Archive for the ‘Tankers’ Category

A warning on BDI’s downfall and explosive geopolitics…

A warning on BDI’s downfall and explosive geopolitics…
John Faraclas Never ever before the shipping markets and conversely the shipping industry was faced with such an uncertainty with geopolitics being as explosive as never before totally affecting all sectors; John Faraclas’ warning report: The BDI (Baltic Dry Index) was down another  ten points closing...
July 21st, 2016 | Containers, Dry Bulkcarriers, European Union, IMO, Markets, Military, News, Oil Industry, Organisations, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

TCM. implements TCPMS through Seagull’s Competence Manager platform.

TCM. implements TCPMS through Seagull’s Competence Manager platform.
Capt. Panagiotis Drosos , TCM Managing Director, Mr. Ioannis Athanasopoulos Managing Director of Seagull Greece, Mr. Sokratis Dimakopoulos , TCM Deputy Managing Director and Capt. George Vlachos, HR – Training Director of TCM, at the “Maria Tsakos TCM Academy” in Athens. Tsakos Columbia Shipmanagement...
July 21st, 2016 | Shipmanagement, Tankers | Read More

“K” Line and KLPL to Invest in Next Generation VLCC and AFRAMAX

“K” Line and KLPL to Invest in Next Generation VLCC and AFRAMAX
Kawasaki Kisen Kaisha, Ltd. (“K” Line) and “K” Line Pte Ltd. (KLPL), have signed the ship building contracts for three next generation VLCCs and two AFRAMAX tankers in line with their fleet upgrading plan under the newly-reformed Medium-Term Management Plan, “    Value for our Next Century...
July 7th, 2016 | Shipbuilding and Shipyards, Tankers | Read More

BDI’s unsustainability continues

BDI’s unsustainability continues
John Faraclas With just two points plus today and the BDI at 694 proves that the steam has gone and uncertainty might engulf once again the Markets; Geopolitics continue to become more bleak! John Faraclas’ daily recapitulation: The BCI 2014, the Capers’ volatile index lost another 15 points today...
July 6th, 2016 | Chartering, Dry Bulkcarriers, Markets, News, Tankers | Read More

Unsustainable BDI@692…

Unsustainable BDI@692…
John Faraclas With only four points plus, once again the BDI proves unsustainable; add Geopolitical uncertainty and see what you get. John Faraclas’ daily recap: The BCI 2014, the Capers’ volatile index lost 15 points after an 100 points rally with the only achievement that of going over and above...
July 5th, 2016 | Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Tankers | Read More

@688… the BDI is at least on the plus…

@688… the BDI is at least on the plus…
John Faraclas The Dry markets are getting slowly but steadily slightly better, in contrast with muddy Geopolitics; John Faraclas daily briefing: With 11 points plus the BDI (Baltic Dry Index) changes the otherwise bleak mood, given the worsening geopolitics… Both the Capes and Panamaxes respective...
July 4th, 2016 | Containers, Dry Bulkcarriers, Markets, Oil Industry, Sales and Purchases, Ship Demolitions, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI had its day; so did BREXIT…

The BDI had its day; so did BREXIT…
Nothing changed at Pindar Plaza off Liverpool Street Station; business as usual… John Faraclas’ weekly shipping market recap and the Referendum …puzzle-result message: Agatha Christie would have loved it: “13 for luck”* and the BDI goes …above the 600 threshold -now reading 609...
June 24th, 2016 | Chartering, Containers, Dry Bulkcarriers, European Union, Insight, Markets, Oil Industry, Politics and Government, Shipping Centers, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

DNV GL Tanker Update | Issue 01-2016

DNV GL Tanker Update | Issue 01-2016
Viewers can find below the links to DNV GL’s customer magazine for the shipping industry: TANKER UPDATE – Issue 01-2016 I N D E X CYBERSECURITY NEW DNV GL RULES ENVIRONMENTAL REGULATIONS METHANOL-FUELLED SHIPS Log-on right for the first one: SAFER, SMARTER, GREENER    and for the second...
June 24th, 2016 | Classification Societies, Communication, Reports, Tankers | Read More

The BDI@582 enters a dangerous period; so does Geopolitics…

The BDI@582 enters a dangerous period; so does Geopolitics…
John Faraclas The Baltic Dry Index (BDI) and Geopolitics are a matter of concern as if not properly tackled by all involved stakeholders, the liabilities will be catastrophic for all; John Faraclas daily briefing: Down five points and the BDI@582 posses as a threat for the dry AND wet markets, needless...
June 20th, 2016 | Dry Bulkcarriers, Insight, Markets, Military, News, Piracy and Terrorism, Politics and Government, Statistics, Stock Markets, Tankers | Read More

The Markets: And so to …bet?

