Archive for the ‘Tankers’ Category

BIMCO: Phase one deal will deliver both trade creation and trade diversion (CNBC 02:39)

BIMCO: Phase one deal will deliver both trade creation and trade diversion (CNBC 02:39)
. BIMCO: Phase one deal will deliver both trade creation and trade diversion (CNBC 02:39) BIMCO: The “Phase one deal” delivers a mixed bag for the global shipping industry. But overall positive to see the first non-escalation of the trade war. Oil tankers are likely to benefit, dry bulkers...
January 17th, 2020 | BIMCO, Chartering, Dry Bulkcarriers, Markets, Tankers, Trade and Commerce | Read More

Register now for the Tanker Freight Risk Forum

The Baltic Exchange Register now for the Tanker Freight Risk Forum When: 24 February 2020, 13:00 – 16:30, followed by a drinks reception Where: The May Fair Hotel, Stratton Street, London, W1J 8LT In a year where markets were resolutely focused on the long-anticipated IMO 2020 regulation,...
January 17th, 2020 | Chartering, Events, Conferences,Forums and Symposiums, Markets, Tankers | Read More

Panamaxes “lift the BDI but… Geopolitics could turn Planet Ocean upside down

Panamaxes “lift the BDI but… Geopolitics could turn Planet Ocean upside down
John Faraclas Panamaxes “lift” the  BDI but… Geopolitics could turn Planet Ocean upside down The BDI (Baltic Dry Index) gained five vital points since yesterday but don’t count your eggs before they are hatched… In the Geopolitical front indeed we are at the cross roads were humanity meets...
January 15th, 2020 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Minor BDI losses amid turbulent Geopolitics

Minor BDI losses amid turbulent Geopolitics
John Faraclas by GTP Minor BDI losses amid turbulent Geopolitics The BDI (Baltic Dry Index) lost two points earlier on today since yesterday and now stands at 763 – as we also stand on shifting sand given the geopolitical conundrum. CAUTION! John Faraclas’ daily brief: Let’s hope the Dry Markets’...
January 14th, 2020 | Chartering, Dry Bulkcarriers, Markets, Politics and Government, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

All in red amid explosive geopolitics

All in red amid explosive geopolitics
  John Faraclas by GTP All in red amid explosive geopolitics The BDI (Baltic Dry Index) and all its indices which comprise same, Dries and Wets, fell further amid a cocktail of explosive Geopolitics. The BDI stood at 765 – minus nine points; CAUTION. John Faraclas’ brief daily recap: Its seems...
January 13th, 2020 | Dry Bulkcarriers, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

An odd BDI@774 amid geopolitical uncertainty

An odd BDI@774 amid geopolitical uncertainty
  John Faraclas; picture by Niki Paterakis An odd BDI@774 amid geopolitical uncertainty The BDI gained earlier on today two points despite the fact that all indices are in red. On w weekly basis the BDI was down  133 points – from 907 last Friday the 3rd of January. In Geopolitics chaos and uncertainty...
January 10th, 2020 | Chartering, Dry Bulkcarriers, Markets, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@772; very odd given the other dry indices performance…

The BDI@772; very odd given the other dry indices performance…
John Faraclas; photo by Niki Paterakis                           The BDI@772; very odd given the other dry indices performance… The BDI (Baltic Dry Index) lost just one point since yesterday and now stands at 772 points. Geopolitically...
January 9th, 2020 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Markets, News, Piracy and Terrorism, Politics and Government, Shipping Indices, Tankers | Read More

Contained losses with the BDI@773 amid messy Geopolitics

Contained losses with the BDI@773 amid messy Geopolitics
John Faraclas Contained losses with the BDI@773 amid messy Geopolitics The BDI (Baltic Dry Index) lost 18 points since yesterday and now the situ becomes a bit critical with unknown repercussions.  The Geopolitical situation following an early morning Iranian ballistic attack against bases with possible...
January 8th, 2020 | Chartering, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Is it the Bunker prices that floor-down the BDI now at 791… or what?

