Archive for the ‘News’ Category

Stena Drilling Ltd. receives first DNV GL MPD class notation

Stena Drilling Ltd. receives first DNV GL MPD class notation
Stena Carron is the first drillship to receive the notation Drill(MPD) from DNV GL. Høvik, 13 April 2018: DNV GL has revised its classification rules for Managed Pressure Drilling (MPD) systems and introduced two new class notations DRILL(MPD) and DRILL(MPD READY). Stena Drilling Ltd. (SDL) is the...
April 13th, 2018 | Classification Societies, Drill ships, Energy, News | Read More

Lloyd’s Register Foundation workshop aims to improve safety in two of the world’s most dangerous industries.

Lloyd’s Register Foundation workshop aims to improve safety in two of the world’s most dangerous industries.
Prof. Richard Clegg Recommendations targeting the unacceptably high fatality rates in the fishing and ferries industries will be published later this year.  Lloyd’s Register Foundation (the Foundation), a charity helping to protect the safety of life and property by supporting education, research...
April 13th, 2018 | Charity, Classification Societies, Health and Safety, News, Safety and Security | Read More

Capers’ “surge” lifts BDI@993 amid the coming Armageddon…

Capers’ “surge” lifts BDI@993 amid the coming Armageddon…
John Faraclas – picture credits by Georgina Lazaridis The BDI (Baltic Dry Index) gained 14 points since yesterday, thanks to the as ever volatile Capers and is an iota away from the 1,000 point threshold; the geopolitical situation might create a situation of no return. John Faraclas’ daily market...
April 12th, 2018 | Chartering, Containers, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

AET Tankers and Shell enter into time charter arrangements for two LNG fuelled Aframax tankers

AET Tankers and Shell enter into time charter arrangements for two LNG fuelled Aframax tankers
Perspective of an AET LNG dual-fuelled Aframax tanker Today in London, AET Inc. Limited and Shell International Trading and Shipping Company Limited formalised arrangements for the long-term charter of AET’s two newbuild LNG dual-fuelled Aframax tankers. AET’s two 113,000 dwt vessels are...
April 12th, 2018 | Bunkering, LNG, Markets, News, Shipbuilding and Shipyards, Tankers, Technical, Technology | Read More

Bureau Veritas extends digital portfolio with ‘PSC Ready’ application

Bureau Veritas extends digital portfolio with ‘PSC Ready’ application
New Bureau Veritas App, PSC Ready, helps ship managers and crews prepare for Port State Control inspections  BV’s ‘PSC Ready’ is a digital application to help ships’ crews to prepare for port state control (PSC) inspections Freely available to all in the industry for use on mobile, laptop...
April 12th, 2018 | Classification Societies, IT and Communications, News, Technical, Technology | Read More

Lawrence Waterman receives Lifetime Achievement Award

Lawrence Waterman receives Lifetime Achievement Award
Lawrence Waterman (on the left) receives Lifetime Achievement Award from Tim Else Director of Western Business Publishing Lawrence Waterman, OBE, Chairman of the British Council, has been honoured with the Lifetime Achievement Award for his contribution to health and safety at the Safety and Health...
April 12th, 2018 | Associations, Awards, Events, News, People and Places | Read More

The BDI@979: uncertainty and unsustainability… War is on!

The BDI@979: uncertainty and unsustainability… War is on!
John Faraclas The BDI (Baltic Dry Index) gained five points earlier on today – thanks once again to the Capers and a bit to the Panamaxes, and now stands at 979 points. Geopolitics and the Global Economy in total mess. John Faraclas’ brief Market recap: The Capers’ BCI clinched ten points –...
April 11th, 2018 | Chartering, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Exhibitions, Food and Drink, Immigration, Insight, Marinas, Markets, Military, News, Reports, Safety and Security, Sailing, Sanctions, Shipping Indices, Sports, Statistics, Stock Markets, Tankers, Trade and Commerce, Yachting | Read More

Wind Propulsion is an Essential Tool in Shipping’s Decarbonisation Efforts says the International Windship Association

Wind Propulsion is an Essential Tool in Shipping’s  Decarbonisation Efforts says the International Windship Association
Windship technology [11 April 2018]: The International Windship Association, along with it’s 40-plus member companies and organisations is positioned to help the shipping industry meet urgent and ambitious carbon reduction targets to be set by the International Maritime Organization (IMO) at MEPC72...
April 11th, 2018 | Environment, Insight, Marine Equipment Products and Services, Technology | Read More

