Archive for the ‘Tankers’ Category

Volatility knocks as Capers drop…

Volatility knocks as Capers drop…
John Faraclas With the BDI at 376, that’s ten points plus since yesterday, but with the Capers as volatile as ever dropping at 178 – minus two points since yesterday the markets continue to be an enigma; John Faraclas reports: The Panamaxes our favourite size and its respective index the BPI gained...
March 9th, 2016 | Associations, Comment, Markets, News, Sales and Purchases, Ship Demolitions, Ship Finance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Deep down @ 325 the BDI continues to be attractive… but geopolitics are scary!

Deep down @ 325 the BDI continues to be attractive… but geopolitics are scary!
John Faraclas Once again the low levels and uncertainty prevails with the BDI“gaining” three points thanks to the Supras’ 11 points plus …AND the Handies’  three points! John Faraclas happily writes: The Capers lost four points, now standing at 182 and the Panamaxes remained flat with the...
February 25th, 2016 | Associations, Chartering, Containers, Energy, Markets, Oil Industry, Sales and Purchases, Ship Demolitions, Ship Finance, Shipfinance, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

In search of a US Energy Strategy: the talk at ESCP

In search of a US Energy Strategy: the talk at ESCP
Dr. Kostas Andriosopoulos and David Koranyi Last night at the ESCP Campus in north London David Koranyi delivered and excellent speech on a very crucial issue given what takes place today in the energy front. Indeed an important as well as strategic speech which attracted with eleven questions the interest...
February 25th, 2016 | Communication, Energy, Environment, Events, Conferences,Forums and Symposiums, Gas, LNG, Oil Industry, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The attractive low BDI now makes waves…

The attractive low BDI now makes waves…
John Faraclas Amidst the economic and geopolitical turmoil one should not lose the appetite for gains; John Faraclas explains: With plus four points, the BDI at 322 is more than an attractive component to invest if you are capable these turbulent days the world of trade and transport lives! The Capers...
February 24th, 2016 | Academia, Associations, Canals, Comment, Containers, Dry Bulkcarriers, Energy, Featured, Holidays, HR, Immigration, Inland Waterways, Liner Shipping and Trade, LNG, Markets, Military, Mining, News, Oil Industry, Reefer Containers, Reefer ships, Sales and Purchases, Ship Demolitions, Shipbuilding and Shipyards, Shipfinance, Shipmanagement, Shipping Indices, Short-sea shipping, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce | Read More

At 318 the BDI continues to be an attractive component for shipping investments…

At 318 the BDI continues to be an attractive component for shipping investments…
John Faraclas At 318 the BDI continues to be an attractive component for shipping investments… John Faraclas’ antilog position: With just two point up due to the BSI 12 points plus since yesterday, the BDI as the title indicates an “attractiveness” for good shipping investments, given the...
February 23rd, 2016 | Chartering, Comment, Dry Bulkcarriers, Immigration, Markets, Oil Industry, Reefer Containers, Reefer ships, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Tanker market upside…

Tanker market upside…
Tanker market upside constrained by fleet growth and demand side risks Low oil prices present floating storage potential amid OPEC obstinacy on production. London,  February 16, 2016. The latest Tanker Freight Forecaster from Maritime Strategies International predicts limited upside for tanker earnings...
February 16th, 2016 | Markets, Tankers | Read More

Is this a Market …rebound?

Is this a Market …rebound?
The Baltic Exchange Hopes are high but we guess it is early days for any celebration whatsoever unless/until we see the safe level of 2, 000 in the BDI! John Faraclas reports: With four points plus, the second day in a row of and upwards trend the BDI is still very very low and conversely the entire...
February 15th, 2016 | Dry Bulkcarriers, Markets, Tankers | Read More

For sure you must now understand that the BDI stands @ 293…

For sure you must now understand that the BDI stands @ 293…
John Faraclas The first day of the Year of the Monkey was marred by the Baltic’s Dry Index new all times record low at 293 points, down four since last Friday the 5th of February! John Faraclas comments: Five points down for the BCI 2014 at 207; minus three for the Panamaxes and its respective BPI...
February 8th, 2016 | Chartering, Dry Bulkcarriers, Markets, Sales and Purchases, Ship Demolitions, Shipping Indices, Statistics, Tankers | Read More

