Archive for the ‘Tankers’ Category

The BDI@1,353: another mild fall amidst global uncertainty… UK PM Theresa May wins Confidence Vote!!!

The BDI@1,353: another mild fall amidst global uncertainty… UK PM Theresa May wins Confidence Vote!!!
John Faraclas. Picture credits George Christakis The BDI (Baltic Dry Index) 11 points losses were considerably marginal given that yesterday the losses were almost double – 21 points down. Geopolitical uncertainties with the BREXIT taking more twists and turns. John Faraclas’ brief recap: The Capes’...
December 12th, 2018 | Breaking News, Chartering, Dry Bulkcarriers, European Union, Fixtures, Markets, Politics and Government, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

The BDI@1,339: another Capes classic spike!

The BDI@1,339: another Capes classic spike!
John Faraclas The BDI (Baltic Dry Index) gained 43 points – once again thanks to the Capes!!! Geopolitics dodgy. John Faraclas’ daily briefing: The Capes’ BCI  stood at 2,080 plus 155  !!! The Panamaxes’ BPI  cliched just a point and now reads 1,473  .- Same story for the Supras’ BSI now...
December 6th, 2018 | Awards, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Exhibitions, Health and Safety, Maritime Accidents, Markets, Reports, Safety and Security, Salvage, Towage, Wreck Removals, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,296; “thanks” once again to the Capes… but: Caution should be observed!

The BDI@1,296; “thanks” once again to the Capes… but: Caution should be observed!
John Faraclas The BDI (Baltic Dry Index) gained 59 points earlier on today as the questionable Capes’ BCI clinched another three-digit points and now stand at 1,925 which is 186 plus since yesterday… and soon might be over and above the 2,000 threshold! John Faraclas’ daily brief: The Panamaxes’...
December 5th, 2018 | Chartering, Claims, Comment, Defense, Disputes, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Groundings, Health and Safety, Insight, Marine Insurance, Maritime Accidents, Markets, News, P and I Clubs, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

The BDI@1,237… Que será, será?*

The BDI@1,237… Que será, será?*
John Faraclas The BDI (Baltic Dry Index) gained 34 points since yesterday thanks to the as ever volatile Capes… Geopolitics and its influence in the global economy and conversely to shipping are more than perplexed. John Faraclas’ brief recap: 101 points plus for the Capes’ BCI now standing at...
December 4th, 2018 | Awards, Chartering, Clubs, Communication, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Food and Drink, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,203: future imperfect

The BDI@1,203: future imperfect
John Faraclas – picture credits Panagiotis Tsakos Photography – The BDI (Baltic Dry Index) lost 28 points earlier on today thanks, once again to the Capes losing whatever more or less gained during the past ten days… Geopolitical chaos gets another extension before Armageddon’s arrival…...
December 3rd, 2018 | Chartering, Climate, Comment, Conferences, Seminars, Forums, Dry Bulkcarriers, Emissions, Environment, Events, Conferences,Forums and Symposiums, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,231: life is a rollercoaster!

The BDI@1,231: life is a rollercoaster!
John Faraclas The BDI (Baltic Dry Index) lost 50 points and now stands at 1,231 points. Geopolitics are about to bring a Shakespearean Tempest revisited; John Faraclas’ daily and weekly recap: On a weekly basis the BDI was up 138 points – from 1,093, thanks to the Capes’ erroneous skyrocking earlier...
November 30th, 2018 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Earthquakes, Tsunamis, Cyclones and Typhoons, Environment, Insight, Markets, Military, News, Oil Industry, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The naked truth; the BDI@1,330

The naked truth; the BDI@1,330
John Faraclas The BDI (Baltic Dry Index) lost nine points earlier on today due to Capes’ hiccups so to speak. Geopolitics create an uncertainty and things – as we have numerous times warned you: will get sour. John Faraclas’ daily market briefing: The Capes’ BCI  following a crazy upwards...
November 28th, 2018 | Chartering, Comment, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

… one size doesn’t fit all as crazy Capes are up “again”…

… one size doesn’t fit all as crazy Capes are up “again”…
John Faraclas … one size doesn’t fit all as crazy Capes are up “again”… In continuation of yesterday’s title – Capes “fight” back to keep the pace, but…” we feel obliged to remind you that one size not only doesn’t fits all but more importantly same doesn’t constitute a market....
November 23rd, 2018 | Arctic Shipping, Banking, Chartering, Environment, Events, Conferences,Forums and Symposiums, Headlines, Insight, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Capes “fight” back to keep the pace, but…

