Archive for the ‘Chartering’ Category

The BDI@1,371: volatility and uncertainty at its best…

The BDI@1,371: volatility and uncertainty at its best…
John Faraclas The BDI managed ten points plus since yesterday thanks to the volatile Capers as all other Dry Indices dive! The wets with mixed feelings in an overall downwards week with plentiful of Geopolitical mess… John Faraclas daily and weekly recap: The BDI as said in the preamble gained ten...
November 17th, 2017 | Anniversaries, Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Trade and Commerce | Read More

Diana fixes m/v Naias on period t/c with Phaethon

Diana fixes m/v Naias on period t/c with Phaethon
ATHENS, GREECE, November 16, 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 subsidiary, it has entered into a time charter contract with Phaethon International...
November 16th, 2017 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Stock Markets | Read More

Capers’ fall bring the BDI@1,405… Geopolitics a burden for all…

Capers’ fall bring the BDI@1,405… Geopolitics a burden for all…
John Faraclas The BDI lost another 40 points earlier on today and Geopolitics might make the world collapse earlier than anticipated. John Faraclas’ daily briefing: The Capers loss today was a three-digit figure; 142 points down with the BCI now standing at 3,209 points… The Panamaxes were also down;...
November 14th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The Markets: …did I hear you uncertainty..?

The Markets: …did I hear you uncertainty..?
John Faraclas The Greeks have a …cliché, not just a word for today: “…And it’s the 9th day of the month…” with respect odd situation in life. The BDI (Baltic Dry Index) lost five points earlier on today and now reads 1,481 – that’s 766 points below the 31st of Dec 2013 reading/level!!!...
November 9th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

All indices fell except the BCI…

All indices fell except the BCI…
John Faraclas The BDI (Baltic Dry Index) was for a second day slightly up thanks to the as ever volatile Capers; Geopolitics continue to be sour… John Faraclas’ midweek brief recap: The BDI ended the day at 1,486 points – nine more since yesterday… The Capers’ BCI gained 158 points driving...
November 8th, 2017 | Chartering, Containers, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Exhibitions, Markets, News, Reports, Shipping Indices, Statistics, Tankers, Tourism | Read More

HFW Briefing – MOSCOW STARS: Sale of a cargo under a Charterparty lien

HFW Briefing – MOSCOW STARS: Sale of a cargo under a Charterparty lien
  Louise Lazarou, Associate HFW The Court in Dainford Navigation Inc v PDVSA Petroleo SA1 considered an application pursuant to section 44 of the Arbitration Act 1996 (the Act) for the sale of a crude oil cargo onboard the “MOSCOW STARS” that was the subject of a charterparty lien exercised...
November 8th, 2017 | Arbiitration, Chartering, Disputes, Legal | Read More

The BDI@1,477 – a bit of …“breathing” space amid global uncertainty

The BDI@1,477 – a bit of …“breathing” space amid global uncertainty
John Faraclas The BDI (Baltic Dry Index)  finally gained four points and this breathing space might, repeat, might prove vital… but still we are far away from the 2,247 points of  of 31 Dec 2017, still a 770 points gap. Geopolitics might get sour as beyond the “usual” war between blocks and alliances...
November 7th, 2017 | Books, Chartering, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Exhibitions, Markets, Military, Oil Industry, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce | Read More

The BDI@1,476: when the balloon goes up…

The BDI@1,476: when the balloon goes up…
John Faraclas The Markets lacks sustainability and hope the winter climate reverses the current downfall although the fall doesn’t correlates with the freight earnings for both  Dries and Wets. Geopolitics as you possible notice become day by day more than crucial and all governments must put their...
November 3rd, 2017 | Chartering, Containers, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Market hiccups continue amid geopolitical – including economic, chaos

Market hiccups continue amid geopolitical – including economic, chaos
John Faraclas The BDI (Baltic Dry Index) lost ground with a further 14 points being …evaporated and now at 1,482 points enters a crucial point; geopolitics and in particular economic issues are crucial but the public lives in hibernation… John Faraclas daily recap: The Capers’ BCI dive continued;...
November 2nd, 2017 | Awards, Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipfinance, Shipping Indices | Read More

