Archive for October, 2014

Hot Port News from GAC

Hot Port News from GAC
World Holidays: 26 October-8 November 2014 COUNTRY: Worldwide Public holidays around the world in the coming two weeks include the following: Mon 27-Tue 28 Oct – Turkmenistan Independence Day Wed 29 Oct – Republic Day (Turkey) Sat 1 Nov – All Saints’ Day Mon 3 Nov – Ashura Tue 4 Nov...
October 25th, 2014 | Holidays, Ports & Terminals | Read More

IMO is being warned of ‘scary’ potential of maritime cyber-attacks…

IMO is being warned of ‘scary’ potential of maritime cyber-attacks…
Nicholas Gooding IMO is being warned of ‘scary’ potential of maritime cyber-attacks, says marine insurance expert,  By James Brewer Cyber-security is set to come under the microscope at the International Maritime Organization in 2015, marine insurers have been told. A little-publicised document...
October 25th, 2014 | Associations, IT and Communications, Legal, Marine Equipment, Maritime Fraud, Maritime Fraud, News, Regulatory, Safety and Security, Technical, Technology | Read More

The Dry Markets …“rally” and “cool” wets in a struggling world economy…makes the day

The Dry Markets …“rally” and “cool” wets in a struggling world economy…makes the day
John Faraclas In this forty-first weekly recapitulation of the markets and world geopolitics affecting same, tonight Friday the 24th of October 2014 John Faraclas and AllAboutShipping in London, present you their view and what to expect… We reiterate our view that the world has entered its worse so...
October 24th, 2014 | Headlines, Insight, Markets, Piracy and Terrorism, Reports, Statistics, Stock Markets, Trade and Commerce | Read More

Your industry will be attending Intermodal Europe 2014 – will you?

Your industry will be attending Intermodal Europe 2014 – will you?
With just over 2 weeks to go, have you confirmed your attendance? Intermodal Europe is the world-leading exhibition and conference for companies associated with the container and intermodal industries, and covers all areas of container transport and logistics across road,...
October 24th, 2014 | Associations, Canals, Inland Waterways, Land Trasnport, Logistics, Ports & Terminals, Rail | Read More

DNV GL Container Ship Update | Issue 01 – 2014

DNV GL Container Ship Update | Issue 01 – 2014
The DNV GL’s customer magazine for the container shipping  industry – Container Ship Update – Issue 01.2014, with the following contents is out: Development of large container ships – what are the limits? Will the Suez Canal limit the size of ULCS? Hull optimisation – making good ships...
October 24th, 2014 | Classification Societies, Communication, Company Profiles, Container shipping, Containers, Corporate Social Responsibility, Marine Equipment Products and Services, Reports, Ship Conversions, Shipbuilding and Shipyards, Shiprepair, Technical, Technology | Read More

Hot Port News from GAC

Hot Port News from GAC
Hurricane-force winds close ports October 24, 2014, Russia, Novorossiysk Novorossiysk Port was closed at midday today (24 October) been closed due to hurricane-force northeasterly winds. Sheskharis Oil Terminal halted loading operations in the morning. Only one tanker remains alongside the pier No.7...
October 24th, 2014 | Bunkering, Canals, Port Conditions, Ports & Terminals | Read More

IMO top story: Ebola: no ban on travel or trade needed

IMO top story: Ebola: no ban on travel or trade needed
The IMO’s HQ’s in London The International Maritime Organization (IMO) today (24 October) reiterated that there should be no general ban on international travel or trade due to the Ebola virus disease outbreak in West Africa, citing the recommendations of the third meeting of the Emergency...
October 24th, 2014 | Health and Safety, Medical | Read More

Diana Containerships announces t/c agreement for m/v “Sagitta” with A.P.Moller-Maersk A/S

Diana Containerships announces t/c agreement for m/v “Sagitta” with A.P.Moller-Maersk A/S
Sagitta DIANA CONTAINERSHIPS INC. ANNOUNCES DIRECT CONTINUATION OF TIME CHARTER AGREEMENT FOR M/V SAGITTA WITH  A.P. MØLLER-MAERSK A/S ATHENS, GREECE, October 24, 2014 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships,...
October 24th, 2014 | Chartering, Container shipping, Containers, Fixtures, Markets | Read More