Capes “fight” back to keep the pace, but…
  John Faraclas The BDI (Baltic Dry Index) gained ten points earlier on today and now stands at 1,018, thanks to the mild rise of the Capes; Geopolitics still messy. John Faraclas’ brief recap: The Capes’ BCI was up 33 points and now stands at 1,089 points, a bit of a less than yesterday’s gains… The...
November 22nd, 2018 | Anniversaries, Comment, Dry Bulkcarriers, Environment, Insight, Markets, Military, Religion, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

KR’s SeaTrust-HullScan software wins 2018 Tanker Safety Award

KR’s SeaTrust-HullScan software wins 2018 Tanker Safety Award
KR’s executive vice president Mr Hyungchul Lee accepting the award; to his left is Edwin Lampert The Korean Register of Shipping (KR) has won the 2018 Tanker Safety Award for its specialist software – SeaTrust-HullScan. The annual award is presented to a company that has shown excellence...
November 22nd, 2018 | Awards, Events, Conferences,Forums and Symposiums, Health and Safety, News, Safety and Security, Tankers | Read More

The BDI … “stands” the test of time

The BDI … “stands” the test of time
John Faraclas – picture credits by Georgina Lazaridis The BDI (Baltic Dry Index) clinches five much needed points – thanks to the “everlasting” Capes’ volatility and now stands at 1,008 points. Geopolitics in red! John Faraclas’ daily briefing: The culprit …err the Capes “did it”...
November 21st, 2018 | Chartering, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

The BDI almost under 1,000…

The BDI almost under 1,000…
John Faraclas The BDI (Baltic Dry Index) almost made it; keep your breath though… Geopolitics and in particular the Economy …stupid…in disarray. John Faraclas’ brief daily recap: The fall of the BDI at 1,003 points – minus 20!!! is more than substantial and let’s hope for a mild situation...
November 20th, 2018 | Associations, Chartering, Dry Bulkcarriers, Markets, Military, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,031: between Scylla and Charybdis…

The BDI@1,031: between Scylla and Charybdis…
John Faraclas The BDI (Baltic Dry Index) clinched another 11 points (same as  yesterday…) but remains down once again on a weekly basis. Geopolitics: between the devil and the deep blue sea… John Faraclas’ daily and weekly recap: The weekly loss of the BDI was 116 points – down from 1,147 recorded...
November 16th, 2018 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Reports, Sanctions, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

SCF back in the black in Q3

SCF back in the black in Q3
Sergey Frank President & CEO of Sovcomflot Sovcomflot: Q3/9 months 2018 Results (Third quarter/nine months to 30 September 2018 – unaudited, prepared under IFRS) Sovcomflot (SCF Group), a world leader in energy shipping and offshore services to the oil and gas industries specializing in harsh...
November 16th, 2018 | Accountancy, Markets, News, Reports, Shipmanagement, Tankers | Read More

Capes’ odd rise distorts the Markets

Capes’ odd rise distorts the Markets
  John Faraclas The BDI (Baltic Dry Index) gained 11 points and now reads 1,020 thanks to the odd Capes’ rise. Geopolitics are getting sour with BREXIT becoming a far more than a perplexed play – Tragedy? Comedy? With a bit of Byzantine ..flavour, Italy creating further issues in the EU –...
November 15th, 2018 | Art and auctions, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Energy, Environment, Events, Fixtures, Markets, Military, People and Places, Photography, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

The BDI@1,009: truth is stranger than fiction…

The BDI@1,009: truth is stranger than fiction…
John Faraclas – picture by ecopack77 The BDI (Baltic Dry Index) ended the day with yet another fall; at 1,009 – minus 55 might soon create one of the biggest disasters in shipping’s recent history if it goes below the 1,000 point-threshold, something though more than possible… We have seen...
November 14th, 2018 | Chartering, Comment, Dry Bulkcarriers, Markets, Military, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,064: …the plot thickens…

The BDI@1,064: …the plot thickens…
John Faraclas The BDI (Baltic Dry Index) lost 61 points earlier on today sending alarms around as the Capes … “returned” to triple digit losses. Geopolitics still critical and everything in the Mighty Continent “shifts” to BREXIT and the Italian Budget… whilst all other crucial issues remain...
November 13th, 2018 | Chartering, Comment, Dry Bulkcarriers, Fixtures, Insight, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

