Archive for February, 2018

From stamp to screen: DNV GL issues over 50,000 electronic certificates

From stamp to screen: DNV GL issues over 50,000 electronic certificates
Hamburg, 20 February 2018: With the introduction of IMO compliant electronic class and statutory certificates DNV GL took classification into new territory. Now, just four months after the launch of this new service, more than 50,000 certificates have been issued. “We have been overwhelmed by the...
February 20th, 2018 | Classification Societies, IT and Communications, Marine Equipment Products and Services, News, Regulatory, Safety and Security, Shipmanagement | Read More

Britannia appoints new exclusive correspondent in Taiwan

Britannia appoints new exclusive correspondent in Taiwan
In a move to maintain the highest possible service levels to its Members in Asia, Britannia P&I has recently made two important changes. In April last year, Britannia’s Managers, Tindall Riley, acquired the club’s Exclusive Correspondent in Japan, Cornes P&I. Renamed Tindall Riley (Britannia)...
February 20th, 2018 | Company Profiles, Mergers and Acquisitions, P and I Clubs | Read More

Toward the tipping point: new research provides a reality check on the outlook for renewable energy.

Toward the tipping point: new research provides a reality check on the outlook for renewable energy.
Karl Ove Ingebrigtsen Technology Radar 2018 “Renewable Energy” report – launched today by Lloyd’s Register – analyses the sizeable renewable energy impacts in the next five (5) years and beyond. It provides answers from leading industry experts on their optimism, concerns and investment...
February 20th, 2018 | Alternative Sources of Energy, Classification Societies, Energy, Environment, News, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, February 20, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, February 20, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasuries were weaker in early European trade on Tuesday and the 2/10-yr yield curve flattened, in line with the recent equity market recovery.  In FX markets, the USD was firmer supported by higher US Treasury yields. Looking...
February 20th, 2018 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Chaucer joins IUA

Chaucer joins IUA
Dave Matcham The International Underwriting Association has announced Chaucer Insurance Company DAC as its newest member company. The firm was established last year, as part of the wider Chaucer group, to write a broad range of international specialty insurance business. It offers clients greater choice...
February 20th, 2018 | Company Profiles, Insurance and Reinsurance, IUA, News | Read More

Wärtsilä and Maersk Drilling create a joint 25-year strategy for thruster services…

Wärtsilä and Maersk Drilling create a joint 25-year strategy for thruster services…
Maersk Drilling Wärtsilä and Maersk Drilling create a joint 25-year strategy for thruster services to increase uptime and reduce costs Wärtsilä Corporation, 20 February 2018 at 10.30 a.m. EET The technology group Wärtsilä and the global drilling contractor Maersk Drilling have joined forces...
February 20th, 2018 | Drill ships, Energy, Marine Equipment Products and Services | Read More

Total Lubmarine Introduces Newest Environmentally Acceptable Lubricant

Total Lubmarine Introduces Newest Environmentally Acceptable Lubricant
Global marine lubricant provider Total Lubmarine has announced the introduction of a new grease product: BIO OG PLUS – an innovative addition to an already comprehensive Environmentally Acceptable Lubricant (EAL) range. Specifically formulated for sensitive applications such as open gears and chains...
February 20th, 2018 | Bunkering, Environment, Marine Equipment Products and Services | Read More

The BDI@1,087: still expecting the Chinese Dog to bark..

The BDI@1,087: still expecting the Chinese Dog to bark..
John Faraclas The BDI (Baltic Dry Index) …kept its “pace” thanks to the rising Panamaxes trying to balance the continuous Capers fall. Geopolitics as expected and warned you already, entered the point of no return. John Faraclas’ daily markets and geopolitics briefing: The BDI clinched three...
February 19th, 2018 | Banking, Energy, Environment, Finance, Military, News, Reports, Shipfinance, Shipping Indices | Read More

Countdown to World Ports Sustainability Program launch – Antwerp 22-23 March

Countdown to World Ports Sustainability Program launch – Antwerp 22-23 March
The World Ports Sustainability Program (WPSP) will be launched in Antwerp on 22-23 March. Hosted by Antwerp Port Authority, this exciting two-day event is set to map out ways in which world ports will contribute to the UN 2030 Agenda for Sustainable Development. Initiated by the International Association...
February 19th, 2018 | Associations, Environment, Ports & Terminals | Read More

