Archive for the ‘News’ Category

Foresight chiefs in top form at 2018 industry barbecue

Foresight chiefs in top form at 2018 industry barbecue
Dr and Mrs Mehrotra welcomed old friends. Foresight chiefs in top form at 2018 industry barbecue Dr Ravi Kumar Mehrotra, CBE, irrepressible executive chairman of Foresight Ltd, and fellow director Mrs Mehrotra, extended a warm welcome to some 450 guests invited to the company’s annual BBQ, a highlight...
January 21st, 2018 | Anniversaries, Company Profiles, Events, Food and Drink, People and Places, Person Profiles | Read More

Falling BDI@1,125: what a finale…

Falling BDI@1,125: what a finale…
John Faraclas As we expected the BDI (Baltic Dry Index) continued is fall – not yet a free fall, but a considerable one and now, thanks once again to the Capers the BDI stands at 1,125 points – minus 14. On a weekly basis the BDI lost 154 points!!!! The Geopolitical situation per our prognosis turns...
January 19th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Tankers | Read More

Natural Fenosa and Baleària sign the first permanent LNG bunkering contract for ship propulsion in Spain

Natural Fenosa and Baleària sign the first permanent LNG bunkering contract for ship propulsion in Spain
..Adolfo Utor and Joaquín Mendiluce The energy companies and shipping company close an exclusive supply contract for 10 years. GAS NATURAL FENOSA to supply the ports operated by Baleària. This is the first permanent, multi-system bunkering supply contract for ship propulsion with liquefied natural...
January 19th, 2018 | Bunkering, LNG, News, Ports & Terminals | Read More

Daily Overview of Global Markets & the SEE Region (Friday, January 19, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, January 19, 2018)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD remained under pressure in European trade on Friday with the DXY index hovering within sight from yesterday’s fresh three-year...
January 19th, 2018 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

American P&I Club Centennial Celebration in Athens

American P&I Club Centennial Celebration in Athens
The Senior Management of the American Club with the staff of SCB Hellas and AHHIC Shipowners Claim Bureau Hellas, the Greece branch of the manager of the American P&I Club, organized an exemplary anniversary formal dinner party at the Grand Bretagne Hotel as a final celebration in 2017 of 100 years...
January 19th, 2018 | Anniversaries, Events, P and I Clubs | Read More

Liberia opens state-of-the-art maritime training institute

Liberia opens state-of-the-art maritime training institute
Pictured at the opening ceremony, front row, left to right, are Juah Lawson (Chair of the Board of Directors of the Liberian Maritime Administra-tion), Ellen Johnson-Sirleaf  (President of Liberia), Abraham Avi Zaidenberg (Managing Director of LMTI), James Kollie (Liberian Maritime Administration Commissioner),...
January 19th, 2018 | Events, Flags, Maritime Education and Training, Shipmanagement | Read More

Is BDI’s fall here to stay..?

Is BDI’s fall here to stay..?
John Faraclas The BDI (Baltic Dry Index) continued its downfall as did Geopolitics and things are getting more than sour every single hour; we are living in interesting times. John Faraclas’ daily briefing: With minus 25 points the BDI now stands at 1,139 thanks to the as ever volatile and enigmatic...
January 18th, 2018 | Chartering, Containers, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Sales and Purchases, Shipping Indices, Tankers | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, January 18, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, January 18, 2018)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Euro area bond yields were up on the day, remaining though within recent ranges, as investors await more hints for the ECB’s policy...
January 18th, 2018 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

From 1 January 2018 large ships must monitor and report CO2 emissions

From 1 January 2018 large ships must monitor and report CO2 emissions
Valentina Keys As of 1 January 2018, subject to a few exclusions, ships over 5000 gross tonnage (“Relevant Ships”) became subject to monitoring and reporting requirements on carbon dioxide emissions (CO2), fuel consumption and cargo carried within all ports under the jurisdiction of a Member State...
January 18th, 2018 | Emissions, Environment, Insight, Legal, Regulatory | Read More

BIMCO launches new innovative contract editing solution

BIMCO launches new innovative  contract editing solution
Grant Hunter Head of Contracts and Clauses at BIMCO BIMCO has taken a big step forward and launched an innovative new solution for editing contracts. The solution is called SmartCon, and it makes contractual work easier and more secure. The product was launched at an event in Singapore today (Thursday...
January 18th, 2018 | BIMCO, Chartering, Fixtures, Insight, Markets | Read More

Beata Korabiowska takes the reins for Hilton exhibition

Beata Korabiowska takes the reins for Hilton exhibition
Beata Korabiowska. Beata Korabiowska takes the reins for Hilton exhibition By James Brewer Pegasus, winged and divine; and the unicorn with its purity of heart: these untamed, equine creatures of fantasy have long been colourfully depicted by image-makers. The London painter Beata Korabiowska is reinvigorating...
January 18th, 2018 | Art and auctions, Events, Exhibitions, Paintings and Sculpture | Read More

