Archive for April, 2018
The BDI down@1,341; “thanks” to the Capers…
John Faraclas
The BDI (Baltic Dry Index) continued its fall. Today 20 points were lost as the volatility of the Capers …pays-off. Geopolitics still dangerous and enigmatic. John Faraclas daily recap:
The Capers BCI lost 78 points earlier on today and now reads 2,173 points…
The Panamaxes’ BPI clinched...
April 30th, 2018 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Tankers | Read More
WISTA USA appoints Parker Harrison as president
Parker Harrison
New York, NY – April 30, 2018 – The Board of the US Chapter of WISTA, the Women’s International Shipping & Trading Association, appointed Parker Harrison, Vice President Procurement of Crowley Maritime Corporation, as President at WISTA USA’s Annual General Meeting in...
April 30th, 2018 | Charity, News, Person Profiles, WISTA - Women in Shipping | Read More
Hot Port News from GAC
30-Apr-2018
INCREASE IN BOOKING SLOTS FOR NEOPANAMAX VESSELS
Panama Canal, Panama
WATER SAFETY DAY
Hong Kong
ESTABLISHMENT OF SILT CURTAIN FOR DREDGING
Hong Kong
Increase in booking slots for Neopanamax Vessels
Monday, April 30, 2018, Panama Canal, Panama
The Panama Canal Authority announces an increase...
April 30th, 2018 | Port Conditions, Ports & Terminals | Read More
IBIA Caribbean Conference
Rear Admiral Peter Brady, Mrs Brady, Nigel Draffin, Georgette Kounalakis Bell, Justin Murphy, Sofia Konstantopoulou, George Kontogeorgis and Eric Deans
The International Bunker Industry Association (IBIA) and their partner The Maritime Authority of Jamaica (MAJ) have reported that the recent IBIA...
April 30th, 2018 | Bunkering, Events, Conferences,Forums and Symposiums | Read More
Context Free brings mimesis to Shoreditch’s Espacio Gallery
Marcia Mar in guru mask
Context Free brings mimesis to Shoreditch’s Espacio Gallery
By James Brewer
As a “collaborative gallery,” Espacio in Bethnal Green Road, Shoreditch, brings scores of artists together. Enlivening its latest exhibition, entitled Context Free, was the ultimate collaborative...
April 30th, 2018 | Art and auctions, Clubs, Communication, Events, Insight, Music, Paintings and Sculpture, People and Places | Read More
Diana fixes Caper “Salt Lake City” on period to Cargill
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACT FOR M/V SALT LAKE CITY WITH CARGILL
ATHENS, GREECE, April 30, 2018 – 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...
April 30th, 2018 | Chartering, Company Profiles, Dry Bulkcarriers, Markets, Stock Markets | Read More
Reducing the burden: New global oil and gas decommissioning consortium with unique approach for operators.
A collaborative supply chain approach to global decommissioning is launched today, offering an end-to-end solution from industry leaders, to reduce the decommissioning burden, risk and cost for operators.
The new global decommissioning consortium, which includes Lloyd’s Register (LR), WorleyParsons,...
April 30th, 2018 | Classification Societies, Marine Equipment Products and Services, Salvage, Towage, Wreck Removals, Technical, Technology | Read More
MISC Group welcomes the fifth and final Moss-type LNG carrier
MISC’s Fifth MOSS-Type LNG Carrier, the Seri Cemara
MISC Group, a leading provider of international energy-related maritime solutions and services, today announced it has taken delivery of Seri Cemara, the final edition to a series of five MOSS-Type Liquefied Natural Gas (LNG) carriers.
The 150,200...
April 30th, 2018 | LNG, Marine Equipment Products and Services, Shipbuilding and Shipyards, Technical, Technology | Read More
Daily Overview of Global Markets & the SEE Region (Monday, April 30, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: According to the advance estimate, US Q1 2018 GDP slowed to 2.1%qoq saar compared to 2.9% in Q4 2017, albeit higher than 2.0% expected. Looking ahead, the soft patch in Q1 is likely to prove transitory as business investment growth...