Hot Port News from GAC

Hot Port News from GAC
  19-Feb-2018 CONSTRUCTION OF LAND-BASED LNG FACILITY UNDERWAY  Gothenburg, Sweden PORT OPERATIONS LARGELY UNAFFECTED AS CYCLONE MAKES LAND FALL  Australia REPAIRS TO LIGHT BEACON OFF ADAMASTA CHANNEL Hong Kong RESTRICTED ANCHORING ADJACENT TO UAE EAST COAST TERRITORIAL WATERS Fujairah,...
February 19th, 2018 | Construction, Ports & Terminals, Weather | Read More

HFW Insurance Bulletin 19 Feb 2018 – Edition 3

HFW Insurance Bulletin 19 Feb 2018 – Edition 3
In this week’s Bulletin: 1. REGULATION AND LEGISLATION UK: Prudential Regulation Authority’s Report on General Insurance Actuarial Function Reports 2. COURT CASES AND ARBITRATION UK: Fundamental dishonesty overrides substantial injustice argument UK: P.I. insurance:...
February 19th, 2018 | Communication, Legal, Press and Media | Read More

Indonesia’s new protectionist rules are worrying at times of free trade talks with the EU

Indonesia’s new protectionist rules are worrying at times of free trade talks with the EU
Martin Dorsman European shipowners are opposing a decree Indonesia adopted recently. The new law imposes that certain commodities can only be transported for import or export by national maritime transport companies. Commodities affected are coal, crude palm oil, rice and goods for government procurement....
February 19th, 2018 | Associations | Read More

Iskes Towage & Salvage adds two more Damen ASD Tugs 2810 to its fleet

Iskes Towage & Salvage adds two more Damen ASD Tugs 2810 to its fleet
Damen ASD Tugs 2810. Iskes Towage & Salvage, the leading maritime service provider based in the port of IJmuiden/Amsterdam, has taken delivery of two Damen ASD Tugs 2810. The vessels were built at Damen Song Cam Shipyards, Vietnam, and delivered last year to Damen Shipyards Gorinchem, the Netherlands,...
February 19th, 2018 | Marine Equipment Products and Services, Salvage, Towage, Wreck Removals, Shipbuilding and Shipyards | Read More

Digitalisation signals “fourth industrial revolution” for global ports sector: PEMA

Digitalisation signals “fourth industrial revolution” for global ports sector: PEMA
From PEMA’s annual general meeting, which was held in the Spanish port city of Bilbao. The digitalisation of ports and terminal operations offers ways to realise a “fourth industrial revolution”, bringing with it safety, operational, and environmental benefits, delegates heard at the Port Equipment...
February 19th, 2018 | Associations, Conferences, Seminars, Forums, Marine Equipment Products and Services | Read More

Demonstrated compliance in CIC on Safety of Navigation

Demonstrated compliance in CIC on Safety of Navigation
Richard Schiferli Port State Control Officers in the Paris MoU region and the Tokyo MoU performed a joint Concentrated Inspection Campaign (CIC) on Safety of Navigation, including ECDIS, 2017 in the period from 1 September to 30 November 2017. The aim of the CIC was to verify that the minimum standards...
February 19th, 2018 | Regulatory, Safety and Security | Read More

SMM Hamburg – DIT TAP Grants available

SMM Hamburg – DIT TAP Grants available
4th – 7th September 2018 Hamburg Messe | Germany DIT TAP Grants are available for this show worth £1,500 for eligible companies.  In the shipbuilding, equipment, and services market this exhibition stands out as the must do industry event.  SMM Hamburg, with 2,200 exhibitors and 90,000 square...
February 19th, 2018 | Associations, Events, Conferences,Forums and Symposiums, Exhibitions | Read More

ING and EIB provide EUR 300m to finance green shipping

ING and EIB provide EUR 300m to finance green shipping
l to r: Stephen Fewster, Global Head of Transportation Finance at ING, Werner Hoyer EIB President, Isabel Fernandez, Head of Wholesale Banking at ING Amsterdam, 19 February 2018 – ING and the European Investment Bank (EIB) today signed an agreement to support green investments for the European...
February 19th, 2018 | Banking, Emissions, Environment, European Union, Finance, Inland Waterways, Insurance and Reinsurance, Marine Insurance, Politics and Government, Ports & Terminals, Shipfinance | Read More