Is it the Bunker prices that floor-down the BDI now at 791… or what?
John Faraclas Is it the Bunker prices that floor-down the BDI now at 791… or what? The BDI (Baltic Dry Index) lost 53 points as well as the 800 point threshold. Geopolitics are expected to be explosive as ever… John Faraclas’ brief market recap: The Capes’ once again on a triple-digit fall –...
January 7th, 2020 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@844: unprecedented market and geopolitical challenges ahead…

The BDI@844: unprecedented market and geopolitical challenges ahead…
John Faraclas The BDI@844: unprecedented market and geopolitical challenges ahead… The BDI (Baltic Dry Index) lost 63 points as well as the 900 points threshold thanks to yet another triple-digit fall of the Capes. Geopolitics on the edge… John Faraclas’ daily brief recap: The Capes’ BCI lost...
January 6th, 2020 | Anniversaries, Clubs, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

2019 volatility lifts freight derivative volumes

2019 volatility lifts freight derivative volumes
Mark Jackson 2019 volatility lifts freight derivative volumes The freight derivatives markets for both tankers and dry cargo vessels saw increased traded volumes in 2019 according to data released by the Baltic Exchange. Tanker Forward Freight Agreement (FFA) volumes were up 38% on the previous year,...
January 6th, 2020 | Dry Bulkcarriers, Markets, News, Tankers | Read More

The BDI@907 amid fast worsening geopolitics

The BDI@907 amid fast worsening geopolitics
John Faraclas The BDI@907 amid fast worsening geopolitics The BDI (Baltic Dry Index) lost another 69 points since yesterday thanks mainly to the Capes and bunker prices pressing rates down. There will be corrections in …both directions so all stakeholders have to be ready for every eventuality. 2020...
January 3rd, 2020 | Chartering, Civil Unrest, Dry Bulkcarriers, Markets, Military, News, Reports, Safety and Security, Sanctions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI dives further amid Geopolitical uncertainty

The BDI dives further amid Geopolitical uncertainty
John Faraclas The BDI dives further amid Geopolitical uncertainty The BDI (Baltic Dry Index) dives further amid Geopolitical uncertainty; John Faraclas’ pre-Christmas recap: The BDI lost 13 points and now stands at 1,090 losing even the 1,100 points threshold… The Capes’ BCI loss was minimal; minus...
December 24th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

The BDI@1,103: contained losses but losses…

The BDI@1,103: contained losses but losses…
John Faraclas The BDI@1,103:Contained losses but losses… The BDI (Baltic Dry Index) lost 20 points earlier on today and now stands at 1,103 points. Contained losses but still losses marking the Festive Season and as we mentioned a few days ago we are back to square one! Geopolitics crucial with the...
December 23rd, 2019 | Chartering, Comment, Corruption, Dry Bulkcarriers, Markets, Military, News, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Another week when the BDI’s losses are hurting…

Another week when the BDI’s losses are hurting…
John Faraclas Another week when the BDI’s losses are hurting… The BDI (Baltic Dry Index) lost 28 points earlier on today and now at 1,123 points pauses a bit ugly. On a weekly basis the BDI was down 232 points – from 1,355 on the 13th of December… The main cause was once again the Capes… The...
December 20th, 2019 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,151: CAUTION!

The BDI@1,151: CAUTION!
John Faraclas The BDI@1,151: CAUTION! The BDI (Baltic Dry Index) lost ALSO its 1,200 points threshold – THANKS to the triple-digit Capes’ losses. Geopolitics a big “farce” given the inhumane business and political hooligans behaviour which will damage shipping in its entirety – and beyond…...
December 19th, 2019 | Charity, Chartering, Clubs, Dry Bulkcarriers, Events, Markets, News, People and Places, Reports, Shipping Indices, Stock Markets, Tankers | Read More

ICS Professional Maritime Programme Jan 2020 – Register Now

ICS Professional Maritime Programme Jan 2020 – Register Now
ICS Professional Maritime Programme Jan 2020 – Register Now ICS PROFESSIONAL MARITIME PROGRAMME  Starting January 2020 The Hellenic Management Centre, official educational provider of the Institute of Chartered Shipbrokers in Greece, offers the ICS Professional Maritime Programme; a 1-year...
December 17th, 2019 | Chartering, Dry Bulkcarriers, Legal, Marine Insurance, Maritime Education and Training, Sales and Purchases, Shipfinance, Tankers | Read More

