Archive for November, 2017

Despite BDI’s plus symbol the Markets are uncertain

Despite BDI’s plus symbol the Markets are uncertain
John Faraclas The BDI (Baltic Dry Index)  gained 11 points earlier on today and now reads 1,396 – about to go, hopefully over and above the 1,400 threshold and give some hope to interested parties… The Geopolitics are turning once again sour. John Faraclas’ Market briefing: The Capers managed...
November 21st, 2017 | 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
  21-Nov-2017 HIGH WINDS HALT PORT ACTIVITY Jeddah & Yanbu, Saudi Arabia High winds halt port activity Tuesday, November 21, 2017, Jeddah & Yanbu, Saudi Arabia Marine movement at Jeddah port was stopped at 0810 hours local time today (21 November), due to high and unstable...
November 21st, 2017 | Port Conditions, Ports & Terminals, Weather | Read More

State-of-the-art NMDC dredger launched with Wärtsilä propulsion system

State-of-the-art NMDC dredger launched with Wärtsilä propulsion system
NMDC’s newly delivered hopper dredger features a Wärtsilä propulsion package. The technology group Wärtsilä has supplied the full propulsion package for a new, state-of-the-art Trailing Suction Hopper Dredger (TSHD) that was launched in September. The vessel is owned by National Marine Dredging...
November 21st, 2017 | Marine Equipment Products and Services, News, Shipbuilding and Shipyards, Technology | Read More

Germany: Coalition talks come to a deadlock; what options are on the table

Germany: Coalition talks come to a deadlock; what options are on the table
Global Economic & Market Outlook – Focus Notes (Tuesday, November 21, 2017) Germany: Coalition talks come to a deadlock; what options are on the table The three-party Jamaica coalition talks involving Angela Merkel’s Conservative Christian democratic political alliance CDU/CSU, the liberal...
November 21st, 2017 | Reports | Read More

London P&I Club warning on excessive position-fixing intervals

London P&I Club warning on excessive position-fixing intervals
Carl Durow The London P&I Club says excessive onboard position-fixing intervals have been a contributory factor in some recent costly claims. In one case, a laden bulk carrier grounded on a shoal, in circumstances where a previous inaccurate dead-reckoning plot was not detected in time. Although...
November 21st, 2017 | P and I Clubs | Read More

Navis Unveils Product Innovation at Carrier and Vessel Solutions Customer Conference

Navis Unveils Product Innovation at Carrier and Vessel Solutions Customer Conference
  To Meet Growing Industry Demand for Greater Collaboration, Navis Unveils Product Innovation and Integration at Carrier and Vessel Solutions Customer Conference  Oakland, CA — November 21, 2017 —Navis, a part of Cargotec Corporation and provider of operational technologies and services...
November 21st, 2017 | Events, Conferences,Forums and Symposiums, Marine Equipment Products and Services | Read More

Concern over cyber liability and lack of regulation hindering implementation of unmanned ships

Concern over cyber liability and lack of regulation hindering implementation of unmanned ships
… Concern over increased cyber security threat Uncertainty surrounding insurance cover availability Doubts raised over industry readiness for new technology Almost two thirds (64%) of global marine industry executives believe there is uncertainty surrounding liability issues relating to unmanned...
November 21st, 2017 | Books, IMarEST, Legal, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 21, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 21, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Increased political uncertainty in Germany keeps the EUR under pressure with the EUR/USD hovering around 1.1730/35 in European trade...
November 21st, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

5-4-3-2-1 ….. the clock is ticking for MECSS 2017

5-4-3-2-1 ….. the clock is ticking for MECSS 2017
Kevin Daffey The Marine Electrical and Control Systems Safety Conference (MECSS 2017) opens tomorrow (Wednesday 22 November) at Glasgow’s Technology & Innovation Centre (TIC). Delegates have travelled to be at the two-day event from Japan, The Netherlands, Norway, and from all around the UK;...
November 21st, 2017 | Associations, Conferences, Seminars, Forums, IMarEST | Read More

