Archive for June, 2016

Amid messy geopolitics, the BDI is on the plus…

Amid messy geopolitics, the BDI is on the plus…
John Faraclas With twenty points plus the BDI (Baltic Dry Index) close earlier on today at 660; “excellent” news given the messy geopolitics. John Faraclas’ daily briefing: The Capers, as always volatile, better say: steady volatile, added 41 points to the respective BCI 2014 index, now reading...
June 30th, 2016 | European Union, Markets, Piracy and Terrorism, Shipping Indices, Statistics, Stock Markets | Read More

HFW Insurance Bulletin 30 June 2016

HFW Insurance Bulletin 30 June 2016
Welcome to HFW’s Insurance Bulletin, which is a summary of the key insurance and reinsurance regulatory announcements, market developments, court cases and legislative changes of the week. In this week’s bulletin: 1. Regulation and legislation UK: FCA finds complaints...
June 30th, 2016 | Insurance and Reinsurance, Legal, Marine Insurance, Reports | Read More

Hot Port news from GAC

Hot Port news from GAC
  30-Jun-2016 MARINE WORKS OFF CAUSEWAY BAY TYPHOON SHELTER Hong Kong APPROVED WEIGHING EQUIPMENT FOR VERIFICATION OF GROSS MASS OF A PACKED CONTAINER Hong Kong Marine Works off Causeway Bay Typhoon Shelter Thursday, June 30, 2016, Hong Kong For approximately 9 months, piling...
June 30th, 2016 | Port Conditions, Ports & Terminals, Weather | Read More

Trilogue on Ports Regulation: agreement reached on June 27th, 2016

Trilogue on Ports Regulation: agreement reached on June 27th, 2016
Lamia Kerdjoudj-Belkaid On Monday the 27th of June, in the framework of the last trilogue meeting under the Dutch Presidency, representatives of the three institutions have reached an agreement on a compromise text of the Ports Regulation. A large merit for this important successful outcome is owed to...
June 30th, 2016 | Associations, European Union, Organisations, Politics and Government, Ports & Terminals | Read More

Greece’s prospective inclusion in ECB’s QE programme…

Greece’s prospective inclusion in ECB’s QE programme…
Greece Macro Monitor (30 June 2016)  Greece’s prospective inclusion in ECB’s QE programme Potential timing, purchasing volumes & market impact This note looks at the potential timing, size and market impact of central bank purchases of Greek government and government guaranteed securities in...
June 30th, 2016 | Banking, European Union, Finance, Insight, News, Organisations, Politics and Government | Read More

ESPO congratulates Council and Parliament for reaching a deal on the Port Regulation

ESPO congratulates Council and Parliament for reaching a deal on the Port Regulation
Isabelle Ryckbost 30 June 2016 – After 15 years of discussions, Commission, Council and Parliament have reached an agreement on a Port Regulation, a legal European framework for organising the port services and financial transparency for ports in Europe. On Monday evening, during the 4th trilogue...
June 30th, 2016 | European Union, Organisations, Politics and Government, Ports & Terminals | Read More

Diana Shipping Inc. announces period T/C contract for m/v Oceanis with Nidera

Diana Shipping Inc. announces period T/C contract for m/v Oceanis with Nidera
ATHENS, GREECE, June 30, 2016 – 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 entered into a time charter contract with Nidera S.P.A., Roma, for...
June 30th, 2016 | Chartering, Company Profiles, Dry Bulkcarriers, Markets, News, Statistics, Stock Markets | Read More

More EU transport budget – more jobs and growth

More EU transport budget – more jobs and growth
Patrick Verhoeven “Efficient transport of people and goods are crucial to maintain the competitiveness of the EU economy. The economic growth and jobs of all European industries depend heavily on the well-functioning of the transport sector”, said ECSA Secretary General Patrick Verhoeven. “That’s...
June 30th, 2016 | Associations | Read More

Daily Wealth Letter from The Wealth Forums 30 June 2016

Daily Wealth Letter from The Wealth Forums 30 June 2016
Ian Brodie Daily Wealth letter a daily synopsis of the wealth news that’s most relevant, timely and dependable Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com) NUMBER 243  THURSDAY,  JUNE 30,  2016 Alaska cuts size of oil payout On Wednesday, Alaska Governor Bill...
June 30th, 2016 | Reports | Read More