@ 310 the BDI looks to settle

@ 310 the BDI looks to settle
John Faraclas reports on the state of the shipping markets: Another all-time record low of the BDI at 310, four points lower since yesterday! The Capers’ BCI 2014 gained two points posing at 217 whilst the Panamaxes and its respective BPI  staying  the same at 281… The Supras  went further down...
February 2nd, 2016 | Dry Bulkcarriers, Markets, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

A sea change…for the BDI @325…

A sea change…for the BDI @325…
John Faraclas Another 12 points down, another all times low record… making the BDI’s history more than interesting!  The John Faraclas daily market commentary: The Capes minus 19 points at 216 approaching the 200 barrier yet again. The Panamaxes’ BDI down 10 at 293 points; the Supras’ BSI...
January 28th, 2016 | Arctic Shipping, Chartering, Comment, Containers, Dry Bulkcarriers, Fixtures, Gas Carriers, Liner Shipping and Trade, LNG, LPG, Markets, Oil Industry, Reefer ships, Sales and Purchases, Ship Demolitions, Ship Finance, Shipping Indices, Short-sea shipping, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

First tanker with export oil cargo from Novoportovskoye field moored at FSO RPK NORD in Murmansk port

First tanker with export oil cargo from Novoportovskoye field moored at FSO RPK NORD in Murmansk port
The “Ice Condor”, first tanker laden with Arctic crude oil on January 28 2016 moored at the floating storage and offloading unit “RPK NORD”     Today, January 28 the Malta flagged Ice Condor, first tanker laden with Arctic crude oil on January 28 2016 moored at the Floating...
January 28th, 2016 | Arctic Shipping, Marine Insurance, Oil Industry, Tankers | Read More

Euronav announce Q4 Results 2015

Euronav announce Q4 Results 2015
FOURTH QUARTER RESULTS 2015 HIGHLIGHTS EBITDA USD 160.6 million: highest quarterly result since Q3 2008 Tanker fundamentals: remain healthy and look sustainable Ship sales: old vessels sold reducing average age of fleet ANTWERP, Belgium, 28 January 2016 – Euronav NV (NYSE: EURN & Euronext: EURN)...
January 28th, 2016 | Accountancy, Company Profiles, Markets, Reports, Sales and Purchases, Statistics, Stock Markets, Tankers | Read More

The BDI @ 337…and the Market completely bottoms-out

The BDI @ 337…and the Market completely bottoms-out
John Faraclas Hurray, amids the one-in-a-life-time Marine Money London conference at The Dorchester on Park Lane  during lunch when the indices were available, at last we are seeing the bottom so soon many troubles would seem far away* John Faraclas comments: The BDI was down eight points at 337, the...
January 27th, 2016 | Banking, Breaking News, Conferences, Seminars, Forums, Dry Bulkcarriers, Energy, Gas, LNG, LPG, Markets, Shipbuilding and Shipyards, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

At 345 the BDI opens a new chapter in Shipping’s History

At 345 the BDI opens a new chapter in Shipping’s History
John Faraclas Not even the volatile Capers can stop the Dry Markets from a total collapse creating yet another all time low BDI at 345! Something unimaginable for the hoi polloi, but not for those well understanding geopolitics and financial crisis issues, affecting shipping too…Not to mention...
January 26th, 2016 | At the end of the day..., Dry Bulkcarriers, Fixtures, Gas, Gas Carriers, Liner Shipping and Trade, LNG, Markets, News, Oil Industry, Sales and Purchases, Ship Demolitions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Stranded at 354 points the BDI does have a future…

Stranded at 354 points the BDI does have a future…
John Faraclas When last Friday I used the expression, “ ‘Thanks’ to the Capers …” you might have thought that I live in another word; no, not at all. The entire team here anticipates the gravity of the words as well as the situation in global shipping markets hence the wording, and same proved...
January 25th, 2016 | Dry Bulkcarriers, Markets, Military, Oil Industry, Piracy and Terrorism, Politics and Government, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Euronav announce sale of the VLCC “Famenne”

Euronav announce sale of the VLCC “Famenne”
ANTWERP, Belgium, 20 January 2016 – Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) today announces that the Company sold the VLCC Famenne (2001 – 298, 412 dwt), one of its two oldest VLCC vessels, for USD 38.4 million. The vessel is wholly owned by Euronav. The...
January 21st, 2016 | Markets, Sales and Purchases, Stock Markets, Tankers | Read More