Hellenic Coast Guard and Bureau Veritas renew their cooperation agreement

Hellenic Coast Guard and Bureau Veritas renew their cooperation agreement
Vice Admiral Stamatios Raptis with Paillette Palaiologou In the presence in Piraeus of the leading ranks of the Hellenic Coast Guard and representatives of the Paris-headquartered classification society Bureau Veritas an updated authorisation agreement was signed on Orthodox Holy Wednesday (4/4/2018)....
April 11th, 2018 | Classification Societies, Flags, News, Politics and Government, Regulatory | Read More

Warehouse inventory using drones…

Warehouse inventory using drones…
WMS-Warehouse management system GEODIS and DELTA DRONE have entered the industrialization production phase of their completely automated solution After almost two years of development, the completely automatic warehouse inventory solution using drones, perfected by GEODIS and DELTA DRONE, will be operational...
April 11th, 2018 | Aviation, News, Ship Supplies, Stores and Provisions, Technology | Read More

Capers’ gains improve the BDI now at 974…

Capers’ gains improve the BDI now at 974…
John Faraclas The BDI (Baltic Dry Index) ended up earlier on today with 22 points plus, thanks to the Capers; geopolitics urge us all to refrain from actions that sooner or later we will regret doing. John Faraclas’ daily briefing: The Capers’ BCI was up 76 points and now stands at 930; good...
April 10th, 2018 | Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Vassilios Kostetsos mesmerizing “Narcissus”

Vassilios Kostetsos mesmerizing “Narcissus”
On the stage of the World Vassilios Kostetsos: mesmerising “Narcissus”  Spring Summer 2019 Haute Couture Show under the Acropolis. One of the most celebrated and revered Greek fashion designers of all time, Vassilios Kostetsos, saw every artist’s dream come true when he became the first couturier...
April 10th, 2018 | Events, Fashion, People and Places, Social Columns | Read More

Delivery of World’s First LNG-Fuelled Bulk Carrier Announced

Delivery of World’s First LNG-Fuelled Bulk Carrier Announced
The Ilshin Green Iris (picture courtesy Lloyd’s Register) MAN B&W ME-GI engine powers 191-metre newbuilding The delivery of the ‘Ilshin Green Iris’, the world’s first LNG-fuelled bulk carrier, has been announced. The vessel was constructed at Hyundai Mipo Dockyard (HMD) in Korea for Ilshin...
April 10th, 2018 | Bunkering, LNG, Marine Equipment Products and Services, News, Shipbuilding and Shipyards, Technical, Technology | Read More

Diana fixes panamax “Melia” on period t/c with United

Diana fixes panamax “Melia”  on period t/c with United
Diana Shipping Inc. Announces Time Charter Contract for m/v Melia with United ATHENS, GREECE, April 10, 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 subsidiary,...
April 10th, 2018 | Dry Bulkcarriers, Markets, News, Statistics, Stock Markets | Read More

Pirate attacks worsen in Gulf of Guinea

Pirate attacks worsen in Gulf of Guinea
Captain Pottengal Mukundan. London and Kuala Lumpur, 10 April 2018 – A surge in armed attacks against ships around West Africa is pushing up global levels of piracy and armed robbery at sea, warns the International Chamber of Commerce’s International Maritime Bureau (IMB). IMB’s Piracy...
April 10th, 2018 | Bribery and Corruption, Corruption, Health and Safety, Maritime Fraud, Military, News, Piracy and Terrorism, Reports, Safety and Security, Seizures | Read More

The Capers try to “lift” the BDI but…

The Capers try to “lift” the BDI but…
John Faraclas – picture credits by Georgina Lazaridis The BDI (Baltic Dry Index) following an unprecedented fall over the last fortnight managed to clinch just four points earlier on today thanks to the Capers’ 30 points and at 952 takes …a deep breath… Geopolitics in this extended Easter...
April 9th, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Celebrating health and safety heroes

