Archive for May, 2018

Hot Port News from GAC

Hot Port News from GAC
21-May-2018 MARINE SITE INVESTIGATION OFF PIER AT SAM MUN TSAI, TAI PO Hong Kong CONSTRUCTION OF OUTFALL STRUCTURE & INSTALLATION OF SILT CURTAINS Singapore Marine site investigation off pier at Sam Mun Tsai, Tai Po Monday, May 21, 2018, Hong Kong For approximately one month, marine site inspection...
May 21st, 2018 | Port Conditions, Ports & Terminals | Read More

Naval Dome welcomes Siemens’ charter of trust initiative

Naval Dome welcomes Siemens’ charter of trust initiative
Itai Sela Naval Dome, the maritime cyber security system provider, has welcomed the Charter of Trust initiative implemented by German technology group Siemens and which has since welcomed a “who’s who” of global technology companies and brands. The Charter looks to address the cyber security challenges...
May 21st, 2018 | Safety and Security | Read More

Diana Containerships Inc. Announces the Sale of Another Post-Panamax Container Vessel, the m/v Puelo

Diana Containerships Inc. Announces the Sale of Another Post-Panamax Container Vessel, the m/v Puelo
.. Diana Containerships Inc. Announces the Sale of Another Post-Panamax Container Vessel, the m/v Puelo ATHENS, GREECE, May 21, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that it has...
May 21st, 2018 | Container shipping, Sales and Purchases | Read More

Bureau Veritas 21st Regional Hellenic & Black Sea Committee 2018

Bureau Veritas 21st Regional Hellenic & Black Sea Committee 2018
Didier Bouttier, Tony Lauritzen, Philippe Donche-Gay, George Procopiou, Paillette Palaiologou, George Dalacouras, Matthieu De Tugny. The 21st Annual Meeting of the Hellenic and Black Sea Committee of Bureau Veritas, hosted by the Vice President Regional Chief Executive Hellenic & Black Sea Region,...
May 21st, 2018 | Classification Societies, Conferences, Seminars, Forums, Events | Read More

Daily Overview of Global Markets & the SEE Region (Monday, May 21, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, May 21, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity markets witnessed a rival in risk appetite in early European trade on Monday favored by improved US/China trade relations over the weekend. As a result, the USD extended recent gains with the DXY index moving above the...
May 21st, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

New COO for Transnet National Ports Authority

New COO for Transnet National Ports Authority
Ms Nozipho Mdawe, Chief Operating Officer (COO), [Johannesburg, South Africa, 21 May 2018]  As Transnet National Ports Authority (TNPA) settles into the new financial year 2018/19 its focus is on using its strengths to grow and diversify its business and to establish itself as a world class ports authority. Ms...
May 21st, 2018 | Company Profiles, News, Person Profiles, Ports & Terminals | Read More

Sulphur Cap Chaos in 2020 Warn World’s Shipowners

Sulphur Cap Chaos in 2020 Warn World’s Shipowners
Esben Poulsson The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the UN International Maritime Organization (IMO) urgently resolves some serious issues concerning the successful implementation of the 0.5 percent sulphur in marine fuel cap, which is scheduled to come into...
May 21st, 2018 | Associations, Breaking News, Emissions, Environment, Health and Safety, International Chamber of Shipping, Pollution | Read More

Okskaya Sudoverft delivers first ROB20 barge

Okskaya Sudoverft delivers first ROB20 barge
Okskaya Sudoverf delivers Belmax 1, first non-self-propelled tank barge of Project ROB20 On 17 May 2018, Okskaya Sudoverf Shipyard (a company of UCL Holding) delivered the first non-self-propelled tank barge of Project ROB20, Belmax 1, to the Customer, PAO STLC. Non-self-propelled tank barges of Project...
May 21st, 2018 | Shipbuilding and Shipyards | Read More

Sensation: Iranian art in sensational first exhibition at Cama Gallery, London

Sensation: Iranian art in sensational first exhibition at Cama Gallery, London
Art advisor Elouise Lecuyer with ‘UK’ by Fereydoon Omidi. Sensation: Iranian art in sensational first exhibition at Cama Gallery, London By James Brewer Attempts to isolate Iran politically for these past four decades have had an unexpected result: they have driven forward a dramatically...
May 21st, 2018 | Art and auctions, Events, Exhibitions | Read More

