Archive for the ‘Breaking News’ Category

INTERTANKO considers including shipping in EU ETS counter-productive

INTERTANKO considers including shipping in EU ETS counter-productive
Katharina Stanzel By majority vote, the Members of the European Parliament have agreed to include shipping in the European Emission Trading Scheme (ETS) Directive as of 2023, unless there is a comparable system agreed under the auspices of the International Maritime Organisation (IMO) by the end of 2021. “INTERTANKO...
February 15th, 2017 | Associations, Breaking News, Emissions, Environment, European Union, IMO, Intertanko, News, Organisations | Read More

Markets and geopolitics: Brace for challenging times ahead…

Markets and geopolitics: Brace for challenging times ahead…
John Faraclas With a couple of points up the BDI brings in the knowingly unknown situation which coupled with extremely dangerous Geopolitics will trigger unwanted scenarios with unwanted results; John Faraclas daily recap: The BDI (Baltic Dry Index) remained at the same levels as in yesterday’s...
December 22nd, 2016 | Breaking News, Comment, LNG, Markets, Military, Shipping Indices | Read More

Despite Capers “rebound” Markets are still down…

Despite Capers “rebound” Markets are still down…
John Faraclas The BDI managed to reduce its loses thanks to the Capers’ rebound, but it will remain down; Geopolitics still worsening. John Faraclas’ midweek recap; With a dozen points plus since yesterday’s closing the BDI (Baltic Dry Index) at 926 cannot be saved, full stop and period.  The...
December 21st, 2016 | Breaking News, Markets, Reports, Shipping Indices, Statistics, Stock Markets | Read More

Markets and geopolitics: Alea iacta est…

Markets and geopolitics: Alea iacta est…
John Faraclas Now what a weekend that was and what a day today given both the continuous fall of the Markets, particularly the dry ones and the geopolitical mess engulfing the World following the atrocities in Turkey and Germany; John Faraclas’s daily recap: The BDI (Baltic Dry Index) lost another...
December 19th, 2016 | Breaking News, Markets, Military, Politics and Government, Sales and Purchases, Shipping Indices | Read More

Market and Geopolitics plot thickens…

Market and Geopolitics plot thickens…
John Faraclas The situation both in the Markets and Geopolitics very soon will get off-hand… John Faraclas’ daily report: The BDI (Baltic Dry Index) closed 18 points higher than yesterday at 1,202; a ray of hope or thickening of the plot…? Time will tell, but one thing is for sure: things are getting...
November 29th, 2016 | Breaking News, Energy, Markets, Reports, Shipfinance, Shipping Indices, Statistics, Stock Markets | Read More

Capers dangerous Skyfall; Geopolitics more than a liability for all…

Capers dangerous Skyfall; Geopolitics more than a liability for all…
John Faraclas What a Market Tempest we are experiencing with the Capers on a sky-fall; Geopolitical tsunamis as the …weather’s low maintains political happenings challenging World Peace. John Faraclas’ daily recap: The BDI (Baltic Dry Index) lost 23 points since yesterday and now stands at 849;...
October 20th, 2016 | Breaking News, Canals, Inland Waterways, Markets, Military, Organisations, Piracy and Terrorism, Shipbuilding and Shipyards, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Time is running out to file claims against Hanjin Shipping, IUMI conference is told

Time is running out to file claims against Hanjin Shipping, IUMI conference is told
Mike Roderick of Clyde & Co. Time is running out to file claims against Hanjin Shipping, IUMI conference is told By James Brewer Shipowners, charterers, cargo interests, forwarders and other parties have been advised to expedite their claims against stricken Hanjin Shipping. The warning comes...
September 20th, 2016 | Associations, Breaking News, Company Profiles, Container shipping, Containers, Marine Insurance, Markets, Stock Markets | Read More

The Mayor of Chios live interview

The Mayor of Chios live interview
Manolis Vournous, The Mayor of Chios We have devoted many articles and interviews on Chios, the Greek Island in the Eastern Aegean Sea that today Rules the Waves, as well as we have reported on many events that Chiots – including the Oinoussians and people from Psara,  organise world-wide; today...
August 20th, 2016 | Breaking News, Communication, Holidays, Immigration, Manning - Seafarers and Offshore, Marinas, Maritime Education and Training, Maritime History and Museums, Maritime Tourism | Read More