ITIC settles off-hire dispute resulting from ship manager’s negligence

ITIC settles off-hire dispute resulting from ship manager’s negligence
International Transport Intermediaries Club (ITIC) recently settled a claim brought against a ship manager for failure to maintain its obligations under a technical management contract, leading to liability for costs incurred when the vessel was denied permission to berth by port authorities in Australia. The...
November 2nd, 2017 | Chartering, Claims, Disputes, P and I Clubs, Shipmanagement | Read More

The BDI@1,522: controlled fall amid geopolitical chaos

The BDI@1,522: controlled fall amid geopolitical chaos
John Faraclas The BDI (Baltic Dry Index) lost another dozen points earlier on today, but still the situ is controlled. John Faraclas’ market briefing amid the coming Geopolitical Chaos The Capers’ BCI gained two points – the only size with “gains” and now at 3,219 expects the volatile certain...
October 31st, 2017 | Chartering, Containers, Dry Bulkcarriers, Markets, News, Piracy and Terrorism, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Falling BDI and squeezed Wets raises eyebrows…

Falling BDI and squeezed Wets raises eyebrows…
John Faraclas The BDI (Baltic Dry Index) lost another dozen of points earlier on today and now stands at 1,534 points. Geopolitics remain crucial in all fronts; John Faraclas’ daily briefing: The Capers’ BCI was down three points at 3,217… The Panamaxes lost 19 with the BPI now reads 1,498… The...
October 30th, 2017 | Associations, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

The BDI@1,555…

The BDI@1,555…
John Faraclas Correction, loss of steam, uncertainty, volatility, you name it..? To “entertain” your wonder and possibly your curiosity, the reply is simply: “oh well, all in one; a bit of everything”. The BDI’s (Baltic Dry Index) recovery from the 10th of February 2016 – when it clocked...
October 26th, 2017 | Banking, Chartering, Dry Bulkcarriers, Finance, Markets, Military, News, Reports, Shipfinance, Statistics, Stock Markets, Tankers | Read More

Are the shipping markets losing steam or what…?

Are the shipping markets losing steam or what…?
John Faraclas With the BDI  (Baltic Dry Index) at 1,588 points, plus two it seems that we are in an odd market. Geopolitics are so perplexed and you must have magic, superior qualities to know and understand of is yet to come. John Faraclas’ brief daily recap: The volatile Capers’ BCI gained 15...
October 24th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets | Read More

The BDI@1,586: …recalibration..?

The BDI@1,586: …recalibration..?
John Faraclas With eight points plus the BDI (Baltic Dry Index) opened this week’s dry market …deliberations, thanks to the Capers as all the other dry sizes remained more or less stagnant… The Geopolitical situation smells of more gun powder… John Faraclas’ daily recap: The Capers’ BCI was...
October 23rd, 2017 | Chartering, Containers, Dry Bulkcarriers, European Union, Maritime Accidents, Markets, Military, News, Piracy and Terrorism, Politics and Government, Reports, Shipbuilding and Shipyards, Shipping Indices, Stock Markets, Tankers, Trade and Commerce, UN | Read More

Enigmatic BDI and geopolitics: the name of the game…

Enigmatic BDI and geopolitics: the name of the game…
John Faraclas With just 16 points the BDI (Baltic Dry Index) continued to climb and now stands at 1,582 sending mixed signals, whilst Geopolitics keep us guessing what’s next to expect in the divide and rule world we live… John Faraclas daily briefing: The Capes steady upwards with the classic 50...
October 19th, 2017 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

Volatility and loss of steam keeps the BDI@1,566…

Volatility and loss of steam keeps the BDI@1,566…
John Faraclas The BDI (Baltic Dry Index) closed earlier on today 14 points up since yesterday given the marginal minus losses of the Panamaxes. Geopolitics are getting worse all over Planet Ocean; CAUTION. John Faraclas’ daily briefing: The Capers produced only 55 points plus, nearly half since the...
October 18th, 2017 | Chartering, Dry Bulkcarriers, Markets, News, Oil Industry, Reports, Statistics, Stock Markets, Tankers | Read More

