Archive for February, 2019

Election muddies India’s outlook, Rise of central bank gold demand

Election muddies India’s outlook, Rise of central bank gold demand
..  Commentary: Election muddies India’s outlook By Prakash Sakpal in Singapore Conditions are becoming murky in the lead up to India’s general election in May. Prime Minister Narendra Modi’s popularity is falling, and the losses of his BJP in state assembly and other by-elections...
February 5th, 2019 | Banking, Comment, Finance, News, Politics and Government | Read More

The BDI@634: tough times never last, but tough shipowners do

The BDI@634: tough times never last, but tough shipowners do
John Faraclas The BDI (Baltic Dry Index) losses were very much contained and let’s hope the reversal might come soon although the damage has been done… Geopolitics not just perplexed but explosive. John Faraclas daily recap: The Capes’ BCI although it lost the 1,000 points threshold – an expected ...
February 4th, 2019 | Chartering, Comment, Container shipping, Containers, Dry Bulkcarriers, Insight, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

BIFA launches freight apprenticeship microsite

BIFA launches freight apprenticeship microsite
Robert Keen The British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies, has launched a dedicated website – https://apprentices.bifa.org/ – that will focus on helping both employers and potential recruits to better understand...
February 4th, 2019 | Associations, Communication | Read More

Hempel launches powerful and flexible new antifouling solution

Hempel launches powerful and flexible new antifouling solution
.. Today, worldwide coatings manufacturer Hempel launches a powerful new antifouling coating – Atlantic+ – providing flexible and reliable performance. Delivering unparalleled protection, Atlantic+ is designed to protect the hull from fouling throughout service intervals of up to 60 months....
February 4th, 2019 | Marine Equipment Products and Services, News, Technical, Technology | Read More

Meeting: Patrick Harker, president and CEO of the Federal Reserve Bank of Philadelphia

Meeting: Patrick Harker, president and CEO of the Federal Reserve Bank of Philadelphia
Patrick Harker, president and CEO of the Federal Reserve Bank of Philadelphia City Lecture with Patrick Harker, President and CEO of the Federal Reserve Bank of Philadelphia Washington is sending mixed messages about the health of the  US economy. The Federal Reserve surprised markets in its policy...
February 4th, 2019 | Banking, Events, Conferences,Forums and Symposiums, Finance | Read More

Daily Overview of Global Markets & the SEE Region (Monday, February 4, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, February 4, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasuries were weaker in early European trade on Monday pressured by increased optimism for a resolution in the US/China trade dispute as well as a string of better-than-expected US data releases on Friday. Bunds followed suit while,...
February 4th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

2019 Posidonia Sea Tourism Forum

2019 Posidonia Sea Tourism Forum
The entrance of the Piraeus Port CURRENT SIGNS OF RECOVERY IN EAST MED CRUISING MARK THE BEGINNING OF A NEW ERA FOR THIS UNIQUE REGION The biennial Posidonia Sea Tourism Forum returns this May to Athens for its fifth consecutive edition at a new venue and celebrates the industry’s renewed optimism...
February 4th, 2019 | Conferences, Seminars, Forums, Maritime Tourism, Tourism | Read More

Global travel retail leader selects GAC Dubai as contract logistics partner in the Middle East

Global travel retail leader selects GAC Dubai as contract logistics partner in the Middle East
l to r: Neil McMaster, GAC Dubai’s General Manager – Contract Logistics, Ronald Lichtenecker, GAC Dubai’s Managing Director, Vadim Motlik, Lagardère Travel Retail’s UAE CEO, and Alex Pardo, Lagardère Travel Retail’s Supply Chain Director sign the multi-year agreement for the appointment...
February 4th, 2019 | Aviation, Consumers Market, Logistics | Read More

