Archive for the ‘News’ Category

Baltic Exchange launches Escrow Service for vessel sales

Baltic Exchange launches Escrow Service for vessel sales
The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exchange members to take advantage of the Exchange’s trusted position in the marketplace when undertaking the sale or purchase of a vessel. Announcing...
April 25th, 2018 | News, Sales and Purchases | Read More

Abortive repairs: a new accident or the unfinished business of an old one?

Abortive repairs: a new accident or the unfinished business of an old one?
Stelios Magkanaris (left) and Keith Jones Abortive repairs: a new accident or the unfinished business of an old one? Association of Average Adjusters speaker tackles the dilemma A three-pronged approach is required when considering the issue of a new intervening cause in contentious instances...
April 25th, 2018 | Associations, Conferences, Seminars, Forums, IUA, Marine Insurance | Read More

MacGregor takes its place at the Finland-Singapore Maritime Innovation camp

MacGregor takes its place at the Finland-Singapore Maritime Innovation camp
l to r: Antti Saurama, University of Turku, Janne Suominen, MacGregor, Karri Mikkonen, Turku Science Park, HE Paula Parviainen, Ambassador of Finland to Singapore, Jason Lin, Singapore Maritime Institute and Toh Ah Cheong, Singapore Maritime Institute MacGregor takes its place at the Finland-Singapore...
April 25th, 2018 | Academia, Environment, Marine Equipment Products and Services, News, Technical, Technology | Read More

A Capers Market with …whatever this entails…

A Capers Market with …whatever this entails…
John Faraclas – picture credits Panagiotis Tsakos Photography – The BDI (Baltic Dry Index) gained earlier on today another 24 points and now stands at 1,330 – all thanks to the Capers who clinched  121 points keeping the market “buoyant”… The geopolitics as mentioned in previous...
April 25th, 2018 | Associations, Chartering, Containers, Dry Bulkcarriers, Insight, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Professor Angelos Delivorrias sails to eternity

Professor Angelos Delivorrias sails to eternity
Professor Angelos Delivorrias 1937-2018 The Benaki Museum’s Administrative Committee and Foundation staff express their deepest sorrow for the loss of the Academician and Professor Angelos Delivorrias, who for 45 years led the Foundation from the positions of Director and member of the Administrative...
April 24th, 2018 | Academia, News, Obituaries, Person Profiles | Read More

Baltic Exchange sets out modernised Code for freight market

Baltic Exchange sets out modernised Code for freight market
The Baltic Exchange The Baltic Exchange will be introducing a modernised code of conduct for shipowners, charterers and shipbrokers using the physical shipping and freight derivatives markets. Following a detailed review of the current arrangements led by law firm Norton Rose Fulbright with oversight...
April 24th, 2018 | Markets, News, Shipping Indices | Read More

GAC South Africa expands into Port Elizabeth

GAC South Africa expands into Port Elizabeth
Eric Barnard, Managing Director, GAC Shipping S.A. Shipping services to meet increased business demands Port Elizabeth, South Africa, 24 April 2018 – GAC South Africa has opened its fifth branch, to provide a portfolio of shipping services for oil & gas projects and LPG shipments at Port Elizabeth...
April 24th, 2018 | Company Profiles, Energy, Logistics, News, Person Profiles, Ship Agencies | Read More

CSSC Nanjing Luzhou and MacGregor celebrate the opening of their first joint venture in China

CSSC Nanjing Luzhou and MacGregor celebrate the opening of their first joint venture in China
l to r: YANG Lianghu, General Manager, Binjiang Investment and Development Company; WANG Hongqi, President, CSSC Nanjing Luzhou Marine Co., Ltd; SUN Wei, Vice President, CSSC Group, Michel van Roozendaal, President, MacGregor, Alexander Nürnberg, SVP R&D and Technology, MacGregor MacGregor, part...
April 24th, 2018 | Events, Marine Equipment Products and Services, Ship Conversions, Shipbuilding and Shipyards, Shiprepair | Read More

Markets slow down with the BDI now@1,306…

Markets slow down with the BDI now@1,306…
John Faraclas The BDI (Baltic Dry Index) gained 25 points earlier on today surpassing the 1,300-point mark; the Geopolitics deteriorate more than ever before. John Faraclas’ brief market recap: The good thing is that both the BDI and BCI went over and above the 1,300 and 2,000 points respectively,...
April 23rd, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

ESPO Conference – Rotterdam 31 May & 1 June 2018: let’s go through the programme!

