Archive for the ‘News’ Category

Radical risk-sharing rethink, Advancing the European regulatory agenda

Radical risk-sharing rethink, Advancing the European regulatory agenda
Commentary: Radical risk-sharing rethink By Marcello Minenna in Milan Now that the ECB’s four-year €2.6tn bond-buying programme is coming to an end, there are other ways, more overt and effective, to stabilise monetary union, through a more concentrated form of risk-sharing. The first step would...
December 19th, 2018 | Comment, Conferences, Seminars, Forums, News | Read More

Ministers head for cliff edge by failing to end overfishing

Ministers head for cliff edge by failing to end overfishing
.. After a long night of negotiations, the EU’s Fisheries Council agreed fishing limits for the North Sea and North-East Atlantic that will see overfishing continue in 2019. This was the penultimate chance for Ministers to meet their legal obligations under the Common Fisheries Policy to end overfishing...
December 19th, 2018 | Environment, European Union, Fisheries, Food and Drink, Oceanology | Read More

Shipping, logistics and marine giant GAC to set up operations at Khalifa Industrial Zone Abu Dhabi (KIZAD)

Shipping, logistics and marine giant GAC to set up operations at Khalifa Industrial Zone Abu Dhabi (KIZAD)
  Samir Chaturvedi, KIZAD CEO and GAC Abu Dhabi’s Managing Director, Göran Eriksson Leading integrated shipping, logistics and marine services provider GAC is opening a warehouse and open yard in the Middle East’s largest industrial zone and a subsidiary of Abu Dhabi Ports, Khalifa Industrial...
December 18th, 2018 | Company Profiles, Construction, Consumers Market, Gas, Logistics, News, Oil Industry, Ports & Terminals, Ship Agencies | Read More

Mild upturn with the BDI@1,406…

Mild upturn with the BDI@1,406…
John Faraclas The BDI (Baltic Dry Index) clinched five points  despite that 99 centum of all dry indices was on the rise, even low key… Strange things… The Wets …falling and Geopolitics now produce tsunamis… John Faraclas’ daily brief recap: The Capes’ BCI gained 50 points and now read 2,433… The...
December 17th, 2018 | Charity, Events, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

Columbia takes optimisation to the next level

Columbia takes optimisation to the next level
Ms Natasa Pilides, Deputy Minister of Shipping, Republic of Cyprus and Mark O’Neil, President of Columbia Shipmanagement Columbia Shipmanagement formally opened its high-tech Performance Optimisation Control Room on Friday 14 December in Cyprus. The opening ceremony was attended by Ms Natasa Pilides, Deputy...
December 17th, 2018 | IT and Communications, Markets, News, Shipmanagement | Read More

Diana Containerships Inc. announces date for its 2019 Annual Meeting of Shareholders

Diana Containerships Inc. announces date for its 2019 Annual Meeting of Shareholders
.. ATHENS, GREECE, December 17, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, announced today that its Board of Directors (the “Board”) has scheduled the Company’s Annual Meeting of Shareholders...
December 17th, 2018 | Container shipping, Containers, Markets, Stock Markets | Read More

2018: The year we see HMS Queen Elizabeth officially enter into LR Class

2018: The year we see HMS Queen Elizabeth officially enter into LR Class
Nick Brown, LR Marine & Offshore Director, handing over the class certificates to HMS Queen Elizabeth’s Commanding Officer, Captain Kyd 17 December 2018 – The largest warship to be built in Britain, the 65,000-tonne aircraft carrier, HMS Queen Elizabeth, was officially welcomed into Lloyd’s...
December 17th, 2018 | Classification Societies, Military, News, Shipbuilding and Shipyards | Read More

Trump’s trade policies backfiring, Ahead of the ECB

Trump’s trade policies backfiring, Ahead of the ECB
Commentary: Trump’s trade policies backfiring By Desmond Lachman in Washington Something is going very wrong with the US administration’s effort to reduce the US trade deficit. It has been increasing steadily. It now stands at its highest level in the past 10 years and shows every sign of rising....
December 17th, 2018 | Markets, News, Politics and Government | Read More

