Archive for November, 2018

The BDI@1,231: life is a rollercoaster!

The BDI@1,231: life is a rollercoaster!
John Faraclas The BDI (Baltic Dry Index) lost 50 points and now stands at 1,231 points. Geopolitics are about to bring a Shakespearean Tempest revisited; John Faraclas’ daily and weekly recap: On a weekly basis the BDI was up 138 points – from 1,093, thanks to the Capes’ erroneous skyrocking earlier...
November 30th, 2018 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Earthquakes, Tsunamis, Cyclones and Typhoons, Environment, Insight, Markets, Military, News, Oil Industry, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Kira Phoenix K’inan: Glass Sculptor with Compassion for the Oceans

Kira Phoenix K’inan: Glass Sculptor with Compassion for the Oceans
Kira Phoenix K’inan Kira Phoenix K’inan: Glass Sculptor with Compassion for the Oceans Kira Phoenix K’inan talks to James Brewer about her innovative glass creations. London-based artist and designer Kira Phoenix K’inan brings together art and craft through her glass sculptures, many of...
November 30th, 2018 | Art and auctions, Environment, Exhibitions, Insight, Maritime Art, Maritime Gifts, News, Oceanology, Paintings and Sculpture, People and Places, Person Profiles | Read More

BMF Port Burgas and TECHCARGO become members of FEPORT.

BMF Port Burgas and TECHCARGO become members of FEPORT.
.. During its annual General Assembly meeting held on November 28th, 2018, FEPORT members have formally welcomed two new members: BMF Port of Burgas as a full member and TECHCARGO LLC as an associate member. BMF is a privately-owned port operator of terminal Burgas East 2 and terminal Burgas West, part...
November 30th, 2018 | Ports & Terminals, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
30-Nov-2018 REVISED RESTRICTIONS FOR OIL BERTH Port Kembla, Australia MARITIME GLOBAL PROCESSING CENTRE HOLIDAY CLOSURE Australia JOHOR BAHRU PORT LIMITS Singapore Revised restrictions for oil berth Friday, November 30, 2018, Port Kembla, Australia Oil Berth 201 at Port Kembla can now accept LR1 up to...
November 30th, 2018 | Holidays, Port Conditions, Ports & Terminals | Read More

OCIMF and INTERTANKO release new guidance on competency and learning from incidents

OCIMF and INTERTANKO release new guidance on competency and learning from incidents
.. 30 November 2018 – (London) OCIMF and INTERTANKO have today released two new information papers that will help improve safety in the energy shipping industry. The result of a joint initiative between the two organisations, the papers look at two key areas:  competency and learning from incidents. Behavioural...
November 30th, 2018 | Alternative Sources of Energy, Associations, Energy, Environment, Health and Safety, HR, Manning - Seafarers and Offshore, Marine Insurance, Maritime Accidents, Maritime Education and Training, Safety and Security, Shipmanagement | Read More

Transaid turns 20!

Transaid turns 20!
.. “Transaid’s programmes have been proven to work and I hope the industry recognises the value they add.” HRH The Princess Royal Last week, we celebrated our 20th anniversary celebrations with a special showcase event in London, attended by more than 150 industry supporters, partners...
November 30th, 2018 | Anniversaries, Charity | Read More

Wärtsilä: Reduce Opex and Become Greener

Wärtsilä: Reduce Opex and Become Greener
.. The oil & gas industry was plunged into turmoil when the oil price crashed in 2014. To get back on track, the industry has been forced to transform. It has been forced to figure out new ways of working and apply new solutions to remain profitable while oil price fluctuates. The question that...
November 30th, 2018 | Accountancy, Drill ships, Environment, Gas, Marine Equipment Products and Services, Oil Industry, Oil Platforms and Rigs, Shipmanagement, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Friday, November 30, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, November 30, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: All eyes are on the meeting between US President Donald Trump and his Chinese counterpart Xi Jinping on the sidelines of the G20 summit in Argentina late on Saturday which will aim at resolving the trade dispute between the two countries....
November 30th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

FEPORT calls for consistency and coordination between different EU policies impacting the private cargo handling industry

FEPORT calls for consistency and coordination between different EU policies impacting the private cargo handling industry
FEPORT calls for consistency and coordination between different EU policies impacting the private cargo handling industry During their General Assembly meeting held in Brussels on November 28th, 2018 FEPORT members discussed their expectations in the coming years and commented upon the recent ITF Report...
November 30th, 2018 | Ports & Terminals, Trade and Commerce | Read More

