Archive for the ‘Markets’ Category

Rickmers-Linie to add yet another heavylift multipurpose vessel to its fleet

Rickmers-Linie to add yet another heavylift multipurpose vessel to its fleet
The “Rickmers Chennai” Rickmers-Linie has taken the decision to charter in to its fleet the 19, 100dwt Pacific Winter, which is a sister ship of Baltic Winter, originally chartered in by Rickmers in December 2011. Rickmers will also extend the existing charter on Baltic Winter. With her 800...
April 8th, 2013 | Chartering, Liner Shipping and Trade, News | Read More

U-FREIGHT handles ultra-long load

U-Freight Group (UFL) brand, Dalian China Express  International  Transportation has handled the shipment of very long cargo  through  Dalian Zhoushuizi International Airport (DLC) that required airport  authorities to temporarily remove a length of handrails to allow the  safe handling of a very...
April 8th, 2013 | Aviation, Trade and Commerce | Read More

Serodus to be listed on Oslo Axess Tuesday 9 April

Serodus ASA will be listed on Oslo Axess Tuesday 9 April 2013. This is the third new listing on Oslo Børs’ market places in 2013. Representatives from the company will ring the bell at 09:00 AM and will then give a short presentation of the company. The presentation starts at 09:10 AM at Oslo Børs...
April 8th, 2013 | Stock Markets | Read More

Global Marine Trends 2030 – three scenarios shaping the future of the world’s maritime industries

Global Marine Trends 2030 – three scenarios shaping the future of the world’s maritime industries
Report issued today at events in Singapore and London indicates strong growth for the maritime sector in the years up to 2030 and an even bigger role for China in the maritime world, as seaborne trade increases from 9 billion tonnes annually to between 19-24 billion tonnes. Lloyd’s Register, Qinetiq...
April 8th, 2013 | Classification Societies, Markets, News | Read More

Wärtsilä to design and power four new offshore support vessels for Malaysian owner

Wärtsilä to design and power four new offshore support vessels for Malaysian owner
Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded a major contract to design a series of four multi-purpose platform support vessels (MPSVs) for Armada Offshore MPSV Limited, a wholly-owned subsidiary of Bumi Armada Berhad, a Malaysian-based international...
April 8th, 2013 | Marine Equipment Products and Services, News, Oil Industry, Shipbuilding and Shipyards, Technical | Read More

Liquefy Natural Gas (LNG) Super-Tanker

The LNG “SOKOTO” Richard Hammond (*) reveals the ingenious engineering required to transport one of the most potentially hazardous cargoes in the world in some of the biggest vessels afloat. The huge ships, bigger than the Titanic, carry enough fuel to heat a city the size of London for a...
April 5th, 2013 | LNG, Technology | Read More

Evergreen to reshuffle its East Med feeder network

In order to provide better service in the Eastern Mediterranean area, Evergreen Line will adjust its Greece – Turkey Service (GTS), by adding the Turkish port of Gebze, and launch a new service called GCY. The existing Greece-Turkey-Malta (GTM) service will be adapted to become the Greece –...
April 5th, 2013 | Liner Shipping and Trade | Read More

AfrikDelta Marine Ltd

AfrikDelta Marine Ltd
ADML Chairman Anwar Jarmakani (right) with Andrew Yakubu, Group Managing Director, Nigerian National Petroleum Corporation, at Nigeria Oil & Gas 2013. For 10 successful years, the Jagal Group has been in partnership with Lamnalco Limited in Nigeria.  This partnership was designed to meet the industry’s...
April 5th, 2013 | Conferences, Seminars, Forums, Exhibitions, Markets, News | Read More

Diana’s “Melia” fixed with Rio Tinto

Diana’s “Melia” fixed with Rio Tinto
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACT FOR M/V MELIA WITH RIO TINTO ATHENS, GREECE, April 5, 2013 – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it has entered into a time charter contract...
April 5th, 2013 | Chartering, Fixtures, Markets, News, Stock Markets | Read More

Leadership the name of the game!

