Archive for August, 2017

Who cares about the BDI’s volatility…

Who cares about the BDI’s volatility…
John Faraclas Obviously you might think we go over the top; not at all as we believe that capable owners know how to weather the storm, any storm as the real masters of the Shipping adventure have it in their DNA! John Faraclas’ brief note on the state of the markets and geopolitics: The BDI (Baltic...
August 31st, 2017 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Singapore’s top bunker suppliers lose licences for dishonest practices

Singapore’s top bunker suppliers lose licences for dishonest practices
  The leading source for maritime industry news & analysis SUBSCRIBE >>>   31 August 2017 DAILY NEWSWIRE   Singapore’s top bunker suppliers lose licences for dishonest practices Singapore-based bunker suppliers, Universal...
August 31st, 2017 | Bunkering, Maritime Fraud | Read More

KL Sandefjord – First Offshore Vessel with DNV GL’s “Shore Power” Class Notation

KL Sandefjord – First Offshore Vessel with DNV GL’s “Shore Power” Class Notation
Th KL Sandefjord The offshore vessel “KL Sandefjord” owned by K Line Offshore AS being a 100% subsidiary of Kawasaki Kisen Kaisha, Ltd (“K” Line), is the first offshore vessel with the DNV GL class notation “Shore power”. The “Shore power” notation, verifies the design and installation...
August 31st, 2017 | Classification Societies, Energy, Marine Equipment Products and Services, Technical, Technology | Read More

Moore Stephens says shipping must beware exposure to changing risk landscape

Moore Stephens says shipping must beware exposure to changing risk landscape
Michael Simms The third annual Shipping Risk Survey from international accountant and shipping adviser Moore Stephens confirms that the effective management of risk within the industry has improved slightly over the past 12 months. But shipping still needs to up its game in terms of managing its exposure...
August 31st, 2017 | Accountancy, Insight, Markets, News, Shipmanagement | Read More

DVB Bank Group posts half-yearly results for 2017

DVB Bank Group posts half-yearly results for 2017
Ralf Bedranowsky DVB Bank SE  31.08.2017 / 10:35  The issuer is solely responsible for the content of this announcement. Significant increase in allowance for credit losses Volatile effects from the IAS 39 result Frankfurt/Main, 31 August 2017 – DVB, the specialist in international transport...
August 31st, 2017 | Banking, Finance, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, August 31, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, August 31, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Data releases from both China and the US surprised positively prompting a renewed bout of risk appetite. With geopolitical tensions receding for the...
August 31st, 2017 | Banking, Company Profiles, Finance, Markets, Shipfinance, Statistics, Stock Markets | Read More

Safety experts welcome the publication of terms of reference for the review of building regulations and fire safety

Safety experts welcome the publication of terms of reference for the review of building regulations and fire safety
The Grenfell Tower Safety experts welcome the publication of terms of reference for the review of building regulations and fire safety  “The Grenfell Tower tragedy must prompt a considerable step change in how fire risk in tower blocks is managed,” urged leading safety bodies in Britain. The safety...
August 31st, 2017 | Associations, Health and Safety, Reports, Safety and Security | Read More

LISW Introduction to Shipping Course – Only 3 places left

This superb one-day course explains the basics of ships and the business of shipping and is suitable for new entrants to the bunker or maritime sector generally (not just shipping but also lawyers, regulators, port authorities, terminal operators, etc). It aims to educate and inform newcomers to shipping...
August 31st, 2017 | Bunkering, Events, Conferences,Forums and Symposiums, Maritime Education and Training | Read More

ClassNK updates Guidelines for Exhaust Gas Cleaning Systems

ClassNK updates Guidelines for Exhaust Gas Cleaning Systems
Tokyo – Leading classification society ClassNK has released the second version of its Guidelines for Exhaust Gas Cleaning Systems. Based on the first version Guidelines released in August 2014, the latest version includes the results of joint research and testing on actual Exhaust Gas Cleaning Systems. In...
August 31st, 2017 | Classification Societies, Emissions, Environment, Technical, Technology | Read More

