Archive for the ‘Tankers’ Category

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

No sustainability for the BDI@1579…

No sustainability for the BDI@1579…
John Faraclas The BDI clinched just three points earlier on today and look vulnerable for an imminent fall; geopolitics continue to be messy. John Faraclas’ brief recap: The Capes’ BCI gained 66 points keeping the BDI afloat and now stands at 2,296; CAUTION! Losses for the Panamaxes’ BPI  now...
October 22nd, 2018 | Arctic Shipping, Associations, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Markets, Military, Reports, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More

Stranded BDI@1,576… Mixed Wets and Messy Geopolitics

Stranded BDI@1,576… Mixed Wets and Messy Geopolitics
John Faraclas The BDI (Baltic Dry Index) closed earlier on today 11 points up since yesterday at 1,576 which is though minus three points down since last week’s 1,579 points! Mixed Wets with the Dirties improving… Geopolitics a liability for all in a bankrupt Planet Ocean – most issues which...
October 19th, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More

Record numbers attend TMS Tanker Conference

Record numbers attend TMS Tanker Conference
.. The decision to move this year’s TMS Tanker Conference to The Atlantis Dubai payed off in a big way, with a more than 90% increase the number of attendees in the ballroom. The one-day event, held on Tuesday 16th October, attracted over 220 delegates, a record-breaking number. Trevor Pereira, managing...
October 17th, 2018 | Events, Conferences,Forums and Symposiums, Tankers | Read More

The BDI@1,578: an expected volatility and contained fall…

The BDI@1,578: an expected volatility and contained fall…
John Faraclas The BDI (Baltic Dry Index) lost six points thanks to the Capes’ fall… Geopolitics as crucial as ever… particularly on the platoon and financial sector… John Faraclas daily briefing: The Capes’ BCI was down 25 points at 2,164 – …the classic volatile size… Panamaxes were...
October 16th, 2018 | Associations, Chartering, Dry Bulkcarriers, Emissions, Environment, Events, Conferences,Forums and Symposiums, Health and Safety, HR, Intermanager, Maritime Education and Training, Markets, Military, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI still “stranded”

The BDI still “stranded”
John Faraclas The BDI (Baltic Dry Index) although was up five points standing at 1,584 points in reality same is stranded! Geopolitics and in particular the Trade Wars and Bankruptcy will turn things sour. John Faraclas’ daily briefing: The Capes’ BCI gained 20 points and now reads 2,189; the only...
October 15th, 2018 | Chartering, Dry Bulkcarriers, Markets, Regulatory, Reports, Shipmanagement, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Gains for the BDI and the Wets amid mini financial hiccups…

Gains for the BDI and the Wets amid mini financial hiccups…
John Faraclas The BDI (Baltic Dry Index) ended the week with 64 points plus since yesterday at 1,579 and 43 since last week’s 1,536 points… The Geopolitics and in particular the financial situation on Planet Ocean remains enigmatic. John Faraclas’ brief daily and weekly recap: A good triple rise...
October 12th, 2018 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Markets dive but Shipping Markets resurface…

Markets dive but Shipping Markets resurface…
John Faraclas Despite the fact that the World Stock Markets dive the odd happened and the Shipping Markets are all in black. Geopolitics though in …red. John Faraclas’ brief market recap: The BDI@1,515 +22 points; pinch me… The Capes’ BCI  up 56 at 2,005 surpassing the 2,000 point threshold… The...
October 11th, 2018 | Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Contained losses with the BDI@1,493

Contained losses with the BDI@1,493
John Faraclas The BDI (Baltic Dry Index) fell another ten points losing the threshold of the 1,500 points but doesn’t look  too worrying unless… The Geopolitics on the same level as yesterday with the Economic mess ready to engulf Planet Ocean and make the World suffer for another ten years. John...
October 10th, 2018 | Chartering, Dry Bulkcarriers, Environment, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

BDI’s contained fall at 1,530…

BDI’s contained fall at 1,530…
John Faraclas The BDI  (Baltic Dry Index) lost six points earlier on today, a rather contained fall thanks to the Panamaxes upwards “trend” as the Capes’ fall triggers worries… Geopolitics go bankrupt… John Faraclas’ brief market recap: The Capes’ BCI lost 39 points and now stand at ...
October 8th, 2018 | Chartering, Dry Bulkcarriers, Insight, Markets, News, Piracy and Terrorism, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

Intertanko chairman confirmed to speak at Dubai tanker conference

Intertanko chairman confirmed to speak at Dubai tanker conference
Nick Tsakos One of the main attractions at this year’s TMS Tanker Conference, which takes place on October 15th at Atlantis, the Palm, Dubai, is the keynote speech of the influential Greek shipowner and chairman of Intertanko, Nikolas Tsakos. Mr Tsakos has been chairman of this important organisation...
October 6th, 2018 | Associations, Events, Conferences,Forums and Symposiums, Intertanko, Tankers | Read More