Archive for February, 2019

Daily Overview of Global Markets & the SEE Region (Tuesday, February 26 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, February 26 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Asian bourses ended lower today and major European bourses opened under some pressure as investors curb their enthusiasm about a constructive outcome in US/China trade talks and wait for more details, including, for how long the tariff...
February 26th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

US-China deal raises critical questions, Greening the financial system

US-China deal raises critical questions, Greening the financial system
US-China deal raises critical questions, Greening the financial system Commentary: US-China deal raises critical questions By Mark Sobel in Washington Washington has announced that it has reached an understanding with Beijing on a stable renminbi. The conditions for stability are ripe. Trump’s...
February 26th, 2019 | Alternative Sources of Energy, Banking, Conferences, Seminars, Forums, Emissions, Energy, Environment, Finance, Markets, Pollution, Trade and Commerce | Read More

The BDI@637: buoyancy a must!

The BDI@637: buoyancy a must!
John Faraclas The BDI@637: buoyancy a must! The BDI (Baltic Dry Index) remains in low levels “thanks” to the Capes’ continuous fall… Geopolitics still the stumbling block to see the Global economy move on as the US$ 250 trillion debt and protectionism are causing turbulances. John Faraclas’...
February 25th, 2019 | Associations, Chartering, Comment, Dry Bulkcarriers, Events, Insight, Letters, Markets, News, Reports, Short-sea shipping, Statistics, Stock Markets, Tankers | Read More

Greece’s Ambassador spells it out…

Greece’s Ambassador spells it out…
In response to BBC’s website article dated 24th of February “Greece’s invisible minority – the Macedonias Slavs”, viewers can find herebelow the Greek Ambassador’s appropriate reply:              25 February 2019 Mr Stephen Mulvey Assistant...
February 25th, 2019 | Breaking News, Headlines, Insight, Politics and Government | Read More

Hot Port News from GAC

Hot Port News from GAC
25-Feb-2019 REPLACEMENT OF SUBSEA HOSE AT SHELL SINGLE BUOY MOORING Singapore SEAWALL REINSTATEMENT WORKS AT SAI KUNG Hong Kong EX-CYCLONE NOW WELL OFFSHORE Southern Queensland, Australia MODIFIED PORT CONDITION WHISKEY SET Philadelphia, New Jersey & Delaware, United States Replacement of subsea...
February 25th, 2019 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

Ship owners need more than a warning

Ship owners need more than a warning
Panos Kirnidis Ship owners need more than a warning Ship owners need more than a simple warning from regulators as new rules affecting global shipping operations come into play – they need stronger support, according to Panos Kirnidis, CEO of Palau International Ship Registry (PISR). “My frequent...
February 25th, 2019 | Emissions, Environment, Pollution | Read More

Sub-Committee on Pollution Prevention and Response summary

Sub-Committee on Pollution Prevention and Response summary
Consistent implementation of 2020 sulphur limit – draft guidelines finalized The 0.50 percent limit for sulphur content in ships’ fuel oil will take effect on 1 January 2020 and will have a significant beneficial impact on human health and the environment. The Sub-Committee on Pollution Prevention...
February 25th, 2019 | Emissions, Environment, IMO, Regulatory | Read More

Diana fixes newcastlemaxes “Newport News” and “Los Angeles” on period t/c with SwissMarine

Diana fixes newcastlemaxes “Newport News”  and “Los Angeles” on period t/c with SwissMarine
Diana Shipping Inc. Announces Time Charter Contracts for m/v Newport News and m/v Los Angeles with SwissMarine ATHENS, GREECE, February 25, 2019 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that,...
February 25th, 2019 | Chartering, Dry Bulkcarriers, Markets, News, Statistics, Stock Markets | Read More

Viking Jupiter Delivered with Thordon COMPAC

Viking Jupiter Delivered with Thordon COMPAC
Viking Jupiter has been delivered with a Thordon Bearings’ COMPAC seawater-lubricated propeller shaft system Viking Jupiter Delivered with Thordon COMPAC VIKING JUPITER DELIVERED WITH THORDON WATER LUBRICATED PROPULSION ARRANGEMENT Viking Jupiter, the 47,800gt cruise ship built at Fincantieri’s...
February 25th, 2019 | Cruise Industry, Marine Equipment Products and Services, Shipbuilding and Shipyards, Technical, Technology | Read More

