Archive for July, 2018

Turi Fiorito to become new EFIP Director

Turi Fiorito to become new EFIP Director
Turi Fiorito Turi Fiorito has been appointed as new Director of the European Federation of Inland Ports (EFIP). He will take up his function on 20 August, 2018. Turi Fiorito comes with a solid background in EU policy making and transport, having worked as Transport Policy Advisor for a Dutch Member of...
July 5th, 2018 | Canals, Inland Waterways, News, Person Profiles, Ports & Terminals | Read More

ClassNK grants AIP to NYK Line and Japan Marine United for their joint project on an LNG-fuelled 200K DWT bulk carrier design

ClassNK grants AIP to NYK Line and Japan Marine United for their joint project on an LNG-fuelled 200K DWT bulk carrier design
Tokyo – Leading Classification Society ClassNK granted an Approval in Principle (AIP) based on its Rule Part GF which adopts IGF Code (regulation for ships using low-flashpoint fuels) to NYK Line and Japan Marine United (JMU) for their joint project on the concept design of an LNG-fueled 200K DWT...
July 5th, 2018 | Bunkering, Classification Societies, Emissions, Energy, Environment, LNG, Pollution | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, July 05, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, July 05, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: European government bond yields, mainly of core countries and at the short end of the curve, were higher in early European trade on Thursday after a report conveyed that some ECB Governing Council members were uneasy about investors...
July 5th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

WinGD celebrates milestone order for 100th X-DF engine

WinGD celebrates milestone order for 100th X-DF engine
Powered by WinGD’s X-DF technology, GasLog’s LNG carrier, Houston Only five years after the launch of the X-DF engine, WinGD is pleased to announce they have secured an order for their 100th X-DF engine. The award-winning technology developed by WinGD has demonstrated, on tests and engines...
July 5th, 2018 | Marine Equipment Products and Services, Shipbuilding and Shipyards, Technical, Technology | Read More

Niron Staal fabricates two Stan Launch 804s for Damen Maaskant Shipyards Stellendam

Niron Staal fabricates two Stan Launch 804s for Damen Maaskant Shipyards Stellendam
Niron Staal fabricates two Stan Launch 804s for Maaskant Niron Staal, the specialist steel machining and construction company within the Damen Shipyards Group, has once again demonstrated its ability to successfully execute one-off projects to the highest standards. This time its client was fellow Damen...
July 5th, 2018 | Marine Equipment Products and Services, Shipbuilding and Shipyards, Technical, Technology | Read More

Volatile Capes rule the day, but…

Volatile Capes rule the day, but…
John Faraclas The BDI (Baltic Dry Index) went over and above the 1,500 point threshold… geopolitics and in particular the addition of Trade Wars will spill over badly! John Faraclas’ midweek recap: The BDI was up 91 points and at 1,567 creates another momentum, may I say a chilly one as nothing should...
July 4th, 2018 | Academia, Art and auctions, Chartering, Consumers Market, Dry Bulkcarriers, Education and Training, Fashion, Markets, News, Reports, Shipping Indices, Sports, Statistics, Stock Markets, WISTA - Women in Shipping | Read More

Hot Port News from GAC

Hot Port News from GAC
04-Jul-2018 U.S. CUSTOMS: NEW ELECTRONIC IN-BOND REQUIREMENTS United States U.S. Customs: New electronic in-bond requirements Wednesday, July 4, 2018, United States Since 2 July 2018, CBP (Customs & Border Protection) no longer accept paper in-bond (7512). Electronic reporting for all in-bond transactions...
July 4th, 2018 | Port Conditions, Ports & Terminals | Read More

Djibouti – Doraleh port terminal: U.S. Congressman Bradley Byrne expresses concern about Chinese actions in Africa

Djibouti – Doraleh port terminal: U.S. Congressman Bradley Byrne expresses concern about Chinese actions in Africa
U.S. Congressman Bradley Byrne Djibouti recently illegally seized control of the Doraleh port terminal by presidential decree, and some reports indicate Djibouti plans to gift the facility to the Chinese government WASHINGTON D.C., United States of America, July 4, 2018/ — Congressman Bradley Byrne...
July 4th, 2018 | Politics and Government, Ports & Terminals | Read More