BDI’s “controlled” fall @641…

BDI’s “controlled” fall @641…
John Faraclas BDI’s “controlled” fall @641, but uncontrolable Geopolitics… The BDI (Baltic Dry Index) lost just four points earlier on today; the Geopolitics though with alarming Terrorism precautions are more than serious. John Faraclas’ midweek recap: So the BDI@641 points look likely...
August 3rd, 2016 | Breaking News, Markets, Reports, Ship Finance, Shipping Indices, Statistics, Stock Markets | Read More

The Airport of Chios awaits its turn…-

The Airport of Chios awaits its turn…-
At Chios Airport We welcome the inauguration of Paros’ airport today by Greece’s prime minister despite the opposition’s silly media uploads and we invite PM Alexis Tsipras to give the go ahead here and now for the ailing Chios airport! A timely reminder by John Faraclas:  It is a must for the...
July 29th, 2016 | Airline Industry, Aviation, Breaking News, Comment, Construction, Maritime Tourism, Tourism | Read More

Bureau Veritas appoints Nick Brown as Marine & Offshore Communications Director

Bureau Veritas appoints Nick Brown as Marine & Offshore Communications Director
Nick Brown Neuilly-sur-Seine, France,  July 28, 2016 – Leading international classification society Bureau Veritas has appointed Nick Brown as Communications Director, Marine & Offshore Division. He will take up the post fromNovember 2, 2016, replacing Philippe Boisson, who retires after...
July 28th, 2016 | Breaking News, Classification Societies, Company Profiles, HR, Person Profiles, Press and Media | Read More

Who’s burning the mastiha bushes and forests in Chios yet again?

Who’s burning the mastiha bushes and forests in Chios yet again?
The mastiha villages and bushes burning – picture credits Adm (Rt. HCG) Stavros Michaelides Fire-fighting crews in the island of Chios  (in Greece’s eastern Aegean Sea) are struggling to contain a wildfire that begun at 02:50 this morning in more than four fronts destroying forests and mastiha...
July 25th, 2016 | Breaking News, Environment, Safety and Security | Read More

Disastrous and Uncertain Shipping Markets and Geopolitics

Disastrous and Uncertain Shipping Markets and Geopolitics
John Faraclas So with the BDI dropping further, Geopolitics in a total mess, and uncertainty governing all over Planet Ocean, take cover in whatever business you are in; shipping being the sector to be mostly affected. John Faraclas’ weekly Market and Geopolitics Recap. The BDI (Baltic Dry Index) lost...
July 22nd, 2016 | Breaking News, Containers, Dry Bulkcarriers, Markets, Piracy and Terrorism, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Erdogan’s Pyrrhic victory

Erdogan’s Pyrrhic victory
…clouds over the Straits of Bosporus, with its famous bridge linking Europe and Asia. Photo credit Anny Zade WITHOUT PREJUDICE On the latest developments in Turkey with the “failed Coup”, John Faraclas comments: Obviously one cannot call this a Coup d’état but definitely a Coup d’Erdogan....
July 16th, 2016 | Aviation, Breaking News, Comment, European Union, Immigration, Military, Piracy and Terrorism, Politics and Government, Ports & Terminals, Tourism, UN | Read More

The Markets: And so to …bet?

The Markets: And so to …bet?
John Faraclas Our warning yesterday, a repeat from May’s first warning, come out verbatim right and the BDI went under the 600 point mark; John Faraclas daily Market briefing: The BDI lost six points and now reads 598; a …eventuality worth studying as things might get sour, unless something spectacular...
June 16th, 2016 | Breaking News, Dry Bulkcarriers, Markets, Statistics, Stock Markets, Tankers | Read More

POSIDONIA 2016 scores hat trick of records…

POSIDONIA 2016 scores hat trick of records…
Organisers overwhelmed by demand for increased space for 2018 edition    POSIDONIA 2016 SCORES HAT TRICK OF RECORDS AS VISITOR NUMBER SOARS TO OVER 22, 000 Posidonia 2016 bided farewell to over 22, 000 shipping industry professionals who visited the world’s most prestigious maritime event to meet,...
June 10th, 2016 | Breaking News, Conferences, Seminars, Forums, Events, Exhibitions | Read More

Euro area Q1 GDP growth upwardly revised at 0.6%QoQ driven by domestic demand (Wednesday, June 08, 2016)

