Archive for July, 2015

ClassNK releases Guidelines for CNG Carriers

ClassNK releases Guidelines for CNG Carriers
Noboru Ueda Tokyo – Leading classification society ClassNK (Chairman and President: Noboru Ueda) has released its Guidelines for Compressed Natural Gas Carriers. Global economic and population growth is bringing about increased energy production and consumption. In its latest forecast, CEDIGAZ,...
July 30th, 2015 | Classification Societies | Read More

Regional Economics & Market Strategy Monthly (June-July 2015)

Regional Economics & Market Strategy Monthly (June-July 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A Regional assets recover on subsided Greece-related concerns post the July 12 Euro Summit agreement  REGIONAL MACROECONOMIC DEVELOPMENTS & OUTLOOK Sentiment indicators in the region suggest economic...
July 30th, 2015 | News | Read More

NGO Shipbreaking Platform publishes South Asia Quarterly Update #6

NGO Shipbreaking Platform publishes South Asia Quarterly Update #6
Ebrahim walking again in his home village, thanks to an operation performed on his leg Brussels,  30 July 2015 – The NGO Shipbreaking Platform publishes today the sixth South Asia Quarterly Update, a briefing paper in which it informs about the shipbreaking industry in Bangladesh, India and...
July 30th, 2015 | Associations, Corporate Social Responsibility, Health and Safety, HR, Insight, Jobs, Organisations, Pollution, Safety and Security, Ship Demolitions | Read More

Diana Containerships Inc., announces agreement to acquire two Post-Panamax container vessels

Diana Containerships Inc., announces agreement to acquire two Post-Panamax container vessels
ATHENS, GREECE, July 30, 2015 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that yesterday it signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to purchase...
July 30th, 2015 | Container shipping, Containers, Markets, News, Sales and Purchases, Stock Markets | Read More

Euronav – Preliminary Q2 and half year results 2015

Euronav – Preliminary Q2 and half year results 2015
HIGHLIGHTS Sustained improvement in freight rates drives higher EBITDA to USD 142.3 million Acquisition of four existing VLCCs under construction with option for four more sister vessels Robust start of Q3 with freight rates for VLCC so far above $60, 000/day and more than 50% of available days already...
July 30th, 2015 | Company Profiles, Markets, News, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, July 30, 2015)

Daily Overview of Global Markets & the SEE Region (Thursday, July 30, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The FOMC policy statement that was issued late yesterday following the conclusion of the two-day monetary policy meeting was little changed...
July 30th, 2015 | Banking, Company Profiles, Finance, Person Profiles, Reports, Statistics, Stock Markets | Read More

Rachel Pine joins OMFIF as Head of Meetings

Rachel Pine joins OMFIF as Head of Meetings
Rachel Pine Official Monetary and Financial Institutions Forum (OMFIF), an independent platform for dialogue and research, announces today that Rachel Pine has joined as head of meetings, and as such a member of the senior team. Rachel Pine, a US citizen, has been working in financial media for 15 years,...
July 30th, 2015 | Associations, Communication, Company Profiles, Events, Conferences,Forums and Symposiums, Exhibitions, Finance, HR, Person Profiles, Press and Media | Read More

EVW Advisory Report – US Discovery in Aid of Foreign Proceedings

EVW Advisory Report – US Discovery in Aid of Foreign Proceedings
A Recent appellate decision serves as an important reminder that international attorneys and litigants should consinder the availability of United States discovery in aid of foreign proceedings.  The “EVW Advisory Report” herebelow regarding US Discovery in Aid of Foreign Proceedings we believe...
July 30th, 2015 | Legal, Reports | Read More

Most Common Incidents of 2015

Most Common Incidents of 2015
  Generating 400, 000 valuations a year and rising Wednesday 29 July 2015                     ...
July 29th, 2015 | Associations, Earthquakes, Tsunamis, Cyclones and Typhoons, Groundings, Maritime Accidents, Markets, Press and Media, Reports, Safety and Security | Read More

Hot Port News from GAC

Hot Port News from GAC
Menhaden survey request July 29, 2015, United States, Houston, Texas The West Gulf Maritime Association (WGMA) is urging its members with ships arriving at any port in the western US Gulf to participate in the Menhaden survey. The annual Menhaden spawn (typically April through October) has created...
July 29th, 2015 | Bunkering, Port Conditions, Ports & Terminals | Read More

I saw four Fred.s come sailing in!

I saw four Fred.s come sailing in!
I saw four Fred.s come sailing in! Fred. Olsen Cruise Lines celebrates historic fleet gathering in Bergen on 28th July 2015 Fred. Olsen Cruise Lines is celebrating an historic coming together of its fleet of four ships – Balmoral, Braemar, Boudicca and Black Watch – in Bergen, Norway on 28th July...
July 29th, 2015 | Company Profiles, Cruise Industry, Events, Conferences,Forums and Symposiums | Read More

Dixon Rings

Dixon Rings
Ranging in size from a quarter to a sixteenth of an inch – that is, from the diameter of a pencil to the diameter of the lead within it – Dixon Rings can be packed in their millions into distillation columns, producing a significantly increased surface area for filtration. Dixon Rings have traditionally...
July 29th, 2015 | Marine Equipment Products and Services, Technology | Read More

Positive steps toward the future of Kiteboarding

Positive steps toward the future of Kiteboarding
Wednesday 29 July 2015 – Issued on behalf of ISAF – Representatives of International Sailing Federation (ISAF), the International Kiteboarding Association (IKA) and the Virgin Kitesurf World Championships (VKWC) met in London on Tuesday to discuss the future of the class Championships. The...
July 29th, 2015 | Sailing, Sports, Yachting | Read More

Safety and Sustainability of Shipping and Offshore Activities in the Arctic: A Roundtable