HFW Briefing – Bunker contamination in the US Gulf

HFW Briefing – Bunker contamination in the US Gulf
Paul Dean Following recent reports of marine fuel contamination on an unprecedented scale in the US Gulf Region, we briefly consider some of the issues arising for those affected parties, including shipowners, time charterers and bunker suppliers Background Reports suggest that possibly up to one hundred...
July 4th, 2018 | Bunkering, Legal | Read More

Damen shows new Fast Crew Suppliers 2710 and 1204 for the first time at Seawork International 2018

Damen shows new Fast Crew Suppliers 2710 and 1204 for the first time at Seawork International 2018
Arnout Damen (Chief Commercial Officer, Damen), Hudson Nevin (young son of High Speed Transfers’ Managing Director Tom Nevin) Damen showed two new Fast Crew Supply vessels to the world for the first time on the 3d of July at the 2018 Seawork International Exhibition and Conference, currently underway...
July 4th, 2018 | Events, Events, Conferences,Forums and Symposiums, Exhibitions, News, People and Places | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, July 04, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, July 04, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The compromise on migration between Chancellor Angela Merkel’s CDU party and its Bavarian sister party CSU foreseeing the creation of transit centers at the German-Austrian border, allowed Horst Seehofer to stay as Interior Minister...
July 4th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Claims teams talent needs to be unleashed to reap the benefits of digitalisation: PwC’s Claims Workforce of the future: 2030

Claims teams talent needs to be unleashed to reap the benefits of digitalisation: PwC’s Claims Workforce of the future: 2030
Jim Bichard, UK insurance leader at PwC Insurance claims teams must adapt if they are to not just survive the inevitable impact of technology but also harness the benefits, according to a new report from PwC. The report, launched today to coincide with the Lloyd’s Market Association’s (LMA)...
July 4th, 2018 | Claims, Insurance and Reinsurance, Marine Insurance | Read More

YSA Design Insights: Issue 2

YSA Design Insights: Issue 2
.. New dimension for YSA Design YSA Design has entered a new era of collaborative design, creating ship space ‘walk-throughs’ that can be made simultaneously available to clients and yard partners using the latest developments in Virtual Reality Read more  Sumptuous settings on MSC...
July 4th, 2018 | Marine Equipment Products and Services, Ship Conversions, Shipbuilding and Shipyards, Technical, Technology | Read More

World’s Largest Port Joins IAPH

World’s Largest Port Joins IAPH
l to r: IAPH President Santiago Garcia Milà Ni Chenggang, the Vice General Manager of Ningbo Zhoushan Port Group The Ningbo Zhoushan Port Group, which manages the port complex of Ningbo and Zhoushan in China, decided to join the International Association of Ports and Harbors. That was confirmed following...
July 4th, 2018 | Company Profiles, Events, Conferences,Forums and Symposiums, Ports & Terminals | Read More

Damen Shiprepair Curaçao welcomes royal visit

Damen Shiprepair Curaçao welcomes royal visit
l to r: Durk-Jan Nederlof (Managing Director, Damen Shiprepair & Conversion), Her Royal Highness Queen Máxima, His Royal Highness King Willem-Alexander 1 July 2018: His Royal Highness King Willem-Alexander and Her Royal Highness Queen Máxima have visited Damen Shiprepair Curaçao. The Royal couple...
July 4th, 2018 | Events, News, People and Places, Ship Conversions, Shipbuilding and Shipyards, Shiprepair | Read More

Oslo Børs: Listing of Okeanis Eco Tankers Corp. at Merkur Market

Oslo Børs: Listing of Okeanis Eco Tankers Corp. at Merkur Market
Public listing of Okeanis Eco Tankers Corp. at Merkur Market Listing date: 04/07/2018 Ticker: OET-ME   Okeanis Eco Tankers was established in 2018 by the Alafouzos family, having a track record in shipping back to the 1960s, to take over its fleet of modern tanker vessels and tanker...
July 4th, 2018 | Company Profiles, Markets, News, Stock Markets, Tankers | Read More

A Capes Market; caution!

