Archive for the ‘Oil Industry’ Category

Contained losses with the BDI@912; be alerted on Geopolitics and Terrorism…

Contained losses with the BDI@912; be alerted on Geopolitics and Terrorism…
John Faraclas The BDI (Baltic Dry index) lost six points given that there was a contained loss for both the Capers and Panamaxes; geopolitics are worsening and Terrorism of ANY kind must be curbed. John Faraclas’ daily and weekly report: The BDI was also down  44 points since last week’s closing...
May 26th, 2017 | Bribery and Corruption, Chartering, Climate, Container shipping, Dry Bulkcarriers, Emissions, Environment, European Union, Events, Health and Safety, Liner Shipping and Trade, Marine Insurance, Maritime Tourism, Markets, Military, News, Oceanology, Oil Industry, People and Places, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, UN | Read More

Capt. Antonio M. Padrón visits the new port of Granadilla

Capt. Antonio M. Padrón visits the new port of Granadilla
An aerial view of Puerto de Granadilla Capt. Antonio M. Padrón, “IMO Maritime Ambassador” and Maritime Authority of Tenerife visited the works of the new port of GRANADILLA, in Tenerife The visit was also attended by representatives of the Port Authority of Tenerife, the Maritime Authority...
May 23rd, 2017 | Associations, Oil Industry, Oil Platforms and Rigs, Ports & Terminals | Read More

General cargo leads Marseille Fos Q1 results

General cargo leads Marseille Fos Q1 results
Marseilles passenger terminal – picture credits Anny Zade First-quarter cargo throughput at leading French port Marseille Fos was marked by strong growth in general cargo – container, ro-ro and conventional traffic – which totalled 4.98 million tonnes for an 11% increase on January-March last...
May 12th, 2017 | Automobiles, Automobiles, Car trade, Coastal Shipping, Container shipping, Cruise Ferry, Cruise Industry, Dry Bulkcarriers, Gas, Liner Shipping and Trade, LNG, LPG, Maritime Tourism, Markets, Oil Industry, Ports & Terminals, Reefer Containers, Reports, Statistics, Tankers | Read More

VesselsValue launches OSV discounted Cash Flow Valuations

VesselsValue launches OSV discounted Cash Flow Valuations
… Global OSV fleet has a Discounted Cash Flow value 2.5 times higher than its Market Value VesselsValue (VV), the world’s leading online valuation provider, is launching daily Discounted Cash Flow (DCF) valuations for Offshore Support Vessels (OSVs). This new valuation type looks to increase VesselsValue’s...
May 8th, 2017 | Energy, Oil Industry, Oil Platforms and Rigs, Sales and Purchases | Read More

Capt. Antonio M. Padrón participates in the 1st Iberoamerican Offshore Congress

Capt. Antonio M. Padrón participates in the 1st Iberoamerican Offshore Congress
Capt. Antonio M. Padrón delivering his paper Capt. Antonio M. Padrón, IMO Maritime Ambassador and Maritime Authority of Tenerife, participated in the “1st Iberoamerican Offshore Congress” held in Venezuela The Congress was organized by the CONSORCIO COSTA AFUERA, under the slogan “Towards...
May 6th, 2017 | Academia, Energy, Events, Conferences,Forums and Symposiums, Gas, HR, Maritime Education and Training, Oil Industry, Oil Platforms and Rigs, Shiprepair | Read More

Golden Week’s BDI@994 is a reality…

Golden Week’s BDI@994 is a reality…
John Faraclas The BDI went under the 1,000 point threshold thanks to the Golden Week in the FarEast… The geopolitical events have deepened causing more concern. John Faraclas’ daily and weekly recap: The BDI lost ten points since yesterday and now stands at 994; it lost 115 points since last week’s...
May 5th, 2017 | Banking, Dry Bulkcarriers, Energy, Fixtures, Markets, Military, News, Oil Industry, Reports, Sales and Purchases, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,004: has the market …lost the plot?

The BDI@1,004: has the market …lost the plot?
John Faraclas The fall of all indices continued today with …no exemption; unless something spectacular happens, tomorrow we are going to see the BDI  (Baltic Dry Index) below the 1,000 mark. Geopolitics all over are in a mess. John Faraclas’ daily recap: With minus 30 points since yesterday  the...
May 4th, 2017 | Chartering, Containers, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Piracy and Terrorism, Reports, Sales and Purchases, Ship Demolitions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Oiltanking Grindrod Calulo and Transnet sign Ngqura BOOT agreement