ESPO Conference – Rotterdam 31 May & 1 June 2018: let’s go through the programme!
The Dutch Minister of Infrastructure, Cora van Nieuwenhuyzen 23 April 2018 – “Investing in the Port of Tomorrow” will be the central theme of the forthcoming ESPO Conferencekindly hosted by the Port of Rotterdam. On 31 May and 1 June, ESPO and its members are welcoming you in the Onderzeebootloods for...
April 23rd, 2018 | Associations, Conferences, Seminars, Forums, Ports & Terminals | Read More

Transnet & Saldehco to develop SA’s first off-shore supply base in Saldanha

Transnet & Saldehco to develop SA’s first off-shore supply base in Saldanha
From the signing of the agreement; full caption * Signed Agreement between Transnet and Saldehco Paves Way for SA’s First Off-shore Supply Base [Saldanha Bay, South Africa, 23 April 2018]   South Africa’s first dedicated and customised facility supporting offshore oil and gas activities will be...
April 23rd, 2018 | Events, Ports & Terminals | Read More

The UGS visits Washington DC for talks

The UGS visits Washington DC for talks
The UGS delegation with Mrs. E. Chao, US Secretary of Transportation A high-level delegation of the Union of Greek Shipowners headed by its President, Mr. Theodore Veniamis, completed one of its most successful regular visits to Washington DC from 16th to 20th April 2018. The delegation additionally...
April 23rd, 2018 | Associations, Military, News, Organisations, Politics and Government, Shipping Centers | Read More

Emergence of Order – Japanese artist Goro Murayama at the Daiwa Foundation

Emergence of Order – Japanese artist Goro Murayama at the Daiwa Foundation
Francis Halsall and Goro Murayama. Emergence of Order – Japanese artist Goro Murayama at the Daiwa Foundation By James Brewer My art deals with thinking about human creativity in the computer age, says Tokyo-based Goro Murayama. He is a practitioner of “systems art,” a manifestation of the integration...
April 22nd, 2018 | Art and auctions, Exhibitions | Read More

first Nacra 15 World Championship starts in Barcelona on Monday 23 April with 60 teams from 18 countries

first Nacra 15 World Championship starts in Barcelona on Monday 23 April with 60 teams from 18 countries
… Right now in Barcelona, 60 eager Nacra 15 youth teams representing 18 Nations and four continents are preparing their first official Nacra 15 World Championship. Sailors are coming from Argentina, Australia, Austria, Belgium, Germany, Canada, Spain, Finland, France, Great Britain, Italy, US...
April 22nd, 2018 | Events, Sailing, Sports, Yachting | Read More

U.S. Salvors successfully pass every Coast Guard Verification to-date

U.S. Salvors successfully pass every Coast Guard Verification to-date
Jim Elliott, President of the American Salvage Association. April 19, 2018 – On April 18th, Rear Admiral Anthony “Jack” Vogt, Assistant Commandant for Response Policy, released an update on the status of the most recent U.S. Salvage and Marine Firefighting (SMFF) industry verification initiative....
April 22nd, 2018 | Environment, News, Politics and Government, Pollution, Salvage, Towage, Wreck Removals | Read More

The BDI@1,281: …every little bit helps

The BDI@1,281: …every little bit helps
John Faraclas The euphoria – a better word than spree, of the Capers gaining 877 points since last Friday the 13th of April, must be seen as a good sign, despite what is coming up next,  given the geopolitical, environmental, technical advancements et al surrounding the shipping industry. The BDI...
April 20th, 2018 | Associations, Chartering, Dry Bulkcarriers, European Union, IMO, Markets, Military, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Tankers | Read More

Chairman of IACS pinpoints three key themes of the Association’s strategy for the future

Chairman of IACS pinpoints three key themes of the Association’s strategy for the future
Knut Ørbeck-Nilssen Knut Ørbeck-Nilssen’s commitment to quality, modernisation and transparency widely reflected in IACS work and future vision London, 19 April 2018: Quality, modernisation and transparency have been the three fundamental themes of the International Association of Classification...
April 19th, 2018 | Classification Societies, IACS, News, Reports | Read More

Capes…of good hopes???

