Archive for the ‘Sales and Purchases’ Category

A Capers’ market is NOT a market, particularly amid explosive geopolitics…

A Capers’ market is NOT a market, particularly amid explosive geopolitics…
John Faraclas The BDI (Baltic Dry index) rose to 1,172 points – plus 25 since yesterday. In the geopolitical front we reiterate the view that the drums of War can be heard – War in the platoon,  War in the financial “galaxy”, it’s War everywhere. John Faraclas’ daily briefing: The Capers...
March 16th, 2017 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets | Read More

Festina lente for the Markets and Geopolitics

Festina lente for the Markets and Geopolitics
John Faraclas The BDI ended the week at 1,086 points, nearly 150 points plus since last week, but make haste slowly given that many believe the days of bad markets and geopolitical uncertainty are over; John Faraclas’ weekly recap: The BDI (Baltic Dry Index) gained 22 points since yesterday – now...
March 10th, 2017 | Conferences, Seminars, Forums, Events, Exhibitions, Military, Music, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Intertanko chairman Nikos Tsakos addresses IMIF on state of the tanker sector

Intertanko chairman Nikos Tsakos addresses IMIF on state of the tanker sector
Dr Nikos P. Tsakos Operators of the global fleet of tankers have grounds for market optimism – although they should restrain any impulse to order more tonnage. This was the message from Nikos Tsakos, chairman of Intertanko, when he addressed a meeting of the International Maritime Industries Forum...
March 1st, 2017 | Conferences, Seminars, Forums, Energy, Environment, Events, IMIF, IMO, Intertanko, Markets, Sales and Purchases, Ship Demolitions, Ship Finance, Shipping Centers, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

The Armitt group appoints finance director

The Armitt group appoints finance director
Paul Holden Respected UK shipping agent and specialist logistics company the Armitt Group, has appointed Paul Holden as its new Finance Director. Mr Holden has over 20 years’ experience in a series of senior financial management positions most notably as Finance Director at Dobson Crowther Ltd, a specialist...
February 13th, 2017 | Chartering, Company Profiles, Person Profiles, Sales and Purchases, Ship Agencies | Read More

Capital Ship Management Corp. Takes Delivery of M/V ‘Attikos

Capital Ship Management Corp. Takes Delivery of M/V ‘Attikos
The m/v “Attikos” Athens, Greece, February 7, 2017. Capital Ship Management Corp. took successful delivery today of the vessel M/V ‘Attikos’ (ex name ‘K Ambition’), a 178,928.8 dwt, Capesize bulk carrier, built in 2012 by Sundong Shipbuilding & Marine Engineering Co....
February 7th, 2017 | Dry Bulkcarriers, Sales and Purchases | Read More

Capital Ship Management Corp. Takes Delivery of M/V ‘Amigo II’

Capital Ship Management Corp. Takes Delivery of M/V ‘Amigo II’
Athens, Greece, January 26, 2017. Capital Ship Management Corp. took successful delivery today of the vessel M/V ‘Amigo II’ (ex name ‘K Endeavor’), a 179,016.8 dwt, Capesize bulk carrier, built in 2011 by Sundong Shipbuilding & Marine Engineering Co. Ltd, S.Korea. It is the second...
January 26th, 2017 | Dry Bulkcarriers, Sales and Purchases, Shipmanagement | Read More

Cool… another fall with the BDI@949 and Geopolitics in red…

Cool… another fall with the BDI@949 and Geopolitics in red…
John Faraclas No surprise, but caution all on fronts ; mind the snowfall too… John Faraclas daily report: The BDI (The Baltic Dry Index) lost, since last Friday the 6th of January, another 14 points and now stands at 949. The Capers lost 60 and the BCI 2014 now reads 1,598 points –  a dropping volatility…? The...
January 9th, 2017 | European Union, Markets, Military, News, Piracy and Terrorism, Politics and Government, Sales and Purchases, Shipping Indices | Read More

The BDI at the crossroads; Geopolitics too…

The BDI at the crossroads; Geopolitics too…
John Faraclas The BDI drops further despite the Capers upwards rally; Geopolitics are a major concern given last year’s mess. John Faraclas daily briefing: The BDI (Baltic Dry Index) lost another eight points since the 23rd of December 2016 and now stands at 953 points thanks to the volatile Capers...
January 3rd, 2017 | Markets, News, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Diana announces receipt of full refund under shipbuilding contarct