A Capes Market; caution!
John Faraclas The BDI (Baltic Dry Index) ended up earlier on today with 54 points plus since yesterday, – thanks to the Capes, and now stands at 1,476. Geopolitics still turbulent; John Faraclas brief daily recap: The Capes’ BCI on an upwards …spree; the BCI gained 174 points and now stands...
July 3rd, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Shipping Indices, Stock Markets, Tankers | Read More

SMS and WorkBoatSales.com sign global deal at UK Seawork exhibition

SMS and WorkBoatSales.com sign global deal at UK Seawork exhibition
SMS workboat UK ship repairer and marine engineering services provider SMS has partnered with WorkBoatSales.com to market its proven range of Bulldog workboats internationally. The partnership was agreed at the Seawork 2018 commercial marine and workboat exhibition and conference in Southampton, UK,...
July 3rd, 2018 | Events, Conferences,Forums and Symposiums, Exhibitions, Shipbuilding and Shipyards, Shiprepair | Read More

Hot Port News from GAC

Hot Port News from GAC
03-Jul-2018 PANAMA ADDED TO PREFERENTIAL TONNAGE DUES LIST China INCREASE IN MAXIMUM AUTHORIZED TRANSIT DRAFT Panama Canal, Panama Panama added to preferential tonnage dues list Tuesday, July 3, 2018, China Effective from 1 July 2018, China has added Panama to the list of vessel registered countries...
July 3rd, 2018 | Canals, Inland Waterways, Port Conditions | Read More

Partnership launched to tackle slavery at sea

Partnership launched to tackle slavery at sea
William Azuh (Head, Africa Section, International Maritime Organization), Simon O’Toole (AoS Chair of Trustees), Cardinal Vincent Nichols, Captain Esteban Pacha (AoS Vice Chair of Trustees), Juvenal Shiundu (Senior Deputy Director, Technical Cooperation Division, International Maritime Organization). Seafarers’...
July 3rd, 2018 | Charity, Manning - Seafarers and Offshore | Read More

Continuing investment in LNG as a marine fuel critical to meeting air Quality & GHG emissions targets

Continuing investment in LNG as a marine fuel critical to meeting air Quality & GHG emissions targets
SEA\LNG counsels a pragmatic view on the future of maritime fuels LONDON, 3 July 2018: SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, today reiterated how critical continuing investment in LNG as a marine fuel...
July 3rd, 2018 | Bunkering, Energy, LNG | Read More

New VR technology set to transform yachting and shipping industries

New VR technology set to transform yachting and shipping industries
(l-r): Richard Hooson, Sam Slater and Greg Beach on a recent client visit to Monaco. The global yachting and shipping industries are queueing up to adopt the very latest in immersive virtual reality visualisation, mapping and design technology developed at The Landing, MediaCityUK. VR solutions designed...
July 3rd, 2018 | Marine Equipment Products and Services, Technical, Technology, Yachting | Read More

WLTP deadline and diesel sales downturn heighten auto industry premium freight dependence

WLTP deadline and diesel sales downturn heighten auto industry premium freight dependence
Evolution Time Critical managing director, Brad Brennan Deadline for extended real-world emissions testing and move away from diesel vehicles heightens automotive industry premium freight dependence New WLTP standards and new car buying patterns result in perfect automotive supply chain storm The rise...
July 3rd, 2018 | Automobiles, Emissions, Environment, Pollution | Read More

Revised version of the Oslo Børs Guidance on the Reporting of Corporate Responsibility Inbox x

Revised version of the Oslo Børs Guidance on the Reporting of Corporate Responsibility  Inbox x
Oslo Børs and the Norwegian Forum for Responsible and Sustainable Investment (Norsif) have produced a revised version of the Oslo Børs Guidance on the Reporting of Corporate Responsibility. The first version of the guidance was launched in September 2016. The first version of the guidance was based...
July 3rd, 2018 | Stock Markets | Read More

LR takes over management of MoD owned Code for Steel Caissons

LR takes over management of MoD owned Code for Steel Caissons
LR certified caisson at the entrance to Naval Base 14 Dock in Portsmouth (Image courtesy of MoD) 03 July 2018 – Lloyd’s Register (LR) has taken over the management of UK Ministry of Defence (MoD) owned Code for Steel Caissons, providing a harmonised standard for new and existing caissons. LR has...
July 3rd, 2018 | Classification Societies, Military, News, Technical, Technology | Read More