The BDI@1,401 within the context of a new Geopolitical mayhem…

The BDI@1,401 within the context of a new Geopolitical mayhem…
John Faraclas The BDI (Baltic Dry Index) was up 36 points earlier on today and 29 since last week’s closing of 1,372 points – despite earlier mild hiccups (11 and 12 of Dec). Thanks to the volatile and predictably unpredictable Capes, it managed to stay afloat and “offer” a possible Christmas...
December 14th, 2018 | European Union, News, Politics and Government, Religion, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Power vacuum points to no-deal Brexit, The retreat of globalisation

Power vacuum points to no-deal Brexit, The retreat of globalisation
Commentary: Power vacuum points to no-deal Brexit Theresa May By Joergen Oerstroem Moeller in Singapore With her back to the wall, Theresa May seems to have forged a strategy to achieve her goals, however lofty or improbable they seem. If the opposition parties in parliament and those Conservatives who...
December 14th, 2018 | Comment, European Union, News, Organisations, Politics and Government | Read More

Ultramax bulker vessel installed with ‘wind engines’ named 2018’s ‘Ship of the Year’

Ultramax bulker vessel installed with ‘wind engines’ named 2018’s ‘Ship of the Year’
The MV Afros, an Ultramax bulk carrier fitted with Anemoi’s Flettner Rotor system, has been named ‘Ship of the Year’ at the prestigious Lloyd’s List Greek Shipping Awards 2018. The 64,000 dwt newbuild vessel, managed by Piraeus-based Blue Planet Shipping, is the first geared...
December 13th, 2018 | Alternative Sources of Energy, Awards, Energy, Environment, Events, News, Technology | Read More

FUGRO Recognised by Marine Technology Society for industry-leading efforts to close seabed mapping data gap

FUGRO Recognised by Marine Technology Society  for industry-leading efforts to close seabed mapping data gap
David Millar accepts the MTS Compass Industrial Award as Fugro is recognised for its industry-leading efforts to close the data gap in global seabed mapping. (Image courtesy of the Marine Technology Society); Left to right: Rick Martin, Vice President, Compass Publications, Inc; David Millar, Government...
December 13th, 2018 | Awards, Technology, Underwater Shipping | Read More

Moore Stephens: Confidence dips but investment appetite undimmed

Moore Stephens: Confidence dips but investment appetite undimmed
Richard Greiner Shipping confidence dipped slightly in the three months to end-November 2018, according to our latest Confidence Survey. The average confidence level expressed by respondents was down to 6.0 out of a maximum possible score of 10.0, this compared to the figure of 6.3 recorded in August...
December 13th, 2018 | Markets, Special Surveys | Read More

IMO: MSC 100 summary

IMO: MSC 100 summary
The Maritime Safety Committee (MSC) completed its landmark 100th session, with progress in the regulatory scoping exercise on maritime autonomous surface ships; approval of revised guidelines on fatigue and further updates on work on goal-based standards, polar shipping and safety issues relating to...
December 13th, 2018 | Anniversaries, Health and Safety, IMO, News, Organisations, Safety and Security | Read More

The BDI@1,353: another mild fall amidst global uncertainty… UK PM Theresa May wins Confidence Vote!!!

The BDI@1,353: another mild fall amidst global uncertainty… UK PM Theresa May wins Confidence Vote!!!
John Faraclas. Picture credits George Christakis The BDI (Baltic Dry Index) 11 points losses were considerably marginal given that yesterday the losses were almost double – 21 points down. Geopolitical uncertainties with the BREXIT taking more twists and turns. John Faraclas’ brief recap: The Capes’...
December 12th, 2018 | Breaking News, Chartering, Dry Bulkcarriers, European Union, Fixtures, Markets, Politics and Government, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Capital Link’s Greek Day at NYSE

Capital Link’s Greek Day at NYSE
.. New York, December 11, 2018 – Within the context of the 20th Annual Capital Link Invest in Greece Forum the New York Stock Exchange in cooperation with Capital Link organized a special ceremony in honor of Greece entitled “Greek Day at NYSE”. On Tuesday, December 11th, 2018, the New York...
December 12th, 2018 | Banking, Conferences, Seminars, Forums, Finance, Markets, News, Shipfinance, Trade and Commerce | Read More

