Archive for July, 2017

Daily Overview of Global Markets & the SEE Region (Friday, July 28, 2017)

HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of global equity indices traded lower on Friday, as technology shares retreated from their recent rally over the past month. In FX markets, the US dollar continues to be pressured, while the Swiss franc weakened against...
July 28th, 2017 | News | Read More

Yao Cong’s immersive works retranslate human feelings

Yao Cong’s immersive works retranslate human feelings
Still from ‘Uncertain Game.’ Yao Cong’s immersive works retranslate human feelings By James Brewer A Chinese artist working in London, Yao Cong produces innovative video work challenging viewers to rethink gender, fantasies, and the power of demonisation and cliché. He has again shown his flair...
July 28th, 2017 | Art and auctions, Exhibitions | Read More

BDA CEO meets with new Economic Development Minister

BDA CEO meets with new Economic Development Minister
Minister of Economic Development & Tourism Jamahl Simmons (left) speaks with BDA CEO Ross Webber BDA CEO meets with new Economic Development Minister, affirms positive partnership, “Bermuda open for business” Hamilton, Bermuda, July 27, 2017 – Following a meeting with the Minister...
July 28th, 2017 | Art and auctions, Associations, Banking, Charity, Clubs, Cruise Industry, Environment, Events, Conferences,Forums and Symposiums, Exhibitions, Finance, Holidays, Insurance and Reinsurance, Maritime History and Museums, Maritime Tourism, Oceanology, Shipfinance, Tourism | Read More

Anything Goes?

Anything Goes?
Anna McNay and a Susie Hamilton canvas. Anything Goes? Contemporary British Painting at Art Bermondsey Project Space By James Brewer For more than a century, pundits have avowed that contemporary painting has reached the limits of its possibilities, but, to paraphrase Mark Twain, reports of its death...
July 27th, 2017 | Art and auctions, Exhibitions, Paintings and Sculpture, People and Places, Person Profiles | Read More

The BDI@942; the dry fall continues…

The BDI@942; the dry fall continues…
John Faraclas The BDI (Baltic Dry Index) fell another 26 points earlier on today and now stands at 942; the Geopolitics continue to shake the Globe to its foundations and expect a …tsunami, a business so to speak tsunami to strike soon. John Faraclas’ daily recap: The Capers’ BCI down 68 point...
July 27th, 2017 | Chartering, Consumers Market, Dry Bulkcarriers, European Union, Headlines, Inland Waterways, Insight, Mediterranean Shipping, Military, News, Piracy and Terrorism, Politics and Government, Ports & Terminals, Reports, Sanctions, Shipping Centers, Statistics, Stock Markets, Trade and Commerce, UN | Read More

Mixing it up in Marseille

Mixing it up in Marseille
… Another brilliantly entertaining Nautical Stadium race day once again upset the apple carts in the final stretch of the Tour de France à la Voile 2017. Today’s elimination stage and Super Final failed to dislodge the top dogs from their vantage points: Fondation FDJ – Des Mains et Des Pieds...
July 27th, 2017 | Sailing, Sports, Yachting | Read More

New Dachser site in Austria

New Dachser site in Austria
Günter Hirschbeck, Managing Director, Dachser Austria European Logistics, Dr. Jürgen Bodenseer, President of Tyrol Economic Chamber; Michael Huber, Mayor of Stans und Günther Platter, Governor of Tyrol Stans/Kempten, July 27, 2017. Logistics provider Dachser is investing some 6.5 million euros in...
July 27th, 2017 | Land Trasnport, Logistics | Read More

Unique seafloor data provides unprecedented insight to scientific communities

Unique seafloor data provides unprecedented insight to scientific communities
Unique seafloor data: Fugro’s bathymetric data is seen through the middle of the image of ‘Broken Ridge,’ showing the contrast with the satellite-derived data that was available prior to the search. The release this month of bathymetry data by Geoscience Australia has revealed seafloor maps...
July 27th, 2017 | Aviation, Marine Equipment Products and Services, Technical, Technology, Underwater Shipping | Read More