Hot Port news from GAC

Hot Port news from GAC
19-May-2018 WORLD HOLIDAYS: 20 MAY-2 JUNE 2018 Worldwide World Holidays: 20 May-2 June 2018 Saturday, May 19, 2018, Worldwide Public holidays around the world in the coming two weeks include the following: 21 May (Mon) – Whit Monday 22 May (Tue) – Buddha’s Birthday 25 May (Fri) – Liberation...
May 19th, 2018 | Holidays, Port Conditions, Ports & Terminals | Read More

The BDI@ 1,273… Geopolitics going bung…

The BDI@ 1,273… Geopolitics going bung…
John Faraclas The BDI (Baltic Dry Index) fell 32 points since yesterday and 199 since the 11 of May. CAUTION.  John Faraclas’ market briefing: The Capes lost 53 points with the BCI now at 2,053 – might go even below the 2,000 point threshold. On a weekly basis the loss was even worse: 577 points! The...
May 18th, 2018 | Chartering, Dry Bulkcarriers, Events, Markets, News, Oil Industry, P and I Clubs, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Hot Port News from GAC

Hot Port News from GAC
18-May-2018 FORESHORE DEVELOPMENT WITH INFILLING WORKS Singapore PROPOSED ENVIRONMENTAL INCENTIVE Port Botany & Port Kembla, Australia LOCKS LANE OUTAGE AND TRANSIT RESERVATIONS SYSTEM Panama Canal, Panama TUAS TERMINAL PHASE 2 PROJECT AREA SOIL INVESTIGATION WORKS Singapore Foreshore development...
May 18th, 2018 | Canals, Environment, Port Conditions, Ports & Terminals | Read More

Making a splash at Posidonia

Making a splash at Posidonia
Visitors to the 2018 Posidonia Exhibition, one of the world’s largest tradeshows for the international maritime industry, will be able to see live port calls on a huge set of interactive screens thanks to a tie-up between global ship tracking intelligence company MarineTraffic and the show organisers.  Located...
May 18th, 2018 | Conferences, Seminars, Forums, Exhibitions, Marine Equipment Products and Services, Technical, Technology | Read More

PAO Sovcomflot – 2018 first quarter results

PAO Sovcomflot – 2018 first quarter results
Nikolay Kolesnikov – Executive Vice-President of PAO Sovcomflot, Chief Financial Officer Over the first quarter ending 31 March 2018, PAO Sovcomflot (SCF Group) continued to increase the share of its fleet serving long-term energy projects. This helped offset the negative impact of the protracted...
May 18th, 2018 | Accountancy, Company Profiles, Shipmanagement | Read More

Daily Overview of Global Markets & the SEE Region (Friday, May 18, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, May 18, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasuries remained under pressure in early European trade on Friday with the 10-yr paper rising c. 13bps in yield terms so far this week mainly on the back of higher oil prices and mounting optimism over the US growth prospects....
May 18th, 2018 | Banking, Finance, Markets, Shipfinance, Statistics, Stock Markets | Read More

2018 Financial Statements – Britannia declares another USD20m capital distribution to Members

2018 Financial Statements – Britannia declares another USD20m capital distribution to Members
Highlights: Britannia reports another strong financial performance, with an aggregate USD80.6m post-tax surplus for the year. The Board approves a further USD20m capital distribution, to be paid to P&I mutual Members with ships on risk as at midnight 15 May 2018. Members have now benefited from...
May 18th, 2018 | Company Profiles, P and I Clubs | Read More

Eniram signs MoU to participate in Project Forward for developing new generation of bulk carriers

Eniram signs MoU to participate in Project Forward for developing new generation of bulk carriers
New generation of bulk carriers developed by Project Forward. Wärtsilä Corporation, 18 May 2018 at 10 am EET – Eniram, a Wärtsilä company, has signed a Memorandum of Understanding (MoU) with Athens-based Arista Shipping to participate in the Project Forward initiative, which is led by Arista....
May 18th, 2018 | Bunkering, Dry Bulkcarriers, LNG, Marine Equipment Products and Services, Shipbuilding and Shipyards, Technical, Technology | Read More