American Club reports strong tonnage and premium gains over 2019 P&I renewal period

American Club reports strong tonnage  and premium gains over 2019  P&I renewal period
·  Joe Hughes       Year-on-year P&I tonnage rises by 10%, premium by 4%, FD&D tonnage and premium grow by 8% and 2% respectively. ·       Club’s retained claims exposures continue to develop favorably into 2019. ·       Investment earnings rebound substantially in January...
February 25th, 2019 | Company Profiles, Marine Insurance, News, P and I Clubs | Read More

Twin Damen Fast Crew Suppliers 2710 ordered by Hung Hua Construction Co. Ltd. of Taiwan

Twin Damen Fast Crew Suppliers 2710 ordered by  Hung Hua Construction Co. Ltd. of Taiwan
Michiel Hendrikx (Sales Manager Asia Pasific, Damen Shipyards Group), Mr. Chung-Pang Chen (General Manager Hung Hua Construction Co. Ltd.) Twin Damen Fast Crew Suppliers 2710 ordered by  Hung Hua Construction Co. Ltd. of Taiwan Hung Hua Construction Co. Ltd. of Taiwan has placed an order for two of...
February 25th, 2019 | Alternative Sources of Energy, Energy, Environment, Shipbuilding and Shipyards | Read More

IMO Secretary General set to attend High Level Symposium in Jamaica

IMO Secretary General set to attend High Level Symposium in Jamaica
IMO’s Secretary-General Kitack Lim IMO Secretary General set to attend High Level Symposium in Jamaica The Secretary General of the International Maritime Organization (IMO), Mr Kitack Lim, is due to attend a High Level Symposium (HLS) being hosted by the Maritime Authority of Jamaica (MAJ) in...
February 25th, 2019 | Flags, IMO | Read More

Joint Development of an Innovative Method for Ship Hull Inspection and Maintenance Using Drone and Image Analysis System

Joint Development of an Innovative Method for Ship Hull Inspection and Maintenance Using Drone and Image Analysis System
Underwater Drone Joint Development of an Innovative Method for Ship Hull Inspection and Maintenance Using Drone and Image Analysis System Kawasaki Kisen Kaisha, Ltd., (hereinafter referred to as “K” LINE) is pleased to announce the launching of a development project using an innovative method for...
February 25th, 2019 | Marine Equipment Products and Services, Technical, Technology | Read More

Freight association issues warning on switch bill of lading

Freight association issues warning on switch bill of lading
Freight association issues warning on switch bill of lading The British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies, has warned its members about the dangers of requesting a switch bill of lading without being fully aware of potential...
February 25th, 2019 | Associations, Land Trasnport, Logistics, Trade and Commerce | Read More

Missing Seafarers & Fishers Reporting Programme IP Reinforced

Missing Seafarers & Fishers Reporting Programme IP Reinforced
London.UK. Human Rights at Sea is pleased to announce that its Missing Seafarers & Fishers Reporting Programme has had its intellectual property (IP) reinforced in respect of protecting the original concept, logo, name and the work of the charity through the award of a Trademark by the UK Intellectual...
February 25th, 2019 | Health and Safety, HR, Manning - Seafarers and Offshore, Safety and Security | Read More

Daily Overview of Global Markets & the SEE Region (Monday, February 25, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, February 25, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Asian stocks ended sharply higher earlier today and European bourses followed suit in early trade amid increased optimism about an ultimate trade agreement between the US and China in the not too distant future. In his latest post on...
February 25th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Kallichoron Art Boutique Hotel receives another distinction

Kallichoron Art Boutique Hotel receives another distinction
XRTC’s head George Xiradakis, Maria Mavroudi and Carolina Alkalai  Kallichoron Art Boutique Hotel has received a new distinction, the Silver Award in the category of “Best Greek Hotel Breakfast” for its unique personalized breakfast offering “Grandma’s Breakfast” at the Greek Hospitality...
February 24th, 2019 | Awards, Events, Food and Drink, Holidays, Maritime Tourism, People and Places, Tourism | Read More

Scrubber conundrum: Cure better than prevention?