Diana announces t/c period for kamsarmax Maia with Glencore

Diana announces t/c period for kamsarmax Maia with Glencore
ATHENS, GREECE, July 27, 2017 – 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 Agriculture...
July 27th, 2017 | Chartering, Dry Bulkcarriers, Markets, Shipmanagement, Statistics, Stock Markets | Read More

European Maritime Social Partners welcome the Directive ensuring the welfare of seafarers

European Maritime Social Partners welcome the Directive ensuring the welfare of seafarers
Mark Dickinson The European Maritime Social Partners warmly welcome the European Commission’s adoption of their proposal to update their Agreement on the International Labour Organisation (ILO) Maritime Labour Convention, 2006 (MLC).  The ILO MLC amendments entered into force on 18 January 2017 and...
July 27th, 2017 | Associations, European Union, Health and Safety, HR, ILO, Manning - Seafarers and Offshore, Safety and Security, Shipmanagement | Read More

Eagle Ocean Marine enjoys another successful year amid American Club’s centennial Celebrations

Eagle Ocean Marine enjoys another successful year amid American Club’s centennial Celebrations
Joe Hughes Growing market share and continuing profitability augur well for the future.  NEW YORK, JULY 27, 2017: Eagle Ocean Marine (EOM), the American Club’s fixed-premium P & I and FD & D facility, recently completed another year of steady growth and continuing profitability.  It has...
July 27th, 2017 | Anniversaries, Associations, Events, Marine Insurance, P and I Clubs | Read More

MISC Berhad welcomes third Moss-type LNG carrier

MISC Berhad welcomes third Moss-type LNG carrier
  ​MISC’s Third MOSS-Type LNG Carrier, the Seri Cempaka Kuala Lumpur, 27 July 2017 –  Malaysia’s MISC Berhad (MISC), a world leading energy related maritime solutions and services provider has today taken delivery of Seri Cempaka, the third in a series of five Moss-Type Seri-C...
July 27th, 2017 | Events, LNG, Marine Equipment Products and Services, Shipbuilding and Shipyards | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, July 27, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, July 27, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The FOMC announced no change in its monetary policy stance at its 24-25 July meeting, with market focusing on the statement which contained two main...
July 27th, 2017 | Banking, Company Profiles, Finance, HR, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

New speakers for Cool Logistics Asia Seminars, 6-8 September, 2017

New speakers for Cool Logistics Asia Seminars, 6-8 September, 2017
Alex von Stempel HONG KONG, 27.07.2017 – Angelina Lei, Customer Service Director at Hongkong International Terminals; Tarun Arora, Director, Finance and Operations, IG International; and Natasha Solano, Global Business Development Manager Perishables Logistics, Kuehne + Nagel N.V. will join the...
July 27th, 2017 | Events, Conferences,Forums and Symposiums, Logistics, Reefer Containers, Reefer ships, Trade and Commerce | Read More

IMCA and OCIMF staging Cyber Security seminar for LISW2017

IMCA and OCIMF staging Cyber Security seminar for LISW2017
Richard Benzie The need for cyber security and understanding possible risks is a growing concern across all industries and sectors.  As part of London International Shipping Week the International Marine Contractors Association (IMCA) and the Oil Companies International Marine Forum (OCIMF) are holding...
July 27th, 2017 | Associations, Events, Conferences,Forums and Symposiums, Oil Industry | Read More

