Archive for the ‘Fixtures’ Category

Failure to check charterparty wording catches ship manager off guard

Failure to check charterparty wording catches ship manager off guard
Failure to check charterparty wording catches ship manager off guard International Transport Intermediaries Club (ITIC) has urged ship brokers and managers to check the terms of their charterparty agreements closely before signing, in order to avoid costly mistakes further down the line.  By way of...
May 7th, 2019 | Chartering, Fixtures, Insurance and Reinsurance, Marine Insurance, Markets, P and I Clubs, Piracy and Terrorism, Safety and Security | Read More

‘Chartering Manual’ makes a big splash

‘Chartering Manual’ makes a big splash
. ‘Chartering Manual’ makes a big splash By John Faraclas This specialist shipbroking book is now the fifth volume* residing on my bedside table! You all know how particular I become – and I am on many issues and in relation to the many books I read and then study – also for reviewing same...
May 5th, 2019 | Books, Chartering, Containers, Dry Bulkcarriers, Fixtures, Insight, Liner Shipping and Trade, Markets, Reefer Containers, Reefer ships, Sales and Purchases, Ship Demolitions, Ship Finance, Tankers, Trade and Commerce | Read More

Diana fixes panamax “Arethusa” on period with AUSCA

Diana fixes panamax “Arethusa” on period with AUSCA
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER  CONTRACT FOR M/V ARETHUSA WITH AUSCA  ATHENS, GREECE, May 2, 2019 – 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...
May 2nd, 2019 | Dry Bulkcarriers, Fixtures, Markets, News, Stock Markets | Read More

Midweek blues: The BDI@622 as Capes continue to disappoint…

Midweek blues: The BDI@622 as Capes continue to disappoint…
John Faraclas The BDI (Baltic Dry Index) lost 13 points earlier on today “THANKS” to the cursed Capes… Geopolitics continue to be more than messy. John Faraclas’ brief recap: The Capes lost 72 points and the BCI now stands at 578 – it lost the 600 points threshold and things might get sour…...
February 20th, 2019 | Banking, Chartering, Comment, Corruption, Dry Bulkcarriers, Fixtures, Insight, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

It’s not just the Capes stupid; it’s every single size falling…

It’s not just the Capes stupid; it’s every single size falling…
John Faraclas The BDI (Baltic Dry Index) lost 15 points and now stands at 1,267… Geopolitics become more perplexed. John Faraclas’ daily briefing: The Capes lost 24 points and the BCI now reads 1,963 points… “wonder” why the fall… The Panamaxes’ BPI also fell down to 1,365 – down 26 points… The...
January 3rd, 2019 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Reports, Shipping Indices, Stock Markets, Tenders, Trade and Commerce | Read More

Diana fixes Cape-size “G.P.Zafirakis” on period to SwissMarine

Diana fixes Cape-size “G.P.Zafirakis” on period to SwissMarine
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER  CONTRACT FOR M/V G. P. ZAFIRAKIS WITH SWISSMARINE  ATHENS, GREECE, December 28, 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...
December 28th, 2018 | Chartering, Dry Bulkcarriers, Fixtures, Stock Markets | Read More

The BDI@1,353: another mild fall amidst global uncertainty… UK PM Theresa May wins Confidence Vote!!!

The BDI@1,353: another mild fall amidst global uncertainty… UK PM Theresa May wins Confidence Vote!!!
John Faraclas. Picture credits George Christakis The BDI (Baltic Dry Index) 11 points losses were considerably marginal given that yesterday the losses were almost double – 21 points down. Geopolitical uncertainties with the BREXIT taking more twists and turns. John Faraclas’ brief recap: The Capes’...
December 12th, 2018 | Breaking News, Chartering, Dry Bulkcarriers, European Union, Fixtures, Markets, Politics and Government, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

The BDI@1,281: think the unthinkable

The BDI@1,281: think the unthinkable
John Faraclas The BDI (Baltic Dry Index) lost 49 points earlier on today “thanks” to the Capes, the culprits of the Dry Market. Geopolitics couldn’t be more perplexed; John Faraclas’ daily recap: Another triple-digit loss for the Capes with the BCI down at 1,950 points – down 171 point losing...
November 29th, 2018 | Anniversaries, Associations, Charity, Chartering, Communication, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Exhibitions, Fixtures, Markets, Military, News, RINA (Royal Institution of Naval Architects, Salvage, Towage, Wreck Removals, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Diana fixes post-panamax bulker “Alcmene” on period to BG Shipping

Diana fixes post-panamax bulker “Alcmene” on period to BG Shipping
ATHENS, GREECE, November 21, 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 BG Shipping Co.,...
November 21st, 2018 | Chartering, Dry Bulkcarriers, Fixtures, Markets, Statistics, Stock Markets | Read More

Diana fixes on period capesize m/v Sideris GS with Berge Bulk

Diana fixes on period capesize m/v Sideris GS with Berge Bulk
ATHENS, GREECE, November 19, 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 Berge Bulk Shipping...
November 19th, 2018 | Chartering, Dry Bulkcarriers, Fixtures, Markets, Statistics, Stock Markets | Read More