Celebrating health and safety heroes
Sophie Harwood receiviing the Young Health & Safety Champion Award 201 Health and Safety Champions, Employee Wellbeing Initiatives and Health and Safety Innovations are shortlisted for International Safety Awards 2018 Recognising individual contributions to keeping workers and workplaces healthy...
April 9th, 2018 | Awards, Health and Safety, News, Safety and Security | Read More

Flemming Pedersen – at the centre of Denmark’s Energy Metropolis – lauds the Blue MBA

Flemming Pedersen – at the centre of Denmark’s Energy Metropolis – lauds the Blue MBA
Flemming Aarhus Pedersen. Photo: MEDVIND/ Bent Sørensen Flemming Aarhus Pedersen, chief financial officer at the Port of Esbjerg, is looking forward to the next stages in the city’s ascent as Denmark’s energy capital. He is confident that his participation in the Executive MBA in Shipping &...
April 9th, 2018 | Academia, Energy, Maritime Education and Training, News, Person Profiles, Ports & Terminals | Read More

Reviving Palmyra in Multiple Dimensions!

Reviving Palmyra in Multiple Dimensions!
New in store: ”Reviving Palmyra in Multiple Dimensions: Images, Ruins and Cultural Memory” In 2015–2017 Palmyra, a World Heritage Site situated in Syria, was conquered by ISIS who destroyed its monuments and museum, also killing several of its inhabitants. Their aim was to erase the memory...
April 9th, 2018 | Archaeology, Books, Education and Training, Insight, Paintings and Sculpture, Photography, Piracy and Terrorism | Read More

Grounded BDI@948 raises fears…

Grounded BDI@948 raises fears…
John Faraclas – picture credits Georgina Lazaridis The BDI ended up at 948 points – down five since yesterday, and 107 since Thursday the 29th of March when it stood at 1,055 – the point when we raised the alarm. The geopolitics are worsening and the trade wars add “substance” to the norm...
April 6th, 2018 | Dry Bulkcarriers, Markets, Military, News, Religion, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Babcock wins vent gas cooler technology contract

Babcock wins vent gas cooler technology contract
Babcock Vent Gas Cooler Babcock LGE, the specialist technology provider for the marine liquefied gas market has secured a new contract for its patented Vent Gas Cooler (VGC™) technology. This follows the recent award for its ground-breaking ecoSMRT® LNG reliquefaction technology for four newly ordered...
April 6th, 2018 | Marine Equipment Products and Services, News, Technical, Technology | Read More

OKA Shipyard lays keels for ROB20 tank barges duo

OKA Shipyard lays keels for ROB20 tank barges duo
Oka Keellaying Okskaya Sudoverf (a company of UCL Holding) has laid down the fifth and the sixth non-self-propelled tank barges of Project ROB20 (Hulls No 4105 and No 4106) under the order of State Transport Leasing Company (STLC PJSC). Non-self-propelled tank barges of Project ROB20 are intended for...
April 6th, 2018 | Logistics, Marine Equipment Products and Services, News, Ports & Terminals, Shipbuilding and Shipyards | Read More

SCF Group concludes USD 252 million long-term credit facility

SCF Group concludes USD 252 million long-term credit facility
From the signing of the agreement* PAO Sovcomflot (SCF Group) is pleased to announce that it has signed a new USD 252 million 7-year credit facility with a consortium of six leading international banks, which includes: ABN AMRO Bank; BNP Paribas; Citibank; ING Bank; KfW IPEX-Bank, and Société Générale. The...
April 6th, 2018 | Banking, Company Profiles, LNG, News, Shipfinance, Tankers | Read More

The BDI@953; the fall continues amid a fragile “peace”…

The BDI@953; the fall continues amid a fragile “peace”…
John Faraclas – picture credits by Georgina Lazaridis The BDI (Baltic Dry Index) earlier on today lost 24 points and things, as we have predicted, might lead – hopefully NOT, to a point of no return. World Peace is at stake. John Faraclas’ daily recap: Today’s Market fall for both Dry and...
April 5th, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

The BDI@977; the Dog isn’t barking…

The BDI@977; the Dog isn’t barking…
John Faraclas The BDI (Baltic Dry Index) lost another 39 points since yesterday and the three-digit number , as well as the fact that all indices  – Dry and Wets, are in red might be the preamble of a yet another summer of discontent… The Geopolitical environment with the economic and trade...
April 4th, 2018 | Chartering, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More