (Houston) ABS, the leading provider of classification services to the global marine and offshore industries, has been selected by Offshore Japan Corporation...
January 30th, 2014 | Classification Societies, Flags, Supply ships | Read More

DSV Road enhances Quote & Book service

DSV Road enhances Quote & Book service
DSV Road has added new features to its Quote & Book service, offering customers a full track and trace facility, Proof of Delivery (POD) and the ability to upload documents and print labels. “We have been very pleased with the response since we launched Quote & Book in October and we continue...
January 30th, 2014 | Land Trasnport, Logistics | Read More