Leadership the name of the game!
The following are the main points – in brief – from the latest John Faraclas live interview from the Camelot Castle Hotel in Tintagel, Cornwall, to Panos Thomakos on SBC TV last Friday the 29th of March 2013: Faraclas started with a cultural and touristic note supporting also the Anglo-Saxon’s...
April 2nd, 2013 | Banking, Bribery and Corruption, European Union, Finance, Holidays, Jobs, Markets, News, Politics and Government, Shipfinance, Taxation | Read More

Wilhelmsen grows safety services in Australia

(l-r) Bijoy Babu Ships Agency Operator, Geoff Brown General Manager Northern Territory & S Australia, Kaarlo Perala Ships Agency Operator, Abdur Razzaque Liferaft Specialist, Wesley De Kruijf Ships Agency Operator. Wilhelmsen Ships Service (WSS) has expanded and upgraded its premises and service...
April 2nd, 2013 | Logistics, Marine Equipment Products and Services, Oil Industry, Ship Agencies | Read More

Evergreen Extends Service Network in the Indian Ocean

Evergreen Line is teaming up with United Africa Feeder Line (UAFL) to extend its service network in the Indian Ocean.  The new ISC–Mauritius–Mozambique–Africa (IMMA) Service linking the Indian sub-continent, Indian Ocean Islands and Mozambique will be launched in late April. Employing three 2,...
April 2nd, 2013 | Liner Shipping and Trade, Marine Equipment Products and Services, Ship Agencies | Read More

Message from President on MOL Founding Anniversary

Message from President on MOL Founding Anniversary
Koichi Muto On  the occasion of Mitsui O.S.K. Lines (MOL) 129th anniversary, we are  pleased to bring you a message from our President, Koichi  Muto. “Signaling a Strong Recovery by Ensuring a Return to  Profitability” Today, I am pleased to join all of my MOL Group colleagues in  celebrating...
April 2nd, 2013 | Anniversaries, Events, Liner Shipping and Trade, News | Read More

BOURBON chooses PC Maritime ECDIS

BOURBON chooses PC Maritime ECDIS
The MPSV Bourbon Evolution 802 PC Maritime’s Navmaster ECDIS has been ordered for BOURBON’s latest generation IMR (Inspection, Maintenance & Repair) vessels being built in Zheijiang shipyard, China. Four dual Navmaster ECDIS have been supplied, with a further five Bourbon Evolution 800 to be...
April 2nd, 2013 | Marine Equipment Products and Services, News, Oil Industry, Shipbuilding and Shipyards | Read More

U-FREIGHT on the moove in Xiamen

The U-Freight Group – (www.ufreight.com) – the Hong Kong-headquartered international freight services and logistics group – has  enhanced its coverage of China’s coastal manufacturing regions with the  opening of a  new airport office in Xiamen, Fujian province, one of the country’s...
April 2nd, 2013 | Logistics, Markets | Read More

BIFA says “leave the rules of general average alone”

BIFA says “leave the rules of general average alone”
Peter Quantrill In response to a review of the rules of General Average, which is being undertaken by Comite Maritime International (CMI), the trade association for UK freight forwarders says that it sees little need for change. The British International Freight Association (BIFA) – www.bifa.org...
April 2nd, 2013 | Marine Insurance, Markets, News | Read More

CAPITAL LINK’S 7th Annual “Invest in Shipping Forum” a resounding success; achieves record attendance of 975+ delegates

CAPITAL LINK’S 7th Annual “Invest in Shipping Forum” a resounding success; achieves record attendance of 975+ delegates
Nicholas Bornozis NEW YORK, NY, March 28, 2013*— Capital Link held its 7th Annual Invest in International Shipping Forum in New York City Thursday, March 21, 2013, and with record attendance, the Forum was a resounding success. The Forum, organized in cooperation with NYSE Euronext and ASDAQ OMX, attracted...
March 31st, 2013 | Conferences, Seminars, Forums, Markets | Read More

London P&I Club issues warning on bagged rice cargoes

THE London P&I Club has advised shipowners to seek advice before loading bagged rice cargoes in view of the inherent risks associated with the trade and an increase in the severity of claims in recent years. In the latest issue of its StopLoss Bulletin, the club notes that poor freight markets have...
March 28th, 2013 | Chartering, Disputes, P and I Clubs, Trade and Commerce | Read More

Show me the money. Hidden cash bailouts.