The BDI@1,031: between Scylla and Charybdis…

The BDI@1,031: between Scylla and Charybdis…
John Faraclas The BDI (Baltic Dry Index) clinched another 11 points (same as  yesterday…) but remains down once again on a weekly basis. Geopolitics: between the devil and the deep blue sea… John Faraclas’ daily and weekly recap: The weekly loss of the BDI was 116 points – down from 1,147 recorded...
November 16th, 2018 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Reports, Sanctions, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

Capes’ odd rise distorts the Markets

Capes’ odd rise distorts the Markets
  John Faraclas The BDI (Baltic Dry Index) gained 11 points and now reads 1,020 thanks to the odd Capes’ rise. Geopolitics are getting sour with BREXIT becoming a far more than a perplexed play – Tragedy? Comedy? With a bit of Byzantine ..flavour, Italy creating further issues in the EU –...
November 15th, 2018 | Art and auctions, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Energy, Environment, Events, Fixtures, Markets, Military, People and Places, Photography, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

Diana fixes panamax bulker “Thetis” on period to Hudson

Diana fixes panamax bulker “Thetis” on period to Hudson
ATHENS, GREECE, November 15, 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 Hudson Shipping Lines...
November 15th, 2018 | Chartering, Dry Bulkcarriers, Fixtures, Markets, Statistics, Stock Markets | Read More

The BDI@1,064: …the plot thickens…

The BDI@1,064: …the plot thickens…
John Faraclas The BDI (Baltic Dry Index) lost 61 points earlier on today sending alarms around as the Capes … “returned” to triple digit losses. Geopolitics still critical and everything in the Mighty Continent “shifts” to BREXIT and the Italian Budget… whilst all other crucial issues remain...
November 13th, 2018 | Chartering, Comment, Dry Bulkcarriers, Fixtures, Insight, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

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

Diana fixes on period t/c m/v Maia with Glencore
ATHENS, GREECE, November 13, 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 Glencore Agriculture...
November 13th, 2018 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Stock Markets | Read More

Diana announces T/C period fixture for m/v Semirio with Pacific Bulk

Diana announces T/C period fixture for m/v Semirio with Pacific Bulk
ATHENS, GREECE, August 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 Pacific Bulk Cape Company...
August 22nd, 2018 | Chartering, Company Profiles, Dry Bulkcarriers, Fixtures, Markets, News, Stock Markets | Read More

LCC: “Subject to review” clauses – Is there an intention to be immediately bound?

LCC: “Subject to review” clauses – Is there an intention to be immediately bound?
“Subject to review” clauses are frequently used in fixture proposals to indicate that the parties have not yet agreed to an enforceable contract. However, the recent case of Toptip vs Mercuria in Singapore demonstrates such language may not be sufficient to avoid the contract coming into...
August 8th, 2018 | Chartering, Fixtures, Legal, P and I Clubs | Read More

Peak season promises better box freight rates but limited charter market upside

Peak season promises better box freight rates but limited charter market upside
MSI has redesigned its Container Shipping Forecaster, increasing the focus on freight and charter markets and enhancing data on mainlane deployment and bunker charges London, 08 August, 2018. After a pattern of divergence at the start of the year, July saw a modest realignment between charter and freight...
August 8th, 2018 | Chartering, Containers, Dry Bulkcarriers, Fixtures, Markets, Reports, Statistics | Read More

A perplexed BDI@1,689 and turbulent Geopolitics…

A perplexed BDI@1,689 and turbulent Geopolitics…
John Faraclas The BDI (Baltic Dry Index) ended up “strangely” enough at 1,689 – 32 points plus since yesterday lifting the hopes… Geopolitics are becoming so crucial, enigmatic and indeed perplexed prompting us to warn you to be on guard 24/7 as things might turn sour. John Faraclas’ daily...
July 20th, 2018 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Diana Containerships extends “Domingo’s” period t/c CMA CGM

Diana Containerships extends “Domingo’s” period t/c  CMA CGM
.. DIANA CONTAINERSHIPS INC. ANNOUNCES DIRECT CONTINUATION OF TIME CHARTER CONTRACT FOR M/V DOMINGO WITH CMA CGM ATHENS, GREECE, July 10, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced...
July 10th, 2018 | Chartering, Container shipping, Containers, Fixtures, Markets | 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, July 2, 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...
July 2nd, 2018 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Stock Markets | Read More

Diana Containerships fixes “Pucon” with OOCL on period

Diana Containerships fixes “Pucon” with OOCL on period
.. DIANA CONTAINERSHIPS INC. ANNOUNCES DIRECT CONTINUATION OF TIME CHARTER CONTRACT FOR M/V PUCON WITH OOCL  ATHENS, GREECE, May 25, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that,...
May 25th, 2018 | Chartering, Containers, Fixtures, Markets, Stock Markets | 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

Diana fixes post-panamax bulker Phaidra on period with Uniper

Diana fixes post-panamax bulker Phaidra on period with Uniper
ATHENS, GREECE, January 16, 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 Uniper Global...
January 16th, 2018 | Dry Bulkcarriers, Fixtures, Markets, Stock Markets | Read More

CAUTION for the BDI@1,279

CAUTION for the BDI@1,279
John N. Faraclas The BDI (Baltic Dry Index) continued its twists and turns and let’s see how the hoi polloi respond as well as how the capable ones react to this downfall… Geopolitical turmoil at its… best. John Faraclas’ daily and weekly brief recap: With a loss of 24 points today and 92 since...
January 12th, 2018 | Dry Bulkcarriers, Events, Exhibitions, Fixtures, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More