Hapag-Lloyd adds low-carbon refrigerant containers from Maersk Container Industry

Hapag-Lloyd adds low-carbon refrigerant containers from Maersk Container Industry
Niklas Ohling The company invests in 1,000 Star Cool Integrated™ containers chilled by the environmentally friendly R513A refrigerant system. To maintain and expand its container fleet, Hapag-Lloyd, a global container line, has purchased 3,700 Star Cool Integrated™ containers as part of their recent...
November 21st, 2017 | Containers, Emissions, Environment, Marine Equipment Products and Services, Markets, Reefer Containers, Technical, Technology | Read More

Uncertainty for both Dry and Wet Markets

Uncertainty for both Dry and Wet Markets
John Faraclas The BDI ended up earlier on today at 1,385 points – plus 14 since last Friday’s 1,371 points, thanks mainly to the Capers and to a lesser extent the Supras… The Geopolitics still in limbo. John Faraclas’ brief market note: The Capers’ BCI was up 61 points at 3,214...
November 20th, 2017 | Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Markets, News, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

An evening of fashion and elegance at the Greek Ambassador’s Residence

An evening of fashion and elegance at the Greek Ambassador’s Residence
Hand crocheted long necklace and bracelet made from silk, metallic threads and precious stones. The historic residence of Elena Schilitzi-Venizelou, the wife of Greece’s most acclaimed prime minister and that of George Seferis as Greece’s ambassador to the United Kingdom (1957-1961) and Nobel Laureate...
November 20th, 2017 | Events, Exhibitions, Fashion, Jewelry, People and Places, Social Columns | Read More

Conference highlights importance of industry collaboration to boost shipping and trade investment

Conference highlights importance of industry collaboration to boost shipping and trade investment
Participants, officials and speakers* Abu Dhabi – The 3rd Annual The Maritime Standard Ship Finance & Trade Conference, held at the Sheraton Abu Dhabi Hotel & Resort, assembled a high quality panel of speakers, from a wide variety of backgrounds, to discuss and debate the key issues and...
November 20th, 2017 | Events, Conferences,Forums and Symposiums, Ports & Terminals, Shipmanagement | Read More

2020 Fuel Regulations – a new (old) approach  

2020 Fuel Regulations – a new (old) approach  
Dr. Ram Vis Dr. Ram Vis was a speaker at GST/Shipping 2030 in New York last week. Viewers can read herebelow his reflections on how the maritime industry should be approaching the fuel issue: Historically, Charles Lamb is credited with introducing heavy fuels in Diesel Engines. There was serious competition...
November 20th, 2017 | Bunkering, Emissions, Environment, Events, Conferences,Forums and Symposiums, Technical, Technology | Read More

The founder of Telemar UK takes up the helm at SRHi in UK

The founder of Telemar UK takes up the helm at SRHi in UK
Hans Rasmussen – Chairman The founder member of Telemar (UK) Ltd, Rodger Perks, who stepped down from the board at the end of September, after 18 years as managing director, has agreed to postpone retirement to join the board of SRH International (SRHi) based in London, as a non-executive director. SRHi...
November 20th, 2017 | Company Profiles, IT and Communications, Marine Equipment Products and Services, Person Profiles, Technical, Technology | Read More

Risk assessments for fishing operations

Risk assessments for fishing operations
… In 2016, the Club experienced a high volume of crew injury claims on fishing vessels. The latest in our series of Risk assessment articles focuses on risk assessments for fishing operations to assist members in mitigating such claims. Of the claims recorded by the Club, three main areas of causation...
November 20th, 2017 | Fisheries, P and I Clubs | Read More

Statement from North P&I Club regarding Brexit

Statement from North P&I Club regarding Brexit
November 20, 2017 – Following the result of the UK referendum on membership of the EU in July 2016, North and Sunderland Marine have been developing contingency plans to ensure that both companies continue to have access to EU markets. North and Sunderland Marine currently rely on EU passporting...
November 20th, 2017 | P and I Clubs | Read More