ABB Turbocharging celebrates 25th anniversary in Dubai, United Arab Emirates

ABB Turbocharging celebrates 25th anniversary in Dubai, United Arab Emirates
ABB Turbocharging in Dubai was established in 1989 and is today a regional service station catering to marine and diesel power plant customers. Dubai, UAE, October 24, 2014 – ABB Turbocharging is celebrating its 25th anniversary in UAE today. Established in 1989 in Dubai, ABB has grown to become a...
October 24th, 2014 | Marine Equipment Products and Services | Read More

Diana announces T/C for her Panamax “Triton” with Glencore

Diana announces T/C for her Panamax “Triton” with Glencore
ATHENS, GREECE, October 24, 2014 – 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 subsidiary, it has entered into a time charter contract with Glencore Grain B.V.,...
October 24th, 2014 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Stock Markets | Read More

Fourth of a total five purpose built offshore chasers enters service

Fourth of a total five purpose built offshore chasers enters service
Rederij Groen’s entire SRSV fleet built by Damen Maaskant Shipyards Stellendam Dutch offshore services company Rederij Groen has taken delivery of the ‘7-Waves’, the second of a total three identical Seismic Research Support Vessels. Once the third of these so-called offshore chasers will join...
October 24th, 2014 | Marine Equipment Products and Services, Shipbuilding and Shipyards | Read More

FITT & IOExIT Collaboration

The need for world trade has never been greater. However, the businesses that really succeed are those who have the skills and competences necessary to differentiate be it through product or service. The Institute of Export & International Trade (IOExIT) UK, and the Forum for International Trade...
October 24th, 2014 | Marine Equipment Products and Services, Trade and Commerce | Read More

ECOSHIPS management increases ship efficiency by more than 15%

ECOSHIPS management increases ship efficiency by more than 15%
Captain Aykut Yilmaz delivering his slides presentation Ecoships, a fully owned subsidiary of Newport Shipping Group, has introduced a customised version of the Six Sigma DMAIC approach to process and performance evaluation in order to optimise the energy-efficiency of the vessels under its management. The...
October 24th, 2014 | Conferences, Seminars, Forums, Environment, Markets, Shipbuilding and Shipyards, Shipmanagement | Read More

European Lifeboat Crews exchange experience at third programme

European Lifeboat Crews exchange experience at third programme
London, Thursday, October 23. Lifeboat Crew members from 11 countries have been involved in a European Exchange Programme designed to help reduce the numbers of people losing their lives in Europe’s waters. With the aim of exchanging knowledge, sharing ideas and building relationships between the voluntary...
October 24th, 2014 | Marine Equipment Products and Services, Safety and Security | Read More

Moore Stephens expects vessel operating costs to rise over the next two years

Moore Stephens expects vessel operating costs to rise over the next two years
Richard Greiner Vessel operating costs are expected to rise by almost three per cent in both 2014 and 2015, according to a new survey by international accountant and shipping consultant Moore Stephens.                   The survey is based on responses from key players in the international...
October 24th, 2014 | Accountancy, At the end of the day..., Flags, Shipmanagement | Read More

Newport Shipping introduces a new revenue sharing concept to the Handysize sector

Newport Shipping introduces a new revenue sharing concept to the Handysize sector
London-based ship manager Newport Shipping has introduced a new revenue sharing agreement (RSA) conceptto the Handysize bulk carrier sector and will now market the scheme under Newport Handy Bulkcarriers. The RSA concept, proven in the larger Supramax, Panamax and Kamsarmax bulk trades, has been introduced...
October 24th, 2014 | Company Profiles, Dry Bulkcarriers, Environment, Markets, News, Person Profiles, Press and Media, Sales and Purchases, Shipfinance | Read More

