Archive for the ‘Markets’ Category

SCF Group and Shell pioneer adoption of cleaner-burning LNG as a primary fuel for Aframax tankers

SCF Group and Shell pioneer adoption of cleaner-burning LNG as a primary fuel for Aframax tankers
David Moorhouse, member of the Board of Directors at Sovcomflot, Chairman of the Committee for Innovative Development and Technical Policy of the Board of Directors; Evgeny Ambrosov, Senior Executive Vice-President of SCF Group; Mark Quartermain, Vice-President of Crude Trading for Shell; Dr. Grahaeme...
February 20th, 2018 | Chartering, LNG, Markets, Tankers | Read More

Britannia appoints new exclusive correspondent in Taiwan

Britannia appoints new exclusive correspondent in Taiwan
In a move to maintain the highest possible service levels to its Members in Asia, Britannia P&I has recently made two important changes. In April last year, Britannia’s Managers, Tindall Riley, acquired the club’s Exclusive Correspondent in Japan, Cornes P&I. Renamed Tindall Riley (Britannia)...
February 20th, 2018 | Company Profiles, Mergers and Acquisitions, P and I Clubs | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, February 20, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, February 20, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasuries were weaker in early European trade on Tuesday and the 2/10-yr yield curve flattened, in line with the recent equity market recovery.  In FX markets, the USD was firmer supported by higher US Treasury yields. Looking...
February 20th, 2018 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@1,087: still expecting the Chinese Dog to bark..

The BDI@1,087: still expecting the Chinese Dog to bark..
John Faraclas The BDI (Baltic Dry Index) …kept its “pace” thanks to the rising Panamaxes trying to balance the continuous Capers fall. Geopolitics as expected and warned you already, entered the point of no return. John Faraclas’ daily markets and geopolitics briefing: The BDI clinched three...
February 19th, 2018 | Banking, Energy, Environment, Finance, Military, News, Reports, Shipfinance, Shipping Indices | Read More

EMAS Offshore to be delisted from Oslo Børs

EMAS Offshore to be delisted from Oslo Børs
19/02/2018 – The Oslo Stock Exchange has resolved to delist EMAS Offshore Limited.  The Oslo Stock Exchange has passed the following resolution: “The Oslo Stock Exchange considers that EMAS Offshore Limited, issuer of shares with ISIN SG1AD2000008, is not suitable for listing on the Oslo Stock...
February 19th, 2018 | Statistics, Stock Markets | Read More

The 2nd Annual Capital Link Cyprus Shipping Forum

The 2nd Annual Capital Link Cyprus Shipping Forum
The Bornozis’ with captain Panagiotis N. Tsakos at a full house during the event The 2nd Annual Capital Link Cyprus Shipping Forum: A Vote of Confidence in Cyprus’s rising role in World Shipping; Dr. Loukas Gr. Glyptis writes on the afternoon sessions: The annual Capital Link Cyprus Shipping...
February 16th, 2018 | Conferences, Seminars, Forums, Markets, Shipbuilding and Shipyards, Shipfinance, Shipmanagement | Read More

BDI’s controlled fall@1,084; Geopolitics more than perplexed

BDI’s controlled fall@1,084; Geopolitics more than perplexed
John Faraclas The BDI (Baltic Dry Index) lost since four points yesterday,  44 since last week and now stands at 1,084 points – from 1,125. The Geopolitics are so perplexed – given also the amassed global debt for which we have warned long ago in various multi-theme reporting. John Faraclas’...
February 16th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Tankers | Read More

Freight forwarders demand action on infrastructure investment

Freight forwarders demand action on infrastructure investment
Robert Keen Commenting on the National Infrastructure Commission’s (NIC) first Annual Monitoring Report, Robert Keen, Director General of the British International Freight Association (BIFA), said: “Today, we have seen the value of having an independent National Infrastructure Commission to hold...
February 16th, 2018 | Associations, Aviation, Logistics, Organisations, Politics and Government, Ports & Terminals, Reports, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Friday, February 16, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, February 16, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasury yields retreated from yesterday’s fresh multi-year highs as investors are probably getting more cautious, indicating no rush to price in a steeper path of Fed rate tightening in the coming months, in spite of higher than...
February 16th, 2018 | Banking, Company Profiles, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Container Terminal St. Petersburg invested € 9.1M in development

Container Terminal St. Petersburg invested  € 9.1M in development
A view from the container sector adjacent to the containers berth In 2017, Container Terminal Saint-Petersburg (CTSP, a company of UCL Holding) spent more than RUB 650 million (EUR 9.1 million) under its development programme. Of this amount RUB 643.6 million (EUR 9 million) was spent for the purchase...
February 16th, 2018 | Company Profiles, News, Ports & Terminals, Statistics, Trade and Commerce | Read More

BDI’s mild dive at 1,089; havoc in Geopolitics

BDI’s mild dive at 1,089; havoc in Geopolitics
John Faraclas The BDI lost six points thanks to the surge of Panamaxes and the reduced fall of Capers. Geopolitics including the economy on Planet Ocean is in tatters. John Faraclas early daily briefing/recap: The Capers’ fall was a …bit contained and the loss of 58 points brought the BCI down at...
February 15th, 2018 | Bribery and Corruption, Conferences, Seminars, Forums, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

