Archive for December, 2017

Louis Dreyfus Company joins Sustainable Shipping Initiative

Tom Holmer, General Manager of the Sustainable Shipping Initiative (SSI). LDC becomes a member of high profile leadership group working  to create a more sustainable maritime industry ROTTERDAM, THE NETHERLANDS and LONDON, UK – 18 DECEMBER 2017 – Global agricultural goods merchant Louis Dreyfus...
December 18th, 2017 | Associations, Environment | Read More

Hot Port News from GAC

Hot Port News from GAC
  18-Dec-2017 CHANNEL DEEPENING AT ANCHORAGE NO.7, UPDATE 3 Marcus Hook, United States Channel deepening at Anchorage No.7, Update 3 Monday, December 18, 2017, Marcus Hook, United States The Captain of the Port, Delaware Bay, is notifying mariners of an update to the current restrictions...
December 18th, 2017 | Canals, Inland Waterways, Port Conditions, Ports & Terminals | Read More

Opening of Europe’s largest drawbridge

Opening of Europe’s largest drawbridge
.. With a symbolic first train ride the Hamburg Port Authority opened the new Rethebridge in the Port of Hamburg. The new bridge connects important areas in the Port of Hamburg and will thereby optimize the traffic flow in the port and in the city. It is henceforth the biggest lifting bridge in Europe...
December 18th, 2017 | Construction, Inland Waterways, Logistics, Ports & Terminals, Rail | Read More

Hackers could sink a Bulk Carrier says Pen Test Partners

Hackers could sink a Bulk Carrier says Pen Test Partners
Strains on a vessel if it becomes overloaded Penetration testing experts Pen Test Partners, have highlighted how hackers could sink a bulk carrier by manipulating the loading data of its hull stress monitoring systems (HSMS) to deliberately cause an imbalance of cargo on the vessel without the crew being...
December 18th, 2017 | Corruption, IT and Communications, Maritime Accidents, Maritime Fraud, News, Safety and Security | Read More

Daily Overview of Global Markets & the SEE Region (Monday, December 18, 2017

Daily Overview of Global Markets & the SEE Region (Monday, December 18, 2017
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE: The Greek government has decided to assign the alignment of property tax assessment zonal values with market prices to certified appraisers through...
December 18th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Foreship predicts one third of shipping will opt for exhaust gas scrubbers

Foreship predicts one third of shipping will opt for exhaust gas scrubbers
Olli Somerkallio, Head of Machinery Department, Foreship Ltd. Shipowners weighing up their future marine fuel choices after the 2020 IMO 0.5% sulphur cap should also consider oil company expectations that up to 30% of commercial shipping will gravitate back to high sulphur fuel oil by 2030, according...
December 18th, 2017 | Bunkering, Emissions, Energy, Environment, Shipmanagement | Read More

Oslo Børs: Listing of Tysnes Sparebank at Merkur Market

Oslo Børs: Listing of Tysnes Sparebank at Merkur Market
Public listing of Tysnes Sparebank at Merkur Market Listing date: 18/12/2017 Ticker: TYSB-ME Tysnes Sparebank is an independent, local savings bank offering a full service concept for banking and financial services for both retail banking and corporate customers. The bank has its head...
December 18th, 2017 | Markets, Statistics, Stock Markets | Read More

Corvus Energy achieves ISO 9001:2015 certification

Corvus Energy achieves ISO 9001:2015 certification
.. Richmond, B.C. – December 18, 2017 – Corvus Energy is pleased to announce that it has achieved ISO 9001:2015 certification for its global operations, manufacturing and service processes. A recent audit covered ISO9001:2008 requirements and ISO 9001:2015 transition requirements. The scope of...
December 18th, 2017 | Energy, Marine Equipment Products and Services, Regulatory, Technical, Technology | Read More

INTTRA extends Digital Footprint in Northern China by expanding partnership with Ningbo International Logistics