April 30th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Viking Grace becomes first passenger ship in the world to use a rotor sail for wind-assisted propulsion
The “Viking Grace” with its new rotor sail installed
30 April 2018 – Viking Line has installed a rotor sail on the LNG-fuelled Viking Grace, making it the first passenger ship in the world equipped with a rotor sail for the utilisation of wind power. Lloyd’s Register (LR) approved...
April 30th, 2018 | Alternative Sources of Energy, Classification Societies, Marine Equipment Products and Services, News, Ro-Ro and Passenger Ferries, Technical, Technology | Read More
GAC Taiwan lands agency contract from DSLNG
LNG Maleo ©DSLNG
Taiwan, 30 April 2018 – GAC Taiwan has secured an agency contract from Donggi Senoro Liquefied Natural Gas (DSLNG), Indonesia’s leading liquefied natural gas provider, to handle its vessels’ calls and provide discharge agency and husbandry services at the ports of Taichung and...
April 30th, 2018 | Energy, LNG, Ship Agencies | Read More
Clyde & Co Legal Update: Court denies security for costs to protect claimants
On occasion, parties engaged in court proceedings will consider procedural tactics with the ultimate intention of exerting such pressure on their adversaries that their weakened position, or even inability to pursue the proceedings, will work to their advantage.
Such a situation arose in (1) Deleclass...
April 30th, 2018 | Legal, Marine Insurance | Read More
SurvitecZodiac range set for NAVEXPO debut
…
Safety solutions provider Survitec is to display its SurvitecZodiac range at NAVEXPO International in Lorient for the first time next month.
The event runs from the 15th to the 17th of May in the South Brittany port and represents the perfect opportunity to showcase the SurvitecZodiac range...
April 30th, 2018 | Events, Conferences,Forums and Symposiums, Exhibitions, Health and Safety, Marine Equipment Products and Services | Read More
HFW Insurance and Reinsurance Brexit Considerations
Richard Spiller, Partner
Following the second phase of negotiations on the withdrawal agreement in March 2018, while progress has been made in clarifying the position in some respects, (re)insurance businesses are still waiting for answers to important questions on the future relationship between the...
April 30th, 2018 | Insurance and Reinsurance, Legal, Marine Insurance | Read More
Sreepur Fundraising Dinner 2018 at the House of Commons
The Houses of Parliament
Four years ago, the UK member of parliament Jim Fitzpatrick and his team organised his third fundraising dinner at the House of Commons, for the benefit of 150 destitute mothers and 500 children of Sreepur village orphanage in Bangladesh. Last Friday, parliament opened its doors...
April 29th, 2018 | Charity, Events, People and Places | Read More
Exhibition Run: Nice just warming up!
Picture credits ©Morgan Bove / A.S.O.
To note:
– Actual-Grand Large Emotion dominates the Exhibition Run ahead of Sodebo Ultim’ and IDEC SPORT
– The public in Nice come out in force for this spectacular, unique event contested right next to the shore
– D-3 before the kick-off of...
April 29th, 2018 | Sailing, Sports, Yachting | Read More
Henri Demesmaeker and Frederique van Eupen (BEL) winners Nacra 15 Worlds 2018
From the race
Congratulations to Henri Demesmaeker and Frederique van Eupen and their coach Sebbe Godefroid for winning the 2018 Nacra 15 World Championship in Barcelona…!
Over the last week in Barcelona, 60 eager Nacra 15 youth teams representing 18 Nations and four continents sailed their...