IMAREST Founders’ Lecture, 14 June 2016

IMAREST Founders’ Lecture, 14 June 2016
IMO Secretary-General Kitack Lim Our voyage together:  How IMO has safely navigated the waters of history and stands ready to face the new challenges it faces today Lecture by Mr. Kitack Lim, Secretary-General International Maritime Organization Good evening ladies and gentlemen, Thank you for that...
June 30th, 2016 | Associations, Events, Conferences,Forums and Symposiums, IMarEST, IMO, Organisations | Read More

HSH offloads shipping NPLs totalling billions – currency exposure decreases

HSH offloads shipping NPLs totalling billions – currency exposure decreases
Stefan Ermisch HAMBURG/KIEL HSH Nordbank transferred a portfolio of non-performing loans from ship financing with a volume of EUR 5 billion (as at 31 December 2015) to hsh portfoliomanagement AöR of majority owners Hamburg and Schleswig-Holstein effective 30 June 2016, as planned. In return, HSH...
June 30th, 2016 | Banking, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, June 30, 2016)

Daily Overview of Global Markets & the SEE Region (Thursday, June 30, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking their cue from the positive tone on Wall Street, major Asian bourses gained on Thursday, with the MSCI Asia ex Japan index moving...
June 30th, 2016 | Banking, Company Profiles, European Union, Finance, News, Organisations, Person Profiles, Politics and Government, Reports, Statistics, Stock Markets | Read More

Enclosed space ship safety rule enters into force on 1 July 2016‏

Enclosed space ship safety rule enters into force on 1 July 2016‏
A new regulation aimed at protecting seafarers who need to enter enclosed spaces, by requiring ships to carry portable atmosphere testing equipment on board, enters into force on 1 July 2016.   Seafarers may be called upon to enter enclosed spaces on ships to manage or obtain equipment, assist a colleague...
June 30th, 2016 | Health and Safety, IMO, Organisations, Regulatory, Safety and Security | Read More

NEDA Maritime Agency Co Ltd and VENLYS form a partnership…

NEDA Maritime Agency Co Ltd and VENLYS form a partnership…
NEDA MARITIME AGENCY Co Ltd and VENLYS form a partnership on Human Resources RESILIENCE NEDA MARITIME AGENCY Co Ltd and VENLYS Maritime Reputation and Safety Solutions announce their partnership on the development and implementation of a noteworthy key initiative, focused on Human Resources Resilience....
June 30th, 2016 | Corporate Social Responsibility, Environment, Health and Safety, HR, Manning - Seafarers and Offshore, Safety and Security, Shipmanagement | Read More

ClassNK amends Rules and Guidance

ClassNK amends Rules and Guidance
Tokyo – Leading classification society ClassNK has amended its Rules and Guidance for the Survey and Construction of Steel Ships in response to the latest industry developments, including amendments made to the International Code for the Construction and Equipment of Ships Carrying Liquefied Gases...
June 30th, 2016 | Classification Societies, Safety and Security, Ship Conversions, Shipbuilding and Shipyards, Shiprepair, Technical, Technology | Read More

New stamps celebrating 50 years of Singapore Youth Festival unveiled by SingPost

New stamps celebrating 50 years of Singapore Youth Festival unveiled by SingPost
SingPost – Singapore Youth Festival 50th Anniversary stamp series SINGAPORE,  30 June 2016 – Singapore Post Limited (SingPost), in collaboration with the Ministry of Education, will release a Singapore Youth Festival (SYF) 50th Anniversary Commemorative Stamp Series on 1 July 2016. The stamp...
June 30th, 2016 | Anniversaries, Logistics | Read More

IUA holds agm and calls for speedy confirmation of new UK/EU trading relationship

IUA holds agm and calls for speedy confirmation of new UK/EU trading relationship
The report’s front cover IUA HOLDS ANNUAL MEETING AND CALLS FOR SPEEDY CONFIRMATION OF NEW UK/EU TRADING RELATIONSHIP Proposals for a new trading relationship between the UK and the EU must be set out as soon as possible, the International Underwriting Association (IUA) has urged. The impact of the...
June 30th, 2016 | Associations, Insurance and Reinsurance, IUA, Marine Insurance, News | Read More