Tsavliris takes charge of top school in Athens

Tsavliris takes charge of top school in Athens
Nicholas A. Tsavliris NICOLAS A. TSAVLIRIS, NEW CHAIRMAN OF THE BOARD OF DIRECTORS OF THE HELLENIC-AMERICAN EDUCATIONAL FOUNDATION Nicolas A. Tsavliris was elected Chairman of the Hellenic-American Educational Foundation (Athens College), the largest and most prestigious school in Greece. Mr Tsavliris...
November 20th, 2017 | Education and Training, Marine Insurance, News, Person Profiles, Salvage, Towage, Wreck Removals | Read More

British Safety Council opens office in India to help save lives

British Safety Council opens office in India to help save lives
Launching the British Safety Council’s office in Mumbai – from left to right – Lynda Armstrong, Chair of the British Safety Council; Hemant Sethi, Country Manager, British Safety Council, India; Antony Selvaraj, Chairman & Managing Director of NIST; Mike Robinson, Chief Executive of the...
November 20th, 2017 | Associations, Environment, Health and Safety | Read More

Presenting: Technology in Shipping Report 2017

Presenting: Technology in Shipping Report 2017
Technology in Shipping Technology is reshaping the marine industry. Over the next few years new technologies will completely transform shipping: an industry that is the engine of 90% of global trade. Clyde & Co and IMarEST teamed up in a joint initiative to seek insight on emerging technologies...
November 20th, 2017 | Associations, IMarEST, Legal, Shipmanagement, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Monday, November 20, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, November 20, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE: According to press reports, in spite of the significant number of prior actions that are still pending, a staff level agreement for the 3rd programme...
November 20th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Liberia strikes blow for global shipping with challenge to Brazilian court ruling

Liberia strikes blow for global shipping with challenge to Brazilian court ruling
Scott Bergeron The Liberian Registry, in co-operation with the International Chamber of Shipping (ICS), has succeeded in helping the holder of a Liberian mortgage to overturn a decision of the Brazilian courts which, if left uncontested, could have had serious adverse legal and economic consequences...
November 20th, 2017 | Associations, Banking, Energy, Flags, International Chamber of Shipping, Legal, Markets, Oil Industry, Oil Platforms and Rigs, Shipfinance | Read More

Oslo Børs: Merkur Market companies nominated for awards in Brussels

Oslo Børs: Merkur Market companies nominated for awards in Brussels
Merkur Market companies nominated for awards in Brussels 20/11/2017 Companies listed with Oslo Børs have been nominated in three of the four categories of the European Commission’s European Small and Mid-Cap Awards, which are awarded to European companies that have recently listed on a stock exchange. ...
November 20th, 2017 | Awards, Markets, News, Statistics, Stock Markets | Read More

Colombia shares a tasteful art form – painting with coffee

Colombia shares a tasteful art form – painting with coffee
Ariana and her coffee art. Colombia shares a tasteful art form – painting with coffee  By Graciete Amaro and James Brewer A caffeine boost is being administered by Colombia to the world of fine art. The coffee-cultivating republic is proud of its output of high-quality beans, and at its national stand...
November 18th, 2017 | Art and auctions, Events, Exhibitions, Food and Drink, Paintings and Sculpture, Tourism | Read More

Hot Port News from GAC

Hot Port News from GAC
  18-Nov-2017 WORLD HOLIDAYS: 19 NOVEMBER-2 DECEMBER 2017 Worldwide World Holidays: 19 November-2 December 2017 Saturday, November 18, 2017, Worldwide Public holidays around the world in the coming two weeks include the following: 19 Nov (Sun) – Sultan’s Birthday (Oman) 22...
November 18th, 2017 | Holidays, Port Conditions, Ports & Terminals | Read More