Archive for the ‘Markets’ Category

Box traffic at Container Terminal St.Petersburg in 2018 rose 12%

Box traffic at Container Terminal St.Petersburg in 2018 rose 12%
.. CONTAINER THROUGHPUT OF CTSP IN 2018 GREW BY 12%  In 2018, Container Terminal Saint-Petersburg CJSC (CTSP, member of UCL Holding) handled 722,000 TEUs, 12% more than in 2017. In the reporting period, exports totaled 373,600 TEUs, a 5-percent gain on 2017 figures. Imports grew by 21% y-o-y to 348,500...
February 11th, 2019 | Containers, Ports & Terminals, Reports, Trade and Commerce | Read More

Grimaldi Orders MAN B&W Two-Stroke Propulsion Engines/Turbocharger Package as Part of New Hybrid Generation

Grimaldi Orders MAN B&W Two-Stroke Propulsion Engines/Turbocharger Package as Part of New Hybrid Generation
Copenhagen, 2019-02-11 − MAN Energy Solutions has won the order to supply 18 × MAN B&W 9S50ME-C9.6 TIER II-compliant main engines for 9 × 7,800 lane-metre RoRo vessels intended for operation in the Mediterranean Sea. The customer is the Grimaldi Group, the Naples, Italy-based shipping company...
February 11th, 2019 | Emissions, Marine Equipment Products and Services, Ro-Ro and Passenger Ferries, Shipbuilding and Shipyards, Technology | Read More

New integrated service sets a higher standard behind the quality of Chiquita bananas

New integrated service sets a higher standard behind  the quality of Chiquita bananas
… London, England – February 11th, 2019 – Chiquita Brands International, the world’s leading banana company, has implemented a new, dedicated and integrated container service that sets an even higher standard to safeguard the premium quality of Chiquita bananas across the world.   The...
February 11th, 2019 | Containers, Food and Drink, Reefer ships | Read More

BDO / Moore Stephens merger strengthens shipping presence

BDO / Moore Stephens merger strengthens shipping presence
Michael Simms The merger between leading accountants and advisers BDO LLP and Moore Stephens LLP in London was completed earlier this month. Clients of the merged firm, BDO, will have access to offices in over 160 countries with a presence in every major shipping location in the world. Michael Simms,...
February 11th, 2019 | Accountancy, Company Profiles, Mergers and Acquisitions, Person Profiles | Read More

Shipping union RMT on cancellation of Seaborne Freight government Brexit ferry contract

Shipping union RMT on cancellation of Seaborne Freight government Brexit ferry contract
Mick Cash Shipping union RMT on cancellation of Seaborne Freight government Brexit ferry contract.   General Secretary Mick Cash said; “RMT has taken a number of protests over the fiasco of the Government’s Brexit ferry contracts to both the Department for Transport and the ports and...
February 9th, 2019 | Cruise Ferry, HR, Jobs, Labour Disputes, Manning - Seafarers and Offshore, Ro-Ro and Passenger Ferries | Read More

The BDI@601; enough to buy a pair of jeans…

The BDI@601; enough to buy a pair of jeans…
John Faraclas The BDI (Baltic Dry Index) ended the week down to 601 points – minus nine points since yesterday and 44 since last week’s closing when the BDI stood at 645 points. Geopolitics in total disarray. John Faraclas’ daily and weekly recaps: The Capes despite a “stabilization” continue...
February 8th, 2019 | Chartering, Dry Bulkcarriers, Emissions, Environment, Markets, Military, News, Oil Industry, Pollution, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Friday, February 8, 2019)

Daily Overview of Global Markets & the SEE Region (Friday, February 8, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of global equity markets traded in the red on Friday amid increasing worries that a trade deal between the US and China won’t be reached before the March deadline. The European Commission’s updated forecasts (2019 Winter...
February 8th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@610: enter the abyss?