Oiltanking Grindrod Calulo and Transnet sign Ngqura BOOT agreement
An artists impression of the storage facility Durban, South Africa, May 4, 2017 — Transnet National Ports Authority (TNPA) appointed Oiltanking Grindrod Calulo Holdings to plan, fund, construct, maintain and operate a new liquid bulk handling facility at the Port of Ngqura. This Build, Operate and...
May 4th, 2017 | Construction, Oil Industry, Ports & Terminals | Read More

China’s largest semi-submersible sets new records for COSCO

China’s largest semi-submersible sets new records for COSCO
The world’s second-largest semi-submersible vessel Xin Guang Hua, On February 25, the 100,000 dwt semi-submersible vessel Xin Guang Hua easily took the 31,000 ton load of the cylindrical Western Isles FPSO at Shanghai Luhuashan South Anchorage and began her journey via the Indian Ocean to the North...
April 28th, 2017 | Energy, Oil Industry | Read More

The BDI@1,195: what next…

The BDI@1,195: what next…
John Faraclas Time and again we have warned that the markets – both dry and wets, are more than volatile and uncertain and numerous times we have expressed concerns, due to the volatility and uncertainty, on the issue of valuations. How can we get it right and avoid this time the second biggest coming...
April 21st, 2017 | Chartering, Containers, Dry Bulkcarriers, Markets, Mergers and Acquisitions, Military, News, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Demand for Arabian Gulf crude exports down 14% in Q1 2017

Demand for Arabian Gulf crude exports down 14% in Q1 2017
Demand for Arabian Gulf crude exports down 14% in Q1 2017 By William Benentt, Senior Analyst In Q1 2017, over 2.5 trillion ton miles were completed by the global VLCC and Suezmax fleet. This was down 4.6% from the previous quarter with a reduction in VLCC work done being the major contributor at -5.42%.   Over...
April 19th, 2017 | Markets, Oil Industry, Reports | Read More

5 days to go – IMCA takes action as countdown to deadline for submission on the Jones Act changes draws close

5 days to go – IMCA takes action as countdown to deadline for submission on the Jones Act changes draws close
Myth: Improved U.S. Jobs Market The International Marine Contractors Association (IMCA) is selecting a key fact a day on the countdown to the April 18, 2017 U.S. Customs and Border Protection (CBP) comment submission deadline, to highlight the potential risks if CBP revokes 40 years of precedent as reflected...
April 13th, 2017 | Associations, Events, Conferences,Forums and Symposiums, Gas, Jobs, Oil Industry | Read More

IMCA takes action as countdown to deadline for submission on the Jones Act changes draws close – 6 days to go –

Myth: Economic Investment The International Marine Contractors Association (IMCA) is selecting a key fact a day on the countdown to the April 18, 2017 U.S. Customs and Border Protection (CBP) comment submission deadline, to highlight the potential risks if CBP revokes 40 years of precedent as reflected...
April 12th, 2017 | Gas, Markets, Oil Industry | Read More

FUGRO boosts specialist oil and gas services in Guyana

FUGRO boosts specialist oil and gas services in Guyana
Charles Ceres from Ground Structures Engineering Consultants Ltd.(left) with Brian Hottman from Fugro Fugro is to boost its marine site characterisation services for the oil and gas industry in the Republic of Guyana with a new strategic alliance with Ground Structures Engineering Consultants Ltd. The...
March 29th, 2017 | Gas, Oil Industry | Read More

ODEBRECHT OIL & GAS accompanied by managers of ALFASHIP, its Agents in Tenerife visit Capt. Antonio M. Padrón

ODEBRECHT OIL & GAS accompanied by managers of ALFASHIP, its Agents in Tenerife visit Capt. Antonio M. Padrón
Capt. Antonio M. Padrón y Santiago, “IMO Maritime Ambassador” and Maritime Authority of Tenerife, received the visit of representatives of ODEBRECHT OIL & GAS accompanied by managers of ALFASHIP, its Agents in Tenerife Capt. Antonio M. Padrón (third from the right) with representatives...
March 26th, 2017 | Associations, Gas, Oil Industry, Oil Platforms and Rigs, Shiprepair | Read More

FUGRO hunts for more hydrocarbon seeps in US Gulf of Mexico

FUGRO hunts for more hydrocarbon seeps in US Gulf of Mexico
… In collaboration with multi-client geoscience data company, TGS, Fugro continues to map the seafloor in the Gulf of Mexico to pull together a complete picture of geological features, including hydrocarbon seeps. This latest survey, “Otos”, follows the successful completion of another TGS...
March 17th, 2017 | Energy, Gas, Markets, Oceanology, Oil Industry, Underwater Shipping | Read More

