Archive for the ‘Chartering’ Category

The BDI@1,025: contained rise…

The BDI@1,025: contained rise…
John Faraclas The BDI (Baltic Dry Index) rise was contained earlier on today with almost 50 centum lower since last Friday’s the 13th of April level (plus 21). Geopolitics will become more perplexed and be braised for a long warring environment which will affect all business and conversely Shipping....
April 16th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Stock Markets, Tankers | Read More

Capers’ “surge” lifts BDI@993 amid the coming Armageddon…

Capers’ “surge” lifts BDI@993 amid the coming Armageddon…
John Faraclas – picture credits by Georgina Lazaridis The BDI (Baltic Dry Index) gained 14 points since yesterday, thanks to the as ever volatile Capers and is an iota away from the 1,000 point threshold; the geopolitical situation might create a situation of no return. John Faraclas’ daily market...
April 12th, 2018 | Chartering, Containers, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

The BDI@979: uncertainty and unsustainability… War is on!

The BDI@979: uncertainty and unsustainability… War is on!
John Faraclas The BDI (Baltic Dry Index) gained five points earlier on today – thanks once again to the Capers and a bit to the Panamaxes, and now stands at 979 points. Geopolitics and the Global Economy in total mess. John Faraclas’ brief Market recap: The Capers’ BCI clinched ten points –...
April 11th, 2018 | Chartering, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Exhibitions, Food and Drink, Immigration, Insight, Marinas, Markets, Military, News, Reports, Safety and Security, Sailing, Sanctions, Shipping Indices, Sports, Statistics, Stock Markets, Tankers, Trade and Commerce, Yachting | Read More

The Capers try to “lift” the BDI but…

The Capers try to “lift” the BDI but…
John Faraclas – picture credits by Georgina Lazaridis The BDI (Baltic Dry Index) following an unprecedented fall over the last fortnight managed to clinch just four points earlier on today thanks to the Capers’ 30 points and at 952 takes …a deep breath… Geopolitics in this extended Easter...
April 9th, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

The BDI@953; the fall continues amid a fragile “peace”…

The BDI@953; the fall continues amid a fragile “peace”…
John Faraclas – picture credits by Georgina Lazaridis The BDI (Baltic Dry Index) earlier on today lost 24 points and things, as we have predicted, might lead – hopefully NOT, to a point of no return. World Peace is at stake. John Faraclas’ daily recap: Today’s Market fall for both Dry and...
April 5th, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

The BDI@977; the Dog isn’t barking…

The BDI@977; the Dog isn’t barking…
John Faraclas The BDI (Baltic Dry Index) lost another 39 points since yesterday and the three-digit number , as well as the fact that all indices  – Dry and Wets, are in red might be the preamble of a yet another summer of discontent… The Geopolitical environment with the economic and trade...
April 4th, 2018 | Chartering, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

Diana fixes Newcastlemax “Los Angeles” on period to Swissmarine

Diana fixes Newcastlemax “Los Angeles” on period to Swissmarine
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER  CONTRACT FOR M/V LOS ANGELES WITH SWISSMARINE ATHENS, GREECE, April 4, 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...
April 4th, 2018 | Chartering, Dry Bulkcarriers, Markets, Stock Markets | Read More

The “ACONCAGUA BAY” – Court clarifies the meaning of an “always accessible” berth

The “ACONCAGUA BAY” – Court clarifies the meaning of an “always accessible” berth
A warranty containing wording that a berth should be “always accessible” to a ship can be found in many dry cargo charterparties, including GENCON, HEAVYLIFTVOY, North American Grain Charterparty and Americanized Welsh Coal Charterparty. Whilst it is well-established that such a warranty...
April 4th, 2018 | Chartering, Legal, Markets | Read More

Will the extended Easter see the Rise of the BDI?

Will the extended Easter see the Rise of the BDI?
John Faraclas As expected the BDI has fallen to a dangerous level; at 1,015 pauses grave dangers. Geopolitics competes too in creating mess in the markets and Peace. Our title is on purpose a promising one, an optimistic so to speak, despite the harsh reality but there is hope, hope unfortunately for...
April 3rd, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,055; plain sailing only for the very very very few…

The BDI@1,055; plain sailing only for the very very very few…
John N. Faraclas – picture by George Christakis The BDI (Baltic Dry Index) lost another 25 points today – a bit of a contained so to speak fall, and now at 1,055 causes major concerns; it was down 67 points since last Friday the 23rd of March (from 1,122). The Geopolitics as mentioned yesterday...
March 29th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

The BDI@1,080… Wooooooooooow

The BDI@1,080… Wooooooooooow
John Faraclas For those you have studied our predictions and projections all these years on the BDI (Baltic Dry Index), today’s fall of the Dry Market shouldn’t come as a surprise at all.- The Geopolitics are getting 100 centum more than messy and Greek Shipping still goes strong. John Faraclas’...
March 28th, 2018 | Associations, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Markets, People and Places, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Diana fixes caper “Aliki” on period t/c with SwissMarine

Diana fixes caper “Aliki” on period t/c with SwissMarine
ATHENS, GREECE, March 27, 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 SwissMarine Services...
March 27th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Statistics, Stock Markets | Read More

The BDI@1,126 amid worsening Geopolitics

The BDI@1,126 amid worsening Geopolitics
John Faraclas The BDI (Baltic Dry Index) gained four vital points earlier on today thanks to the Capes mini surge. Geopolitics have already rocked the boat. John Faraclas’ brief daily recap: The BDI gained four points but in general remains grounded. The Capers’ BCI was up 40 points at 1,197… Losses...
March 26th, 2018 | Chartering, Containers, Dry Bulkcarriers, Environment, Markets, Military, News, Oil Platforms and Rigs, Reports, Ship Demolitions, Shipping Indices, Statistics, Stock Markets | Read More