BHP and NYK use GoodFuels biofuel to progress decarbonisation goals

BHP and NYK use GoodFuels biofuel to progress decarbonisation goals
Picture credit: GoodFuels Marine BHP, NYK, GoodFuels and BLOC collaborate to progress sustainable biofuel bunkering in Rotterdam, verified with blockchain Rotterdam, 4 February 2019: Today global mining company BHP, Japanese shipping company NYK, leading sustainable biofuel company GoodFuels and...
February 4th, 2019 | Bunkering, Environment | Read More

LK supplies all manual valves for Viking Line’s new cruise ship

LK supplies all manual valves for Viking Line’s new cruise ship
… Viking Line and Xiamen Shipbuilding Industry Co., Ltd. have appointed LK as supplier of all manual valves on board the new Viking Line passenger cruise ship. “We are very proud to have won this order,” says Johan Kindblom, Sales Director at LK. “A vessel of this type and size has several...
February 4th, 2019 | Cruise Industry, Marine Equipment Products and Services, Shipbuilding and Shipyards | Read More

The Final Roundup from Miami

The Final Roundup from Miami
Medal Races Determine Winners … 49erFX The stage was set for an action packed first race of the day. Alex Maloney with Molly Meech (NZL) had a commanding but catchable lead ahead of two chasers, Martine Grael with Kahena Kunze (BRA) and Charlotte Dobson with Saskia Tidey (GBR). A sunny Miami day...
February 2nd, 2019 | Events, Conferences,Forums and Symposiums, Sailing, Sports, Yachting | Read More

Hot Port News from GAC

Hot Port News from GAC
02-Feb-2019 WORLD HOLIDAYS: 3-16 FEBRUARY 2019 Worldwide World Holidays: 3-16 February 2019 Saturday, February 2, 2019, Worldwide Public holidays around the world in the coming two weeks include the following: 4 Feb (Mon) – National Day of the Armored Effort (Angola) 4 Feb (Mon) – Sri Lanka National...
February 2nd, 2019 | Anniversaries, Holidays, Port Conditions, Ports & Terminals | Read More

Live Alert – Miami Medal Races

Live Alert – Miami Medal Races
… Gold Medals to be Decided 49er, 49erFX, Nacra 17 and the RS:X windsurfer Medal Races will be live across World Sailing’s YouTube and Facebook from 12:00 local time on Saturday 2 February. Fleet racing for the remaining fleets starts at 10:30 local time. Australia Versus the Punte Posse (Nacra...
February 2nd, 2019 | Events, Conferences,Forums and Symposiums, Sailing, Sports, Yachting | Read More

Desmond Lachman on US monetary policy, Danae Kyriakopoulou on Banxico independence and more

Desmond Lachman on US monetary policy, Danae Kyriakopoulou on Banxico independence and more
OMFIF Update  – Week 5 2019 28 January-1 February 2019 Vol.10 Ed.5 REPORT  The rise of central bank gold demand Since the 2008 financial crisis there has been renewed interest in gold’s unique characteristics as a safe haven asset that is nobody’s liability. This, combined with scepticism...
February 2nd, 2019 | Banking, Comment, Communication, Conferences, Seminars, Forums, Finance, Insight, Markets | Read More

The BDI@645; without frills…

The BDI@645; without frills…
John Faraclas The BDI (Baltic Dry Index) loss was a bit contained today, just 23 points but on a weekly basis the loss was a triple-digit one: 260 points from 905 of last Friday the 25th of January. Geopolitics still in disarray. John Faraclas’ daily and weekly recaps: The Capes’ BCI was down...
February 1st, 2019 | Academia, Banking, Chartering, Dry Bulkcarriers, Environment, Events, Insight, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
01-Feb-2019 C&D CANAL RESTRICTIONS DUE TO ICE Delaware Bay, United States DRAFT RECOMMENDATION ISSUED AT THE PORT OF NEW ORLEANS New Orleans, United States VICTORIA INTERNATIONAL CONTAINER TERMINAL TO INCREASE INFRASTRUCTURE SURCHARGE Victoria, Australia GCPTL JETTY MAINTENANCE Dahej, India WEATHER...
February 1st, 2019 | Port Conditions, Ports & Terminals, Weather | Read More