Bureau Veritas releases new rules for offshore service vessels and tugs

Bureau Veritas releases new rules for offshore service vessels and tugs
BV classed tug, Dux – now operating in Hammerfest, Norway. Image courtesy of Gondan Shipbuilders Neuilly-sur-Seine, France, August 31, 2017, Leading international classification society Bureau Veritas has issued new rules for the Classification of Offshore Service Vessels and Tugs, including new...
August 31st, 2017 | Classification Societies, News, Regulatory, Technical, Technology | Read More

Nautical air for Autumn 2017 Decorative Antiques & Textiles Fair

Nautical air for Autumn 2017 Decorative Antiques & Textiles Fair
SS Otranto and Prinses Juliana Nautical air for Autumn 2017 Decorative Antiques & Textiles Fair By James Brewer London’s largest event for antiques and period design, the Autumn 2017 Decorative Antiques & Textiles Fair, is about to sail in with a nautical tack. For its foyer presentation,...
August 30th, 2017 | Art and auctions, Exhibitions, Paintings and Sculpture | Read More

The BDI reality @1,181; wets: buoyant

The BDI reality @1,181; wets: buoyant
John Faraclas stressing the importance for safe navigation in hte world’s dire straits- picture credits LISW2015 FLICKR The BDI (Baltic Dry Index) lost another 22 points earlier on today and now stands at 1,181… The wets are coming up due to other unexpected reason – situ in the US Gulf following...
August 30th, 2017 | Containers, Dry Bulkcarriers, Markets, News, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

New from SHIPPINGInsight: Lunch-and-Learn at 2017 Fleet Optimization Conference & Exhibition

New from SHIPPINGInsight: Lunch-and-Learn at 2017 Fleet Optimization Conference & Exhibition
NORFOLK, Va. – Aug. 30, 2017 – (Marine NewsWire) The organizers of SHIPPINGInsight 2017 today announced plans for a unique Lunch-and-Learn program during the annual Fleet Optimization Conference & Exhibition, which takes place Oct. 10-12, at the Stamford Marriott Hotel & Spa in Stamford,...
August 30th, 2017 | Events, Conferences,Forums and Symposiums | Read More

Hot Port news from GAC

Hot Port news from GAC
  30-Aug-2017 EID-EL-KABIR PUBLIC HOLIDAYS Nigeria HEAVY RAINS AND FLOODING Mumbai, India TROPICAL STORM HARVEY UPDATE (30 AUGUST) Texas/Louisiana coast, United States Eid-el-Kabir public holidays Wednesday, August 30, 2017, Nigeria The Federal Government of Nigeria has declared Friday...
August 30th, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

Servowatch secures a second project with Hyundai…

Servowatch secures a second project with Hyundai…
Hyundai HDF-3000 FFX-I Frigate is the basis for design of the Philippine Navy’s vessels Servowatch secures a second project with Hyundai. This time to supply its world class IPMS capability for two new build Philippines Frigates Servowatch, a leading supplier of advanced integrated ship control systems,...
August 30th, 2017 | Marine Equipment Products and Services, Military, Shipbuilding and Shipyards | Read More

Safe aircraft UAV landings/takeoffs on marine vessels

Safe aircraft UAV landings/takeoffs on marine vessels
… Russia to develop new system to ensure aircraft /UAV safe takeoffs and landings on ships Russian engineers have developed unique system to monitor aircrafts and unmanned aerial vehicles (UAV) takeoff and landing onboard ships and offshore engineering structures. The system will be presented by...
August 30th, 2017 | Aviation, Events, Conferences,Forums and Symposiums, Exhibitions, Technical, Technology | Read More

Daily Overview Global Markets & the SEE Region (Wednesday, August 30, 2017)

Daily Overview Global Markets & the SEE Region (Wednesday, August 30, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of global equity markets opened higher on Wednesday and the USD recovered some ground on the back of somewhat reduced geopolitical concerns...
August 30th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance | Read More