The Markets: And so to …bet?
John Faraclas Our warning yesterday, a repeat from May’s first warning, come out verbatim right and the BDI went under the 600 point mark; John Faraclas daily Market briefing: The BDI lost six points and now reads 598; a …eventuality worth studying as things might get sour, unless something spectacular...
June 16th, 2016 | Breaking News, Dry Bulkcarriers, Markets, Statistics, Stock Markets, Tankers | Read More

Dropping BDI, even one point, sends alarms…

Dropping BDI, even one point, sends alarms…
John Faraclas Reality bites and the markets cannot escape yet  from uncertainty and geopolitical coming tsunamis; John Faraclas daily market briefing: Another point down brought the BDI to 608 points, despite its best sizes – being volatile too, gaining …ground… The BCI 2014 – our volatile...
June 14th, 2016 | Comment, Dry Bulkcarriers, Markets, Oil Industry, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Springfield Shipping Co. Embarking on Further Deployment of Eniram’s Energy Efficiency Technology

Springfield Shipping Co. Embarking on Further Deployment of Eniram’s Energy Efficiency Technology
Nick Pinkney – picture credits Eniram 9 June 2016 – Leading Greek company Springfield Shipping Co. today announced that Eniram, the leading provider of energy management technology and analytic services to the shipping industry, has been selected for a further roll out of their energy efficiency...
June 9th, 2016 | Energy, Marine Equipment Products and Services, Shipmanagement, Tankers | Read More

Keeping your cards close to your chest

Keeping your cards close to your chest
The panel Keeping your cards close to your chest; this is the message I’ve got earlier on tonight following the great debate – as you might have seen same uploaded in the social media and probably in the news. It was a debate only between the panellists, given just three questions aired from...
June 5th, 2016 | Associations, Banking, Chartering, Company Profiles, Consulting, Consumers Market, Corporate Social Responsibility, Dry Bulkcarriers, Energy, Environment, Events, Conferences,Forums and Symposiums, Gas, LNG, LPG, Markets, Oil Industry, Sales and Purchases, Ship Demolitions, Shipbuilding and Shipyards, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers, Technology | Read More

BDI gains from Capers, but otherwise markets deep to the abyss

BDI gains from Capers, but otherwise markets deep to the abyss
John Faraclas The BDI@610 is preparing all stakeholders for possible hiccups; John Faraclas’ weekly recap: The BDI (Baltic Dry Index) gained just four points since yesterday and four since last week’s 606 points, thanks to the volatility of the Capers. All other sizes are in limbo… The Capers and...
June 3rd, 2016 | Chartering, Dry Bulkcarriers, Markets, Sales and Purchases, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

University of Greenwich’s Department of Applied Engineering & Management TOFS 2016 symposium

University of Greenwich’s Department of Applied Engineering & Management TOFS 2016 symposium
Blake House, one of the buildings at University of Greenwich – Medway Campus TOFS SYMPOSIUM – THE OIL, FINANCE & SHIPPING SYMPOSIUM,  UNIVERSITY OF GREENWICH, WEDNESDAY 31ST AUGUST 2016 CALL FOR PAPERS The University of Greenwich’s Department of Applied Engineering & Management,...
June 2nd, 2016 | Associations, Education and Training, Energy, Environment, Events, Conferences,Forums and Symposiums, Gas, LNG, LPG, Maritime Education and Training, Oil Industry, Oil Platforms and Rigs, Tankers | Read More

Euronav announce termination of Suezmax joint venture

Euronav announce termination of Suezmax joint venture
ANTWERP, Belgium, 19 May 2016 – Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav”) today announces that it has agreed with Bretta Tanker Holdings Inc. (“Bretta”) to terminate its Suezmax joint venture. The joint venture covers four Suezmax vessels: the Captain Michael (2012 –...
May 20th, 2016 | Associations, Energy, Markets, Tankers | Read More

VesselsValue: We now cover Offshore Support Vessels

VesselsValue: We now cover Offshore Support Vessels
                                                    Twitter             LinkedIn              Facebook...
May 18th, 2016 | Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