Podcast: Ahead of the ECB Expected end of QE and implications for markets

Podcast: Ahead of the ECB Expected end of QE and implications for markets
… Podcast: Ahead of the ECB Expected end of QE and implications for markets Marcin Stepan, deputy head of meetings at OMFIF, is joined by Francesco Papadia, fellow at Bruegel and former director general for market operations at the European Central Bank, and Alexander Petrov, assistant vice-president...
December 12th, 2018 | Banking, European Union, News | Read More

Lords to debate report on off-site manufacture for construction

Lords to debate report on off-site manufacture for construction
.. The House of Lords will tomorrow, Wednesday 12th December, debate the Science and Technology Committee’s report “Off-site manufacture for construction: building for change. Among those listed to speak are several members of the Committee including Lord Fox, Liberal Democrat Lords Spokesperson...
December 11th, 2018 | Conferences, Seminars, Forums, Construction, News | Read More

Diana fixes panamax bulker “Ismene” on period to Koch

Diana fixes panamax bulker “Ismene” on period to Koch
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER  CONTRACT FOR M/V ISMENE WITH KOCH ATHENS, GREECE, December 11, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned...
December 11th, 2018 | Chartering, Company Profiles, Dry Bulkcarriers, Markets, News, Stock Markets | Read More

Brexit tumult recalls Black Wednesday, Global financial stability roundtable

Brexit tumult recalls Black Wednesday, Global financial stability roundtable
. Commentary: Brexit tumult recalls Black Wednesday By Trevor Greetham in London The UK is in a fast-changing situation with much at stake. The degree of uncertainty over the future path of government policy on Brexit calls to mind the days running up to Black Wednesday in September 1992, when the UK...
December 11th, 2018 | Banking, Comment, Conferences, Seminars, Forums, Finance | Read More

Greek Shipowners applaud the important decision of the UN IMO MSC 100

Greek Shipowners applaud the important decision of the UN IMO MSC 100
Theodore El. Veniamis, president of the Union of Greek Shipowners Greek Shipowners applaud the important decision of the UN IMO MSC 100 to develop further measures to deal with the safety implications associated with the 2020 compliant marine fuels and their respective challenges The Union of the Greek...
December 10th, 2018 | Associations, Bunkering, Emissions, Environment, IMO, News, Organisations, UN | Read More

Rescue diver from China who saved three recognized with IMO bravery accolade

Rescue diver from China who saved three recognized with IMO bravery accolade
Zhong Haifeng with his bravery award certificate A rescue diver from China who made a series of underwater dives to rescue three people from a sunken cargo ship, received the 2018 IMO Award for Exceptional Bravery at Sea during the this year’s IMO Awards ceremony (6 December). Mr. Zhong Haifeng,...
December 10th, 2018 | Awards, Events, Health and Safety, IMO, Maritime Accidents, Safety and Security | Read More

International Maritime Prize presented to Mrs. Birgit Sølling Olsen

International Maritime Prize presented to Mrs. Birgit Sølling Olsen
Mrs. Birgit Sølling Olsen winner of the prestigious International Maritime Prize for 2017 The prestigious International Maritime Prize for 2017 has been presented to Mrs. Birgit Sølling Olsen, former Deputy Director-General of the Danish Maritime Authority. IMO Secretary-General Kitack Lim presented...
December 10th, 2018 | Awards, Events, IMO | Read More

IMCA holds highly successful annual seminar

IMCA holds highly successful annual seminar
Allen Leatt, IMCA’s CEO at the IMCA Annual Seminar in The Hague Inspirational speakers captivate an audience of 300 delegates from across the industry The International Marine Contractors Association’s (IMCA) Annual Seminar was enthusiastically greeted by delegates in a packed theatre at The World...
December 10th, 2018 | Associations, Conferences, Seminars, Forums, Energy, Oil Industry, Oil Platforms and Rigs | Read More

Silverstream welcomes increased air lubrication uptake as more owners seek viable fuel efficiency solutions ahead of 2020

Silverstream welcomes increased air lubrication uptake as more owners seek viable fuel efficiency solutions ahead of 2020
Animation still of the Silverstream® System on the flat bottom of a vessel. Clean technology leader highlights changing attitudes in the shipping industry about the ability of proven clean technologies to realise fuel and emissions reductions aims London, 09 December 2018 – Silverstream Technologies,...
December 9th, 2018 | Bunkering, Emissions, Environment, Marine Equipment Products and Services, News, Oceanology | Read More