Holland America Line Takes Delivery of Nieuw Statendam from Fincantieri Shipyard

Holland America Line Takes Delivery of Nieuw Statendam from Fincantieri Shipyard
The “Nieuw Statendam” in Fincantieri Shipyard Holland America Line took delivery of Nieuw Statendam 29 November 2018, officially making it the 15th ship in the fleet. A hand-over ceremony took place at Fincantieri’s Marghera, Italy, shipyard, and Nieuw Statendam will set sail for...
November 30th, 2018 | Cruise Industry, News, Shipbuilding and Shipyards, Technical, Technology | Read More

Liberian Corporate Registry appoints Anthony Perea new MD

Liberian Corporate Registry appoints Anthony Perea new MD
Anthony Perea Anthony Perea has been appointed Managing Director of the Liberian Corporate Registry. Anthony was previously Managing Director at global corporate and fiduciary services provider AMICORP, where he was head of institutional sales for the Americas, Latin America and Asia. He has nearly 25...
November 30th, 2018 | Company Profiles, Flags, Person Profiles | Read More

Tokenisation unlocks illiquid markets, Global financial stability

Tokenisation unlocks illiquid markets, Global financial stability
Commentary: Tokenisation unlocks illiquid markets By Pierre Ortlieb in London The promise of tokenisation lies in substantially reducing remaining illiquidity discounts by creating tokens that represent partial ownership rights to underlying illiquid assets. This is particularly encouraging in the commercial...
November 30th, 2018 | Banking, Comment, Conferences, Seminars, Forums, Finance, Markets, Reports | Read More

The BDI@1,281: think the unthinkable

The BDI@1,281: think the unthinkable
John Faraclas The BDI (Baltic Dry Index) lost 49 points earlier on today “thanks” to the Capes, the culprits of the Dry Market. Geopolitics couldn’t be more perplexed; John Faraclas’ daily recap: Another triple-digit loss for the Capes with the BCI down at 1,950 points – down 171 point losing...
November 29th, 2018 | Anniversaries, Associations, Charity, Chartering, Communication, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Exhibitions, Fixtures, Markets, Military, News, RINA (Royal Institution of Naval Architects, Salvage, Towage, Wreck Removals, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Hot Pot News from GAC

Hot Pot News from GAC
29-Nov-2018 FORESHORE DEVELOPMENT WITH INFILLING WORKS Singapore PORT REOPENED WITH RESTRICTIONS Port Kembla, Australia Foreshore development with infilling works Thursday, November 29, 2018, Singapore The working period for foreshore development with infilling works off Harbour Front, Cruise Bay, has...
November 29th, 2018 | Construction, Port Conditions, Ports & Terminals | Read More

NI releases new edition of Handling Ships in First-Year Ice

NI releases new edition of Handling Ships in First-Year Ice
Handling Ships in First-Year Ice 29.11.18 – The Nautical Institute has launched the second edition of its practical guide to shiphandling in ‘new ice’ conditions in the Baltic, North Atlantic and St Lawrence Seaway. Handling ships in first-year ice demands specialist knowledge and skills. Ice...
November 29th, 2018 | Arctic Shipping, Books, Maritime Education and Training, The Nautical Institute | Read More

Naviera Integral signs contract with Damen for its 15th Fast Crew Supplier FCS 5009

Naviera Integral signs contract with Damen for its  15th Fast Crew Supplier FCS 5009
from the contract signing on a l to r: Josien Damen (wife of  Kommer Damen), Julio Montelongo Flores (Operational Director, Naviera Integral), Juan Pablo Vega Torre (Vicepresident, Naviera Integral), René Berkvens (CEO, Damen Shipyards Group), Juan Pablo Vega Arriaga (President, Naviera Integral),...
November 29th, 2018 | Marine Equipment Products and Services, Oil Industry, Oil Platforms and Rigs, Shipbuilding and Shipyards | Read More

Ageas Insurance Chooses Duck Creek Claims and Policy For Portuguese Business

Ageas Insurance Chooses Duck Creek Claims and Policy For Portuguese Business
Bart Patrick Duck Creek Technologies announced today that the Portuguese business unit of Ageas (Ageas Seguros), a top insurer in Europe and Asia, has selected Duck Creek Claims and Duck Creek Policy as its platform for transformation to streamline operations and offer superior service to customers in...
November 29th, 2018 | Insurance and Reinsurance | Read More

