Archive for the ‘Markets’ Category

Wärtsilä: Guaranteed asset performance revolutionises offshore services

Offshore marine players are optimising their bottom line strategies and breaking away from prevalent operating models. Their eyes have turned to maintenance, which has traditionally been conducted according to a calendar based, defensive approach. Wärtsilä Services has responded by bringing to the...
May 23rd, 2017 | Marine Equipment Products and Services, Markets | Read More

Market Summer Blues or…

Market Summer Blues or…
The BDI drops further, a bit contained though as Capers are in demand. Geopolitics will prove detrimental for all; John Faraclas’ daily recap: John Faraclas The BDI (Baltic Dry Index) lost two points and now reads 954 sending alarms… The Capers’ BCI 2014 gained 26 points and now stands at 1,704....
May 22nd, 2017 | Dry Bulkcarriers, European Union, Markets, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Achilles FPAL recognises HANSA HEAVY LIFT as a trusted partner supplier for the oil and gas market

Achilles FPAL recognises HANSA HEAVY LIFT as a trusted partner supplier for the oil and gas market
Hamburg, Germany, Monday, 22nd May 2017 – HANSA HEAVY LIFT has received a qualification certifying the company as a trusted partner for the oil and gas market from the Achilles FPAL Verify network, an industry-run assessment body that supports the European oil and gas industry. The Achilles FPAL qualification...
May 22nd, 2017 | Awards, Liner Shipping and Trade, Regulatory | Read More

Diana Containerships Inc. Reports Financial Results for the First Quarter Ended March 31, 2017

Diana Containerships Inc. Reports Financial Results for the First Quarter Ended March 31, 2017
ATHENS, GREECE, May 22, 2017 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today reported a net loss of $7.4 million for the first quarter of 2017, compared to a net loss of $5.8 million for the respective...
May 22nd, 2017 | Company Profiles, News, Statistics, Stock Markets | Read More

Supporting the inland waterways

Supporting the inland waterways
What a place to be… Allaboutshipping is renown for its support on the World’s Inland Waterways and whenever the chance we do report and support in a multitude of ways the canals either business ones for cargo or for those for leisure. Past live reports include Venice, Amsterdam, Hamburg,...
May 21st, 2017 | Inland Waterways, Maritime History and Museums, Maritime Tourism, Tourism | Read More

The BDI@956 struggles to survive; Geopolitics too…

The BDI@956 struggles to survive; Geopolitics too…
John Faraclas The BDI (Baltic Dry Index) lost just one point today –  “thanks” to the Capers, and now reads 956 points; on a weekly basis though it lost 58 points since last week’s 1.014. CAUTION as geopolitics can be very explosive and in …return damage the markets further. John Faraclas’...
May 19th, 2017 | Chartering, Conferences, Seminars, Forums, Country Profiles, Dry Bulkcarriers, Events, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

NEVA 2017 Newsletter – Global Maritime Industry heads for St Petersburg

NEVA 2017 Newsletter – Global Maritime Industry heads for St Petersburg
NEVA’s 27th Year Heralds Unprecedented Opportunity As momentum builds toward the most well-attended NEVA of recent times, the 14th International Maritime Exhibition & Conference held in St Petersburg, Russia welcomes the world’s maritime...
May 19th, 2017 | Arctic Shipping, Events, Conferences,Forums and Symposiums, Exhibitions, Marine Equipment Products and Services, Shipbuilding and Shipyards, Technical, Technology | Read More

Diana announces delivery of the Kamsarmax “Astarte”

Diana announces delivery of the Kamsarmax  “Astarte”
Diana Shipping Inc. Announces Delivery of the Kamsarmax Dry Bulk Vessel m/v Astarte ATHENS, GREECE, May 19, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned...
May 19th, 2017 | Dry Bulkcarriers, Markets, Sales and Purchases, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, May 19, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, May 19, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Market risk sentiment improved modestly in early trade on Friday. However, cautiousness prevails as political turbulence around US President Donald Trump...
May 19th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Contained loses with the BDI@957 points

Contained loses with the BDI@957 points
John Faraclas The BDI (Baltic Dry Index) ended the day at 957 points, that’s down three, thanks to the volatile  Capers which where strengthened with 48 plus points and the BCI 2014 is now standing at 1,638 points; Geopolitics take more than ten twists and turns… John Faraclas’ daily recap: The...
May 18th, 2017 | Arctic Shipping, Chartering, Conferences, Seminars, Forums, Containers, Dry Bulkcarriers, Events, Markets, Piracy and Terrorism, Ports & Terminals, Ro-Ro and Passenger Ferries, Shipbuilding and Shipyards, Shipping Indices, Statistics, Stock Markets, Tankers, Technical, Technology, Trade and Commerce | Read More

Bermuda plays special role in global economy: Michael Bloomberg

Bermuda plays special role in global economy: Michael Bloomberg
Bermuda Premier Michael Dunkley with Michael R. Bloomberg Hamilton, Bermuda, May 18, 2017 – Business billionaire Michael Bloomberg told a gathering of senior US business leaders that Bermuda plays a special role in the global economy. The three-term former New York mayor and founder of Bloomberg...
May 18th, 2017 | Events, Conferences,Forums and Symposiums, Markets | Read More