April 29th, 2018 | Sailing, Sports, Weather, Yachting | Read More
Hot Port News from GAC
29-Apr-2018
TEMPORARY PORT CLOSURE DUE TO STRONG WIND
Dammam, Saudi Arabia
VESSEL STEERING FAILURE & GROUNDING
Suez Canal, Egypt
HIGH WINDS & BAD WEATHER HALT PORT OPS
Al Jubail, Saudi Arabia
TRAFFIC SUSPENDED DUE TO FOG
Beaumont, United States
AGREEMENT FOR EAST GRAND BAHAMA REFINERY &...
April 29th, 2018 | Groundings, Maritime Accidents, Port Conditions, Ports & Terminals, Safety and Security, Weather | Read More
Angelos: Let There Be Light – artist’s cosmic retrospective at the Hellenic Centre
Maridia Kafetzopoulou, Angelos, and Constantine Lemos,
Angelos: Let There Be Light – artist’s cosmic retrospective at the Hellenic Centre
James Brewer and John Faraclas were at an opening night with a galactic ambience. Their report:
Some 400 people, including an array of dignitaries, flocked to...
April 28th, 2018 | Art and auctions, Exhibitions, Insight, Paintings and Sculpture, People and Places | Read More
Nice, the capital of immoderation
©Jean-Marie Liot / A.S.O
To note:
Sodebo Ultim’, IDEC SPORT and Actual-Grand Large Emotion are moored in Nice harbour (Quai Infernet)
Over 5,000 entries racked up for the first day of the Discovery Exhibition situated along the Promenade des Anglais (free entry)
Kick-off tomorrow, Sunday at 11:30am...
April 28th, 2018 | Sailing, Sports, Yachting | Read More
Hot Port News from GAC
28-Apr-2018
WORLD HOLIDAYS: 29 APRIL-12 MAY 2018
Worldwide
World Holidays: 29 April-12 May 2018
Saturday, April 28, 2018, Worldwide
Public holidays around the world in the coming two weeks include the following:
1 May (Tue) – Labour Day/Workers’ Day/May Day
1 May (Tue) – Turkmenistan Unity Day
2...
April 28th, 2018 | Holidays, Port Conditions, Ports & Terminals | Read More
Spetsiot Heroine Bouboulina’s posthumous award well deserved
..
It was about time – nearly two centuries, after 193 years from her death, the Spetsiot heroine of the Greek War of Independence in 1821 to be awarded the rank of vice-admiral! John Faraclas writes:
A very timely move by Greece’s ministry of National Defence to honour the first Greek patriot...
April 28th, 2018 | Awards, Military, WISTA - Women in Shipping | Read More
The BDI@1,361; what’s next..?
John Faraclas
The BDI ended the day with minus 14 points; on a weekly basis it was an 80 points plus (from 1,281 on 20/4)… The Capers just returned where they were; that’s all about the Capers’ surge. Geopolitics are preparing us for stage three, that is to say survival as the storm approaches....
April 27th, 2018 | Art and auctions, Chartering, Dry Bulkcarriers, Events, Markets, News, Paintings and Sculpture, People and Places, Reports, Shipping Indices, Statistics, Tankers | Read More
2018 Hyeres Live Preview
…
Hyeres Heads Into Final Day
Upcoming – Saturday’s Live Medal Races
The 49er, 49erFX, and Nacra 17 will finish the 2018 Sailing world Series Hyeres on Saturday with medal racing live broadcast via youtube. The broadcast starts at XX local time and can be viewed from either of the 49er or Nacra...
April 27th, 2018 | Events, Sailing, Sports, Yachting | Read More
Hot Port News from GAC
27-Apr-2018
VESSEL TRAFFIC SUSPENDED
Bosphorus, Turkey
MAXIMUM AUTHORIZED DRAFT FOR NEOPANAMAX LOCKS
Panama Canal, Panama
Vessel traffic suspended
Friday, April 27, 2018, Bosphorus, Turkey
Vessel traffic in the Bosphorus was suspended due to the poor visibility (dense fog) at 06.17 hours local time...
April 27th, 2018 | Canals, Inland Waterways, Port Conditions, Ports & Terminals, Weather | Read More