Falling BDI might be worse next week…

Falling BDI might be worse next week…
Falling BDI might be worse next week… The BDI (Baltic Dry Index) lost 33 points earlier on today and now stands at 1,355; on a weekly basis the BDI was down 203 points from last week’s (06/12) 1,558. So the 1,400 and 1,500 thresholds has …vanished. The main culprit being, one again, the Capes…...
December 13th, 2019 | Chartering, Dry Bulkcarriers, Events, Food and Drink, Holidays, Logistics, Markets, Military, People and Places, Ports & Terminals, Reports, Ship Agencies, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

LNG proves compelling for VLCCs

LNG proves compelling for VLCCs
  LNG proves compelling for VLCCs  New independent study confirms LNG delivers strong return on investment for VLCCs on the Arabian Gulf to China trade route LONDON, December 12 2019: SEA\LNG has today released the results of its third investment study, which underlines liquefied...
December 12th, 2019 | Bunkering, LNG, Tankers | Read More

The BDI@1,460; geopolitics in turmoil and BV makes waves

The BDI@1,460; geopolitics in turmoil and BV makes waves
John Faraclas The BDI@1,460; geopolitics in turmoil and BV makes waves The BDI (Baltic Dry Index) lost its 1,500 points threshold by losing 68 points and now things, despite the volatile factor, might turn sour. The Geopolitics will bother us for a while with the addition of the outcome of the British...
December 11th, 2019 | Chartering, Dry Bulkcarriers, Events, Markets, Military, News, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

Uncertainty and volatility rule the Markets

Uncertainty and volatility rule the Markets
John Faraclas Uncertainty and volatility rule the Markets The BDI (Baltic Dry Index) lost 17 points and now stands at 1,558 – on a weekly tough basis same was up 30 points from 1,528 (29/11). Geopolitics still sour. John Faraclas’ daily and weekly recaps: The Capes’ BCI was down 52 points at 3,273...
December 6th, 2019 | Anniversaries, Awards, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Emissions, Energy, Environment, Events, Markets, Military, Pollution, Regulatory, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Teekay first shipping company on the green bond list

Teekay first shipping company on the green bond list
Teekay first shipping company on the green bond list 06/12/2019 Teekay Shuttle Tankers today became the first shipping company to list green bonds on Oslo Børs. Green finance is growing strongly. In January 2015, Oslo Børs became the first stock exchange in the world with a separate list for green...
December 6th, 2019 | Energy, Environment, Stock Markets, Tankers | Read More

The BDI in …red…despite all Dry Indices are on the plus!

The BDI in …red…despite all Dry Indices are on the plus!
John Faraclas The BDI in …red…despite all Dry Indices are on the plus! Strange things will always happen and the middleman in the street still questions odd things like today’s BDI (Baltic Dry Index) being down seven points at 1,599 whilst all Dry Indices are on the up, even a contained up with...
December 4th, 2019 | Anniversaries, Banking, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Finance, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,606 amid total geopolitical turmoil and a perplexed London NATO “summit”…

The BDI@1,606 amid total geopolitical turmoil and a perplexed London NATO “summit”…
John Faraclas   The BDI@1,606 amid total geopolitical turmoil and a perplexed London NATO “summit”… The BDI (Baltic Dry Index) was up 38 points thanks once again to the volatile Capes and to a lesser extend to the rising Panamaxes… Good to see same above the 1,600 point threshold! Twists...
December 3rd, 2019 | Charity, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Marine Insurance, Markets, Military, News, P and I Clubs, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

Approval in Principle for LNG dual-fuelled VLCC design

Approval in Principle for LNG dual-fuelled VLCC design
… Approval in Principle for LNG dual-fuelled VLCC design Lloyd’s Register has issued CMES, CNOOC, DSIC and GTT with an Approval in Principle (AiP) for the development of the first efficient LNG-fuelled Very Large Crude Carrier (VLCC) in a new generation of dual-fuelled VLCCs. LR has granted...
December 3rd, 2019 | Bunkering, Classification Societies, Tankers | Read More