Archive for the ‘Breaking News’ Category

Passenger ferry “Ariadni” whilst berthing at the new Port of Mesta (video)

Passenger ferry “Ariadni” whilst berthing at the new Port of Mesta (video)
The “Ariadni” during berthing manoeuvers at the Port of Mesta, Chios, Greece The Passenger ferry “Ariadni” of Hellenic Seaways whilst berthing today at the new Port of Mesta (south west of Chios island in Greece) due to the fact that the island’s main port is blockaded...
April 3rd, 2016 | Breaking News, Film Industry, HR, Immigration, Marine Insurance, Maritime Education and Training, People and Places, Photography, Port Conditions, Ports & Terminals, Press and Media, Reports | Read More

Greece: Overview of latest domestic developments (March 4, 2016)

Greece: Overview of latest domestic developments (March 4, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A Global Economic & Market Outlook Greece: Overview of latest domestic developments (March 4, 2016) Contents Eurogroup March 7th likely to set a date for the return of the mission heads to Athens to resume...
March 4th, 2016 | Banking, Breaking News, Reports, Statistics, Stock Markets | Read More

Capes dive further @ 166

Capes dive further @ 166
John Faraclas With smaller sizes making “gains” and many willing sellers ready to avoid the Armageddon the shipping markets enter into its most interesting phase of events… John Faraclas reports: Up seven points for the BDI now standing at 342, given the double digit upwards trend of the BPI (Panamaxes)...
March 3rd, 2016 | Breaking News, Dry Bulkcarriers, Markets, Sales and Purchases, Statistics, Stock Markets | Read More

The Markets still on a slow motion and uncertainty!

The Markets still on a slow motion and uncertainty!
John Faraclas Can we hope for better days in the Shipping markets? John Faraclas explains in brief the situation: With the BDI up six points today at 307 the mood in the City wasn’t the one expected and rightly so. We are far below any level to “trigger” any optimism whatsoever! Why? Well look...
February 17th, 2016 | Breaking News, Energy, Markets, Reports, Shipfinance | Read More

The BDI levelled down @ 291 today…

The BDI levelled down @ 291 today…
John Faraclas The Greek’s have a phrase for the 9th of each month…* …another all-time historic low; the BDI down two points at 291! Capes and the respective BCI 2014 remained the same at 207! The BPI down one at 291; seems that Panamaxes are also under the cloud of uncertainty! The BSI down five...
February 9th, 2016 | Breaking News, Markets, Sales and Purchases, Shipping Indices, Statistics, Stock Markets | Read More

Scouts of Greece “be prepared” for refugees…

Scouts of Greece “be prepared” for refugees…
We have uploaded many articles on the Migrants issue; we have  also uploaded some unique videos by Konstantinos Milt. Anagnostou  on Chios Ports and berthing of vessels, the art not just of seamanship and navigation, but also the art of berthing… Now, do watch (herebelow) in this video the Scouts...
February 2nd, 2016 | Breaking News, Environment, Immigration, Insight | Read More

The BDI @ 337…and the Market completely bottoms-out

The BDI @ 337…and the Market completely bottoms-out
John Faraclas Hurray, amids the one-in-a-life-time Marine Money London conference at The Dorchester on Park Lane  during lunch when the indices were available, at last we are seeing the bottom so soon many troubles would seem far away* John Faraclas comments: The BDI was down eight points at 337, the...
January 27th, 2016 | Banking, Breaking News, Conferences, Seminars, Forums, Dry Bulkcarriers, Energy, Gas, LNG, LPG, Markets, Shipbuilding and Shipyards, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Union of Greek Shipowners Disagrees with EC on Taxation Issues

Union of Greek Shipowners Disagrees with EC on Taxation Issues
The Union of Greek Shipowners today responded to the European Commission’s recently published Decision (C(2015)9019 final / 18-12-2015) alleging that some provisions of the Greek shipping taxation regime are in breach of EU state aid provisions and, in particular, the conditions set out in the current...
January 21st, 2016 | Associations, Breaking News, Communication, European Union, HR, Legal, Organisations, Regulatory, Shipmanagement, Taxation | Read More

The BDI @ 369

The BDI @ 369
John Faraclas – picture credits LISW2015 FLICKR It is interesting how important the numbers are and Numerology is a must for all to understand and know what some fundamentals in life mean; if not, then the choice for losing / missing the boat  one day, it is yours. John Faraclas comments/ insight...
January 18th, 2016 | Breaking News, Comment, Dry Bulkcarriers, Insight, Markets, Politics and Government, Sales and Purchases, Ship Demolitions, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI at 402: between the devil and the deep blue sea…