Endeavour Silver forecasts 20% production growth in 2018

Endeavour Silver forecasts 20% production growth in 2018
Chief executive Bradford Cooke. Endeavour Silver forecasts 20% production growth in 2018 By James Brewer Endeavour Silver Corp, a mid-tier precious metals miner that operates three high-grade, underground, silver-gold mines in Mexico, is forecasting a 20% increase in its production during 2018, targeting...
May 17th, 2018 | Markets, Mining, News | Read More

Falling BDI@1,305, rising Oil prices and Peace doesn’t have a chance…

Falling BDI@1,305, rising Oil prices and Peace doesn’t have a chance…
John Faraclas The BDI fell 98 points earlier on today as the Capes collapse… Overall, since last Monday, the BDI lost 171 points; CAUTION! Geopolitics are becoming more than crucial… with imminent deteriorating situations all over Planet Ocean; John Faraclas brief recap: The Capes lost 301 (three...
May 17th, 2018 | Reports | Read More

Hot Port News from GAC

Hot Port News from GAC
17-May-2018 MANDATORY ADOPTION OF MASS FLOW METERING SYSTEM FOR DISTILLATES DELIVERY Singapore NEW TERMS AND CONDITIONS FOR CHANNEL ACCESS AND BERTHING Port Botany & Port Kembla, Australia TESTING OF AIRBORNE SENSOR OFF ST JOHN’S ISLAND Singapore Mandatory adoption of mass flow metering system...
May 17th, 2018 | Port Conditions, Ports & Terminals | Read More

Rethink the Ocean Factory Trawler.

Rethink the Ocean Factory Trawler.
.. An entirely new design for the ocean factory trawler segment has been released by KNUD E. HANSENs Faroe Islands design team. From stem to stern this design redefines the classic trawler layout which has remained more or less unchanged for decades. The designers state: “The aim of this design is...
May 17th, 2018 | Food and Drink, Marine Equipment Products and Services, Shipbuilding and Shipyards, Technology | Read More

SEA\LNG bolsters its knowledge base with the addition of Man Diesel & Turbo

SEA\LNG bolsters its knowledge base with the addition of Man Diesel & Turbo
Peter Keller LONDON, 17 MAY 2018: SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, today announced that it has welcomed MAN Diesel & Turbo (MAN) to its membership coalition. As a world-leading provider of...
May 17th, 2018 | Bunkering, LNG, News | Read More

Diana Containerships sells post-panamax contship “Hamburg”

Diana Containerships sells post-panamax contship “Hamburg”
.. DIANA CONTAINERSHIPS INC. ANNOUNCES the sale of A post-panamax container VESSEL, the m/v hamburg ATHENS, GREECE, May 17, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that it has signed,...
May 17th, 2018 | Company Profiles, Container shipping, Sales and Purchases, Statistics, Stock Markets | Read More

The Containerization & Intermodal Institute welcomes three new board members

The Containerization & Intermodal Institute welcomes three new board members
l to r: Robert Cannizzaro, Richard Larrabee and Susan Winfree Hamburg Sud’s Robert Cannizzaro, Admiral Richard Larrabee and NYSA’s Susan Winfree Join CII’s Board of Directors (Holmdel, NJ) May 17, 2018 – The Containerization and Intermodal Institute (CII) has announced three...
May 17th, 2018 | Company Profiles, Containers, Person Profiles | Read More

ESPO congratulates seven Wadden Sea ports for obtaining EcoPorts environmental performance standard (PERS)

ESPO congratulates seven Wadden Sea ports for obtaining EcoPorts environmental performance standard (PERS)
Isabelle Ryckbost 17 May 2018 – ESPO congratulates the ports of Den Helder (Netherlands), Harlingen (Netherlands), Groningen (Netherlands), Den Oever (Netherlands), Niedersachsen Brake (Germany), Niedersachsen Cuxhaven (Germany) and Niedersachsen JadeWeserPort (Germany) for obtaining EcoPorts’...
May 17th, 2018 | Environment, Events, Conferences,Forums and Symposiums, Port Conditions, Ports & Terminals | Read More