Bureau Veritas’ digital drive | P&I clubs aim to stay afloat | Sizing up 7mountains

Bureau Veritas’ digital drive | P&I clubs aim to stay afloat | Sizing up 7mountains
The leading source for maritime industry news & analysis SUBSCRIBE >>> Philippe Donche-Gay DAILY NEWSWIRE Technology partnerships and acquisitions key to Bureau Veritas’ digital drive Classification society’s president of marine and offshore and deputy chief executive...
February 19th, 2018 | Communication, Underwater Shipping | Read More

U-FREIGHT partner grows in Poland

U-FREIGHT partner grows in Poland
RGW Express, the Polish independent freight forwarder and agent of the U-Freight Group (UFL), is increasing its presence in Poland. Earlier this month, the company – with its offices in the Czech Republic, Hungary, and Poland – moved to a larger facility in Warsaw, which is now fully operational. The...
February 19th, 2018 | Company Profiles, Inland Waterways, Land Trasnport, Logistics, Rail | Read More

EMAS Offshore to be delisted from Oslo Børs

EMAS Offshore to be delisted from Oslo Børs
19/02/2018 – The Oslo Stock Exchange has resolved to delist EMAS Offshore Limited.  The Oslo Stock Exchange has passed the following resolution: “The Oslo Stock Exchange considers that EMAS Offshore Limited, issuer of shares with ISIN SG1AD2000008, is not suitable for listing on the Oslo Stock...
February 19th, 2018 | Statistics, Stock Markets | Read More

Hot Port News from GAC

Hot Port News from GAC
WORLD HOLIDAYS: 18 FEBRUARY-3 MARCH 2018 Worldwide World Holidays: 18 February-3 March 2018 Sunday, February 18, 2018, Worldwide Public holidays around the world in the coming two weeks include the following: 15 Feb (Thu)-21 Feb (Wed) – Chinese New Year 19 Feb (Mon) – Presidents Day (USA) 19 Feb...
February 18th, 2018 | Holidays, Ports & Terminals | Read More

IMarEST’s Scottish Branch 64th Annual dinner

IMarEST’s Scottish Branch 64th Annual dinner
A full view during the chairman’s speech Glasgow, 17 February  2018  – The Scottish Branch of IMarEST hosted its 64th Annual Dinner with commendable success; Anna Kaparaki and Eleni Bouri report: Around 250 members and guests attended the 64th Annual Dinner of the Scottish Branch of the...
February 17th, 2018 | Anniversaries, Charity, Communication, Events, Food and Drink, IMarEST, People and Places | Read More

David Milne: Modern Painting enthrals at Dulwich Picture Gallery

David Milne: Modern Painting enthrals at Dulwich Picture Gallery
Red. 1914. By David Milne. David Milne: Modern Painting enthrals at Dulwich Picture Gallery By James Brewer For his voyage into modernity, the painter David Milne was in good company, his work being shown at an early stage alongside that of Matisse, Braque, Monet and Van Gogh. Since then, he has been...
February 17th, 2018 | Art and auctions, Exhibitions, Paintings and Sculpture | Read More

The 2nd Annual Capital Link Cyprus Shipping Forum

The 2nd Annual Capital Link Cyprus Shipping Forum
The Bornozis’ with captain Panagiotis N. Tsakos at a full house during the event The 2nd Annual Capital Link Cyprus Shipping Forum: A Vote of Confidence in Cyprus’s rising role in World Shipping; Dr. Loukas Gr. Glyptis writes on the afternoon sessions: The annual Capital Link Cyprus Shipping...
February 16th, 2018 | Conferences, Seminars, Forums, Markets, Shipbuilding and Shipyards, Shipfinance, Shipmanagement | Read More

BDI’s controlled fall@1,084; Geopolitics more than perplexed

BDI’s controlled fall@1,084; Geopolitics more than perplexed
John Faraclas The BDI (Baltic Dry Index) lost since four points yesterday,  44 since last week and now stands at 1,084 points – from 1,125. The Geopolitics are so perplexed – given also the amassed global debt for which we have warned long ago in various multi-theme reporting. John Faraclas’...
February 16th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Tankers | Read More