The BDI at 402: between the devil and the deep blue sea…
John Faraclas Time and again we have warned all those with vested interest in the shipping adventure to take cover; from what we can see,   very few did; the results are now publicly known… John Faraclas comments on the state of the shipping markets and geopolitics affecting same: The BDI closed down...
January 12th, 2016 | Breaking News, Dry Bulkcarriers, Markets, Ship Finance, Shipping Indices, Stock Markets | Read More

The BDI at 415: yet another expected bombshell

The BDI at 415: yet another expected bombshell
John Faraclas The indices dive more dangerously as never before: John Faraclas comments on a day the 400 points barrier of the BDI was about to break: “I heard the news today oh boy, the…”  Baltic index has lost …another fourteen* What another start of yet one more week with the Baltic Dry Index...
January 11th, 2016 | Breaking News, Markets, Shipping Indices, Statistics, Stock Markets | Read More

BDI dives further at 429…

BDI dives further at 429…
John Faraclas Sweet Sixteen; now what do these minus sixteen points mean today for the BDI? This will be the thesis for MBA students in ten years’ time!  Anyway, you know our view; let’s see just for the record how the shipping markets and their respective indices “performed” today....
January 8th, 2016 | Banking, Breaking News, Consulting, Markets, Sales and Purchases, Ship Demolitions, Ship Finance, Shipfinance, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Diana signs a term loan facility with EIBC

Diana signs a term loan facility with EIBC
Diana Shipping Inc. Announces Signing of a Term Loan Facility for up to US$75, 734, 900 with the Export-Import Bank of China ATHENS, GREECE, January 8, 2016 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced...
January 8th, 2016 | Banking, Breaking News, Consumers Market, Dry Bulkcarriers, Markets, Shipbuilding and Shipyards, Shipfinance, Statistics, Stock Markets | Read More

BDI at 467 and stalking horses are there to play…

BDI at 467 and stalking horses are there to play…
The Baltic Exchange With yet another historic low of the BDI at 467 earlier on today, things are turning sour for the many, but good for the few with good balance sheets, access to money – forget the funds as they are a bit ignorant and too slow on how to capitulate on time and gain opportunities,...
January 6th, 2016 | Breaking News, Markets, Shipping Indices | Read More

The BDI at 468; that sinking feeling…

The BDI at 468; that sinking feeling…
John Faraclas The geopolitics and “the Economy stupid” – to …paraphrase the former US President Bill Clinton, the world economic chaos, religous wars, energy issues, China et al are the parameters which brought down the market. Add greediness and lack of finance and see what’s next…  John...
January 5th, 2016 | Breaking News, Dry Bulkcarriers, Markets, Shipfinance, Statistics, Stock Markets | Read More

Foresight Group appoints Richard Sadler as new CEO

Foresight Group appoints Richard Sadler as new CEO
Richard Sadler Following the resignation of Mr Anil Deshpande as CEO of Foresight, London, the Group is pleased to announce that Mr Richard Sadler FREng has agreed to a consultancy agreement fulfilling the functions of Chief Executive Officer from 1st January 2016. Richard Sadler comes to the Group with...
December 29th, 2015 | Banking, Breaking News, Company Profiles, Headlines, People and Places, Person Profiles, Shipmanagement | Read More

New-build superyacht shelters from storms with GAC in the Netherlands and UK

New-build superyacht shelters from storms with GAC in the Netherlands and UK
Lady Lara, Amsterdam credit Jan Kegel Dartmouth,  10 December 2015 – The 91-metre new-build superyacht “Lady Lara” was forced to make an unscheduled port call in Amsterdam due to bad weather after leaving the Lürssen shipyard where she was built in Bremen, Germany. She was the largest...
December 10th, 2015 | Breaking News, Ship Agencies, Weather, Yachting | Read More

Greek government’s position statement on the refugee crisis

Greek government’s position statement on the refugee crisis
Statement by the  government spokeperson Olga Gerovasili regarding today’s press reports on the refugee crisis:  1) Greece’s suspension of the Schengen Treaty has never been raised in the EUframework. However, untrue reports on this are being reproduced, in an effort to blame Greece for...
December 2nd, 2015 | Breaking News, European Union, Immigration, Organisations | Read More

The BDI collapses; que sera, sera?