The BDI@610: enter the abyss?
John Faraclas The BDI (Baltic Dry Index) was down 19 points mainly due to another asymmetrical fall of the Capes. Geopolitics maintain its momentum and we warn for dangers ahead; John Faraclas daily recap: The Capes’ BCI was a bit upsetting at 846 – minus 83 points as the 900 points-threshold has...
February 7th, 2019 | Art and auctions, Chartering, Comment, Dry Bulkcarriers, Insight, Markets, News, Paintings and Sculpture, Shipping Indices, Tankers, Trade and Commerce | Read More

Yevgeny Primakov named Support Vessel of the Year

Yevgeny Primakov named Support Vessel of the Year
The “Yevgeny Primakov” – picture cedits: Sovcomflot Yevgeny Primakov, an icebreaking standby vessel owned and operated by Sovcomflot, has been awarded the 2019 Support Vessel of the Year by Offshore Support Journal, an international trade publication. The official award ceremony was...
February 7th, 2019 | Arctic Shipping, Awards, Icebreakers, News | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, February 7, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, February 7, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking their lead from Wall Street overnight, Asian equity indices traded mixed on Thursday while European bourses opened lower. Germany’s December weak factory orders and industrial production data may have also had a negative impact...
February 7th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@629: stuck, coincidence, the beginning of an upturn…? Time will tell!

The BDI@629: stuck, coincidence, the beginning of an upturn…? Time will tell!
John Faraclas The BDI (Baltic Dry Index) remained unchanged at 629 points “offering” a deep breath to all… Time, as per our titles ending, will tell… We still advise CAUTION! Geopolitics still messy and perplexed and MP Costis Hatzidakis of Greece’s opposition vice president of New Democracy...
February 6th, 2019 | Chartering, Comment, Dry Bulkcarriers, European Union, Markets, Military, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

American Club circular no.. 04/19 – US imposes new sanctions against the government of Venezuela through designation of PdVSA

American Club circular no.. 04/19 – US imposes new sanctions against the government of Venezuela through designation of PdVSA
Joe Hughes AMERICAN CLUB CIRCULAR NO. 04/19 – UNITED STATES IMPOSES NEW SANCTIONS AGAINST THE GOVERNMENT OF VENEZUELA THROUGH DESIGNATION OF PETROLEOS DE VENEZUELA, S.A. (PdVSA)  FEBRUARY 6, 2019   CIRCULAR NO. 04/19   TO MEMBERS OF THE ASSOCIATION   Dear Member:   UNITED STATES IMPOSES...
February 6th, 2019 | Markets, News, Oil Industry, Sanctions | Read More

ZIM partners with Avantida to offer street turn services in the US

ZIM partners with Avantida to offer street turn services in the US
Luc de Clerck Avantida continues to grow its network in the US, with ZIM joining Maersk on the platform  Antwerp, Belgium, February 6, 2019 – Avantida, an E2open company, announced today that ZIM, one of the leading shipping lines, has partnered with Avantida to offer street turn services in the United...
February 6th, 2019 | Containers, Liner Shipping and Trade, Logistics, Ports & Terminals | Read More

Corvus Energy acquires Grenland Energy and strengthens product portfolio of maritime batteries

Corvus Energy acquires Grenland Energy and strengthens product portfolio of maritime batteries
Geir Bjørkeli (left), CEO of Corvus Energy and Roman Stoiber, CEO at Grenland Energy Corvus Energy strengthens its product portfolio for maritime batteries with the acquisition of Grenland Energy Bergen, Norway; Richmond, BC, Canada; and Skien, Norway – February 6, 2019 – Corvus Energy Holding...
February 6th, 2019 | Marine Equipment Products and Services, Markets, Mergers and Acquisitions | Read More

New conference venues for 2021 and 2022 underline Interferry’s global vision

New conference venues for 2021 and 2022 underline Interferry’s global vision
Mike Corrigan Interferry has confirmed locations for the 2021 and 2022 editions of its industry-leading annual conference – held every October – in the latest initiative to extend its reach as the only organisation representing the worldwide ferry industry. The global trade association’s 46th annual...
February 6th, 2019 | Associations, Cruise Ferry, Events, Conferences,Forums and Symposiums, Ro-Ro and Passenger Ferries | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, February 6, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, February 6, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Mirroring the positive tone in Wall Street overnight, most Asian equity indices traded higher on Wednesday (China’s markets closed amid holidays for the Lunar New Year), following President Donald Trump’s State of the Union address,...
February 6th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Central banks take on climate change, Hard currencies outlook – part one

