Archive for the ‘Markets’ Category

Dynama: Consolidation in the offshore industry – what does it mean for workforce planning?

Dynama: Consolidation in the offshore industry – what does it mean for workforce planning?
Lee Clarke Consolidation in the offshore industry – what does it mean for workforce planning? According to Lee Clarke at Dynama, today’s mega mergers and alliances signal a tremendous business opportunity but what is the impact on workforce planning?  Here he takes us through the challenges and...
July 12th, 2018 | Energy, HR, Manning - Seafarers and Offshore, Mergers and Acquisitions | Read More

TOC Europe 2018 hits record attendance with focus on smart, collaborative future

TOC Europe 2018 hits record attendance with focus on smart, collaborative future
From the latest TOC London, 12 July 2018 – TOC Europe, the world’s leading exhibition and conference hub for global port and terminal operators, container supply chain professionals and technology providers, welcomed close to 4,000 industry executives at its 43rd edition in Rotterdam this June. The...
July 12th, 2018 | Automobiles, Canals, Containers, Events, Conferences,Forums and Symposiums, Exhibitions, Inland Waterways, Land Trasnport, Logistics, Port Conditions, Ports & Terminals, Rail, Trade and Commerce | Read More

Damen supporting European shipbuilding with NAVAIS coordination

Damen supporting European shipbuilding with NAVAIS coordination
Damen Road Ferry 8117 Artist Impression EC-funded programme to improve sustainability in shipbuilding and maintain Europe’s leading role in complex vessel construction Damen Shipyards Gorinchem, in close cooperation with Netherlands Maritime Technology (NMT), is to coordinate the NAVAIS programme....
July 12th, 2018 | Marine Equipment Products and Services, Ro-Ro and Passenger Ferries, Shipbuilding and Shipyards, Taxation, Technical | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, July 12, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, July 12, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global stocks and commodities rebounded in early trade on Thursday with markets trying to consolidate from y-day’s sell-off due to the escalation of the trade dispute between the US and China following the US Trade Representative’s...
July 12th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

New export director at LIQUI MOLY

New export director at LIQUI MOLY
Salvatore Coniglio Salvatore Coniglio wants to further internationalize the company July 2018 – German oil and additive specialist LIQUI MOLY has a new director for its increasingly important export business: Salvatore Coniglio (50). He was previously the deputy export director. “We will reinforce...
July 12th, 2018 | Automobiles, Company Profiles, Markets, Oil Industry, Person Profiles | Read More

Dry Market Volatility and Geopolitics Mayhem

Dry Market Volatility and Geopolitics Mayhem
John Faraclas The BDI (Dry Baltic Index) despite gaining 31 points since yesterday , looks volatile and vulnerable; geopolitics might redraw European and World order. John Faraclas’ midweek recap: The BDI now stands at 1,586 points thanks to the Panamaxes’ maintained low-level surge – 64 points...
July 11th, 2018 | Chartering, Dry Bulkcarriers, European Union, Markets, News, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, July 11, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, July 11, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Trade dispute between the US and China continues to escalate. In response to China’s retaliatory measures following the US imposition of an additional 25% duty on Chinese goods with an annual trade value of c. $34bn, effective from...
July 11th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

EEAC Kick Off Meeting

EEAC Kick Off Meeting
Wim Groenendijk, President at Gas Infrastructure Europe (GIE) presenting Poseidon Med II / External Expert Advisor Committee Meeting On June 22nd 2018 the External Expert Advisory Committee (EEAC) held its opening meeting at the Piraeus Marine Club. The event was marked by the attendance of top Professionals...
July 11th, 2018 | Bunkering, Conferences, Seminars, Forums, LNG | Read More

Market uncertainty drives down the BDI now at 1,555…

Market uncertainty drives down the BDI now at 1,555…
John Faraclas The BDI dropped further down earlier on today at 1,555 – minus 54 points amid a geopolitical mayhem! John Faraclas’ brief recap: The Capes’ BCI witnessed a three digit fall – 224 points and now stands at 2,792 points; CAUTION! If it wasn’t for the Panamaxes’ rise the BDI...
July 10th, 2018 | Chartering, Containers, Dry Bulkcarriers, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

MAN to Deliver Propulsion Solution for LNG-Fuelled ME-GI Containerships

MAN to Deliver Propulsion Solution for LNG-Fuelled ME-GI Containerships
Rendering of the new Pasha Hawaii containership (picture courtesy Pasha Hawaii) MAN Energy Solutions has won the order to provide the propulsion systems for 2 × 2,525-teu containership newbuildings, which will join the fleet of Pasha Hawaii, the U.S. Jones Act carrier in the Hawaii trade lane. Each...
July 10th, 2018 | Containers, Marine Equipment Products and Services, Markets, Shipbuilding and Shipyards, Technical, Technology | Read More

Diana fixes panamax bulker “Maera” on period

Diana fixes panamax bulker “Maera” on period
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER  CONTRACT FOR M/V MAERA WITH ST SHIPPING ATHENS, GREECE, July 10, 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...
July 10th, 2018 | Chartering, Dry Bulkcarriers, Markets, Statistics, Stock Markets | 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

Daily Overview of Global Markets & the SEE Region (Tuesday, July 10, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, July 10, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In protest against UK PM Theresa May’s soft Brexit plan on the future UK/EU relationship, Foreign Secretary Boris Johnson also resigned, just a few hours after David Davis quit as Brexit Secretary, raising the risk of an imminent...
July 10th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