Jane McDonald Cruises Cuba with Celestyal Cruises

Jane McDonald Cruises Cuba with Celestyal Cruises
… Piraeus, Greece – 30 Aug 2017:  Cruising royalty Jane McDonald is back doing what she does best – taking her audience with her on the high seas to explore cruising life in the second series of the hotly anticipated ‘Cruising with Jane’. The second episode airs on Friday the 8thSeptember...
August 30th, 2017 | Cruise Industry, Maritime Tourism, News | Read More

PAO Sovcomflot: H1 2017 Results

PAO Sovcomflot: H1 2017 Results
  Nikolay Kolesnikov – Executive Vice-President of PAO Sovcomflot, Chief Financial Officer PAO Sovcomflot: H1 2017 Results (six months to 30 June 2017) SCF’s expanding industrial shipping business provides resilience in challenging conventional tanker market H1 2017 Highlights World’s...
August 30th, 2017 | Accountancy, Company Profiles, Markets, News, Shipmanagement, Statistics | Read More

The price of uncertainty

The price of uncertainty
Nikolaos Karamouzis Economy and Markets The price of uncertainty Viewers can find attached hereblow the English translation of the special analysis “The Price of Uncertainty” that was published on August 23rd, 2017 by Eurobank’s Economic Analysis and Financial Markets Research with authors Mr....
August 30th, 2017 | Banking, Reports | Read More

Merchant Navy Day 2017

Merchant Navy Day 2017
Mick Cash Merchant Navy Day 2017 – Celebrating our history and ensuring a future for merchant seafarers RMT SOS2020 CAMPAIGN TO HOLD EVENTS IN SOUTH SHIELDS AND PORTSMOUTH ON SATURDAY Ratings union the RMT will join the annual Merchant Navy Day celebrations on 3rd September 2017 by flying the Red...
August 30th, 2017 | Anniversaries, Charity, Events, HR, Manning - Seafarers and Offshore, Maritime History and Museums, News | Read More

Minister praises multi-million pound offshore and maritime training facility

Eddie Smiley, Clyde Training Solutions, and Minister for Business, Innovation and Energy Paul Wheelhouse Scottish Government Minister Paul Wheelhouse MSP has hailed the success of marine and offshore safety specialists Clyde Training Solution’s new state-of-the-art facility. The multi-million pound...
August 30th, 2017 | Academia, Associations, HR, Manning - Seafarers and Offshore, Maritime Education and Training | Read More

Falling Dry Market; Wet “re-surfacing”… and Geopolitical Blues…

Falling Dry Market; Wet “re-surfacing”… and Geopolitical Blues…
John Faraclas The BDI (Baltic Dry Index) despite a short lived “rebound” fell six points since last Friday and now reads 1,203. The Wets due to the Geopolitical and Natural disaster events are on the rise. Geopolitics might take a sour turn… John Faraclas daily recap: After a long weekend coupled...
August 29th, 2017 | Dry Bulkcarriers, Earthquakes, Tsunamis, Cyclones and Typhoons, Insight, Markets, News, Reports, Shipping Indices, Short-sea shipping, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port news from GAC

Hot Port news from GAC
  29-Aug-2017 SUBMARINE OUTFALL INSPECTION WORKS OFF SHA TAU KOK Hong Kong REPAIR WORKS FOR NORTH POINT VEHICULAR FERRY PIER Hong Kong PORT CONDITION ZULU SET Beaumont/Port Arthur/Orange /Lake Charles, United States TROPICAL STORM HARVEY UPDATE (29 AUGUST) Corpus Christi, United States Submarine...
August 29th, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Inland Waterways, Port Conditions, Ports & Terminals, Weather | Read More

North P&I Club welcomes Airbus to CSO Alliance

North P&I Club welcomes Airbus to CSO Alliance
Colin Gillespie August 29, 2017 – North P&I Club has welcomed Airbus to the CSO Alliance, the industry-leading partnership of company security officers (CSOs) established to counter maritime crime. Airbus, the largest aerospace company in Europe and a world-leading manufacturer, has partnered...
August 29th, 2017 | Bribery and Corruption, Corruption, Health and Safety, Maritime Fraud, P and I Clubs, Piracy and Terrorism, Safety and Security | Read More