Messy and uncertain Markets; Bubble geopolitics…

Messy and uncertain Markets; Bubble geopolitics…
John Faraclas The BDI (Baltic Dry Index) was up 12 points thanks to the Panamaxes for a …change; the geopolitical bubble sooner or latter will burst. John Faraclas midweek recap: The Capers dropped below the 1,000-point threshold and the BCI 2014 now stands at 994 given the minus 27 points… The Panamaxes,...
March 1st, 2017 | Associations, Chartering, Containers, Dry Bulkcarriers, Intertanko, LNG, Markets, Military, News, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Who isn’t afraid of volatility; fighting the geopolitical jargon

Who isn’t afraid of volatility; fighting the geopolitical jargon
John Faraclas The BDI (Baltic Dry Index) as we have warned run out of steam… Volatility is more than dangerous and is here to stay… In the Geopolitical front the fight begins for carving yet another new world and “order”.  Not just new World Order… John Faraclas’ daily briefing: With the...
February 28th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Religion, Reports, Safety and Security, Statistics, Stock Markets, Tankers | Read More

Saab Seaeye investing in engineers

Saab Seaeye investing in engineers
Engineers at Saab Seaeye continue to create pioneering electric robotic systems for a widevariety of tasks across many different market sectors. Here, the company’s smallest vehicle is seen undertaking scientific research into the ocean’s ecosystems at depths of 1000m. Larger systems can operate...
February 24th, 2017 | Alternative Sources of Energy, Energy, Gas, Marine Equipment Products and Services, Markets, Oceanology, Oil Industry | Read More

InterDam – Leading the Field in Fire and Blast Resistant Panels for Offshore

InterDam – Leading the Field in Fire and Blast Resistant Panels for Offshore
Fire and blast testing at 0.25 bar over-pressure InterDam, supplier of fire and blast doors, walls and windows to the offshore Oil & Gas and Renewable sectors, is in the final stages of testing a new pre-fabricated fire and blast resistant panel. Called the Generation V, this new product comes...
January 23rd, 2017 | Alternative Sources of Energy, Energy, Gas, Marine Equipment Products and Services, Oil Industry | Read More

1 year HAEE: 2016 review

1 year HAEE: 2016 review
Professor Dr. Kostas Andriosopoulos Since its inception in March 2015, the Hellenic Association for Energy Economics (www.HAEE.gr) acts as an interdisciplinary forum / think tank that promotes the exchange of ideas, research results and experiences among academics, professionals, business executives...
December 30th, 2016 | Associations, Energy, Gas, LNG, LPG, Markets, Oil Industry, Oil Platforms and Rigs, Reports, Tankers | Read More

The Markets and Geopolitics: not a pretty picture…

The Markets and Geopolitics: not a pretty picture…
John Faraclas A dropping BDI (Baltic Dry Index) and uncertainty on geopolitics create the worse ever picture since the end of the Vietnam War; John Faraclas weekly recap: The BDI lost 20 points since yesterday standing at 1,181 and 76 since last week’s 1,257 points sending shivering and multiple messages...
November 25th, 2016 | Dry Bulkcarriers, European Union, Markets, Military, News, Oil Industry, Politics and Government, Reports, Sales and Purchases, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

CAUTION: Markets drop further; geopolitics in jeopardy…

CAUTION: Markets drop further; geopolitics in jeopardy…
John Faraclas The BDI (Baltic Dry Index) lost another 11 points since last Friday the 21st of October and now stands at 831 points “thanks” to the Capers; Geopolitical uncertainty and the Middle East’s further escalation must be viewed with extreme caution. John Faraclas’ daily briefing: So...
October 24th, 2016 | Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Piracy and Terrorism, Shipfinance, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Decline in oil: a contagion through Latin America’s related sectors

Decline in oil: a contagion through Latin America’s related sectors
Latin America’s beleaguered oil and gas industry continues to bear the brunt of the fallout from the dramatic collapse in oil prices during the past two years. Based on an AlixPartners analysis, other sectors such as materials and industrials, have been negatively affected as well. To return to health,...
October 24th, 2016 | Energy, Markets, Oil Industry | Read More

Dry Market get the blues, Wets …still “sustainable” and Geopolitics trigger wars.-

Dry Market get the blues, Wets …still “sustainable” and Geopolitics trigger wars.-
John Faraclas The BDI (Baltic Dry Index) lost fifty points since last Friday the 14 of October and now stands at 842 thanks to the Panamaxes who …saved the day. On the Geopolitics coming to head. John Faraclas weekly recap: So the BDI continued its losses; it was earlier on seven points down since...
October 21st, 2016 | Chartering, Containers, Dry Bulkcarriers, Environment, Markets, Military, News, Oil Industry, Politics and Government, Shipfinance, Shipping Indices, Statistics, Trade and Commerce | Read More