Archive for the ‘Tankers’ Category

Contained Market fall…

Contained Market fall…
John Faraclas Contained Market fall… The BDI (Baltic Dry Index) fell eight points and now reads 2,059. Geopolitics still messy with Salvini’s resigning making things difficult for Italy and Europe. John Faraclas’ brief recap: The Capes fell 63 points and now the BCI stands at 3,665 points. The...
August 20th, 2019 | Chartering, Dry Bulkcarriers, Markets, Shipping Indices, Tankers | Read More

Unsustainability and uncertainty brings the BDI down to 2,067 amid messy Geopolitics

Unsustainability and uncertainty brings the BDI down to 2,067 amid messy Geopolitics
John Faraclas Unsustainability and uncertainty brings the BDI down to 2,067 amid messy Geopolitics The BDI lost 21 points earlier on today and let’s hope the losses are contained tomorrow or that today wasn’t a “Dry day”… John Faraclas brief recap: The uncertainty was calculated in our last...
August 19th, 2019 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

Dry Market recovers but uncertainty remains ante portas

Dry Market recovers but uncertainty remains ante portas
John Faraclas Dry Market recovers but uncertainty remains ante portas Despite todays contained closing the Dry and Wet Markets performed well this week with the BDI 88 points above the 2,000 point threshold at 2,088 and only the Cleans fell. Geopolitics still perplexed and worrying as too many things...
August 16th, 2019 | Chartering, Comment, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI recovers above the 2,000 point threshold

The BDI recovers above the 2,000  point threshold
John Faraclas – picture credits by Georgina Lazaridis The BDI recovers above the 2,000  point threshold The BDI (Baltic Dry Index)  with 97 plus points and at 2,047 brings some hope… geopolitics still messy… John Faraclas’ brief recap: It might be the …full moon – a nature’s monthly...
August 15th, 2019 | Chartering, Dry Bulkcarriers, Markets, Reports, Tankers, Trade and Commerce | Read More

The BDI approaches the 2,000 amid further global uncertainty

The BDI approaches the 2,000 amid further global uncertainty
John Faraclas The BDI approaches the 2,000 amid further global uncertainty The BDI (Baltic Dry Index) gained 86 points earlier on today and now stands at 1,950 points. A bit of an odd situation given the fact that Planet Ocean is already in recession.  Geopolitics still getting sour.  John Faraclas’...
August 14th, 2019 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Dry Market surge with the BDI@1,864…

Dry Market surge with the BDI@1,864…
John Faraclas Dry Market surge with the BDI@1,864… The BDI (Baltic Dry Index) gained another 90 points in one of the worse days and periods amidst Geopolitical mayhem! John Faraclas’ brief recap: The Capes’ BCI was up 188 points – a good triple digit surge and now at 3,454 brings some balance...
August 13th, 2019 | Chartering, Comment, Dry Bulkcarriers, Markets, Military, News, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Dry Market buoyant; Wets get dried out… and geopolitics on fire

Dry Market buoyant; Wets get dried out… and geopolitics on fire
John Faraclas Dry Market buoyant; Wets get dried out… and geopolitics on fire The BDI (Baltic Dry Index) gained 26 points earlier on today and now stands at 1,774 points. Geopolitics in complete perplexed mess. John Faraclas’ brief daily recap: All Dry Indices were on the plus; the Capes’ BCI ...
August 12th, 2019 | Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Surprise surprise the BDI is on the up…

Surprise surprise the BDI is on the up…
John Faraclas Surprise surprise the BDI is on the up The BDI (Baltic Dry Index) ended up eight point higher since yesterday and now stands at 1,720 points. Geopolitics as usual enigmatically perplexed might produce explosive situations from which Humanity will be greatly affected and conversely Shipping;...
August 8th, 2019 | Bribery and Corruption, Chartering, Comment, Corruption, Environment, Immigration, Insight, Markets, Military, News, Reports, Sanctions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Capes’ triple-digit fall continues; geopolitics sour…

Capes’ triple-digit fall continues; geopolitics sour…
John Faraclas Capes’ triple-digit fall continues; geopolitics sour… The BDI (Baltic Dry Index) was down 22 points earlier on today and now stands at 1,712; Geopolitics getting sour all over Planet Ocean. John Faraclas’ brief daily recap: The Capes’ BCI might go below the 3,000 points if the daily...
August 7th, 2019 | Chartering, Dry Bulkcarriers, Events, Markets, News, Reports, Shipping Indices, Sports, Statistics, Stock Markets, Tankers | Read More

Further Market losses and crucial Geopolitics testing our patience; CAUTION!