Show me the money. Hidden cash bailouts.
Andreas Koutras Show me the money. Hidden cash bailouts, by Dr. Andreas Koutras The Euro debt crisis took another nasty turn in Cyprus. It is worrisome that Cyprus would be the first Eurozone country to impose capital controls, which is supposed to be against the fundamental tenets of the EU. Cyprus...
March 28th, 2013 | Banking, Breaking News, European Union, Finance, Markets, Politics and Government | Read More

Massive illegal outflows of oil are hitting Nigeria as abject poverty wracks the masses – how far can shipping and oil companies address the crisis through corporate social responsibility, asks London meeting of Afrimari network

Massive illegal outflows of oil are hitting Nigeria as abject poverty wracks the masses – how far can shipping and oil companies address the  crisis through corporate social responsibility, asks London meeting of Afrimari network
Captain Eddie Agbakoba, Joseph Croft and Jonathan Bearman Massive illegal outflows of oil are hitting Nigeria as abject poverty wracks the masses – how far can shipping and oil companies address the  crisis through corporate social responsibility, asks London meeting of Afrimari network, By James...
March 27th, 2013 | Associations, Bribery and Corruption, Climate, Conferences, Seminars, Forums, Corporate Social Responsibility, Defense, Energy, Environment, Finance, Health and Safety, IMO, Inland Waterways, Jobs, Military, Oil Industry, Oil Platforms and Rigs, Oil Spill, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Safety and Security, Sanctions, Trade and Commerce, UN | Read More

SAMSA in talks to acquire tall ships

SAMSA in talks to acquire tall ships
From Russia With Love: Russians cultural dancers show off a display of their Eastern European Culture on board the Pallada which was hosted by SAMSA DURBAN, South Africa – South Africa’s maritime industry has entered an exciting phase with today’s announcement that the government was in the market...
March 27th, 2013 | Academia, Associations, Events, Maritime Education and Training, Politics and Government, Sales and Purchases | Read More

Europe must make or break; enough is enough!

Europe must make or break; enough is enough!
Europe must make or break; enough is enough!   John N. Faraclas The following are the main points – in brief – from the latest John Faraclas live interview to Panos Thomakos on SBC TV last Friday the 22nd  of March 2013:   1)Faraclas begun with the coming event of  Greece’s Independence...
March 27th, 2013 | Anniversaries, European Union, Flags, Markets, Military, News, Politics and Government, Ports & Terminals, Ship Conversions, Shipbuilding and Shipyards, Shipping Centers | Read More

Chiarello to Keynote 2013 SHIPPINGInsight Fleet Optimization Conference

Anthony Chiarello NORFOLK, Va. – Mar. 26, 2013 – (Marine NewsWire) Anthony Chiarello, president and CEO of TOTE, Inc., will be the keynote speaker at the SHIPPINGInsight 2013 Fleet Optimization Conference, Oct. 22-24 in Stamford, Conn. “It is a privilege to have Mr. Chiarello at this year’s conference,...
March 26th, 2013 | LNG | Read More

Shipping confidence reaches highest level for two years

Shipping confidence reaches highest level for two years
Richard Greiner Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. There was improved expectation...
March 26th, 2013 | Markets, News, Special Surveys | Read More

NGOs Support EU Parliament Environment Committee Call for Ship Recycling Fund and Off-the-beach Stance

NGOs Support EU Parliament Environment Committee Call for Ship Recycling Fund and Off-the-beach Stance
Vote ship recycling ENVI Committee Brussels 26 March 2013 –  NGOs Support EU Parliament Environment Committee Call for Ship Recycling Fund and Off-the-beach Stance But denounce illegal removal of ships from Basel regime  Brussels, 26 March 2013 – Today NGOs have applauded a breakthrough vote...
March 26th, 2013 | Corporate Social Responsibility, Environment, Health and Safety, News, Ship Demolitions | Read More