Driving sustainability in ship recycling: Blue MBA participant Prashant Widge

Driving sustainability in ship recycling: Blue MBA participant Prashant Widge
Capt Prashant Widge. Driving sustainability in ship recycling: Blue MBA participant Prashant Widge Captain Prashant Widge has an unusual role for a qualified master mariner – after a fulfilling career sailing merchant ships across the globe, he is today engaged in driving sustainability in the ship...
February 15th, 2018 | Academia, Maritime Education and Training, News, Sales and Purchases, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, February 15, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, February 15, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US inflation data for January surprised to the upside fueling another sell-off in US Treasuries. Along these lines, Bunds also moved lower, albeit to a lesser extent. Global equities were not affected by weaker bond markets. In FX markets,...
February 15th, 2018 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Swivel Software Launches to Empower Digital Logistics

Swivel Software Launches to Empower Digital Logistics
Matt Motsick, CEO, SWIVEL Software A new breed of software supplier to the freight forwarding and global shipper community is born today. Swivel Software’s mission is to make it easier for freight forwarders and importers/exporters to work together through e-commerce and digitalization – shaking...
February 15th, 2018 | IT and Communications, Logistics, News, Technical, Technology, Trade and Commerce | Read More

Baleària invests 75 million euros in the purchase of three ships to reinforce its fleet

Baleària invests 75 million euros in the purchase of three ships to reinforce its fleet
The ferry “Nápoles of Baleària” Baleària invests 75 million euros in the purchase of three ships to reinforce its fleet The shipping company owns twenty-four ships and charters one Baleària recently invested nearly 75 million euros to purchase three ships to reinforce its fleet.  The...
February 15th, 2018 | Cruise Industry, Sales and Purchases | Read More

Survitec to present at the Informal Tanker Operators’ Safety Forum

Survitec to present at the Informal Tanker Operators’ Safety Forum
Safety solutions provider Survitec is to attend the Informal Tanker Operators’ Safety Forum (ITOSF) which takes place in Athens at the Grand Bretagne Hotel, on 21st and 22nd February 201 The two-day event is a gathering of representatives of more than 70 tanker management companies, exchanging views...
February 15th, 2018 | Events, Conferences,Forums and Symposiums, Marine Equipment Products and Services, Safety and Security, Tankers | Read More

Capers begin to dive; give peace another chance!

Capers begin to dive; give peace another chance!
John Faraclas The BDI (Baltic Dry Index) lost 19 points earlier on today and now reads 1,095…. Geopolitics puts Peace on the shelf so we urge all to Give Peace ANOTHER chance! John Faraclas’ daily briefing: The Capers begun to dive again; today the loss was 72 points with the BCI standing at 1,721...
February 14th, 2018 | Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

The Oslo Stock Exchange imposes a violation charge on Oceanteam ASA

The Oslo Stock Exchange imposes a violation charge on Oceanteam ASA
On 14 February 2018, the Oslo Stock Exchange resolved to impose a violation charge on Oceanteam ASA of NOK 1,315,300 for breach of the duty to disclose inside information to the market and other Continuing Obligations for stock exchange listed companies. The Oslo Stock Exchange passed the following...
February 14th, 2018 | Regulatory, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, February 14, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, February 14, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Amid signs of increasing US inflation pressures following a higher than expected rise of 2.9%YoY in January average hourly earnings, which pushed bond yields higher and weighed heavily on equities, all eyes today are on US consumer...
February 14th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Dropping BDI@1,114; the world at War…

Dropping BDI@1,114; the world at War…
John Faraclas The BDI (Baltic Dry Index) lost nine points earlier on today; all other dry indices ended with losses. The Geopolitical  situation gets franticly worse and the drums of war can be heard; S H A M E! John Faraclas’ daily brief: The Capers lost 31 points and now the BCI reads 1,793… The...
February 13th, 2018 | Markets, Military, News, Piracy and Terrorism, Reports | Read More

Universal Forwarder handled 18.6 million tonnes of cargo in 2017

Universal Forwarder  handled 18.6 million tonnes of cargo in 2017
… Moscow, Russia headquartered Universal Forwarder LLC (part of UCL Holding) in 2017 handled 18.6 million tonnes of freight, representing a 12% year-on-year growth which was driven primarily by dry bulk and general cargo volumes. Volumes of dry bulk cargo rose 16.4% y-o-y to 11.5 million tonnes....
February 13th, 2018 | Logistics, News, Trade and Commerce | Read More

Diana Containerships sells panamax containerhip “New Jersey”

Diana Containerships sells panamax containerhip “New Jersey”
Diana Containerships Inc. Announces the Sale of a Panamax Container Vessel, the m/v New Jersey ATHENS, GREECE, February 13, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that it has signed,...
February 13th, 2018 | Container shipping, Sales and Purchases, Stock Markets | Read More

Dutch prosecutors press criminal charges against Seatrade

Dutch prosecutors press criminal charges against Seatrade
Ingvild Jenssen Managers risk prison sentences and hefty fines for the illegal sale of end-of-life ships Brussels/Rotterdam, 15 February 2018 – For the first time in Europe, Public Prosecutors are bringing criminal charges against a ship owner – Seatrade – for having sold vessels to scrap yards...
February 13th, 2018 | Health and Safety, Ship Demolitions | Read More

“Air quality measurements in ports”, PPA 16 February 2018

“Air quality measurements in ports”,  PPA 16 February 2018
Piraeus Port Authority “Air quality measurements in ports”, at the Piraeus Port Authority, 16 February 2018 Interesting discussions on air pollution measurements in ports and deployment of LNG as alternative fuel will be the focus of the forthcoming EU co-funded Poseidon Med II event which will...
February 13th, 2018 | Emissions, Environment, Events, Conferences,Forums and Symposiums, LNG, Pollution | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, February 13, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, February 13, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In FX markets, the DXY index was 0.4% weaker in European trade compared to Monday’s settlement on market anxiety ahead of Wednesday’s key US CPI report. Elsewhere, US Treasuries were modestly firmer with the 10-yr yield standing...
February 13th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More