Archive for the ‘Chartering’ Category

Uncertainty and volatility rule the Markets

Uncertainty and volatility rule the Markets
John Faraclas Uncertainty and volatility rule the Markets The BDI (Baltic Dry Index) lost 17 points and now stands at 1,558 – on a weekly tough basis same was up 30 points from 1,528 (29/11). Geopolitics still sour. John Faraclas’ daily and weekly recaps: The Capes’ BCI was down 52 points at 3,273...
December 6th, 2019 | Anniversaries, Awards, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Emissions, Energy, Environment, Events, Markets, Military, Pollution, Regulatory, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI in …red…despite all Dry Indices are on the plus!

The BDI in …red…despite all Dry Indices are on the plus!
John Faraclas The BDI in …red…despite all Dry Indices are on the plus! Strange things will always happen and the middleman in the street still questions odd things like today’s BDI (Baltic Dry Index) being down seven points at 1,599 whilst all Dry Indices are on the up, even a contained up with...
December 4th, 2019 | Anniversaries, Banking, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Finance, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,606 amid total geopolitical turmoil and a perplexed London NATO “summit”…

The BDI@1,606 amid total geopolitical turmoil and a perplexed London NATO “summit”…
John Faraclas   The BDI@1,606 amid total geopolitical turmoil and a perplexed London NATO “summit”… The BDI (Baltic Dry Index) was up 38 points thanks once again to the volatile Capes and to a lesser extend to the rising Panamaxes… Good to see same above the 1,600 point threshold! Twists...
December 3rd, 2019 | Charity, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Marine Insurance, Markets, Military, News, P and I Clubs, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

Diana fixes on period t/c kamsarmax “Myrsini” and panamax Artemis

Diana fixes on period t/c kamsarmax “Myrsini” and panamax Artemis
. DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACTS FOR M/V MYRSINI WITH AUSCA AND M/V ARTEMIS WITH KOCH ATHENS, GREECE, December 3, 2019 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through...
December 3rd, 2019 | Chartering, Dry Bulkcarriers, Markets, News, Statistics, Stock Markets | Read More

The BDI improves further whilst the Wets fall continue amid geopolitical perplexed uncertainty

The BDI improves further whilst the Wets fall continue amid geopolitical perplexed uncertainty
John Faraclas The BDI improves further whilst the Wets fall continue amid geopolitical perplexed uncertainty The BDI (Baltic Dry Index) gained 40 points thanks to the triple-digit Capes rise and now stands at 1,568 points; wonder what’s up with the falling Wets. Geopolitics will surprise many in all...
December 2nd, 2019 | Chartering, Comment, Dry Bulkcarriers, Markets, News, People and Places, Reports, Shipping Indices, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More

Dry Market maintains its …“momentum”; the Wets falling…

Dry Market maintains its …“momentum”; the Wets falling…
John Faraclas Dry Market maintains its …“momentum”; the Wets falling… The BDI (Baltic Dry Index) gained 27 points and now stands at 1,467; Geopolitics still sour. John Faraclas brief daily recap: The Capes a whisker close to 3,000 points; the flirting continues and looks like tomorrow this threshold...
November 28th, 2019 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

The Markets “still” buoyant…

The Markets “still” buoyant…
John Faraclas The Markets “still” buoyant The BDI (Baltic Dry Index) was up 14 points and now stands at 1,440 points; the Wets with mixed feelings… John Faraclas’ midweek recap: What a contained rise of all Dry Indices, eh! The triple-digit surge of Capes during the beginning of the week (Monday...
November 27th, 2019 | Anniversaries, Chartering, Dry Bulkcarriers, IMIF, London Shipping Law Centre, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Capes volatility keeps the Dry market “buoyant”…

Capes volatility keeps the Dry market “buoyant”…
John Faraclas Capes volatility keeps the Dry market “buoyant”… The BDI (Baltic Dry Index) was up 75 points at 1,426… Geopolitics still sour. John Faraclas’ brief recap: The BDI is now over and above the 1,400 points; cross your fingers and don’t complain! The Capes’ three digit  plus figure...
November 26th, 2019 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Markets, News, Press and Media, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

