Archive for the ‘Tankers’ Category

The BDI@1,080: the fall continues… amid geopolitical uncertainty

The BDI@1,080: the fall continues… amid geopolitical uncertainty
John Faraclas The BDI@1,080: the fall continues… amid geopolitical uncertainty The BDI (Baltic Dry Index) fell 25 points losing the 1,100 points threshold. The Geopolitical uncertainty might create chaos which eventually might affect shipping in its entirety. John Faraclas’ brief midweek recap: ...
June 12th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, Reports, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

BIMCO Shipping Market Reports JUNE 2019 – part 2/2.

BIMCO Shipping Market Reports JUNE 2019 – part 2/2.
Peter Sand Oil tanker shipping and container shipping. Waiting for 2020 / Global demand growth in TEU is weak, but very unevenly distributed. Tanker shipping: While we wait for 2020 to kick in, it’s all about politics The tanker market is – even more so than before – all about geopolitics. Iran,...
June 12th, 2019 | BIMCO, Reports, Tankers | Read More

Markets in trouble …err tumble?

Markets in trouble …err tumble?
John Faraclas Markets in trouble …err tumble? The BDI (Baltic Dry Index) lost 20 points and now stands at 1,105; global picture: blurry… John Faraclas’ brief market recap: The Capes’ BCI lost its 1,800 point threshold and now stands at 1,798 – minus 50! The Panamaxes’ BPI fell 21 and now...
June 11th, 2019 | Chartering, Dry Bulkcarriers, Fixtures, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Performance Shipping Inc., announces agreements to acquire two Aframax Tankes and US$ 10.0 million investment by its chairman

Performance Shipping Inc., announces agreements to acquire two Aframax Tankes and US$ 10.0 million investment by its chairman
.. Performance Shipping Inc., announces agreements to acquire two Aframax Tankes and US$ 10.0 million investment by its chairman     ATHENS, GREECE, June 11, 2019 – Performance Shipping Inc. (NASDAQ:DCIX), (the “Company”), today announced that it has agreed to acquire two entities, which have...
June 11th, 2019 | News, Sales and Purchases, Story of the Day, Tankers | Read More

Dry indices: All in the red… Wets; that’s the wonder…

Dry indices: All in the red… Wets; that’s the wonder…
John Faraclas Dry indices: All in the red… Wets; that’s the wonder… The BDI (Baltic Dry Index) following a stagnation during the last two days of the previous week, today lost 13 points and now stands at 1,125. Geopolitics still messy. CAUTION…. John Faraclas’ brief market recap: The...
June 10th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, News, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI “stuck” at 1,138; geopolitics more than perplexed…

The BDI “stuck” at 1,138; geopolitics more than perplexed…
John Faraclas The BDI “stuck” at 1,138; geopolitics more than perplexed… The BDI remained as per yesterday’s closing at 1,138 but on a weekly basis same gained 42 points – from 1,096 (31/5)… thanks to the as ever volatile Capes… Geopolitics not just perplexed, extremely dangerous and things...
June 7th, 2019 | Anniversaries, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Health and Safety, Maritime Accidents, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Sovcomflot and VEB.RF sign financial agreements for the construction of LNG-fuelled MR tankers

Sovcomflot and VEB.RF sign financial agreements for the construction of LNG-fuelled MR tankers
Artem Dovlatov, CEO of VEB-Leasing (Left) and Nikolai Kolesnikov, EVP and CFO Sovcomflot (Right) Sovcomflot and VEB.RF sign financial agreements for the construction of LNG-fuelled MR tankers Today, at the St. Petersburg International Economic Forum (SPIEF), Sovcomflot and VEB.RF Group announced the...
June 7th, 2019 | Banking, LNG, Shipbuilding and Shipyards, Shipfinance, Tankers | Read More

Market “hiccups”…

Market “hiccups”…
John Faraclas Market “hiccups”… The BDI (Baltic Dry Index) lost three points today and now stands at 1,138; Geopolitics still in a mess. John Faraclas’ brief market data: The Capes continued their rise and the BCI stands at 1,826 points – plus 20… On the antipode so to speak the Panamaxes...
June 6th, 2019 | Chartering, Dry Bulkcarriers, Markets, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Capes’ rise “boost” BDI amid unexpected geopolitical developments to come…

Capes’ rise “boost” BDI amid unexpected geopolitical developments to come…
John Faraclas Capes’ rise “boost” BDI amid unexpected geopolitical developments to come… The BDI (Baltic Dry Index) gained another 19 points – same as yesterday and now stands at 1,141 Geopolitics messy and dangers loom in the background. John Faraclas’ brief recap: The Capes’ BCI continue...
June 5th, 2019 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Exhibitions, IMO, Markets, News, Organisations, Politics and Government, Reports, Ship Finance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, UN | Read More