INTTRA extends Digital Footprint in Northern China by expanding partnership with Ningbo International Logistics
Inna Kuznetsova, President and COO, INTTRA Parsippany, NJ, U.S., and Ningbo, China, December 18, 2017 – INTTRA, the largest neutral electronic transaction platform, software and information provider at the center of the ocean shipping industry, and Ningbo International Logistics today announced...
December 18th, 2017 | Environment, IT and Communications, Logistics, Marine Equipment Products and Services | Read More

TMS Ship Finance and Trade Conference 2017 – pics and videos…

TMS Ship Finance and Trade Conference 2017 – pics and videos…
… CONFERENCE HIGHLIGHTS IMPORTANCE OF INDUSTRY COLLABORATION TO BOOST SHIPPING AND TRADE INVESTMENT 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,...
December 17th, 2017 | Associations, Banking, Conferences, Seminars, Forums, Markets, Ports & Terminals, Shipfinance, Shipmanagement, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
  16-Dec-2017 WORLD HOLIDAYS: 17-30 DECEMBER 2017 Worldwide World Holidays: 17-30 December 2017 Saturday, December 16, 2017, Worldwide Public holidays around the world in the coming two weeks include the following: 18 Dec (Mon) – Qatar National Day 20 Dec (Wed) – South...
December 16th, 2017 | Holidays, Port Conditions, Ports & Terminals | Read More

P&I cover for autonomous vessels

P&I cover for autonomous vessels
Our series of Autonomous Vessels articles have highlighted the changes afoot in the maritime industry and legal environment. Developments continue apace and leading industry players expect to start seeing remotely operated vessels in commercial operation by 2020, if not before. One of the first types...
December 16th, 2017 | P and I Clubs, Shipmanagement, Technical, Technology | Read More

The BDI@1,619: nosedive, correction or market reality blues…?

The BDI@1,619: nosedive, correction or market reality blues…?
John Faraclas Falling Markets at the end of the day is nothing to be afraid of or being a bad thing so to speak, as it separates the wheat from the chaff, particularly as many failed to use the appropriate mechanisms with their risk assessment tools available and contain at worse this eight year old...
December 15th, 2017 | Academia, Alternative Sources of Energy, Anniversaries, Associations, Awards, Books, Charity, Chartering, Clubs, Communication, Education and Training, Emissions, Energy, Environment, European Union, Holidays, HR, Jobs, Logistics, Maritime Education and Training, Maritime Tourism, Markets, Military, News, Oil Spill, People and Places, Piracy and Terrorism, Politics and Government, Pollution, Press and Media, Reports, Sailing, Shipping Indices, Sports, Statistics, Stock Markets, Tankers, Tourism, WISTA - Women in Shipping, Yachting | Read More

Logistics park projects gain further pace at Marseille Fos

Logistics park projects gain further pace at Marseille Fos
Marseilles passenger terminal The Marseille Fos port authority is making a further 50 hectares of space available for development at the Feuillane logistics park close to the Fos container terminals.  The initiative marks growing demand for large-scale warehousing, a trend that is being echoed in nearby...
December 15th, 2017 | Logistics, Ports & Terminals | Read More

Hot Port News from GAC

Hot Port News from GAC
  15-Dec-2017 MARINE WORKS AT SOUTH-WESTERN CORNER OF CAUSEWAY BAY TYPHOON SHELTER Hong Kong PORT TO CLOSE ON CHRISTMAS DAY & NEW YEAR’S DAY Port Kembla, Australia Marine Works at South-western Corner of Causeway Bay Typhoon Shelter Friday, December 15, 2017, Hong Kong For...
December 15th, 2017 | Port Conditions, Ports & Terminals, Weather | Read More

December ECB meeting: Improved growth outlook, but little progress on inflation

December ECB meeting: Improved growth outlook, but little progress on inflation
Global Economic & Market Outlook – Focus Notes (Friday, December 15 2017) December ECB meeting: Improved growth outlook, but little progress on inflation At its regular monetary policy meeting on Thursday 14 December, as widely expected, the ECB Governing Council (GC) kept key policy interest...
December 15th, 2017 | Markets, Reports, Statistics, Stock Markets | Read More

Brad Jacobs, CEO, XPO Logistics honored with 2017 Connie Award by the Containerization & Intermodal Institute