HFW Briefing – Discharge of cargo without original bills of lading and letters of indemnity (LOI)

HFW Briefing – Discharge of cargo without original bills of lading and letters of indemnity (LOI)
Rory Butler, Partner HFW  Discharge of cargo without original bills of lading and letters of indemnity (LOI): one of the biggest risks a shipowner or charterer can take LOIs are an essential document to help world trade run smoothly. They are given by cargo interests and parties above them in the contractual...
March 26th, 2018 | Chartering, Disputes, Legal | Read More

Diana fixes cape “New Orleans” on period t/c with SwissMarine

Diana fixes cape “New Orleans” on period t/c with SwissMarine
Diana Shipping Inc. Announces Time Charter Contract for m/v New Orleans with SwissMarine ATHENS, GREECE, March 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...
March 22nd, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Stock Markets, Trade and Commerce | Read More

Falling BDI raises concerns or is it a …”correction”?

Falling BDI raises concerns or is it a …”correction”?
John N. Faraclas The BDI (Baltic Dry Index) lost 14 points and now reads 1,1122 !!! Ultra caution as Geopolitics doesn’t help either. John Faraclas’ daily briefing: The Capers lost 59 points and the BCI stands at 1,112 points!!! The Panamaxes’ BPI lost six and now reads 1,615 points. On the antipode...
March 20th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

The BDI@1,136 still frozen amid exceptional geopolitical developments

The BDI@1,136 still frozen amid exceptional geopolitical developments
John Faraclas The BDI begun the week, thank Posidon, with single-digit losses. Geopolitics will definitely take a big twist and turn with chaotic with incalculable repercussions; John Faraclas’ daily briefing: With minus 7 points the BDI is below today’s temperature in London… Not a nice start...
March 19th, 2018 | Chartering, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Market dives further; there is hope though for the very very very few…

Market dives further; there is hope though for the very very very few…
John Faraclas – picture credits Panagiotis Tsakos Photography – The BDI was down ten points earlier on today at 1,169 posing dangers, but it is still good for the very very very few! Geopolitics going off hand and more trouble-spots and regions appear with any kind of problem you can imagine;...
March 14th, 2018 | Art and auctions, Chartering, Immigration, Markets, News, Paintings and Sculpture, Photography, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Falling BDI@1,192 as Capers dive again…

Falling BDI@1,192 as Capers dive again…
John Faraclas Both Dry and Wet markets look unsustainable no matter how optimists we stand and no matter what sort of projections many believe they have; the BDI (Baltic Dry Index) lost nine points and going under the 1,200 threshold posses dangers… CAUTION as the geopolitical situation – for which...
March 12th, 2018 | Chartering, Containers, Dry Bulkcarriers, Insight, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

Diana fixes m/v Calipso on period t/c with Glencore

Diana fixes m/v Calipso on period t/c with Glencore
Diana Shipping Inc. Announces Time Charter Contract for m/v Calipso with Glencore ATHENS, GREECE, March 9, 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...
March 9th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Statistics, Stock Markets | Read More

The BDI@1,197: trying hard as the wets fall further…

The BDI@1,197: trying hard as the wets fall further…
John N. Faraclas The BDI (Baltic Dry Index) managed to gain six points – thanks mainly to the Panamaxes. The geopolitics are getting off hand. John Faraclas brief recap: The Capes were down six points with the BCI reading 1,498; wonder when this volatility will end. The Panamaxes were up 37 points...
March 8th, 2018 | Chartering, Dry Bulkcarriers, Markets, Piracy and Terrorism, Reports | Read More

“Shipbroking and Chartering Practice”, 8th Edition

“Shipbroking and Chartering Practice”, 8th Edition
… Shipbroking and Chartering Practice 8th Edition By Evi Plomaritou, Anthony Papadopoulos © 2018 – Informa Law from Routledge 738 pages | 33 B/W Illus. Now in its eighth edition, this classic text is a first point of reference for anyone looking to obtain an understanding of chartering and shipbroking...
March 6th, 2018 | Charity, Chartering, Maritime Education and Training, Sales and Purchases | Read More

Struggling BDI@1,210 amid the coming geopolitical tsunami

Struggling BDI@1,210 amid the coming geopolitical tsunami
John Faraclas The BDI(Baltic Dry Index) managed to clinch thee points since last Friday the 2nd of March and now stands at 1,210. The Ides of March are here to stay, unless… The Geopolitical front is more than blue and expect tsunamis in many fronts; John Faraclas daily briefing: The Capers are grounded...
March 5th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

The “SONGA WINDS” – Latest Ruling on P&I Club Letters of Indemnity

The “SONGA WINDS” – Latest Ruling on P&I Club Letters of Indemnity
… The decision delivered today by the High Court in Songa Chemicals AS v Navig8 Chemical Pool Inc (2018) constitutes the latest ruling on P&I Club Letters of Indemnity (LOIs) for delivering cargo without the production of original bills of lading, and follows on the footsteps of a number...
March 2nd, 2018 | Chartering, Disputes, Legal, P and I Clubs | Read More

The BDI@1,196; same picture amid Russian bound Emma…

The BDI@1,196; same picture amid Russian bound Emma…
John Faraclas The BDI (Baltic Dry Index) gained four points thanks to the Supras and Handies …and a bit to the Capers…Geopolitics as always chaotic. We observe ultra-caution! John Faraclas brief market report: The Capers managed to clinch eight points and the BCI now reads 1,568 points… The...
March 1st, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More