Capes lift the BDI@1,122 amid global turmoil…

Capes lift the BDI@1,122 amid global turmoil…
John Faraclas Capes lift the BDI@1,122 amid global turmoil… The BDI (Baltic Dry Index) gained 19 points thanks to the Capes’ upsurge. Geopolitics in turmoil. John Faraclas’ brief recap: The Capes’ BCI surge of 89 points at 1,739 brought the BDI nearly half way through the BDI as of the end of...
June 4th, 2019 | Chartering, Dry Bulkcarriers, Markets, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Capes keep the BDI “buoyant”…

Capes keep the BDI “buoyant”…
John Faraclas Capes keep the BDI “buoyant”… The BDI (Baltic Dry Index) gained seven points earlier on today and now, thanks to the Capes, stands at 1,103 points. Geopolitics remain messy in all fronts. John Faraclas’ brief recap: The Capes’ BCI was up 30 points and now stands at 1,650… Ten...
June 3rd, 2019 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

What an odd Dry and Wet market-week that was…

What an odd Dry and Wet market-week that was…
John Faraclas What an odd Dry and Wet market-week that was… The BDI (Baltic Dry Index) ended one point down at  1,096 points; on a weekly basis though same was up 30 points – from 1,066 (24/5). Geopolitics already make life uncomfortable all over Planet Ocean; John Faraclas’ daily and weekly recap: The...
May 31st, 2019 | Chartering, Comment, Conferences, Seminars, Forums, Cruise Ferry, Dry Bulkcarriers, Environment, Events, Exhibitions, Maritime Tourism, Markets, Military, News, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI “hiccups” …return

The BDI “hiccups” …return
John Faraclas The BDI “hiccups” …return The BDI (Baltic Dry Index) fell ten points earlier on today and now reads 1,097, thanks to the as ever volatile Capes. Geopolitics turn to become soon a Yellowstone… John Faraclas brief daily recap: The Capes’ BCI lost 36 points and now stands at 1,623… Just...
May 30th, 2019 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

The BDI@1,107; Geopolitics still perplexed but Sea Tourism can thrive…

The BDI@1,107; Geopolitics still perplexed but Sea Tourism can thrive…
John Faraclas The BDI@1,107; Geopolitics still perplexed but Sea Tourism can thrive… The BDI (Baltic Dry Index) gained 25 points thanks to another “surge” by the Capes; the Geopolitics not just perplexed, it’s more than in a mess. John Faraclas’ brief market recap: The Capes’ BCI...
May 29th, 2019 | Chartering, Conferences, Seminars, Forums, Cruise Industry, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,082; Supras “spoil” the broth…

The BDI@1,082; Supras “spoil” the broth…
The BDI@1,082; Supras “spoil” the broth… John Faraclas The BDI (Baltic Dry Index) ended up 16 points earlier on today following the long weekend due to the spring Holiday as well as due to end of the European Union’s election process. Now if we have so far stressed the perplexed and enigmatic...
May 28th, 2019 | Arctic Shipping, Art and auctions, Associations, Charity, Chartering, Classification Societies, Climate, Construction, Consumers Market, Container shipping, Containers, Cruise Ferry, Cruise Industry, Dry Bulkcarriers, Emissions, Energy, Environment, European Union, Holidays, HR, IMO, Insurance and Reinsurance, IT and Communications, LNG, Manning - Seafarers and Offshore, Marinas, Maritime Art, Maritime Education and Training, Maritime Tourism, Markets, Mediterranean Shipping, News, Oceanology, Oil Industry, Organisations, Paintings and Sculpture, People and Places, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Press and Media, Religion, Reports, Sailing, Shipping Centers, Shipping Indices, Short-sea shipping, Sports, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce, Weather, Yachting | Read More

Minor Dry hiccups with the BDI down to 1,066*

Minor Dry hiccups with the BDI down to 1,066*
Minor Dry hiccups with the BDI down to 1,066* The BDI (Baltic Dry Index) lost two points since yesterday and now reads 1,066… Geopolitics continue to be messy and soon detrimental for all. WISTA Hellas makes s splash with its successful WISTA Med biennial event at Costa Navarino – south west...
May 24th, 2019 | Associations, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Markets, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More

The BDI@1,068, messy geopolitics and WISTA-Med making the big splash!