Brad Jacobs, CEO, XPO Logistics honored with 2017 Connie Award by the Containerization & Intermodal Institute
2017 Connie Award recipient, Brad Jacobs (center), CEO, XPO Logistics, is congratulated by Michael DiVirgilio (far left), President, CII, and Jim Newsome (far right), President and CEO of South Carolina State Ports Authority and previous Connie Award recipient. The Port Authority of NY & NJ Recognized...
December 15th, 2017 | Awards, Logistics | Read More

CTG and GSA lead Ballast Water Compliance Training Workshop with Saudi Aramco

CTG and GSA lead Ballast Water Compliance Training Workshop with Saudi Aramco
… All attendees certified to use CTG’s FastBallast water analyser to ensure compliance with ballast water standards throughout Saudi Aramco ports 15 December 2017 – Chelsea Technologies Group (CTG) and Global Strategic Alliance Saudi Arabia (GSA), Chelsea’s exclusive agent and distributor...
December 15th, 2017 | Environment, Pollution, Regulatory | Read More

Cruise Industry Outlook report

Cruise Industry Outlook report
Cruise Lines International Association (CLIA) Releases 2018 State of the Cruise Industry Outlook and Cruise Travel Trends (WASHINGTON, DC, BRUSSELS, December 15, 2017) – Cruise Lines International Association (CLIA), the world’s largest cruise industry trade association, has released the 2018...
December 15th, 2017 | Associations, Cruise Industry, Reports | Read More

Greek Shipping Hall of Fame announces Induction Ceremony & Dinner 2018

Greek Shipping Hall of Fame announces  Induction Ceremony & Dinner 2018
[December 15, 2017] The Greek Shipping Hall of Fame is pleased to announce details of its next major event which will take place in Athens on the evening of Monday 19 March 2018 at Megaron – the Athens Concert Hall.    The Greek Shipping Hall of Fame Induction Ceremony & Dinner 2018 will be...
December 15th, 2017 | Anniversaries, Awards, Charity, Events, People and Places | Read More

DNV GL launches first classification guideline for additive manufacturing

DNV GL launches first classification guideline for additive manufacturing
The ability to produce metal parts in a 3D printing process anywhere holds great promise for the maritime sector. The picture shows a 3D-printed aluminium replica of a mooring chain testing bed at the DNV GL lab in Bergen Adding a new layer to shipping: DNV GL launches first class guideline for additive...
December 15th, 2017 | Classification Societies, Marine Equipment Products and Services, News, Technical, Technology | Read More

One of the tensest final days in Youth Worlds history

One of the tensest final days in Youth Worlds history
Israeli Laser Radial Boys – Maor Ben Hrosh standing Sanya, China delivered the tensest final day in the history of the Youth Sailing World Championships with eight gold medals decided on the final run to the finish line. Italy’s Margherita Porro and Sofia Leoni had confirmed gold in the Girl’s...
December 15th, 2017 | Sailing, Sports, Yachting | Read More

Daily Overview of Global Markets & the SEE Region (Friday, December 15, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, December 15, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Mirroring the negative sentiment in Wall Street overnight, Asian equity indices closed in the red on Friday and major European bourses...
December 15th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

IACS Council focuses on Quality Operations, Transparency and Ongoing Modernisation

IACS Council focuses on Quality Operations, Transparency and Ongoing Modernisation
IACS Chair Knut Ørbeck-Nilssen A series of measures to further strengthen IACS’ Quality offering were among a number of initiatives taken forward at C76 (London) – The International Association of Classification Societies (IACS) has focused on Quality issues at its biannual meeting held in...
December 15th, 2017 | Classification Societies, IACS, News, Shipmanagement | Read More

IFRS 15 – transition arrangements for shipping

IFRS 15 – transition arrangements for shipping
Michael Simms Michael Simms writes: With the introduction of a new accounting standard, how to incorporate the changes that arise from its initial application may give rise to issues which can be very challenging. This is something that shipping companies will have to consider. This can involve: technical...
December 15th, 2017 | Accountancy, News, Regulatory, Shipmanagement | Read More