BDI’s fall continues…

BDI’s fall continues…
John Faraclas The BDI’s continuous fall puts global shipping in new perspective; John Faraclas daily market briefing: Down 22 points and the BDI went below the 600 points mark, now standing at 594 and puts global shipping not just a new, but in a strange perspective! The volatile Capers lost 85 points...
May 10th, 2016 | Dry Bulkcarriers, Markets, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Mid-week weak Market blues…

Mid-week weak Market blues…
John Faraclas We do not hold any crystal ball when we write on the shipping markets; no one does! We try to be as pragmatic as we can; John Faraclas assesses today’s BDI’s 710 points: At 710 points the Baltic Dry Index (BDI) is down five points, thanks to the Capers’ BCI 2014 23 points drop followed...
April 28th, 2016 | Dry Bulkcarriers, Markets, Sales and Purchases, Ship Demolitions, Shipping Indices, Statistics, Tankers | Read More

One week to go before All-Energy 2016 opens in Glasgow

One week to go before All-Energy 2016 opens in Glasgow
Busy aisles and stands were a feature of All-Energy 2015 This time next week exhibitors from 14 countries will be getting their stands ready at Glasgow’s Scottish Exhibition and Conference Centre (SECC) in anticipation of the opening on Wednesday morning (4 May) of All-Energy 2016, the UK’s largest...
April 26th, 2016 | Alternative Sources of Energy, Drill ships, Energy, Environment, Events, Conferences,Forums and Symposiums, Exhibitions, Gas, LNG, LPG, Markets, Oil Industry, Oil Platforms and Rigs, Supply ships, Tankers, Trade and Commerce | Read More

Capers’ volatility adds to the BDI’s and market’s suspense…

Capers’ volatility adds to the BDI’s and market’s suspense…
John Faraclas The BDI close today at 688 points – that is an 18 points plus, but… as John Faraclas explains, things are getting off-hand! The Capers’ BCI 2014 was 81 points up at 1, 085, …”mirroring” the 18 points down of yesterday  and with the 18 points up of the BDI makes it an...
April 22nd, 2016 | Comment, Dry Bulkcarriers, Fixtures, Markets, Piracy and Terrorism, Ports & Terminals, Sales and Purchases, Ship Demolitions, Ship Finance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

AET signs agreement to acquire 100% of Paramount Tankers

AET signs agreement to acquire 100% of Paramount Tankers
Captain Rajalingam Subramaniam Singapore – AET has agreed to purchase the remaining 50% of Paramount Tankers that it currently jointly owns (under a 50/50 joint venture agreement) with Golden Energy Tanker Holdings. Paramount Tankers is a JV which owns and operates six Aframax vessels. Commercial...
April 22nd, 2016 | Mergers and Acquisitions, Tankers | Read More

Crowley Takes Delivery of Louisiana, Third Jones Act Tanker with LNG Capability

Crowley Takes Delivery of Louisiana, Third Jones Act Tanker with LNG Capability
The “Louisiana” (PHILADELPHIA, April 15, 2016)Crowley Maritime Corp. took delivery today of Louisiana, the third of four new, Jones Act product tankers being built for the company by Philly Shipyard, Inc. (PSI), the sole operating subsidiary of Philly Shipyard ASA. The delivery marks another...
April 15th, 2016 | News, Shipbuilding and Shipyards, Tankers, Technology | Read More

Sovcomflot’s Board of Directors expresses its satisfaction with company’s performance in 2015

Sovcomflot’s Board of Directors expresses its satisfaction with company’s performance in 2015
At a meeting held in Moscow on 13 April 2016, the Board of Directors of PAO Sovcomflot reviewed the results of the company’s operations during 2015.  The Board gave provisional approval to the company’s 2015 annual report and accounts. In accordance with the company’s established dividend policy,...
April 13th, 2016 | Accountancy, Oil Industry, Reports, Tankers | Read More

The BDI beats at 487; the world’s on fire…

The BDI beats at 487; the world’s on fire…
John Faraclas With no significant changes the BDI closed earlier today at 487 points – 16 plus since yesterday. Only the Capers and Panamaxes “did” …the trick gaining 42 and 33 points respectively standing at 466 the BCI 2014 and 596 the BPI; John Faraclas reports: So nothing spectacular...
April 5th, 2016 | Comment, Energy, European Union, Headlines, Markets, Military, News, Piracy and Terrorism, Politics and Government, Ports & Terminals, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More