The BDI@1,068, messy geopolitics and WISTA-Med making the big splash!
. The BDI@1,068, messy geopolitics and WISTA-Med making the big splash! The BDI (Baltic Dry Index) gained nine points earlier on today keeping the upwards momentum “alive”. John Faraclas’ brief market recap: The Capes’ BCI was up 21 points at 1,558… The Panamaxes’ BPI was up 119 and now reads...
May 23rd, 2019 | Chartering, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Food and Drink, Holidays, Markets, Military, Reports, Shipping Indices, Tankers, Tourism, Trade and Commerce, WISTA - Women in Shipping | Read More

The BDI@1,059 …and the world goes round

The BDI@1,059 …and the world goes round
John Faraclas The BDI@1,059 …and the world goes round      The BDI (Baltic Dry Index) gained ten points earlier on today, thanks mainly to the Capes and to a lesser extent to the Panamaxes amid the approaching Armageddon in all fronts; John Faraclas’ midweek market brief: The Capes’ BCI gained...
May 22nd, 2019 | Anniversaries, Chartering, Conferences, Seminars, Forums, Containers, Dry Bulkcarriers, Emissions, Environment, Events, Markets, Military, Pollution, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More

An enigmatic Capes’ market; end of the story

An enigmatic Capes’ market; end of the story
John Faraclas An enigmatic Capes’ market; end of the story The BDI (Baltic Dry Index) gained eight points and now stands at 1,049 amid an explosive geopolitical environment. John Faraclas brief recap: The Cape’s BCI went over and above – by a whisker, the 1,501 points. These 31 plus points make...
May 21st, 2019 | Chartering, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,041; …slow steaming or loss of steam?

The BDI@1,041; …slow steaming or loss of steam?
John Faraclas The BDI@1,041; …slow steaming or loss of steam? The BDI (Baltic Dry Index) remained close to last Friday’s levels gaining only one point. Geopolitics continue to be perplexed and messy. John Faraclas’ daily recap: The Capes’ BCI was up seven points at 1,470… The Panamaxes’...
May 20th, 2019 | Chartering, Climate, Dry Bulkcarriers, Environment, Markets, News, Oceanology, Pollution, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More

Still a Capes’ market amid unexpected geopolitical turmoil

Still a Capes’ market amid unexpected geopolitical turmoil
John Faraclas Still a Capes’ market amid unexpected geopolitical turmoil The BDI (Baltic Dry Index) maintained its upwards mode gaining eight points since yesterday and now stands at 1,040. Geopolitical turmoil though will turn things upside down; John Faraclas’ daily and weekly recap: The BDI’s...
May 17th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Politics and Government, Port Conditions, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Denis Petropoulos appointed new Baltic Exchange Chairman

Denis Petropoulos appointed new Baltic Exchange Chairman
Dennis Petropoulos Denis Petropoulos appointed new Baltic Exchange Chairman Denis Petropoulos has been elected Chairman of the Baltic Exchange Council with effect from 1 June 2019. He replaces Duncan Dunn who has held the position since January 2018. Denis Petropoulos was a founding partner of Braemar...
May 17th, 2019 | Chartering, Company Profiles, Dry Bulkcarriers, News, People and Places, Person Profiles, Story of the Day, Tankers | Read More

The BDI@1,032; stagnation or lack of steam…

The BDI@1,032; stagnation or lack of steam…
John Faraclas The BDI@1,032; stagnation or lack of steam… The BDI (Baltic Dry Index) remained strangely enough unchanged given the odd figures of all indices which doesn’t match-up as it should have been on the plus! Geopolitics enter a weird phase; John Faraclas’ brief recap: The Capes were up...
May 16th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Market hiccups with the BDI down to 1,032…

Market hiccups with the BDI down to 1,032…
John Faraclas; picture credits Anny Zade Market hiccups with the BDI down to 1,032… The BDI (Baltic Dry Index) lost 11 points thanks – obviously, to the Capes’ ups and downs. Geopolitics still in a mess and the Hellenic Platform of women Scientists make their presence felt! John Faraclas’...
May 15th, 2019 | Academia, Associations, Chartering, Dry Bulkcarriers, Events, HR, Marinas, Markets, News, Politics and Government, Pollution, Ports & Terminals, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Technology, Tourism, Trade and Commerce, WISTA - Women in Shipping | Read More

PAO Sovcomflot: Q1 2019 Results

PAO Sovcomflot: Q1 2019 Results
Sergey Frank President & CEO of Sovcomflot PAO Sovcomflot: Q1 2019 Results (three months to 31 March 2019) Strong start to 2019 as conventional tanker markets improve PAO Sovcomflot (SCF Group), a world leader in energy shipping and offshore services to the oil and gas industry, today reported...
May 15th, 2019 | Accountancy, Markets, Reports, Shipmanagement, Tankers | Read More