Euro area Q1 GDP growth upwardly revised at 0.6%QoQ driven by domestic demand (Wednesday, June 08, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A Global Economic & Market Outlook – Focus Notes (Wednesday, June 8, 2016) Euro area Q1 GDP growth upwardly revised at 0.6%QoQ driven by domestic demand According to the final estimate published by...
June 8th, 2016 | Banking, Breaking News, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Energy International Risk Assessment (EIRA) Newsletter

Energy International Risk Assessment (EIRA) Newsletter
George Hatziioannou, EIRA’ editor EIRA’s latest Newsletter is out at the peak of Posidonia 2016; the best time to have such a report / Newsletter. This EIRA’s Volume 4 issue IV issue, which among others, containes: Bulgaria ups the ante to become Balkan Gas Hub; Greece untaps TAP wary...
June 8th, 2016 | Associations, Breaking News, Energy, Insight, Markets, Reports | Read More

Is it or it is the end of the Mighty Continent?

Is it or it is the end of the Mighty Continent?
John N. Faraclas – at his back the Trireme Olympias, Athenian and Greek Hegemony’s mastership weapon which saved the Democratic Values of Planet Ocean Without Prejudice With BREXIT, GREXIT and all the mess in Europe and its periphery, this summer will determine not only the future of the...
June 1st, 2016 | Breaking News, Energy, Military, Piracy and Terrorism, Safety and Security | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, May 25, 2016)

Daily Overview of Global Markets & the SEE Region (Wednesday, May 25, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Wall Street advanced on Tuesday following the US new home sales surge, which reinforced the view that the US economy is strong enough...
May 25th, 2016 | Banking, Breaking News, Company Profiles, Markets, Person Profiles, Reports, Statistics, Stock Markets | Read More

The BDI@624 shakes the foundations…

The BDI@624 shakes the foundations…
John Faraclas It is not always the figures, but the results that make the difference in any given market and situation… John Faraclas shipping market briefing: The BDI (Baltic Dry Index) just lost one point today and at 624 creates havoc in the markets. The volatile Capers and its respective BCI 2014...
May 23rd, 2016 | Airline Industry, Aviation, Breaking News, Markets, Organisations, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Volatility continues with the BDI now at 634…

Volatility continues with the BDI now at 634…
John Faraclas Another day of falling indices, particularly for the dry markets; John Faraclas reports: The BDI was down eight points today, “thanks” to the Capers’ BCI 2014 which lost another 48 points since yesterday sending shocking waves all over… The Panamaxes though “saved” the day with...
May 19th, 2016 | Breaking News, Markets | Read More

Flame in the sky…

Flame in the sky…
The Oceanus, the first vessel on the scene to search for the ill-fated Egypt air plane… Flame in the sky… Was that the ill-fated  MS804 Egypt Air A320? Could that be the plane south of the Greek Island of Karpathos in Greece’s south eastern seas? The “Oceanus”, a bulker operated...
May 19th, 2016 | Airline Industry, Aviation, Breaking News, Story of the Day | Read More

A Cock-up with the BDI down at 703, or what…?

A Cock-up with the BDI down at 703, or what…?
John Faraclas The BDI ended the week down seven points since yesterday at 703 “reassuring” of tough times ahead; John Faraclas on the latest market …”twists and turns”: So, for a second day in row the BDI dropped enhancing our prediction for tough times ahead, but more importantly strengthening...
April 29th, 2016 | Banking, Breaking News, Bribery and Corruption, Corruption, Energy, Environment, Health and Safety, HR, Maritime Fraud, Markets, Organisations, Piracy and Terrorism, Politics and Government, Safety and Security, Sales and Purchases, Ship Demolitions, Ship Finance, Shipmanagement, Shipping Indices, Stock Markets, Trade and Commerce | Read More

The BDI losing steam… @690

The BDI losing steam… @690
John Faraclas Is it an early summer and the market is losing steam? John Faraclas reports: With only two points plus the BDI closed earlier on today at 690, proving two things, which we have numerous times stressed in the past: Unsustainability and Uncertainty! The Capers were only two points up at 1,...
April 25th, 2016 | Breaking News, European Union, Organisations, Ship Finance, Shipbuilding and Shipyards, Shipping Indices, Stock Markets, Technology | Read More