Diana announces receipt of full refund under shipbuilding contarct
DIANA SHIPPING INC. ANNOUNCES RECEIPT OF FULL REFUND UNDER SHIPBUILDING CONTRACT ATHENS, GREECE, December 22, 2016 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that in connection with the previously...
December 22nd, 2016 | News, Sales and Purchases, Shipbuilding and Shipyards, Stock Markets | Read More

Markets and geopolitics: Alea iacta est…

Markets and geopolitics: Alea iacta est…
John Faraclas Now what a weekend that was and what a day today given both the continuous fall of the Markets, particularly the dry ones and the geopolitical mess engulfing the World following the atrocities in Turkey and Germany; John Faraclas’s daily recap: The BDI (Baltic Dry Index) lost another...
December 19th, 2016 | Breaking News, Markets, Military, Politics and Government, Sales and Purchases, Shipping Indices | Read More

Scotline’s new acquisition

Scotline’s new acquisition
The “Scot Leader” Scotline are pleased to announce the purchase of Scot Leader, IMO 9404235 (formally MV Odertal).  Scot Leader was built in August 2007 in Bodewes Shipyard Holland and is ice classed; she is 4507 DWAT and has cubics of about 6360m3. She will be sailing under the British...
December 2nd, 2016 | Markets, Sales and Purchases, Shipmanagement, Short-sea shipping | 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

Diana Containerships sells panamax contship “Angeles”

Diana Containerships sells panamax contship “Angeles”
DIANA CONTAINERSHIPS INC. ANNOUNCES THE SALE OF A PANAMAX CONTAINER VESSEL, THE M/V ANGELES  ATHENS, GREECE, November 3, 2016 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, announced that it has signed today,...
November 3rd, 2016 | Company Profiles, Container shipping, Sales and Purchases, Stock Markets | Read More

Dry Market’s inevitable fall amid global mess…

Dry Market’s inevitable fall amid global mess…
John Faraclas The BDI (Baltic Dry Index) lost four points and now stands at 890,  thanks to the Panamaxes continued rise, as otherwise with the Capers fall the damage was going to be far bigger. The Geopolitical mess continues in all fronts; John Faraclas’ daily recap: The Capers’ losses of 53 points...
October 18th, 2016 | Energy, Environment, Markets, Military, News, Piracy and Terrorism, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Register Now for The New York Maritime Forum – Tuesday, September 13, 2016 in New York City

Register Now for The New York Maritime Forum – Tuesday, September 13, 2016 in New York City
LAST CHANCE – Attendance is free of charge for qualified delegates REGISTER FOR THE NEW YORK MARITIME FORUM – THE CAPITAL FOR SHIPPING Tuesday, September 13, 2016 – Metropolitan Club   The New York Maritime Forum (NYMF) is both an investment and an industry conference with a double...
September 9th, 2016 | Associations, Banking, Energy, Events, Conferences,Forums and Symposiums, Markets, Sales and Purchases, Ship Demolitions, Ship Finance, Shipfinance, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Market Blues continue amid further bankruptcies…

Market Blues continue amid further bankruptcies…
John Faraclas Grounded @720 points the BDI has no alternative yet as geopolitics and the world economic recession are here to stay – even getting worse. John Faraclas weekly Market and Geopolitics Recap: The BDI (Baltic Dry Index) gained eight points reaching the 720 points matching last week’s closure...
September 2nd, 2016 | Markets, News, Sales and Purchases, Shipfinance, Shipping Indices, Statistics, Stock Markets | Read More

FONASBA Announces Winner of the 2016 Young Ship Agent or Broker Award

FONASBA Announces Winner of the 2016 Young Ship Agent or Broker Award
Tim Polson FONASBA is very pleased to announce that the winner of its Young Ship Agent or Broker Award for 2016 is Tim Polson of Asiaworld Shipping of Australia. The Award was introduced in 2015 with the aim of encouraging members of the ship agency and ship broking profession aged 40 or younger to...
August 17th, 2016 | Associations, Chartering, Sales and Purchases, Ship Agencies | Read More

After all it’s summer, so “don’t you worry” with the BDI@631…

After all it’s summer, so “don’t you worry” with the BDI@631…
John N. Faraclas The BDI (Baltic Dry Index), following three days of stagnation at 636, lost five points today and now stands at 631! The Geopolitics is entering a very delicate and “dubious” period where everything is possible to happen. John Faraclas’ daily market recap: The Capers’ BCI 2014...
August 9th, 2016 | Dry Bulkcarriers, European Union, Markets, News, Organisations, Piracy and Terrorism, Politics and Government, Ports & Terminals, Regulatory, Sales and Purchases, Ship Demolitions, Shipbuilding and Shipyards, Shipping Indices, Sports, Statistics, Stock Markets, Tankers, Trade and Commerce, UN | Read More