Bureau Veritas Marine Technical Committee addresses key technical, technology and regulatory challenges in its autumn meeting in Piraeus

Bureau Veritas Marine Technical Committee addresses key technical, technology and regulatory challenges in its autumn meeting in Piraeus
A picture with all the members of the Hellenic Marine Technical Committee of Bureau Veritas. Following presentations by BV experts, the Committee discussed IMO 2020 fuels, scrubbers, BWTS and cyber-security Piraeus, November 29th, 2018 The 29th Marine Technical Committee Meeting of Bureau Veritas Piraeus...
November 29th, 2018 | Classification Societies, Conferences, Seminars, Forums | Read More

Forty GE LM2500 Marine Gas Turbines to Power 10 Arleigh Burke-Class DDG51 Destroyers for United States Navy

Forty GE LM2500 Marine Gas Turbines to Power 10 Arleigh Burke-Class DDG51 Destroyers for United States Navy
EVENDALE, OHIO (November 29, 2018) – GE’s Marine Solutions announces that 40 LM2500 marine gas turbines will power the United States Navy’s next-generation of DDG 51 Arleigh Burke-class destroyers. The U.S. Navy awarded firm construction contracts to Huntington Ingalls Industries (six ships)...
November 29th, 2018 | Marine Equipment Products and Services, Military | Read More

MissionEase chosen for Nexans cable layer

MissionEase chosen for Nexans cable layer
Nexans new flag ship cable layer will feature the unique MissionEase solution for mission bays from Vestdavit Vestdavit has secured a major breakthrough for its MissionEase multi-boat handling system for mission bays, after winning the contract to equip the Nexans flag ship cable layer Nexans Aurora. The...
November 29th, 2018 | Marine Equipment Products and Services | Read More

GAC wins Maritime Services Award at the Lloyd’s List South Asia, Middle East and Africa Awards

GAC wins Maritime Services Award at the Lloyd’s List South Asia, Middle East and Africa Awards
Meena Mathews, Regional Manager P&I – Middle East Region receives the Maritime Services Award at the Lloyd’s List South Asia, Middle East and Africa Awards 2018. Dubai, United Arab Emirates, 29 November 2018 –  The GAC Group has yet another new addition to its trophy collection, after winning...
November 29th, 2018 | Awards, Logistics, Marine Equipment Products and Services | Read More

Nippon Foundation-GEBCO Seabed 2030 Project regional mapping meeting for Atlantic and Indian Oceans held in Palisades, New York

Nippon Foundation-GEBCO Seabed 2030 Project regional mapping meeting for Atlantic and Indian Oceans held in Palisades, New York
Participants at The Nippon Foundation-GEBCO Seabed 2030 project regional mapping meeting for the Atlantic and Indian Oceans gathered in Palisades, New York. The first Nippon Foundation-GEBCO Seabed 2030 Project regional mapping meeting for the Atlantic and Indian Oceans took place this month at the Lamont-Doherty...
November 29th, 2018 | Associations, Environment, Oceanology | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, November 29, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, November 29, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Mirroring the positive performance in Wall Street overnight, Asian equity indices ended in the black on Thursday following Fed Chairman Jerome Powell’s comments yesterday that fed fund rates are currently “just below” neutral,...
November 29th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

World’s first iVLOC delivered with DNV GL class

World’s first iVLOC delivered with DNV GL class
The “Pacific Vision” – Image care of Shanghai Waigaoqiao Shipyard. Shanghai, 29 November 2018: The world’s first intelligent very large ore carrier (iVLOC), the DNV GL-classed Pacific Vision, was delivered by Shanghai Waigaoqiao Shipyard to China Merchants Energy Shipping Company....
November 29th, 2018 | Classification Societies, News, Shipbuilding and Shipyards, Technology | Read More

Post-Brexit UK will find no sympathy, City Lecture with Vítor Constâncio

Post-Brexit UK will find no sympathy, City Lecture with Vítor Constâncio
Commentary: Post-Brexit UK will find no sympathy By Joergen Oerstroem Moeller in Singapore Regardless of whether it endures in its current form or is amended in the coming weeks, Theresa May’s Brexit deal with the EU opens the door to further contentious negotiations. The first involves expanding on...
November 29th, 2018 | Comment, Conferences, Seminars, Forums, News | Read More