Capes…of good hopes???
John Faaclas at ADR The BDI (Baltic Dry Index) ended up today at 1,201 points thanks once again to the as ever volatile, but now predictable Capers! Geopolitics continue in the same pace: turbulent. John Faraclas’ daily briefing: The 77 plus points since yesterday on the BDI is not to be taken as an...
April 19th, 2018 | Chartering, Dry Bulkcarriers, News, Shipping Indices, Tankers | Read More

Holland America Line Celebrates 145th Anniversary April 18

Holland America Line Celebrates 145th Anniversary April 18
… Cruise line founded in 1873 is one of most experienced in the world  April 19, 2018 — Holland America Line celebrated its 145th anniversary yesterday, April 18, 2018, marking its place in history as one of the most experienced cruise lines in the world. What started as shipping and passenger...
April 19th, 2018 | Anniversaries, Cruise Industry | Read More

The Nautical Institute launches Polar Ship Operations 2nd edition

The Nautical Institute launches Polar Ship Operations 2nd edition
Ülo Eero AFNI and Capt Duke Snider FNI launching Polar Ship Operations 2nd edition 19.04.18 – Interest in the polar regions is rising rapidly as the season for accessing these remote and hostile areas is lengthening. Recognising that this is a critical time for polar shipping, The Nautical Institute...
April 19th, 2018 | Arctic Shipping, Books, News, The Nautical Institute | Read More

Volatility and Uncertainty in the Shipping Markets and Geopolitics

Volatility and Uncertainty in the Shipping Markets and Geopolitics
John Faraclas The BDI (Baltic Dry Index) gained earlier on today another 72 points thanks to the as ever volatile Capers… The Geopolitical front could soon become not just uncertain, but an inferno. John Faraclas’ daily briefing: The BDI with these 72 points – as a result of the Capers’ sky...
April 18th, 2018 | Chartering, Dry Bulkcarriers, European Union, Insight, Marinas, Maritime Tourism, Markets, Organisations, Piracy and Terrorism, Politics and Government, Port Conditions, Ports & Terminals, Reports, Sailing, Shipping Indices, Sports, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce, Weather, Yachting | Read More

“Astypalea in Passion” 28/04-01/05/2018

“Astypalea in Passion” 28/04-01/05/2018
Stunning views from Kallichoron “Astypalea in Passion” 28/04-01/05/2018 Astypalea can be inspiring any season of the year! Kallichoron Art Boutique Hotel is proud to sponsor the event “Astypalea in Passion” and actively contribute to its successful running with AELIA-Epinisia Eos. Being a socially...
April 18th, 2018 | Corporate Social Responsibility, Events, Food and Drink, Holidays, Maritime Tourism, People and Places, Tourism | Read More

Stealthgas Inc announces completion of its newbuilding programme

Stealthgas Inc announces completion of its newbuilding programme
Harry Vafias – second from the left with guests and officials in one of the many ship- christenings ATHENS, Greece, April 17, 2018 – STEALTHGAS INC. (Nasdaq:GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced...
April 18th, 2018 | Company Profiles, LPG, News | Read More

Carnival Horizon delivered to LR class

Carnival Horizon delivered to LR class
Carnival Horizon 18 April 2018 – Carnival Cruise Line officially took delivery of the new 133,500 GT Carnival Horizon at a ceremony held last month at Fincantieri’s Monfalcone shipyard in Italy. The cruise ship has a capacity of 3960 guests, plus 1450 crew, and is the second in the Vista-class...
April 18th, 2018 | Classification Societies, Cruise Industry, Events, Shipbuilding and Shipyards | Read More

Developments in capital markets for shipping…

Developments in capital markets for shipping…
Alan McCarthy (left) and Andrew Hampson. Developments in capital markets for shipping – IMIF learns secrets behind Tufton’s novel $91m deal An “alignment of the planets” enabled success in what was the first pure shipping play in the specialist funds segment of the London Stock Exchange. These...
April 17th, 2018 | Conferences, Seminars, Forums, Events, IMIF, Shipfinance | Read More