Archive for the ‘Tankers’ Category

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

Wärtsilä propellers will drive new Greek Aframax tankers

Wärtsilä propellers will drive new Greek Aframax tankers
A Wärtsilä Fixed Pitch Propeller fitted with the EnergoProFin Wärtsilä Corporation, 24 March 2016 at 10 am EET – TMS Tankers Ltd, one of the largest Greece based shipping fleet operators, has selected Wärtsilä fixed pitch propellers (FPPs) for its new vessels under construction in China....
March 24th, 2016 | Marine Equipment Products and Services, Shipbuilding and Shipyards, Tankers, Technical, Technology | Read More

Oil market fundamentals set to support volatile Q2…

Oil market fundamentals set to support volatile Q2…
Oil market fundamentals set to support volatile Q2 crude and product tanker earnings MSI’s proprietary tanker market model predicts improved earnings for larger and smaller vessels on strong oil supply and higher refinery runs London,  March 22, 2016. The latest Tanker Freight Forecaster from Maritime...
March 22nd, 2016 | Energy, Markets, Oil Industry, Reports, Tankers | Read More

Only at 2, 000 plus points the BDI(and Shipping) will make sense…

Only at 2, 000 plus points the BDI(and Shipping)  will make sense…
John Faraclas Whilst the BDI is…approaching the 400 points threshold, in reality and despite what the media and analysts report, as well as what the owners and managers want – needless to say the expectations from the stock markets for the listed companies and the financiers’ interest, given...
March 21st, 2016 | Chartering, Civil Unrest, Containers, Corruption, Disputes, Dry Bulkcarriers, Fixtures, Gas, Health and Safety, Immigration, Markets, News, Oil Industry, Safety and Security, Sales and Purchases, Sanctions, Ship Demolitions, Ship Finance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

At 393 the BDI has a long way to go…

At 393 the BDI has a long way to go…
John Faraclas An overall plus day for all the Baltic indices; the BDI plus five, the Capers at 179 (plus three), the BPI plus four at 481, the Supras on a plus seven points standing at 427 points and the BHSI on plus three clocking 252 points gave a promising start for this week. The Wets too with the...
March 14th, 2016 | Energy, Events, Conferences,Forums and Symposiums, Exhibitions, Liner Shipping and Trade, LNG, Markets, Oil Industry, Reefer ships, Sales and Purchases, Ship Demolitions, Shipfinance, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

2016 Annual Statistical Data on Greek Controlled Shipping

2016 Annual Statistical Data on Greek Controlled Shipping
GREEK CONTROLLED SHIPPING   Αn information paper based on data provided to the GSCC by Lloyd’s Register of Shipping – Fairplay For the 29th consecutive year the GSCC presents statistical data, in the form of 11 tables, attached hereto, on Greek controlled ships over 1, 000 GT, registered under...
March 11th, 2016 | Associations, Container shipping, Dry Bulkcarriers, Flags, Gas Carriers, LNG, LPG, News, Reefer ships, Ro-Ro and Passenger Ferries, Statistics, Tankers | Read More

MISC and AET to merge chemical and product tanker fleets

MISC and AET to merge chemical and product tanker fleets
MISC Berhad – one of the world’s leading international energy logistics groups – announces that it is to merge its chemical fleet with the clean petroleum products (CPP) fleet operated by its wholly owned petroleum subsidiary, AET. Under new arrangements, AET will take over the 13 chemical vessels...
March 11th, 2016 | Energy, LNG, Logistics, LPG, Mergers and Acquisitions, Tankers | Read More

Energy International Risk Assessment (EIRA) Newsletter March 2016

Energy International Risk Assessment (EIRA) Newsletter March 2016
George Hatziioannou, EIRA’ editor EIRA’ s March 2016 Newsleter is out; we begin with EIRA’s editor Lettter, being also an interesting statement: Our independent, specialised monthly newsletter Energy International Risk Assessment (EIRA) will soon be celebrating its third year of circulation....
March 10th, 2016 | Associations, Communication, Energy, Gas, Gas Carriers, Insight, LNG, LPG, Markets, Oil Industry, Oil Platforms and Rigs, Reports, Statistics, Tankers | Read More

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