Further Market losses and crucial Geopolitics testing our patience; CAUTION!
John Faraclas Further Market losses and crucial Geopolitics testing our patience; CAUTION! The BDI (Baltic Dry Index) was down 40 points to 1,734 thanks to the Capes’ triple-digit fall. Geopolitics are not just testing our patience, they are more than messy. John Faraclas’ brief daily recap: The...
August 6th, 2019 | At the end of the day..., Chartering, Comment, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Insight, Markets, News, Reports, Shipping Indices, Tankers, WISTA - Women in Shipping | Read More

“Orderly” fall for the BDI; tsunami to follow perplexed geopolitics

“Orderly” fall for the BDI; tsunami to follow perplexed geopolitics
John Faraclas “Orderly” fall for the BDI; tsunami to follow perplexed geopolitics The BDI (Baltic Dry Index) lost 14 points and now stands at 1,774; the geopolitical situation has never been so tense and everything can be expected. John Faraclas daily recap: The Capes were down 12 points and the...
August 5th, 2019 | Chartering, Dry Bulkcarriers, European Union, Insight, Markets, Military, News, Piracy and Terrorism, Politics and Government, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Performance Shipping announces delivery of Aframax tanker “Blue Moon”

Performance Shipping announces delivery of Aframax tanker “Blue Moon”
.. Performance Shipping announces delivery of Aframax tanker “Blue Moon” ATHENS, GREECE, August 5, 2019 – Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned...
August 5th, 2019 | Markets, News, Oil Industry, Sales and Purchases, Stock Markets, Tankers | Read More

Opening speakers to set the standard for TMS Tanker Conference

Opening speakers to set the standard for TMS Tanker Conference
Speakers at The Maritime Standard Tanker Conference 2018 Opening speakers to set the standard for TMS Tanker Conference Dubai, UAE: The fourth annual The Maritime Standard Tanker Conference, which is taking place on Tuesday 22nd October at The Atlantis, the Palm, in Dubai, will be notable for the quality...
August 4th, 2019 | Events, Conferences,Forums and Symposiums, Tankers | Read More

Another tanker is arrested by Iran

Another tanker is arrested by Iran
the …”dire” Straits of Hormuz.. Another tanker is arrested by Iran Following the seizure of Stena Imperio – still under arrest and the  Mesdar – released, another tanker was arrested a few hours ago in the Persian Gulf area with the Iranian accusing her for smuggling fuel. Will...
August 4th, 2019 | Breaking News, Piracy and Terrorism, Politics and Government, Regulatory, Seizures, Tankers | Read More

The Markets, the Bottom Line: the BDI down to 1,788 points.-

The Markets, the Bottom Line: the BDI down to 1,788 points.-
John Faraclas The Markets, the Bottom Line: the BDI down to 1,788 points.- Whatever you see, read, hear or imagine one thing is for sure: the BDI (Baltic Dry Index) is down 24 points today and 149 since last week’s closing of 1,937. Geopolitics in complete jeopardy; John Faraclas’ daily and weekly...
August 2nd, 2019 | Chartering, Comment, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI down – yet again @1,868: a midsummer’s tempest…?

The BDI down – yet again @1,868: a midsummer’s tempest…?
John Faraclas The BDI down – yet again @1,868: a midsummer’s tempest…? The BDI (Baltic Dry Index) lost 31 points earlier on today and now stands at 1,868… The Geopolitics continue not just to be enigmatically perplexed or getting worse, the will soon produce simultaneously too many issues detrimental...
July 31st, 2019 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Tenders | Read More

Performance Shipping Inc., reports financial results for the second quarter and six months ended June 30, 2019

Performance Shipping Inc., reports financial results for the second quarter and six months ended June 30, 2019
PERFORMANCE SHIPPING INC. REPORTS FINANCIAL RESULTS  FOR THE SECOND QUARTER AND SIX MONTHS ENDED JUNE 30, 2019 ATHENS, GREECE, July 29, 2019 – Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today reported a net loss...
July 29th, 2019 | Accountancy, Company Profiles, Container shipping, Statistics, Stock Markets, Tankers | Read More