Gibdock’s growing offshore status underlined by Solstad return

Gibdock’s growing offshore status underlined by Solstad return
Normand Cutter at Gibdock Gibraltar’s Gibdock shipyard has completed an extensive package of work on Solstad Shipping’sNormand Cutter. The 127m long, 10, 979grt construction support vessel (CSV) left the yard on June 29th following a 22-day drydock programme, which included a comprehensive overhaul...
June 30th, 2016 | Construction, Energy, Environment, Marine Equipment Products and Services, Ship Conversions, Shipbuilding and Shipyards, Shiprepair, Technical, Technology | Read More

TT Club seeks to calm the troubled waters of VGM on the eve of effective date

TT Club seeks to calm the troubled waters of VGM on the eve of effective date
Peregrine Storrs-Fox With the effective date of the container weighing regulation, known as Verified Gross Mass (VGM), at hand, the freight insurance specialist TT Club is accentuating the positive and assures the industry that help remains available.  The mutual insurer, which sees VGM as one of the...
June 30th, 2016 | Associations, Containers, P and I Clubs, Regulatory | Read More

BDI@640: early days for further optimism…

BDI@640: early days for further optimism…
John Faraclas With another 13 points plus, the BDI (Baltic Dry Index) …alleviates BREXIT’s issues; John Faraclas reports: The Capers continued their double figure with 19 points, now reading 955 – very close to the 1, 000 threshold! The Panamaxes followed suit with 16 points plus, now standing...
June 29th, 2016 | Associations, Conferences, Seminars, Forums, Markets, News, Piracy and Terrorism, Politics and Government, Statistics, Stock Markets | Read More

Piraeus Marine Club elections

Piraeus Marine Club elections
Irene St. Daifas   The Election for the Board of Directors of the Piraeus Marine Club for the term of 2016 to 2019 took place earlier on today. Irene Daifas of Stavros Daifas Marine Enterprises SA was elected the new President of the Club, George Alexandratos of Apollonia Lines as Vice President,...
June 29th, 2016 | Clubs, Events, Conferences,Forums and Symposiums, Person Profiles | Read More

Kallichoron Art Boutique Hotel supports Epinisia Eos project by Stavros Niarchos Foundation

Kallichoron Art Boutique Hotel supports Epinisia Eos project by Stavros Niarchos Foundation
l to r: Maria Mavroudi and Carolina Alkalai of Kallichoron with Efthalia Geronimaki, director of Centre for Career, Development & Employment of University of Ioannina Kallichoron Art Boutique Hotel is a proud supporter and sponsor of “Epinisia Eos” project, organized by Aelia and supported...
June 29th, 2016 | Charity, Communication, Corporate Social Responsibility, Events, Jobs, People and Places | Read More

Ships Bring the World to Us – Winners

Ships Bring the World to Us – Winners
SOUTHPORT, CT—June 29, 2016 Two grand prize winners and 10 finalists have been selected in the 2016  Ships Bring the World to Us calendar art contest sponsored by the North American Marine Environment Protection Association (NAMEPA), the United States Coast Guard (USCG), Mystic Aquarium and the InterAmerican...
June 29th, 2016 | Associations, Awards | Read More

Hot Port News from GAC

Hot Port News from GAC
  29-Jun-2016 INTERNATIONAL SHIPMENT OF PACKED CONTAINERS Hong Kong CANCELLATIONS AND DELAYS FOLLOWING TERRORIST ATTACK ON AIRPORT Istanbul, Turkey USCG ENFORCEMENT ZONE FOR ANNUAL FIREWORKS Delaware River, USA MARINE WORKS AT SAI KUNG PUBLIC PIER Hong Kong International shipment...
June 29th, 2016 | Containers, Piracy and Terrorism, Port Conditions, Ports & Terminals, Regulatory | Read More

New funds industry event comes to Bermuda

New funds industry event comes to Bermuda
BDA CEO Ross Webber Hamilton, Bermuda,  June 29, 2016—An estimated 250 asset management professionals and investors are expected to travel to Bermuda this fall for the first annual World Alternative Investment Summit Bermuda (WAIS Bermuda) at the Fairmont Southampton Resort. Slated for September...
June 29th, 2016 | Events, Conferences,Forums and Symposiums | Read More