Archive for the ‘Chartering’ Category

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

Evergreen charters twelve 11,000 TEU containerships

Evergreen charters twelve 11,000 TEU containerships
Evergreen Marine Corp. (EMC) entered into an agreement with Shoei Kisen Kaisha today to charter twelve 11,000 TEU class containerships. The charter parties were signed by EMC Chairman Mr. Anchor Chang (left) and President of Shoei Kisen Kaisha Mr. Yukito Higaki (right). February 12, 2018 – Evergreen...
February 12th, 2018 | Chartering, Containers, Markets | Read More

Perplexed Dry Markets and Stocks…

Perplexed Dry Markets and Stocks…
John Faraclas The BDI …back @1,095 points… so did the DJIA with a swift rebound… The BDI (Baltic Dry Index) thanks to the as ever volatile Capers now reads 1,095 points… Geopolitics continue to get worse; John Faraclas’ daily briefing: The BDI gained the 13 points lost yesterday but generally...
February 6th, 2018 | Anniversaries, Chartering, Dry Bulkcarriers, Events, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

The falling BDI@1,082 raises concerns…

The falling BDI@1,082 raises concerns…
John N. Faraclas The BDI (Baltic Dry Index) begun the week with a controlled fall. Geopolitics on a turning point. John Faraclas’ daily briefing: The BDI lost 13 points and now reads 1,082 points amid a general market fall with the Dow Jones on record losses since the crisis of 2008 and that surely...
February 5th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, UN | Read More

Diana fixes panamax “Selina” on period t/c with BG Shipping

Diana fixes panamax “Selina” on period t/c with BG Shipping
Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Selina with BG Shipping ATHENS, GREECE, February 5, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through...
February 5th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Statistics, Stock Markets | Read More

The BDI@1,095: nothing matters much and very little mattes at all…

The BDI@1,095: nothing matters much and very little mattes at all…
John Faraclas The BDI (Baltic Dry Index) lost 19 points earlier on today and with a triple-digit fall of 124 points since last week (1,219) , brings-in the Aristotelian maxim as the title of today’s weekly report; try to interpret this and see what you get, not just for the shipping markets but for...
February 2nd, 2018 | Academia, Anniversaries, Chartering, Clubs, Dry Bulkcarriers, Events, Food and Drink, Markets, Military, News, People and Places, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

BDI dives further

BDI dives further
John Faraclas The BDI (Baltic Dry Index) lost another 39 points  since yesterday and now stands at 1,114 points sending warnings …”shots” all around… The Wets too on a downfall mode and Geopolitics must question our patience as things escalate and WWIII might engulf us all very soon...
February 1st, 2018 | Chartering, Containers, Dry Bulkcarriers, Markets, Oil Industry, Religion, Reports, Shipping Indices | Read More

Baltic Exchange applies changes to BDI

Baltic Exchange applies changes to BDI
The Baltic Exchange Building Following consultation with members, the Baltic Exchange will be implementing previously announced changes to the Baltic Dry Index (BDI).   From 1 March 2018 the BDI will be re-weighted to the following ratios of timecharter assessments: 40% Capesize, 30% Panamax and 30%...
February 1st, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Shipping Indices, Statistics, Stock Markets | Read More

The BDI@1,152: perplexed projections and expectations…

The BDI@1,152: perplexed projections and expectations…
John Faraclas The BDI (Baltic Dry Index) lost 39 points since yesterday thanks to the as ever volatile Capers as well as to all other main indicised sizes… John Faraclas daily briefing: The Capers on a triple digit downfall saw the BCI down 135 points and now at 1,613 pause a threat, needless to say...
January 31st, 2018 | Banking, Chartering, Dry Bulkcarriers, Finance, International Chamber of Shipping, Markets, Military, News, Reports, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Unsustainable BDI or what?

Unsustainable BDI or what?
John Faraclas The BDI (Baltic Dry Index) ended the day by losing five points and now stands at 1,214; not a good start for the week. Geopolitics are getting all over Planet Ocean more perplexed than ever. John Faraclas’ daily briefing: The Capers’ BCI “reduced” its rise to a dozen point and now...
January 29th, 2018 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, London Shipping Law Centre, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,217…

The BDI@1,217…
John Faraclas The BDI (Baltic Dry Index) couldn’t continue its yesterday’s rise and today’s gains were almost halved. The Geopolitics remain messy and only Ares (Mars) can sort all this mess in his usual way; so should we say: let it be? John Faraclas’ daily recap: The BDI gained 17 points –...
January 25th, 2018 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Markets, P and I Clubs, Politics and Government, Ship Demolitions, Statistics, Stock Markets, Tankers | Read More

The BDI@1,200…

The BDI@1,200…
John Faraclas The BDI (Baltic Dry Index) gained 43 points bringing some smiles in the Square Mile and beyond. Geopolitics continue to get worse, particularly during the current World Economic Forum at Davos; the rest is “fake news”. John Faraclas’ daily brief: The Capes’ BCI clinched...
January 24th, 2018 | Chartering, Markets, News, Reports, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

The BDI is 1,090 points below from December 2013 level of 2,247…

The BDI is 1,090 points below from December 2013 level of 2,247…
John Faraclas Despite the ups and downs, the hopes and worries, the expectations and projections and all that jazz, the BDI (Baltic Dry Index) remains stuck in levels which prove our worries of yet another period of discontent…  Today the BDI gained 28 points and now stands at 1,157, thanks to the...
January 23rd, 2018 | Banking, Chartering, Containers, Dry Bulkcarriers, Events, Markets, News, Reports, Sales and Purchases, Shipfinance, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Diana Shipping announces “Dione’s” period t/c fixture with Ausca