The BDI stranded at 636 points…

The BDI stranded at 636 points…
John N. Faraclas The BDI (Baltic Dry Index) remains for a third time at 636 points; no change losing steam, or summer blues? Geopolitical freak-waves are more than dangerous. John Faraclas’ daily recap: The BCI 2014 was the only size to gain points, today was up seven at 777 points. It is always the...
August 8th, 2016 | Markets, News, Piracy and Terrorism, Sales and Purchases, Shipping Indices, Stock Markets | Read More

The Markets losing further ground and Geopolitics are as explosive as ever…

The Markets losing further ground and Geopolitics are as explosive as ever…
John Faraclas – picture credits Panagiotis Tsakos Photography – The BDI (Baltic Dry Index) remained the same since yesterday at 636 points, but lost 20 points since last Friday’s 656 points. Geopolitics are freezing the peace process and becoming the real stumbling bloc in halting business...
August 5th, 2016 | Chartering, Containers, Dry Bulkcarriers, Markets, Sales and Purchases, Ship Demolitions, Ship Finance, Shipping Indices, Short-sea shipping, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Weakening BDI and geopolitical turmoil…

Weakening BDI and geopolitical turmoil…
John Faraclas The Markets lost steam and Geopolitics are a burden; John Faraclas’ weekly recap: The BDI (Baltic Dry Index) lost nine points since yesterday standing now at 656 points which is 62 points down since last week’s 718. The 700 points barrier is now causing problems. The Capers and its...
July 29th, 2016 | Chartering, Containers, Dry Bulkcarriers, Liner Shipping and Trade, LNG, Markets, News, Piracy and Terrorism, Reports, Sales and Purchases, Ship Demolitions, Ship Finance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Missing the BDI@666 is a “blessing”…

Missing the BDI@666 is a “blessing”…
John Faraclas The BDI (Baltic Dry Index) lost 14 points  today  standing at 665 –  a point below the most sacred number of numerology… so the curse has gone… Geopolitics are increasingly worrying even for the warring ones; John Faraclas daily recap: The Capers’ BCI 2014 lost 23 points...
July 28th, 2016 | Accountancy, Military, Piracy and Terrorism, Sales and Purchases, Shipmanagement, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

GMS announces growth of its Green Team

GMS announces growth of its Green Team
Dr. Anand Hiremath working at Alang GMS announces growth of its Green Team with the addition of a 4th PhD professional Anand M. Hiremath receives his Doctorate in best practices in green ship recycling adding value to the GMS‘Green Team of PhD professionals JULY 26, 2016 – GMS, the world’s largest...
July 26th, 2016 | Company Profiles, Education and Training, Environment, HR, Markets, Person Profiles, Sales and Purchases, Ship Demolitions | Read More

Chaos is ante portas: Dropping BDI and worsening geopolitics…

Chaos is ante portas: Dropping BDI and worsening geopolitics…
John Faraclas It seems that we are heading for both a low market as well as a dangerous geopolitics period which unfortunately will last for the foreseeable future; unless…;  John Faraclas’ daily recap: The BDI (Baltic Dry Index) lost ten points today closing at 736 amid rumours of a break-up...
July 20th, 2016 | Civil Unrest, European Union, Markets, Military, News, Piracy and Terrorism, Politics and Government, Sales and Purchases, Shipbuilding and Shipyards, Shipping Indices, Statistics, Stock Markets, Tourism, UN | Read More

With the Supras@666* the BDI makes …waves

With the Supras@666* the BDI makes …waves
John Faraclas After a long time, the Supras and its respective BSI index gained a double digit plus, 15 (fifteen) points lifting also the BDI at 711; John Faraclas’ daily Market and Geopolitics recap: The BDI (Baltic Dry Index) was up seven points since yesterday standing now at 711 – seven eleven...
July 12th, 2016 | Banking, Containers, Dry Bulkcarriers, Energy, European Union, Finance, Fixtures, Liner Shipping and Trade, Markets, Military, News, Oil Industry, Politics and Government, Sales and Purchases, Ship Finance, Shipfinance, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More