BIMCO December Market Outlook: Tanker shipping and Macroeconomics 25 Nov. 2019

BIMCO December Market Outlook: Tanker shipping and Macroeconomics 25 Nov. 2019
Peter Sand BIMCO December Market Outlook: Tanker shipping and Macroeconomics 25 Nov. 2019 MACROECONOMICS World growth and trade volumes under pressure, but still positive A continued slowdown in global growth, as well as a lower trade multiplier will reduce overall demand for shipping for the rest of...
November 25th, 2019 | BIMCO, Chartering, Markets, Oil Industry, Statistics, Stock Markets, Tankers | Read More

The Dry Market might turn a liability for all, unless…

The Dry Market might turn a liability for all, unless…
John Faraclas The Dry Market might turn a liability for all, unless… The BDI (Baltic Dry Index) gained 29 points since yesterday and now stands at 1,284! One a weekly though basis the BDI was down 73 points! Geopolitics in jeopardy…  John Faraclas’ daily and weekly recap: The Capes did it...
November 22nd, 2019 | Charity, Chartering, Civil Unrest, Dry Bulkcarriers, Markets, Music, Safety and Security, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Diana fixes post panamax “Electra” and panamax “Protefs” on period

Diana fixes post panamax “Electra” and panamax “Protefs” on period
. DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACTS FOR M/V ELECTRA WITH OLDENDORFF AND  M/V PROTEFS WITH PHAETHON ATHENS, GREECE, November 22, 2019 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced...
November 22nd, 2019 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Statistics, Stock Markets | Read More

Contained dry fall and continued wet surge

Contained dry fall and continued wet surge
John Faraclas Contained Dry fall and continued Wet surge The BDI (Baltic Dry Index) fell five points and now stands at 1,255. The Wets’ surge and will continue to surge. Geopolitics for strong nerves with the Migrants creating havoc in South Europe. John Faraclas’ brief recap: The Capes’ BCI was...
November 21st, 2019 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

STEALTHGAS INC. Reports Nine Months 2019 Financial and Operating Results

STEALTHGAS INC. Reports Nine Months 2019 Financial and Operating Results
Harry Vafias STEALTHGAS INC. Reports Nine Months 2019 Financial and Operating Results ATHENS, Greece, Nov. 21, 2019 (GLOBE NEWSWIRE) — STEALTHGAS INC. (GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today...
November 21st, 2019 | Accountancy, Chartering, Company Profiles, LPG, Reports, Shipmanagement, Stock Markets | Read More

Simpson Spence Young (SSY) expands into energy derivatives broking

Simpson Spence Young (SSY) expands into energy derivatives broking
New hire – James Whistler, Head of Energy Derivatives, SSY Simpson Spence Young (SSY) expands into energy derivatives broking Leading independent shipbroker Simpson Spence Young (SSY) is launching a new energy derivatives service through its derivatives business SSY Futures Ltd., based in New York,...
November 21st, 2019 | Chartering, Company Profiles, Energy, Markets, Person Profiles | Read More

Falling BDI amid Planet Ocean’s Geopolitical mess…

Falling BDI amid Planet Ocean’s Geopolitical mess…
John Faraclas Falling BDI amid Planet Ocean’s Geopolitical mess… The BDI (Baltic Dry Index) lost 44  points earlier on today and now stands at 1,260. With the geopolitical issues having no end, things can get sour all over. John Faraclas’ brief midweek recap: The Capes’ BCI loss was a triple...
November 20th, 2019 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

Diana fixes post-panamax “Polymnia” on period to Cargill

Diana fixes post-panamax “Polymnia” on period to Cargill
. Diana Shipping Inc. announces direct continuation of time charter contract for m/v Polymnia with Cargill  ATHENS, GREECE, November 20, 2019 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through...
November 20th, 2019 | Chartering, Company Profiles, Dry Bulkcarriers, Markets, News, Stock Markets | Read More

Skyfall …err Dryfall continues with the BDI@1,304; Wets …“surge”

Skyfall …err Dryfall continues with the BDI@1,304; Wets …“surge”
John Faraclas Skyfall …err Dryfall continues with the BDI@1,304; Wets …“surge” The Dry Market ‘s fall continued with the only excemption that of the Panamax which surprise surprise gained four points! The Wets on the up and Geopolitics as usual continue to deteriorate sending hint-alarms but...
November 19th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,338… CAUTION!