The time for ocean shippers to digitize is now, says INTTRA

The time for ocean shippers to digitize is now, says INTTRA
A.I., predictive analytics, and greater network connectivity to drive industry forward PARSIPPANY N.J. – May 18, 2017 – Digitization is rapidly transforming the ocean container shipping industry, according to INTTRA, the world’s ocean shipping electronic marketplace.   In a new...
May 18th, 2017 | Containers, IT and Communications, Marine Equipment Products and Services, Technical, Technology | Read More

Baltic Exchange appoints new Chief Commercial Officer

Baltic Exchange appoints new Chief Commercial Officer
Janet Sykes The Baltic Exchange has appointed a new Chief Commercial Officer to support its ambitious growth plans. Janet Sykes, former head of communications at shipping services provider Clarksons Platou, will join the Baltic Exchange on 3 July. Welcoming her appointment, Baltic Exchange Chief Executive...
May 18th, 2017 | Company Profiles, HR, Markets, Person Profiles | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, May 18, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, May 18, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD remained under pressure in European trade and US Treasuries retained a firm tone while major European bourses were weaker in early trade, taking...
May 18th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

The BDI@960 …drawn your sorrows

The BDI@960  …drawn your sorrows
John Faraclas The BDI (Baltic Dry Index) lost twenty points earlier on today and at 960 creates a critical dry market. John Faraclas’ briefing: The Capers down 42 points saw the BCI 2014 at 1,590… The Panamaxes BPI down 31 at 925 The Supras’ BSI down seven points at 771 and The Handies’ BHSI...
May 17th, 2017 | Chartering, Cruise Ferry, Dry Bulkcarriers, Fishing Trawlers, Fixtures, Markets, News, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

BIFA names policy and compliance officer for customs issues

BIFA names policy and compliance officer for customs issues
Robert Keen The British International Freight Association (BIFA) has confirmed the appointment of Pawel Jarza as policy and compliance advisor with responsibility for issues concerning Customs. This role will involve working with the trade, HMRC and other bodies to ensure customs processes and policies...
May 17th, 2017 | Associations, Person Profiles, Trade and Commerce | Read More

UNCTAD signs MOU with MarineTraffic

UNCTAD signs MOU with MarineTraffic
Argyris Stasinakis (Partner, MarineTraffic) and Shamika Sirimane (Director of UNCTAD’s Division on Technology & Logistics) Leading global ship tracking intelligence company MarineTraffic and the United Nations Conference on Trade & Development (UNCTAD) have yesterday (16 May 2017) signed a...
May 17th, 2017 | Markets, Reports, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, May 17, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, May 17, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD remained under pressure against most of its major currency peers in European trade as political risks surrounding the White House administration...
May 17th, 2017 | Company Profiles, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Wärtsilä scrubber system to clean new Korean ferry’s exhaust

Wärtsilä scrubber system to clean new Korean ferry’s exhaust
.The new Korean ferry being built at the Hyundai Mipo Dockyard will be equipped with a Wärtsilä exhaust gas cleaning system. Wärtsilä Corporation,  17 May 2017 at 10 am EET – The technology group Wärtsilä has been contracted to supply its exhaust gas cleaning system for a new Korean ferry....
May 17th, 2017 | Marine Equipment Products and Services, Ro-Ro and Passenger Ferries | Read More

Nasty BDI and strange geopolitics govern the day…

Nasty BDI and strange geopolitics govern the day…
John Faraclas The BDI (Baltic Dry Index) continued to fall; Geopolitics crucial; John Faraclas daily recap: The BDI lost another 14 points and now stands at 980 points sending a strong message to all interested stakeholders! The Capers’ BCI 2014  lost 29 points and now reads 1,632.- The Panamaxes...
May 16th, 2017 | Military, News, Piracy and Terrorism, Politics and Government, Shipbuilding and Shipyards, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, May 16, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, May 16, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was weaker across the board in European trade weighed down by a dovish shift in short-term Fed rate hike expectations following disappointing...
May 16th, 2017 | Banking, Company Profiles, Country Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

The BDI falls yet again below the 1,000 points

The BDI falls yet again below the 1,000 points
John Faraclas The BDI is losing steam, no comments on this; we have warned you! The BDI (Baltic Dry Index) closed earlier on today at 994  points, that’s minus 20 since last Friday’s the 12th of May closing sending a multiple of messages around. The Geopolitical aspects are a cause of major concern;...
May 15th, 2017 | Chartering, Containers, Dry Bulkcarriers, IT and Communications, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

Diana announces Results of 2017 Annual Meeting of Shareholders

Diana announces Results of 2017 Annual Meeting of Shareholders
Diana Shipping Inc. Announces Results of 2017 Annual Meeting of Shareholders ATHENS, GREECE, May 15, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that the Company’s Annual Meeting of Shareholders...
May 15th, 2017 | Company Profiles, Markets, News, Person Profiles, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, May 15, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, May 15, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Major European equity markets were slightly firmer in early trade supported by higher oil prices amid increased expectations that OPEC and non-OPEC members...
May 15th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

The Board of Oslo Børs approves Saferoad Holding for listing

The Board of Oslo Børs approves Saferoad Holding for listing
15/05/2017 – At its meeting on 15 May 2017, the Board of Directors of Oslo Børs resolved to admit the shares in Saferoad Holding ASA to listing on Oslo Børs. The Board agreed to exempt the company from the requirement that a listed company must have been in existence for at least three years,...
May 15th, 2017 | Markets, Statistics, Stock Markets | Read More