Safety and Sustainability of Shipping and Offshore Activities in the Arctic: A Roundtable
The Arctic as we have long ago predicted will be the next region and area of shipping business and “conflict” on Planet Ocean! IMarEST, The Institute of Marine Engineering, Science and Technology is organising for the 8th of September 2015 a roundtable; please log on the PDF flyer herebelow...
July 29th, 2015 | Associations, IMarEST | Read More

SRI and ITF back new book on plight of fishers

SRI and ITF back new book on plight of fishers
Deirdre Fitzpatrick, Executive Director of SRI Seafarers’ Rights International (SRI) and the International Transport Workers’ Federation (ITF) are backing a new book on the plight of fishers that is due for publication tomorrow, Thursday 30 July. Fishers and Plunderers; Theft, Slavery and Violence...
July 29th, 2015 | Books, ITF | Read More

ITF Seafarers’ Trust announces welfare vehicle effectiveness survey

ITF Seafarers’ Trust announces welfare vehicle effectiveness survey
The ITF HQ’s in London The ITF Seafarers’ Trust – which often pays for vehicles for seafarers’ welfare bodies and missions – has announced it will be surveying their uses and effectiveness so as to use its grants as effectively as possible. The Trust will be partnering in...
July 29th, 2015 | Associations, ITF, Marine Equipment Products and Services | Read More

Impact of oil price on shipping market

Impact of oil price on shipping market
Members’ listened to presentations at Clyde & Co The Shipping Professional Network London (SPNL) members’ enjoyed a sociable evening of topical presentations and networking drinks on the 22nd of July, courtesy of sponsors, Clyde & Co. The compelling topic of the night was the significant...
July 29th, 2015 | Clubs, Conferences, Seminars, Forums, Energy, Events, Markets, Oil Industry, Tankers | Read More

Weekly alert – South Korea loss, CMA CGM, Suez, Piracy

Weekly alert – South Korea loss, CMA CGM, Suez, Piracy
HOME SAFETY PORTS OFFSHORE COMPANIES MARKETS South Korea’s ‘Big 3’ shipbuilders headed for massive 2Q15 loss Loss provisioning and restructuring will result in big losses for South Korea’s three biggest...
July 29th, 2015 | Associations, Canals, Communication, Liner Shipping and Trade, Piracy and Terrorism, Ports & Terminals, Press and Media, Reports, Shipbuilding and Shipyards | Read More

Maritime security training in Southeast Asia

Maritime security training in Southeast Asia
29/07/2015  – An IMO-led seminar on maritime security, focusing on the International Ship and Port Facility Security Code (ISPS Code), is taking place in Johore Bahru, Malaysia (27-31 July), with participants from 17 countries, including port facility security officers and officials responsible...
July 29th, 2015 | IMO, Ports & Terminals, Safety and Security | Read More

IRSHAD receives Damen Shoalbuster 2308 for SPM buoy maintenance

IRSHAD receives Damen Shoalbuster 2308 for SPM buoy maintenance
Abu Dhabi Petroleum Ports Operating Company (IRSHAD), a part of the ADNOC Group of Companies, has taken delivery of a Damen Shoalbuster 2308, named Al Marfa 1. During a ceremony at Damen Shipyards Hardinxveld, the Netherlands, the company received the new vessel3 weeks ahead of schedule. The delivery...
July 29th, 2015 | Shipbuilding and Shipyards, Shiprepair | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, July 29, 2015)

Daily Overview of Global Markets & the SEE Region (Wednesday, July 29, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Wall Street firmed overnight ending a five-session losing streak, on positive Q2 earnings reports and speculation that the Fed may signal...
July 29th, 2015 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Djibouti regional training centre on target

Djibouti regional training centre on target
28/07/2015  – The Government of Djibouti has reaffirmed its commitment to ensuring timely completion of the Djibouti Regional Training Centre in Doraleh, Djibouti, which will be a vital component in provision of security training in east Africa. IMO’s Kiruja Micheni was in Djibouti to monitor...
July 29th, 2015 | Associations, Country Profiles, IMO, Maritime Education and Training, News, Piracy and Terrorism, Safety and Security | Read More

Virtual engineering enhances Wärtsilä’s remote service offering and asset performance optimisation solutions

Virtual engineering enhances Wärtsilä’s remote service offering and asset performance optimisation solutions
Wärtsilä’s service engineer utilising advanced augmented reality technology on board of a vessel. Digitalisation is fundamentally changing the way marine and power plant maintenance services are conducted. It enables new kind of services that utilise Big Data and advanced data analysis to help companies...
July 29th, 2015 | IT and Communications, Marine Equipment Products and Services, News, Shiprepair, Technical, Technology | Read More

SingPost achieves record revenue and net profit for Q1 FY2015/16

SingPost achieves record revenue and net profit for Q1 FY2015/16
Singapore Revenue 20.7 per cent higher at S$254.6 million and net profit up 15.8 per cent to S$46.6 million Continued strength in eCommerce and logistics operations contribute to growth Underlying net profit for Q1 rose 8 per cent  Invested S$75.6 million mainly into expanding eCommerce logistics...
July 29th, 2015 | Associations, Communication, Organisations, Statistics, Stock Markets | Read More

IT system to transform SA ports into ‘smartPORTS’

IT system to transform SA ports into ‘smartPORTS’
At the launch of Transnet National Ports Authority’s new Integrated Port Management System(IPMS) at the Durban ICC on 28 July were TNPA representatives [Durban, South Africa, 28/07/2015] Transnet National Ports Authority’s new web-based Integrated Port Management System (IPMS) went live on 26 July...
July 28th, 2015 | Education and Training, IT and Communications, Ports & Terminals, Technical, Technology | Read More