FONASBA Quality Standard now covers 35 countries, 500 companies

FONASBA Quality Standard now covers 35 countries, 500 companies
The Baltic Exchange were the FONASBA HQ’s are FONASBA Quality Standard now covers 35 countries, 500 companies FONASBA’s Quality Standard (FQS), the only quality mark designed by, and specifically for, ship agents and ship brokers, reached another milestone this month when the number of companies...
July 29th, 2019 | Anniversaries, Associations, Chartering, Conferences, Seminars, Forums, Fixtures, News, Sales and Purchases, Ship Agencies, Ship Demolitions, Shipping Indices, Tankers | Read More

What a week that was: Turbulent markets and perplexed geopolitics

What a week that was: Turbulent markets and perplexed geopolitics
John Faraclas What a week that was: Turbulent markets and perplexed geopolitics The BDI (Baltic Dry Index) fell ten points earlier on today and now stands at 1,937; it also fell 233 points since last week’s 2,170!!! That was a fall thanks to the Capes’ “performance”! The Geopolitical aspects...
July 26th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Sanctions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1947: the fall?

The BDI@1947: the fall?
John Faraclas The BDI@1947: the fall? The BDI lost 67 points earlier on today given that its two main drivers the Capes – mainly and to a lesser extent the Panamaxes fell. Above all the psychological threshold of 2,000 was lost! Geopolitics: still getting worse. John Faraclas’ brief daily recap: The...
July 25th, 2019 | Chartering, Comment, Conferences, Seminars, Forums, Dry Bulkcarriers, European Union, Fixtures, Markets, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, Weather | Read More

Capes’ tsunami brings down the BDI

Capes’ tsunami brings down the BDI
John Faraclas Capes’ tsunami brings down the BDI The BDI (Baltic Dry Index) lost earlier on today 151 points and now dangerously approaches / dives towards the 2,000 point-threshold… Boris Johnson enters no. 10 Downing Street following an emotional but also unusual, odd day holding the keys of power…Can...
July 24th, 2019 | Chartering, Comment, Dry Bulkcarriers, European Union, Fixtures, Insight, Markets, Piracy and Terrorism, Politics and Government, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Capes blues …as Boris wins leadership and premiership

Capes blues …as Boris wins leadership and premiership
John Faraclas   Capes blues …as Boris wins leadership and premiership The BDI (Baltic Dry Index) lost 26 points earlier on today and now stands at 2,165 points increasing the gap to 82 points from that as of end of December 2013 (2,247) thanks to the Capes’ fall. Geopolitics remain more than crucial....
July 23rd, 2019 | Chartering, Dry Bulkcarriers, Food and Drink, Markets, Military, News, Reports, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@2,191 approaches …the all time high for 5Y and 7M

The BDI@2,191 approaches …the all time high for 5Y and 7M
John Faraclas The BDI@2,191 approaches …the all time high for 5Y and 7M The BDI is just 56 points apart as of the end of Dec 2013 when the BDI stood at 2,247… Geopolitics being conspicuously “silent” might turn explosive to a degree of no return. John Faraclas’ daily recap: With only 56 points...
July 22nd, 2019 | Bunkering, Chartering, Comment, Conferences, Seminars, Forums, Dry Bulkcarriers, European Union, Markets, Military, News, Piracy and Terrorism, Politics and Government, Reports, Sanctions, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@2,170 with mess in two of Planet Ocean’s dire straits

The BDI@2,170 with mess in two of Planet Ocean’s dire straits
John Faraclas The BDI@2,170 with mess in two of Planet Ocean’s dire straits The BDI (Baltic Dry Index) was up earlier on today 40 points standing at 2,170; the perplexed geopolitics now confirm our fears on our numerous written hints on Planet Ocean’s dire straits over the last seven years following...
July 19th, 2019 | Chartering, Comment, Dry Bulkcarriers, European Union, Flags, Insight, Markets, News, Organisations, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

International Chamber of Shipping expresses concern over developing situation in the Gulf of Hormuz

International Chamber of Shipping expresses concern over developing situation in the Gulf of Hormuz
Guy Platten International Chamber of Shipping expresses concern over developing situation in the Gulf of Hormuz The International Chamber of Shipping (ICS) is receiving reports that a British registered vessel – Stena Impero – has been diverted from its original course in the Strait of Hormuz...
July 19th, 2019 | Associations, International Chamber of Shipping, Military, Tankers | Read More