Scrubber conundrum: Cure better than prevention?
(seated l to r) Venkatesh Rao, Kaisa Marton, Richard Hall & Nikeel Idnani. (standing l to r) Bilal Al Habash, Rakesh Bangera, Dabira Chhabra, Jiju Vijayakumar & Sharad Kumar Dubai – As shipping enters the final lap in the race towards meeting the IMO Sulphur cap by January 2020, the industry...
February 24th, 2019 | Associations, Emissions, Environment, Events, Conferences,Forums and Symposiums, IMarEST | Read More

Hot Port News from GAC

Hot Port News from GAC
23-Feb-2019 WORLD HOLIDAYS: 24 FEBRUARY-9 MARCH 2019 Worldwide World Holidays: 24 February-9 March 2019 Saturday, February 23, 2019, Worldwide Public holidays around the world in the coming two weeks include the following: 25 Feb (Mon) EDSA People Power Revolution Anniversary (Philippines) 28 Feb (Thu)...
February 23rd, 2019 | Anniversaries, Holidays, Port Conditions, Ports & Terminals | Read More

The www.allaboutshipping.co.uk top 25 Annual Dinners, Charity events, Receptions and parties for 2018

The www.allaboutshipping.co.uk top 25 Annual Dinners, Charity events, Receptions and  parties for 2018
A panoramic view of the Great Hall duringthe HESGB Annual Dinner and dance Following our special surveys on the top 100 individuals in Shipping for 2018, as well as Allaboutshipping’s top 25  Companies, Conferences  and Exhibitions we bring you herebelow the best Annual Dinners, Balls, Charity events,...
February 22nd, 2019 | Awards, Charity, Clubs, Events, Food and Drink, News, People and Places | Read More

The BDI@634; what a week that was… in Geopolitics too!

The BDI@634; what a week that was… in Geopolitics too!
John Faraclas – picture by ecopack77 The BDI@634; what a week that was… in Geopolitics too! The BDI (Baltic Dry Index) ended up earlier on today at 634 points – plus four since yesterday and down five since last Friday the 15th of February 2019 when it stood at 639 points! Geopolitics messy...
February 22nd, 2019 | Markets, Reports, Sanctions, Shipping Indices, Stock Markets | Read More

Irene Panagopoulos: how merchant shipping connects with the art world

Irene Panagopoulos: how merchant shipping connects with the art world
Irene  Panagopoulos Irene Panagopoulos: how merchant shipping connects with the art world By James Brewer “Shipping takes me everywhere in the world. Art helps me understand the world,” says Irene Panagopoulos, alluding to the indissoluble link between these great achievements of humanity. Ms Panagopoulos...
February 22nd, 2019 | Art and auctions, Interviews, Maritime Art, Paintings and Sculpture | Read More

Crowley Christens LNG-Powered Ship MV Taíno in Puerto Rico

Crowley Christens LNG-Powered Ship MV Taíno in Puerto Rico
… sponsor Clara Crowley Crowley Christens LNG-Powered Ship MV Taíno in Puerto Rico, Heralding New Era of World-Class Supply Chain Service   (SAN JUAN, Puerto Rico; Feb. 22, 2019) – Crowley Maritime Corp. christened the U.S.-flag combination container/roll on-roll off (ConRo) ship MV Taíno...
February 22nd, 2019 | Bunkering, Containers, Events, Conferences,Forums and Symposiums, LNG | Read More

Hot Port News from GAC

Hot Port News from GAC
22-Feb-2019 CYCLONE WEAKENED BUT FORECAST TO STRENGTHEN AGAIN Southern Queensland/Northern New South Wales, Australia SILT CURTAINS AT NORTH-EASTERN CORNER OF NEW YAU MA TEI TYPHOON SHELTER Hong Kong TEMPORARY WITHDRAWAL OF WEATHER BUOY SOUTHWEST OF SHA CHAU Hong Kong CONTAINER GROWTH PUSHES THROUGHPUT...
February 22nd, 2019 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

KR certifies Songa Shipmanagement as cyber security compliant​

KR certifies Songa Shipmanagement as cyber security compliant​
Joanne Pauline CCSO (Company Cyber Security Officer) Songa Shipmanagement, Kenneth MacLeod, CEO Songa Shipmanagement and Jeoungkyu Lim and Kaemyoung Park, Team Leader from KR’s Cyber Certification Team. Korean Register (KR) has completed a comprehensive cyber security audit of Songa Shipmanagement...
February 22nd, 2019 | Classification Societies, IT and Communications, Marine Equipment Products and Services, News, Safety and Security | Read More