Watch the Falling Market*

Watch the Falling Market*
John Faraclas The BDI (Baltic Dry Index) was on a falling mode – down 12 points since yesterday and now stands at 968 points; the Geopolitics continue to build up a warring atmosphere despite what the mass media and its cronies say. John Faraclas’ midweek recap: The Capers were down 15 points with...
July 26th, 2017 | Dry Bulkcarriers, European Union, Military, News, Organisations, Piracy and Terrorism, Politics and Government, Ship Demolitions, Ship Finance, Shipping Centers, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
  26-Jul-2017 LOCKS LANE AND CULVERT OUTAGES Panama Canal, Panama Locks lane and culvert outages Wednesday, July 26, 2017, Panama Canal, Panama Beginning at 2200 hours on Monday, July 31, 2017, until 2359 hours on Thursday, August 10, 2017, (10 days), the EAST lane of Miraflores...
July 26th, 2017 | Canals, Ports & Terminals | Read More

Diana reports financial results for Q2 and Six Months ended June 30, 2017

Diana reports financial results for Q2 and Six Months ended June 30, 2017
Diana Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2017 ATHENS, GREECE, July 26, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today reported a net loss of $23.8...
July 26th, 2017 | Dry Bulkcarriers, Markets, News, Reports, Statistics, Stock Markets | Read More

U.S. Defense Department confirms award to Crowley of $2.3 billion transportation contract

U.S. Defense Department confirms award to Crowley of $2.3 billion transportation contract
Crowley truck and container driving over a bridge. (JACKSONVILLE, Fla.; July 26, 2017) ­– Following a series of protests and subsequent legal challenges, the U.S. Transportation Command (TRANSCOM), a command of the U.S. Department of Defense (DOD), this week confirmed a large, multi-year contract...
July 26th, 2017 | Logistics, Military, Politics and Government, Trade and Commerce | Read More

Mistral takes over in Marseille

Mistral takes over in Marseille
… Act 8 of the 40th Tour de France a la Voile did not get off to the most auspicious of starts in Marseille as the region’s notorious Mistral wind put paid to any hopes of sailing today. While the Tour has so far encountered conditions crossing the spectrum from light and shifty to big and blustery,...
July 26th, 2017 | Sailing, Sports, Weather, Yachting | Read More

Diana Containerships Inc. Announces One-for-Six Reverse Stock Split

Diana Containerships Inc. Announces One-for-Six Reverse Stock Split
ATHENS, GREECE, July 26, 2017 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that its Board of Directors (the “Board”) has determined to effect a reverse stock split of the Company’s common...
July 26th, 2017 | Company Profiles, Container shipping, Stock Markets | Read More

Smart Shipping takes centre stage at the International shipowning and shipmanagement summit

Smart Shipping takes centre stage at the International shipowning and shipmanagement summit
Bjørn Jebsen Major players from global shipowning, shipmanagement and associated service industries such as satellite communications and maritime clusters are among the confirmed speakers at the Fourth International Shipowning and Shipmanagement Summit (ISSS), to be held during London International...
July 26th, 2017 | Events, Conferences,Forums and Symposiums, IT and Communications | Read More

IMarEST and IPPIC launch template for Biofouling Management Plan

IMarEST and IPPIC launch template for Biofouling Management Plan
The International Maritime Organization’s Guidelines for the Control and Management of Ships’ Biofouling to Minimize the Transfer of Invasive Aquatic Species, adopted in July 2011 provide a globally consistent approach to the management of biofouling on ships. The Guidelines give recommendations...
July 26th, 2017 | Environment, IMarEST | Read More

HRAS News: UK P&I Club: Search and rescue operations in the Mediterranean

HRAS News: UK P&I Club: Search and rescue operations in the Mediterranean
Amanda Hastings Amanda Hastings, Claims Executive at UK P&I Club, comments on the effect of Operation Triton on search and rescue operations: “Summer is once again upon us and the media coverage surrounding the refugee and migrant crisis in the Mediterranean continues, as do the criticisms of Operation...
July 26th, 2017 | Associations, Charity, Health and Safety, HR, News, P and I Clubs, Safety and Security | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, July 26, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, July 26, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Wall Street rose modestly overnight following stronger-than-expected corporate earnings and positive US data releases. Mirroring the positive momentum...
July 26th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More