Marseille Fos CEO leaving to rejoin CMA CGM

Marseille Fos CEO leaving to rejoin CMA CGM
Christine Cabau Woehrel Christine Cabau Woehrel is leaving her post as CEO of the Marseille Fos port authority with effect from March 12 on completion of her five-year term of appointment.  A successor is due to be named in the coming weeks. Cabau Woehrel is rejoining Marseilles-based shipping giant...
February 1st, 2019 | Company Profiles, HR, News, Person Profiles, Ports & Terminals, Story of the Week | Read More

Bermuda London Forum

Bermuda London Forum
Hamilton, Bermuda, February 1, 2019 – Close to 200 industry professionals from shipping to insurtech attended a day-long, multi-industry forum in London late last year, the fourth to date organised by the Bermuda Business Development Agency (BDA). The November 27 event included a chat on blockchain...
February 1st, 2019 | Events, Conferences,Forums and Symposiums | Read More

An exciting new chapter – we’re merging

An exciting new chapter – we’re merging
Simon Gallagher We’re delighted to announce our merger with leading accountants and advisors BDO will go live from Monday 4 February. This is a substantial milestone where we are creating a truly market-leading accountancy and business advisory firm focused on entrepreneurially-spirited, fast-growing...
February 1st, 2019 | Accountancy, Mergers and Acquisitions | Read More

Keep your finger on the pulse with GAC’s Hot Port News

Keep your finger on the pulse with GAC’s Hot Port News
Hot Port News (HPN) is a free daily information service provided by GAC to registered subscribers. Hot Port News features regular updates on local developments at ports around the world, provided by the GAC Group’s extensive network of offices. You can view the daily bulletins and search the news...
February 1st, 2019 | Communication, Port Conditions, Ports & Terminals | Read More

“K” LINE Deploys Binary Cycle Power Generation Systemon Coal carrier “CORONA YOUTHFUL” and Starts Onboard Trial

“K” LINE Deploys Binary Cycle Power Generation Systemon Coal carrier “CORONA YOUTHFUL” and Starts Onboard Trial
The “Corona Youthful” “K” LINE is pleased to advise that one of our new 91,000-DWT-type coal carriers, “CORONA YOUTHFUL,” was delivered with a binary cycle power generation system developed by KOBE STEEL, LTD. at OSHIMA SHIPBUILDING CO., LTD. on 1 February 2019 with operational trial...
February 1st, 2019 | Dry Bulkcarriers, Marine Equipment Products and Services, Markets, News, Shipbuilding and Shipyards, Technical, Technology | Read More

Babcock International wins 21st ecoSMRT® contract

Babcock International wins 21st ecoSMRT® contract
.. Babcock International, the Aerospace and Defence company, has secured its 21st ecoSMRT® supply contract at Hyundai Heavy Industries (HHI) in South Korea, since first contract award in February 2018. ecoSMRT®, the liquefied natural gas (LNG) single mixed refrigerant (SMR) solution, developed...
February 1st, 2019 | Marine Equipment Products and Services, News, Technical, Technology | Read More

Cruise Ship Interiors Expo Miami Announces its First Conference Speakers

Cruise Ship Interiors Expo Miami Announces its First Conference Speakers
Toby Walters Cruise Ship Interiors Expo Miami is a free-to-attend event catering exclusively to the cruise interiors industry Industry experts from Norwegian Cruise Line, Holland America Line, Seabourn, and Studio DADO will speak at the conference The inaugural expo will take place June 18-20, 2019...
February 1st, 2019 | Events, Conferences,Forums and Symposiums, Exhibitions | Read More

Daily Overview of Global Markets & the SEE Region (Friday, February 1, 2019)

Daily Overview of Global Markets & the SEE Region (Friday, February 1, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: European bourses were mixed in early trade on Friday while Asian equity ended almost flat this morning as renewed concerns about China’s growth prospects offset positive signs from US/China trade talks. According to US President Donald...
February 1st, 2019 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More