Archive for the ‘News’ Category

Whither container shipping? IMIF is told of “reasons to be cheerful”

Whither container shipping? IMIF is told of “reasons to be cheerful”
Ian Webber delivering his slides speech Emerging trends in the benighted container shipping sector offer some grounds for optimism, the International Maritime Industries Forum heard at its latest meeting. Ian Webber, chief executive of Global Ship Lease Inc, discerned what he called some “reasons to...
January 18th, 2017 | Conferences, Seminars, Forums, Container shipping, Containers, Markets, Reports, Ship Demolitions, Ship Finance, Statistics, Stock Markets, Trade and Commerce | Read More

Diana fixes on period two more vessels

Diana fixes on period two more vessels
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACTS FOR M/V SANTA BARBARA WITH  CARGILL AND M/V SALT LAKE CITY WITH UNIPER  ATHENS, GREECE, January 18, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today...
January 18th, 2017 | Chartering, Dry Bulkcarriers, Markets, News, Stock Markets | Read More

DNV GL – Supersizing car carriers – New Horizon Class

DNV GL – Supersizing car carriers – New Horizon Class
… Similar to container vessels, bulk carriers and cruise ships, car carriers are rapidly growing in size. A new series of the world’s largest pure car and truck carriers sets a new standard for this segment. The final two vessels in a series of six New Horizon Class pure car and truck carriers...
January 18th, 2017 | Car trade, Classification Societies, Insight, Markets, Shipbuilding and Shipyards, Technical, Technology | Read More

“Corruption in shipping has always been there…

“Corruption in shipping has always been there…
The panel with BIMCO’s Grant Hunter delivering his slides paper ‘Corruption in shipping has always been there, so there’s nothing we can do. I do not think that is enough any more’ Facilitation payments, made in order to “oil the wheels” to enable shipping operations to proceed on schedule...
January 18th, 2017 | Associations, BIMCO, Bribery and Corruption, Conferences, Seminars, Forums, Events, Legal, London Shipping Law Centre, Maritime Fraud | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, January 18, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, January 18, 2017)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In her much anticipated speech yesterday, UK Premier Theresa May set out the government’s 12 negotiating priorities plan for upcoming...
January 18th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Europe scoffs at Brexit plan: Daily Wealth Letter

Europe scoffs at Brexit plan: Daily Wealth Letter
Ian Brodie Daily Wealth Letter a daily synopsis of the wealth news that’s most relevant, timely and dependable Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com) NEXT WEALTH FORUM EVENT: Monaco Wealth Forum, March 15, Cafe de Paris, Monte-Carlo (vist www.thewealthforums.com for...
January 18th, 2017 | News, Reports | Read More

Coming back stronger

Coming back stronger
Anna Tuniicliffe On the first stop of World Sailing’s 2017 World Cup Series in Miami, USA, a home nation favourite will make a return in an attempt to add to her already jam packed trophy cabinet. Two time Rolex World Sailor of the Year and Beijing 2008 Olympic gold medallist Anna Tunnicliffe will...
January 17th, 2017 | Associations, Events, Sailing, Sports, Yachting | Read More

Celestyal Cruises welcomes Samos to its 2017 iconic Aegean itineraries

Celestyal Cruises welcomes Samos to its 2017 iconic Aegean itineraries
Kyriakos Anastassiadis Celestyal Cruises today announced the addition of Samos to its 3 and 4 day Iconic Aegean itineraries. After evaluating more than 85,000 valid questionnaires, Celestyal Cruises found its passengers considered Samos, a lush beauty in the northeastern Aegean, as one of the top destinations...
January 17th, 2017 | Cruise Industry, Maritime Tourism, Tourism | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, January 17, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, January 17, 2017)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Major European equity markets moved lower in early trade on market woes that UK Prime Minister Theresa May will likely point at a keynote...
January 17th, 2017 | Banking, Company Profiles, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Former US ambassador to the EU to speak at ESW 2017

Former US ambassador to the EU to speak at  ESW 2017
  Anthony Luzzatto Gardner Anthony Luzzatto Gardner, former US Ambassador to the European Union and Visiting Fellow at the College of Europe, will be the guest speaker at the European Shipping Week Gala Dinner, to be held on Wednesday 1st March 2017 at the Steigenberger Wiltcher Hotel in...
January 17th, 2017 | Events, Markets, News | Read More

FUGRO attains authorised economic operator status

FUGRO attains authorised economic operator status
Through its operating company Fugro Subsea Services, Fugro has recently been awarded Authorised Economic Operator (AEO) status, highlighting its role in the international supply chain. The demanding and extensive accreditation process began in the second half of 2015 and culminated in the award on 11th December...
January 17th, 2017 | Company Profiles, News | Read More

The BDI’s 9 to 5; the geopolitics worsening…

The BDI’s 9 to 5; the geopolitics worsening…
John Faraclas Another volatile beginning of yet another week as the BDI continues its volatile modus and geopolitics are about to create global chaos in all fronts; John Faraclas’ daily report: The BDI (Baltic Dry Index) gained fifteen points since last Friday the 13th of January and now reads 925...
January 16th, 2017 | Markets, Military, News, Piracy and Terrorism, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Monday, January 16, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, January 16, 2017)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: DBRS downgraded Italy’s sovereign rating to BBB-High from A-Low on Friday evening amid declining “political ability to sustain the...
January 16th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Seaspan Swift – a new hybrid LNG fuelled and battery powered ferry, classed by Bureau Veritas