Central banks take on climate change, Hard currencies outlook – part one
. Commentary: Central banks take on climate change By Danae Kyriakopoulou in Davos As 1,500 private jets flew into Davos to talk about climate change, the Central Banks’ and Supervisors’ Network for Greening the Financial System was holding its latest steering committee meeting in Mexico. The...
February 6th, 2019 | Associations, Banking, Climate, Comment, Environment, Finance, Markets, Reports, Stock Markets, Trade and Commerce | Read More

Hooray hooray, the Panamaxes clinched a point…

Hooray hooray, the Panamaxes clinched a point…
John Faraclas The BDI (Baltic Dry Index) lost just five points earlier on today and now stands at 629; Geopolitics still sour and the London Yacht Show makes waves. John Faraclas’ brief market recap: The Capes’ BCI  lost 12 points and now stands at 972… The Panamaxes,  even with just one...
February 5th, 2019 | Associations, Chartering, Containers, Dry Bulkcarriers, Events, Exhibitions, Markets, Military, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Oslo Børs: Monthly Statistics January 2019

Oslo Børs: Monthly Statistics January 2019
05/02/2019 – The monthly statistics report for the Oslo Børs equity markets is published. The report includes information about listed shares on Oslo Børs, Oslo Axess and Merkur Market for the month of January 2019. The monthly report for the equity markets includes a full overview of the turnover on...
February 5th, 2019 | Statistics, Stock Markets | Read More

DIANA fixes panamax “Danae” on period t/c with Phaethon

DIANA fixes panamax “Danae” on period t/c with Phaethon
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACT FOR M/V DANAE WITH PHAETHON ATHENS, GREECE, February 5, 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...
February 5th, 2019 | Chartering, Dry Bulkcarriers, Markets, Stock Markets | Read More

UK Government to support safe maritime trade and economic growth across overseas territories

UK Government to support safe maritime trade and economic growth across overseas territories
UKHO staff with seminar delegates from overseas territories UK Hydrographic Office (UKHO), with support from Maritime & Coastguard Agency (MCA), work with representatives from 10 overseas territories to support maritime trade across the world’s oceans TAUNTON, 05 FEBRUARY, 2019 – The UKHydrographic ...
February 5th, 2019 | Events, Conferences,Forums and Symposiums, Maritime Education and Training, Safety and Security, Trade and Commerce | Read More

Høglund Marine Solutions appoints JJ Ha as Managing Director, Korea

Høglund Marine Solutions appoints JJ Ha as Managing Director, Korea
JJ Ha  Automation and system integration experts reaffirm commitment to LNG and electric hybrid solutions for newbuilds and retrofits, strengthening presence in Korean market FEBRUARY 5, 2019: Høglund Marine Solutions, the leading global marine automation and system integration expert, has announced...
February 5th, 2019 | LNG, Marine Equipment Products and Services, Shipbuilding and Shipyards, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, February 5, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, February 5, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking their lead from Wall Street’s gains overnight, major European bourses opened higher in early trade today supported by major Central Banks’ dovish shift on the back of weaker global growth momentum, rising political risks...
February 5th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@634: tough times never last, but tough shipowners do

The BDI@634: tough times never last, but tough shipowners do
John Faraclas The BDI (Baltic Dry Index) losses were very much contained and let’s hope the reversal might come soon although the damage has been done… Geopolitics not just perplexed but explosive. John Faraclas daily recap: The Capes’ BCI although it lost the 1,000 points threshold – an expected ...
February 4th, 2019 | Chartering, Comment, Container shipping, Containers, Dry Bulkcarriers, Insight, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Monday, February 4, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, February 4, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasuries were weaker in early European trade on Monday pressured by increased optimism for a resolution in the US/China trade dispute as well as a string of better-than-expected US data releases on Friday. Bunds followed suit while,...
February 4th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More