The BDI@1,338… CAUTION!
John Faraclas The BDI@1,338… CAUTION! The BDI (Baltic Dry Index) fell 19 points since last Friday the 15th of November and makes things more uncertain as it’s a bad start for this week, given that  Geopolitics are being governed by the few who don’t care at all how the 7.7 billion people on...
November 18th, 2019 | Chartering, Comment, Dry Bulkcarriers, Insight, Markets, Military, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

The false economy of amending knock for knock clauses

The false economy of amending knock for knock clauses
. From the Shipowners’ Club: The false economy of amending knock for knock clauses Some charterers propose amendments to standard knock for knock clauses in offshore contracts, while such changes can appear to be a gain for the charterer, they can come at great cost in terms of delays in obtaining...
November 18th, 2019 | Chartering, Disputes, P and I Clubs | Read More

Dry Market’s contained fall amid perplexed Geopolitics and Global Debt continues…

Dry Market’s contained fall amid perplexed Geopolitics and Global Debt continues…
John Faraclas Dry Market’s contained fall amid perplexed Geopolitics and Global Debt continues… The BDI (Baltic Dry Index) was down earlier on today seven points to 1,357 and on a weekly basis 21 – from 1,378 points (08 Nov.2019). A contained fall with only the Capes being on a slight upwards...
November 15th, 2019 | Awards, Books, Chartering, Civil Unrest, Comment, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Unsustainable Volatile Markets with the BDI down at 1,364

Unsustainable Volatile Markets with the BDI down at 1,364
John Faraclas Unsustainable Volatile Markets with the BDI down at 1,364 The BDI (Baltic Dry Index) fell just a point earlier on today despite the Capes’ “surge”. Geopolitics still perplexed and any time we might feel the tsunamis. John Faraclas’ brief recap: The Capes’ BCI was up 58 points...
November 14th, 2019 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Diana fixes Kamsarmax “Medousa” on period to Cargill

Diana fixes Kamsarmax “Medousa” on period to Cargill
. DIANA SHIPPING INC. ANNOUNCES DIRECT CONTINUATION OF TIME CHARTER CONTRACT FOR M/V MEDUSA WITH CARGILL ATHENS, GREECE, November 14, 2019 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through...
November 14th, 2019 | Chartering, Dry Bulkcarriers, Markets, Stock Markets | Read More

Volatile Capes’ slight “rebound” but all other dry indices falling; the Wets balancing…

Volatile Capes’ slight “rebound” but all other dry indices falling; the Wets balancing…
John Faraclas Volatile Capes’ slight “rebound” but all other dry indices falling; the Wets balancing… The BDI was up 11 points earlier on today and now stands at 1,365… Messy Geopolitics might as numerous times have stressed turn Planet Ocean upside down! John Faraclas’ brief daily recap: The...
November 13th, 2019 | Associations, Banking, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Food and Drink, Maritime Education and Training, Markets, Military, Reports, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Pinch me, the BDI is up nine points amid geopolitical mess

Pinch me, the BDI is up nine points amid geopolitical mess
John Faraclas Pinch me, the BDI is up nine points amid geopolitical mess The BDI (Baltic Dry Index) …”hit” back today and a …record of plus nine points was observed bringing same up to 1,354 points. The Geopolitics cannot be followed anymore and be prepared for everything… John...
November 12th, 2019 | Banking, Books, Chartering, Comment, Dry Bulkcarriers, Energy, Finance, Markets, Military, Reports, Sanctions, Shipping Indices, Trade and Commerce | Read More

The BDI@1,345: The fall continues uninterrupted… amid other fears

The BDI@1,345: The fall continues uninterrupted… amid other fears
John Faraclas The BDI@1,345: The fall continues uninterrupted… amid other fears The BDI (Baltic Dry Index) lost earlier on today another 33 points and now stands at 1,345 points amid verry serious geopolitical fears. John Faraclas’ brief daily recap: The Capes lost the 2,400 points threshold with...
November 11th, 2019 | Chartering, Dry Bulkcarriers, Markets, Reports | Read More