Crashing BDI clocks 363…

Crashing BDI clocks 363…
John Faraclas Once again we witnessed yet another fall of the BDI, this time losing six points and clocking 363; that’s a real crush given what has happened over the last two years*.- Even if the markets rebound back and reach 2, 000, 3, 000 or even 6, 000 points the damage has been completed.- Despite...
January 19th, 2016 | Chartering, Dry Bulkcarriers, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI @ 369

The BDI @ 369
John Faraclas – picture credits LISW2015 FLICKR It is interesting how important the numbers are and Numerology is a must for all to understand and know what some fundamentals in life mean; if not, then the choice for losing / missing the boat  one day, it is yours. John Faraclas comments/ insight...
January 18th, 2016 | Breaking News, Comment, Dry Bulkcarriers, Insight, Markets, Politics and Government, Sales and Purchases, Ship Demolitions, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

EURONAV announce – trade update

EURONAV announce – trade update
ANTWERP, Belgium, 15 January 2016 – Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) today takes the opportunity to update investors on current market conditions in the large tanker market. Notwithstanding the current capital markets sentiment which seems to be predominantly negative,...
January 15th, 2016 | Markets, Reports, Statistics, Stock Markets, Tankers | Read More

The BDI at 383: as sure eggs is eggs*

The BDI at 383: as sure eggs is eggs*
No blah blah; the repercussions of the collapsed market can be found in the statements of all companies’ CEOs today and in the days to come before 90 centum are sold down the river… These are actions and statements in panic.- (full stop and period). So now we are in the most critical phase of...
January 14th, 2016 | Chartering, Dry Bulkcarriers, Markets, Military, News, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

The other side of the BDI’s catastrophe at 445…

The other side of the BDI’s catastrophe at 445…
John Faraclas Being cool and thinking positive, subject you have in place well in advance a contingency plan based on a pragmatic risk assessment, pays off! John Faraclas comments: You might think or believe that the collapse of the BDI and the drop in the stock markets – with China being in a...
January 7th, 2016 | Chartering, Energy, LNG, Markets, Military, Mining, News, Oil Industry, Reports, Sales and Purchases, Ship Demolitions, Shipbuilding and Shipyards, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

VesselsValue The Trumpet: High Tanker Demand 6 Jan. 2016

VesselsValue The Trumpet: High Tanker Demand 6 Jan. 2016
Wednesday 6 January 2016                       ...
January 6th, 2016 | Chartering, Containers, Dry Bulkcarriers, Markets, Tankers | Read More

Shipping Markets: Blessing in disguise*…!

Shipping Markets: Blessing in disguise*…!
John Faraclas Whilst “expecting” the lift off, on …ground zero the situ so far on Christmas Eve; John Faraclas notes: BDI standing at 483 points, that’s plus  three since yesterday; the BCI plus one at 470 points; Panamaxes and its BPI plus five at 462. BSI and BHSI at no change 450 and 270...
December 24th, 2015 | Chartering, Dry Bulkcarriers, Markets, News, Oil Industry, Ship Demolitions, Ship Finance, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Shipping Markets are just a flash in the pan*

Shipping Markets are just a flash in the pan*
John Faraclas With the BDI minus four points at 474, the Capers and its BCI index down 27 points at 485, and despite the Panamaxes dozen points up at 445 the markets and the respective Dry Indices are just a flash in the pan*! John Faraclas comments: The BSI remained unchanged at 449 points and the Handies’...
December 22nd, 2015 | Chartering, Comment, Containers, Dry Bulkcarriers, Fixtures, LNG, LPG, Markets, News, Sales and Purchases, Ship Demolitions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Wärtsilä integrated solution and expertise chosen for chemical tankers to be built in Vietnam

Wärtsilä integrated solution and expertise chosen for chemical tankers to be built in Vietnam
The new chemical tankers under construction at shipyards in Vietnam will feature a Wärtsilä integrated solution Wärtsilä Corporation, 16 December 2015 at 10 am EET – Three new 21, 800 dwt chemical tankers, under construction at two different shipyards in Vietnam owned by Triyards Holdings Limited,...
December 16th, 2015 | Marine Equipment Products and Services, Shipbuilding and Shipyards, Tankers, Technical, Technology | Read More