The BDI collapses; que sera, sera?
John Faraclas Today marked the lowest ever  Baltic Dry Index clocking just 504 points,   down 15 from yesterday, minus 11, 243 from its highest in May 2008 when it stood at 11, 747 points, and down  1, 770 points since December’s 2013 closing of 2, 274 being the point of no return – for the time...
November 19th, 2015 | Breaking News, Comment, Insight, Markets, Sales and Purchases, Shipping Indices, Statistics, Stock Markets | Read More

Capital Link’s CSR; the catch phrase for furthering the shipping saga

Capital Link’s CSR; the catch phrase for furthering the shipping saga
l to r: Fred Kenney (IMO), Dee Taylor (Liskow and Lewis), Harry J. Fafalios chairman GSCC and director Fafalios Shipping, Michael Lund – BIMCO chairman and moderator Peter Hinchliffe sg of ICS The 5th Capital Link Shipping & Offshore CSR Forum in London Now, what an event that was earlier today!...
November 3rd, 2015 | Academia, Alternative Sources of Energy, Anniversaries, Associations, Awards, Banking, BIMCO, Breaking News, Charity, Climate, Clubs, Communication, Company Profiles, Conferences, Seminars, Forums, Consulting, Consumers Market, Corporate Social Responsibility, Cruise Industry, Drill ships, Energy, Environment, Events, Executive Travel, Finance, Health and Safety, Holidays, HR, IACS, IMarEST, IMIF, Immigration, Insurance and Reinsurance, Intercargo, Intermanager, International Chamber of Shipping, Intertanko, Jobs, London Shipping Law Centre, Manning - Seafarers and Offshore, Marine Insurance, Maritime Accidents, Maritime Education and Training, Maritime Fraud, Maritime History and Museums, Markets, Oceanology, Oil Spill, P and I Clubs, P and I Clubs, People and Places, Piracy and Terrorism, Pollution, Ports & Terminals, Press and Media, Religion, Safety and Security, Salvage, Towage, Wreck Removals, Sanctions, Shipfinance, Shipmanagement, The Nautical Institute, WISTA - Women in Shipping | Read More

Chartworld’s CEO Antonis Faraklas receives the Lloyd’s List AMVER Assisted Rescue at Sea Award

Chartworld’s CEO Antonis Faraklas receives the Lloyd’s List AMVER Assisted Rescue at Sea Award
Antonis Faraklas Besides Shipping Business acumen, Safety, Security, the Environmental protection and above all the Human Element at sea is what our industry is all about and rewarding acts of bravery in saving lives, whilst challenging the most difficult natural element, the sea, is of paramount importance. We...
October 1st, 2015 | Breaking News, Events, Health and Safety, Maritime Accidents, People and Places, Safety and Security | Read More

New Greek Government: Flexibility and Success the name of the game or…

New Greek Government: Flexibility and Success the name of the game or…
The New Greek coalition Government’s  Cabinet announced a couple of hours ago has only one catch phrase: “Flexibility and Success or else”, as no further excuses will be allowed;  the “silent” 45 centum of those who didn’t vote will, together with those disappointed from its performance,...
September 22nd, 2015 | Breaking News, European Union, Flags, Holidays, Manning - Seafarers and Offshore, Marinas, Maritime Education and Training, Politics and Government, Ports & Terminals, Sailing, Ship Conversions, Shipbuilding and Shipyards, Shiprepair, Sports, Taxation, Tourism | Read More

Greek Elections: tough times ahead for the winners and losers

Greek Elections: tough times ahead for the winners and losers
John Faraclas outside the Greek Parliament: Watch this space… The results of today’s election in Greece will now ensure whether the winners can deliver! 45 per cent of the voters abstained in casting their vote; a very dangerous figure with incalculable, detrimental so to speak repercussions...
September 20th, 2015 | Breaking News, Comment, European Union, Events, Headlines, Insight, Politics and Government | Read More

On Alert? Mid-week shipping market blues…

On Alert? Mid-week shipping market blues…
John Faraclas In our thirty-seventh weekly recapitulation of the shipping markets, their respective main indices and world geopolitics affecting same in 2015 and beyond last Friday the 11thof September 2015, we have adequately warn you of what to expect! We were absolutely right so far in our prediction...
September 16th, 2015 | Breaking News, European Union, Markets, Organisations, Piracy and Terrorism, Politics and Government, Shipping Indices, Statistics, Stock Markets, UN | Read More

Greelections’ suspense or what else for Greece?

Greelections’ suspense or what else for Greece?
Given the hiccups following the Referendums’ and the MOU’s Greek Parliament voting results over the  last month and week respectively, the Greek Prime Minister Alexis Tsipras resigned and elections might be the name of this latest act of Greece’s modern drama!  The enfolding events as you read...
August 20th, 2015 | Breaking News, Politics and Government | Read More