STX receives AiP from LR for LNG-fuelled 50k dwt MR tanker

STX receives AiP from LR for LNG-fuelled 50k dwt MR tanker
The vessel design 13 November 2018 – Lloyd’s Register (LR) has presented STX with approval in principle for a 50k dwt MR tanker design capable of using LNG as a fuel. This development is the result of close collaboration between STX and LR. STX incorporated an LNG-fuelled propulsion system...
November 13th, 2018 | Bunkering, Classification Societies, Gas, News, Shipbuilding and Shipyards, Tankers, Technical, Technology | Read More

Plummeting Markets thanks to the Capes …et al…

Plummeting Markets thanks to the Capes …et al…
John Faraclas – photo by Theo Kapetanakis The BDI (Baltic Dry Index) lost 84 points and now stands at 1,147 points; Geopolitics still in disarray and IBIA dominated the week with its 2018 Convention in Copenhagen. John Faraclas’ daily and weekly recap: The Greeks, as I have mentioned in similar...
November 9th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Capes “sink” the BDI at 1,395…

Capes “sink” the BDI at 1,395…
John Faraclas The BDI (Baltic Dry Index) lost 33 points earlier on today and now stands at 1,395; Geopolitics still messy and IBIA’s Annual Convention makes waves. John Faraclas’ daily briefing: The  volatile Capes’ BCI three-digit loss of 101 points bringing down this index at 2,296 points was...
November 6th, 2018 | Associations, Bunkering, Chartering, Classification Societies, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Events, Conferences,Forums and Symposiums, Insight, Legal, Marine Equipment Products and Services, Maritime Fraud, Maritime Fraud, Maritime Tourism, Markets, Oil Industry, Piracy and Terrorism, Politics and Government, Regulatory, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Technology, Tourism | Read More

The BDI@1,428: remember remember remember the 5th of November

The BDI@1,428: remember remember remember the 5th of November
John Faraclas The BDI (Baltic Dry Index) lost 29 points and now stands at 1,428… Geopolitics in jeopardy as the banking system needs trillions of US Dollars …just to breath. John Faraclas’ brief recap: The volatile Capes lost the 2,500 points threshold with a small bang by losing 105 point;...
November 5th, 2018 | Banking, Chartering, Events, Conferences,Forums and Symposiums, Exhibitions, Finance, Markets, Military, News, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

BDI’s contained fall at 1,470; Wets ’R fine and Geopolitics with corruption et al rule the day…

BDI’s contained fall at 1,470; Wets ’R fine and Geopolitics with corruption et al rule the day…
John Faraclas The BDI (Baltic Dry Index) was down 20 points at 1,470  earlier on today – a contained fall so to speak… Geopolitics though and the  issue of corruption remains the name of the game… For the sake of Art though the day ended more than harmoniously at the After Nyne Gallery in...
November 1st, 2018 | Art and auctions, Chartering, Dry Bulkcarriers, Energy, Finance, Markets, Oil Industry, Paintings and Sculpture, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

BCI’s 23 plus points not enough for falling BDI

BCI’s 23 plus points not enough for falling BDI
John Faraclas The BDI (Baltic Dry Index) lost nine points earlier on today and now reads 1,513 – too close to the 1,500 points threshold and the market losses steam… hopefully. The Geopolitics continue to be as ever  perplexed and expect Yellowstone-style “explosions”… John Faraclas’ daily...
October 30th, 2018 | Arctic Shipping, Chartering, Cruise Ferry, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

ClassNK Archive Center (NKAC) stores the first IMO GBS Ship Construction Files of NACKS-built VLCC

ClassNK Archive Center (NKAC) stores the first IMO GBS Ship Construction Files of NACKS-built VLCC
Tokyo – ClassNK Archive Center (NKAC) has stored the first Ship Construction Files (SCF) complying with IMO Global Based Standards (GBS) for the NACKS-built 311,000 DWT VLCC delivered on 26 October 2018, managed by MOL Tankship Management (Asia) Pte. Ltd. To encourage design transparency and help ensure...
October 29th, 2018 | Classification Societies, Marine Equipment Products and Services, Shipbuilding and Shipyards, Tankers | Read More

A “sustained” fall with the BDI@1,577 …and WISTA 2018 event gets under way!

A “sustained” fall with the BDI@1,577  …and WISTA 2018  event gets under way!
John Faraclas The BDI (Baltic Dry Index) lost two points – an expected scenario so to speak – see our yesterday’s hint, and all things being equal expect the unexpected… Geopolitics with the fall of oil and other hiccups become interesting whilst the WISTA International AGM and Conference begins...
October 23rd, 2018 | Arctic Shipping, Associations, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Markets, Military, Reports, Statistics, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More