Seaspan Swift – a new hybrid LNG fuelled and battery powered ferry, classed by Bureau Veritas
The Seaspan Swift Neuilly-sur-Seine, France, January 16, 2017 – Leading international classification society Bureau Veritas congratulates owners Seaspan as their new emission reducing ferry enters service between the British Columbia mainland and Vancouver Island. Seaspan Swift is Seaspan Ferries...
January 16th, 2017 | Bunkering, Classification Societies, Cruise Ferry, Emissions, Environment, LNG, News, Shipbuilding and Shipyards, Technology | Read More

Weekly BDI falls further despite last minute rise… Geopolitics too

Weekly BDI falls further despite last minute rise… Geopolitics too
John Faraclas Despite today’s rally and turning upside down Friday 13th , the BDI lost 53 points since last week. The Geopolitics too are very messy and more trouble “accumulates”. John Faraclas’ daily and weekly recap: The BDI (Baltic Dry Index) gained 18 points since yesterday standing at 910...
January 13th, 2017 | Chartering, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Diana fixes caper “P.S.Palios” and kamsarmax “Myrto” on period

Diana fixes caper “P.S.Palios” and  kamsarmax “Myrto” on period
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACT FOR M/V P. S. PALIOS WITH KOCH AND DIRECT CONTINUATION OF TIME CHARTER CONTRACT FOR M/V MYRTO WITH CARGILL  ATHENS, GREECE, January 13, 2017 – Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership...
January 13th, 2017 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Stock Markets | Read More

Regional maritime piracy agreement broadened to cover other illicit maritime activity

Regional maritime piracy agreement broadened to cover other illicit maritime activity
An international agreement that has been instrumental in repressing piracy and armed robbery against ships in the western Indian Ocean and the Gulf of Aden has seen its scope significantly broadened to cover other illicit maritime activities, including human trafficking and illegal, unreported and...
January 13th, 2017 | Fisheries, IMO, Piracy and Terrorism | Read More

Daily Overview of Global Markets & the SEE Region (Friday, January 13, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, January 13, 2017)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: USD gained some ground in European trade on Friday, recovering part of the prior session’s losses mainly due to the lack of details...
January 13th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

London is briefed on Russian National Reinsurance Co, new player on the insurance market

London is briefed on Russian National Reinsurance Co, new player on the insurance market
Russian National Reinsurance chief Nikolay Galushin (right) with broker Charles Catt. London is briefed on Russian National Reinsurance Co, new player on the insurance market By James Brewer Just opened for business, the Russian National Reinsurance Co will help provide cover for sanctions-hit domestic...
January 12th, 2017 | Conferences, Seminars, Forums, Insurance and Reinsurance | Read More

Market …snow-fall and Geopolitical turbulence continues

Market …snow-fall and Geopolitical turbulence continues
John Faraclas The controlled and contained BDI fall as well as the geopolitical turbulences on all fronts in brief by John Faraclas The BDI (Baltic Dry Index) lost earlier on today just two points since yesterday  and stands at 892 points; looks likely further loses will be contained, but, volatility...
January 12th, 2017 | Energy, Events, Markets, Military, News, Piracy and Terrorism, Reports, Shipbuilding and Shipyards, Shipping Indices | Read More

State financing needs and sources in 2017 and beyond…

State financing needs and sources in 2017 and beyond…
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A Greece Macro Monitor (12 January 2017) State financing needs and sources in 2017 and beyond; evaluation of the agreed short-term debt relief measures & updated DSA Here follows a Summary in English: Greece’s...
January 12th, 2017 | Banking, News | Read More

Greece: Unemployment rate drops , however employment growth decelerates in October 2016

Greece: Unemployment rate drops , however employment growth decelerates in October 2016
Greece: Unemployment rate drops , however employment growth decelerates in October 2016  The unemployment rate stood at 23.0% in October 2016 (or 23.7% – 12 month moving average) from 23.1% in September 2016 and 24.5% in October 2015 Our forecast for 2016 is 23.6%. Descriptive statistics, Jan...
January 12th, 2017 | Banking, Country Profiles, Finance, HR, Reports | Read More

Japanese SOx Scrubber System for Ships Acquires First Certification from Country of Ship Registration

Japanese SOx Scrubber System for Ships Acquires First Certification from Country of Ship Registration
  Ambassador Diaz of Panama presents the certificate Performance Verified in Testing on “DRIVE GREEN HIGHWAY” Tokyo, January 12, 2017 – For almost a year Kawasaki Kisen Kaisha, Ltd. (“K” Line), Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Kakoki Kaisha, Ltd. (MKK) have been undertaking...
January 12th, 2017 | Corporate Social Responsibility, Emissions, Environment, Events, Flags, Liner Shipping and Trade | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, January 12, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, January 12, 2017)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: At yesterday’s long-awaited news conference, US President-elect Donald Trump failed to provide details on his proposals during the election...
January 12th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

American P&I Club launches masterly centennial history of its role in global insurance

American P&I Club launches masterly centennial history of its role in global insurance
Lady Liberty on the cover. American P&I Club launches masterly centennial history of its role in global insurance By James Brewer Poetry and P&I is an unlikely partnership, but it was there at the foundation of the American Club. A propitious collaboration of a ruthless broker and a frustrated...
January 12th, 2017 | Books, Maritime History and Museums, News, P and I Clubs, Shipmanagement | Read More