London P&I Club warns on failure to preserve VDR data

London P&I Club warns on failure to preserve VDR data
THE London P&I Club says failure to preserve Voyage Data Recorder (VDR) data in the event of an incident can compromise the owner’s position in the event of a claim In the latest issue of its StopLoss Bulletin, the club says that its ship inspection programme confirms that the operation of VDR...
October 24th, 2014 | Associations, Marine Equipment Products and Services, Maritime Accidents, Safety and Security, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (24 October 2014)

Daily Overview of Global Markets & the SEE Region (24 October 2014)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: European bourses opened broadly lower on Friday, tracking a drop in US stock futures after an Ebola case was reportedly confirmed in New...
October 24th, 2014 | Banking, Finance, Markets, News, Stock Markets | Read More

DNV GL for UK Catcher FPSO

DNV GL for UK Catcher FPSO
Kenneth Vareide, Executive Vice President and Director of Offshore Classification at DNV GL BW Offshore has chosen DNV GL to provide classification, verification and certification services for the Catcher FPSO being deployed in the UK North Sea. DNV GL is already providing similar services to 70% of...
October 24th, 2014 | Classification Societies, Energy, Gas, LNG, Marine Equipment Products and Services, Oil Industry, Oil Platforms and Rigs, Underwater Shipping | Read More

FUGRO offers high resolution subsea laser scanning

FUGRO offers high resolution subsea laser scanning
Houston, USA, 23 October 2014 Fugro, the world’s largest integrator of geotechnical, survey, subsea and geoscience services, has expanded its services for the offshore oil and gas sector with the addition of high resolution subsea laser scanning. This specialist technology can be applied to a wide...
October 24th, 2014 | Gas, Marine Equipment Products and Services, Oil Industry, Underwater Shipping | Read More

Next generation Wärtsilä WST-14 steerable thruster design awarded exceptional classification approval

Next generation Wärtsilä WST-14 steerable thruster design awarded exceptional classification approval
Illustration of the Wärtsilä WST-14 thruster. Wärtsilä Corporation,  24 October 2014 at 10 am EET  – The DNV-GL classification society has approved the design of the Wärtsilä WST-14 thruster, thus indicating that the design fully complies with the classification rules. This is an exceptional...
October 24th, 2014 | Classification Societies, Marine Equipment Products and Services, Shipbuilding and Shipyards, Technical, Technology | Read More

European Corporates face fast moving, complex, and interrelated risks

European Corporates face fast moving, complex, and interrelated risks
Julia Graham Thursday 23 October 2014 – During this week’s gathering of European risk managers in Brussels, FERMA President Julia Graham explained what’s new in the work of risk and risk management for European corporates. (source: Lloyd’s of London) The FERMA Risk Management Seminar...
October 23rd, 2014 | Associations, Conferences, Seminars, Forums, Insurance and Reinsurance | Read More

CMB – Third Quarter Results 2014

CMB – Third Quarter Results 2014
CMB’s executive committee has reviewed the consolidated results recorded for the third  quarter 2014. The third quarter consolidated result amounts to USD -12.160.000 (2013: USD 13.888.000),  bringing the consolidated result for the first nine months of 2014 to a total of USD -14.972.000 (2013:...
October 23rd, 2014 | Company Profiles, Stock Markets | Read More

ASL Aviation Group to acquire the Farnair Group

ASL Aviation Group to acquire the Farnair Group
ASL Aviation Group (ASL) has announced the signing of an agreement to acquire the Farnair Group of companies. The transaction is expected to close before the end of the year, once all pending regulatory and customary approvals are received. When completed, this transaction will combine the strengths...
October 23rd, 2014 | Airline Industry, Aviation, Markets, Stock Markets | Read More

Get ahead on Friday!

Get ahead on Friday!
Be like a proper mariner! Just the simple act of wearing a woolly hat to work on Friday 24 October will be a big boost to the Mission to Seafarers – and you could walk away with a bottle of wine courtesy of WISTA-UK. Friday 24 October is Woolly Hat Day and all you need to do is wear a woolly hat to...
October 23rd, 2014 | Associations, Events, WISTA - Women in Shipping | Read More