Caution with the BDI and Geopolitics…

Caution with the BDI and Geopolitics…
John Faraclas Caution with the BDI@1,523… and geopolitics The BDI (Baltic Dry Index) closed earlier on today 38 points higher since last Friday and  now reads 1,523 points – one of the best ever for many months now… Geopolitics as per our feelings – in writing as you can read all our previous...
October 16th, 2017 | Banking, Chartering, Dry Bulkcarriers, Finance, Markets, Military, News, Piracy and Terrorism, Religion, Reports, Shipfinance, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI “reasserts” itself…

The BDI “reasserts” itself…
John Faraclas The BDI (Baltic Dry Index) ended up today with 27 points plus and now reads 1,487 which is also 82 points plus since last week’s 1,405 points… Geopolitics have turned sour and it is only a matter of when the drums of war will be heard… John Faraclas daily and weekly recap: The Capers,...
October 13th, 2017 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics | Read More

DNV GL’s new Virtual Trial application brings CFD simulation to every desktop

DNV GL’s new Virtual Trial application brings CFD simulation to every desktop
Virtual Trial – A 3D viewer lets users investigate flow details (Copyright DNV GL) Hamburg, 12 October 2017: DNV GL’s new “Virtual Trial” application allows yards and owners to use computational fluid dynamics (CFD) simulation to analyze, compare and benchmark the fuel efficiency of hull...
October 12th, 2017 | Chartering, Classification Societies, IT and Communications, News, Shipbuilding and Shipyards, Technical, Technology | Read More

Capers drop further but other sizes …do “well”…

Capers drop further but other sizes …do “well”…
John Faraclas Volatility, uncertainty and enigmatic Dry AND Wet Markets rule the day. Geopolitics and in general World Peace at stake – and it’s NOT the economy stupid; it’s figures; John Faraclas’ midweek recap: With the BDI@1,433 points – up 15 since yesterday owners defying logic believe...
October 11th, 2017 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Tankers | Read More

The BDI@1,405: a controlled correction…?

The BDI@1,405: a controlled correction…?
John Faraclas The BDI (Baltic Dry Index) and in general the markets do not surprise us at all with their performance and behaviour so far needless to say their volatility; the Geopolitics are so perplexed and enigmatic that either you consult …the oracle or use your own shipping business intuition...
October 6th, 2017 | Chartering, Conferences, Seminars, Forums, Containers, Dry Bulkcarriers, Events, Markets, Military, Oil Industry, Organisations, Piracy and Terrorism, Politics and Government, Ports & Terminals, Reefer Containers, Reefer ships, Reports, Sales and Purchases, Ship Demolitions, Ship Finance, Shipbuilding and Shipyards, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

BIMCO SUPPLYTIME 2017: A modern update to an established form

BIMCO SUPPLYTIME 2017: A modern update to an established form
SUPPLYTIME 2005, the standard form of charterparty for offshore vessels, has undergone an update to modernise and improve the form. At first glance, the revised 2017 form is very similar to its predecessor; however, it contains some important changes, some of which are more apparent than others. The...
October 6th, 2017 | BIMCO, Chartering, Legal | Read More

Diana fixes ice class panamax “Crystalia” on period with Glencore

Diana fixes ice class panamax “Crystalia” on period with Glencore
Diana Shipping Inc. Announces Time Charter Contract for m/v Crystalia with Glencore ATHENS, GREECE, October 3, 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...
October 3rd, 2017 | Chartering, Dry Bulkcarriers, Markets | Read More

Falling Dry Markets; Wets still …“buoyant…”

John Faraclas So what’s next for the Dry Markets now that that BDI (Baltic Dry Index) fell both on a daily and weekly basis despite otherwise being thought through wrong messages from those who like to dictate the markets? Geopolitics have now become more than dodgy and messy; be cautious and on guard....
October 2nd, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More