Diana Shipping announces “Dione’s” period t/c fixture with Ausca
ATHENS, GREECE, January 22, 2018 – 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 Ausca Shipping Limited,...
January 22nd, 2018 | Chartering, Dry Bulkcarriers, Markets, News | Read More

The BDI remains stuck… Wets too

The BDI remains stuck… Wets too
John Faraclas The BDI (Baltic Dry Index) “clinched” four points earlier on today, quite odd as the Capes lost 48 points and the Panamaxes gained 29… A bit of an oxymoron… So at 1,129 points the BDI remains stuck and wonder what’s next. John Faraclas’ daily recap: The Capers as said lost...
January 22nd, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics | Read More

Tanker Market, Challenges For Owners : Capt. B.K. Tyagi

Tanker Market, Challenges For Owners : Capt. B.K. Tyagi
Capt BK Tyagi The Shipping Tribune is pleased to announce that, Capt. B.K. Tyagi, Vice President, The Shipping Corporation of India Ltd, a well-known maritime professional, will be addressing the global audience at “India Tanker Shipping & Trade Summit 2018” being organised on 2nd February 2018...
January 20th, 2018 | Chartering, Events, Conferences,Forums and Symposiums, Markets, Tankers | Read More

Falling BDI@1,125: what a finale…

Falling BDI@1,125: what a finale…
John Faraclas As we expected the BDI (Baltic Dry Index) continued is fall – not yet a free fall, but a considerable one and now, thanks once again to the Capers the BDI stands at 1,125 points – minus 14. On a weekly basis the BDI lost 154 points!!!! The Geopolitical situation per our prognosis turns...
January 19th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Tankers | Read More

Is BDI’s fall here to stay..?

Is BDI’s fall here to stay..?
John Faraclas The BDI (Baltic Dry Index) continued its downfall as did Geopolitics and things are getting more than sour every single hour; we are living in interesting times. John Faraclas’ daily briefing: With minus 25 points the BDI now stands at 1,139 thanks to the as ever volatile and enigmatic...
January 18th, 2018 | Chartering, Containers, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Sales and Purchases, Shipping Indices, Tankers | Read More

BIMCO launches new innovative contract editing solution

BIMCO launches new innovative  contract editing solution
Grant Hunter Head of Contracts and Clauses at BIMCO BIMCO has taken a big step forward and launched an innovative new solution for editing contracts. The solution is called SmartCon, and it makes contractual work easier and more secure. The product was launched at an event in Singapore today (Thursday...
January 18th, 2018 | BIMCO, Chartering, Fixtures, Insight, Markets | Read More

Widen BDI losses as the Capes dive…

Widen BDI losses as the Capes dive…
John Faraclas The BDI ended up… down at 1,164 points – minus 57 due to the unprecedented but expected from this medium Capers volatility and fall… Geopolitics continue to deteriorate in all fronts. John Faraclas brief market report: The Capers following yesterday’s loss of 221 points today same...
January 17th, 2018 | Chartering, Dry Bulkcarriers, Events, Markets, Oil Industry, Shipping Indices, Statistics, Stock Markets | Read More

BDI: the fall continues…

BDI: the fall continues…
John Faraclas The BDI (Baltic Dry Index) lost earlier on today another fifteen points and now stands at 1,264 which is 983 points below the end of December 2013 level! CAUTION! John Faraclas’ daily briefing: The Capes lost 65 points and the BCI now reads 2,231 points. Losses for the Panamaxes with...
January 15th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Tankers | Read More

The BDI@1,395 losing steam; Wets too…

The BDI@1,395 losing steam; Wets too…
John N. Faraclas Once again it seems that the Market is losing steam amid the coming Geopolitical Armageddon. John Faraclas’ daily briefing: The BDI (Baltic Dry Index) managed to clinch ten points but the omens don’t look promising for the short run and that’s until after the Chinese New Year....
January 9th, 2018 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Stock Markets, Trade and Commerce | Read More

The BDI@1,371 …”refloats”; the Wets still stranded…

The BDI@1,371 …”refloats”; the Wets still stranded…
John Faraclas Thanks to the Capers and Panamaxes the BDI (Baltic Dry Index) gained 30 points and survived further humiliation, “even” the one anticipated over the festive season. Geopolitics remain perplexed and enigmatic. John Faraclas brief recap: The Capers “surge” continued but incredibly...
January 5th, 2018 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Dry and Wet Market Blues…

Dry and Wet Market Blues…
John Faraclas The BDI (Baltic Dry Index), thanks to the Capers, following yesterdays major losses, managed to gain 32 points and now stands at 1,262 points; the Wets collapsed and all of us must consider the geopolitical effects. John Faraclas’ midweek recap: The Volatiles, …err the Capers clinched...
January 3rd, 2018 | Chartering, Dry Bulkcarriers, Insight, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Diana fixes panamax “Leto” on period to Glencore

Diana fixes panamax “Leto” on period to Glencore
Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Leto with Glencore ATHENS, GREECE, December 27, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through...
December 27th, 2017 | Chartering, Dry Bulkcarriers, Markets | Read More