North P&I Club And 24Vision Sign Partnership Agreement

North P&I Club And 24Vision Sign Partnership Agreement
Paul Jennings 10 July, 2018 – North P&I Club and 24Vision announced today that they have entered into a partnership agreement, with effect from 1 July 2018, to provide P&I insurance to charterers and small ship operators.   As part of 24Vision’s wider service proposition to their marine...
July 10th, 2018 | Mergers and Acquisitions, P and I Clubs | Read More

Turbulent Markets; Turbulent Geopolitics…

Turbulent Markets; Turbulent Geopolitics…
John Faraclas The BDI lost 13 points earlier on today and now stands at 1,609… The Geopolitics take a perplexed twist and turn and among other issues there has been major events in British Politics due to the ongoing BREXIT saga. A different wold since last Friday… John Faraclas’ brief recap: The...
July 9th, 2018 | Chartering, Dry Bulkcarriers, LNG, Markets, Military, News, Piracy and Terrorism, Politics and Government, Rowing, Shipping Indices, Sports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, July 09, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, July 09, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US non-farm payrolls rose by a higher than expected 213k in June but the unemployment rate rose for the first time in the last ten months at 4.0% from 3.8% in May and average hourly earnings were held steady at 2.7%YoY. In reaction...
July 9th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Capes unprecedented volatility might cause unprecedented mess…

Capes unprecedented volatility might cause unprecedented mess…
John Faraclas The BDI (Baltic Dry Index) ended up today with a contained rise, just ten points and  a 237 plus points since last Friday… Too good to be true, or what…? The geopolitics more than messy. John Faraclas’ daily and weekly recap: At 1,622 points the BDI holds – for the time being,...
July 6th, 2018 | Chartering, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Stock Markets, Tankers | Read More

Japan’s First LNG Bunkering Vessel to Start Operation in 2020

Japan’s First LNG Bunkering Vessel to Start Operation in 2020
Image of LBV (Provided by Kawasaki Heavy Industries, Ltd.) Central LNG Shipping Japan Corporation (Hereinafter: CLS), a joint venture established by Kawasaki Kisen Kaisha, Ltd., Chubu Electric Power Co., Inc., Toyota Tsusho Corporation, and Nippon Yusen Kabushiki Kaisha, announces that CLS has ordered...
July 6th, 2018 | LNG, Marine Equipment Products and Services, Shipbuilding and Shipyards | Read More

Daily Overview of Global Markets & the SEE Region (Friday, July 06, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, July 06, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US tariffs on more than 800 imported goods from China worth $34bn took effect earlier today, with China’s Ministry of Commerce reportedly saying that it is forced to retaliate with tariffs on $34bn imported US goods including autos...
July 6th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

What’s up with the Capes and its latest spike?

What’s up with the Capes and its latest spike?
John Faraclas The BDI  (Baltic Dry Index) gained another 45 points earlier on today and now reads 1,612 points – over and above the 1,600 point-threshold,  thanks to the unprecedented Capes skyrise! Geopolitics messy as ever. John Faraclas brief note before the main report: The Capes’ BCI for...
July 5th, 2018 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Tankers | Read More

ClassNK grants AIP to NYK Line and Japan Marine United for their joint project on an LNG-fuelled 200K DWT bulk carrier design

ClassNK grants AIP to NYK Line and Japan Marine United for their joint project on an LNG-fuelled 200K DWT bulk carrier design
Tokyo – Leading Classification Society ClassNK granted an Approval in Principle (AIP) based on its Rule Part GF which adopts IGF Code (regulation for ships using low-flashpoint fuels) to NYK Line and Japan Marine United (JMU) for their joint project on the concept design of an LNG-fueled 200K DWT...
July 5th, 2018 | Bunkering, Classification Societies, Emissions, Energy, Environment, LNG, Pollution | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, July 05, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, July 05, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: European government bond yields, mainly of core countries and at the short end of the curve, were higher in early European trade on Thursday after a report conveyed that some ECB Governing Council members were uneasy about investors...
July 5th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Volatile Capes rule the day, but…

Volatile Capes rule the day, but…
John Faraclas The BDI (Baltic Dry Index) went over and above the 1,500 point threshold… geopolitics and in particular the addition of Trade Wars will spill over badly! John Faraclas’ midweek recap: The BDI was up 91 points and at 1,567 creates another momentum, may I say a chilly one as nothing should...
July 4th, 2018 | Academia, Art and auctions, Chartering, Consumers Market, Dry Bulkcarriers, Education and Training, Fashion, Markets, News, Reports, Shipping Indices, Sports, Statistics, Stock Markets, WISTA - Women in Shipping | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, July 04, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, July 04, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The compromise on migration between Chancellor Angela Merkel’s CDU party and its Bavarian sister party CSU foreseeing the creation of transit centers at the German-Austrian border, allowed Horst Seehofer to stay as Interior Minister...
July 4th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Oslo Børs: Listing of Okeanis Eco Tankers Corp. at Merkur Market

Oslo Børs: Listing of Okeanis Eco Tankers Corp. at Merkur Market
Public listing of Okeanis Eco Tankers Corp. at Merkur Market Listing date: 04/07/2018 Ticker: OET-ME   Okeanis Eco Tankers was established in 2018 by the Alafouzos family, having a track record in shipping back to the 1960s, to take over its fleet of modern tanker vessels and tanker...
July 4th, 2018 | Company Profiles, Markets, News, Stock Markets, Tankers | Read More