Widen BDI losses as the Capes dive…

Widen BDI losses as the Capes dive…
John Faraclas The BDI ended up… down at 1,164 points – minus 57 due to the unprecedented but expected from this medium Capers volatility and fall… Geopolitics continue to deteriorate in all fronts. John Faraclas brief market report: The Capers following yesterday’s loss of 221 points today same...
January 17th, 2018 | Chartering, Dry Bulkcarriers, Events, Markets, Oil Industry, Shipping Indices, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, January 17, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, January 17, 2018)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Long-dated euro area government bonds were modestly firmer in European trade on Wednesday after newswires conveyed that the ECB is...
January 17th, 2018 | Banking, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Families meet to commemorate wartime British seamen lost on HMS Narwhal

Families meet to commemorate wartime British seamen lost on HMS Narwhal
WWII submarine HMS Narwhal. Families meet to commemorate wartime British seamen lost on HMS Narwhal By Piotr Michalik A group of intrepid Polish divers were in London for an emotional meeting on January 12, 2018, with relatives of the brave seamen who served on HMS Narwhal, a British submarine sunk...
January 17th, 2018 | Military, News | Read More

The BDI’s winter Blues…

The BDI’s winter Blues…
John Faraclas The BDI (Baltic Dry Index) lost 43 points earlier on today and now reads 1,221 sending mixed messages. Geopolitics in jeopardy. John Faraclas’ brief recap: The Capers loss of 221 points was the talk in the Square Mile earlier on today. At 2,010 points looks vulnerable and if, repeat if...
January 16th, 2018 | Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

14+1 reasons to visit Astypalea island in 2018

14+1 reasons to visit Astypalea island in 2018
. The winter holidays are over, and you’re bracing for the cold months ahead. Sounds like the perfect time to start thinking about that summer getaway? Oh yes! Feeling the white sand in between your toes already? That’s a good start! Keep that ultimate summer escape in your mind and go with it. Don’t...
January 16th, 2018 | Holidays, Maritime Tourism, People and Places, Tourism | Read More

First ever container ship to receive cyber enabled ship descriptive note ‘Cyber AL3 SECURE PERFORM (Energy Management System)’ is delivered

First ever container ship to receive cyber enabled ship descriptive note ‘Cyber AL3 SECURE PERFORM (Energy Management System)’ is delivered
An image of MV COSCO Shipping Aries 20K TEU container ship built by NACKS has an energy management system cyber-certified by LR 16 January 2018 – MV COSCO Shipping Aries, delivered to COSCOS today, is the first ever container ship to receive LR’s Cyber-enabled ship (CES) descriptive note ‘Cyber...
January 16th, 2018 | Classification Societies, Container shipping, News, Shipbuilding and Shipyards, Technical, Technology | Read More

DNV GL launches new JDP to test biodegradable lubricants

DNV GL launches new JDP to test biodegradable lubricants
Oil sample bottles Oslo/Hamburg, 16 January 2018: Classification society DNV GL has launched a new joint development project (JDP) in cooperation with marine insurers The Swedish Club, Norwegian Hull Club, Gard and Skuld to test the potential influence of Environmentally Acceptable Lubricants (EALs)...
January 16th, 2018 | Bunkering, Classification Societies, Marine Equipment Products and Services, News, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, January 16, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, January 16, 2018)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD showed signs of stabilization in European trade on Tuesday while US Treasuries and euro area bonds were little changed with...
January 16th, 2018 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Shipfinance, Statistics, Stock Markets | Read More

Aldermore appoints head of specialist vehicle valuation

Aldermore appoints head of specialist vehicle valuation
Tim Bearder Aldermore, the specialist bank, has announced the appointment of Tim Bearder as Head of Specialist Vehicle Valuations, a key role within the Bank’s Business Finance division. The new role, will see Tim be responsible for vehicle valuations in the newly created Specialist Car team at Aldermore. Tim,...
January 16th, 2018 | Automobiles, Banking, Car trade, Company Profiles, Finance, HR, News, Person Profiles | Read More

Hill Dickinson: Shipping case digest – January 2018

Hill Dickinson: Shipping case digest – January 2018
. Shipping case digest January 2018 Welcome to this month’s edition of our shipping case digest, providing you with concise and useful summaries of recent legal decisions in the shipping market. Transgrain Shipping (Singapore) Pte Limited -v- Yangtze Navigation (Hong Kong) Co. Limited [2017] EWCA...
January 16th, 2018 | Insight, Legal, Reports | Read More

BDI: the fall continues…

BDI: the fall continues…
John Faraclas The BDI (Baltic Dry Index) lost earlier on today another fifteen points and now stands at 1,264 which is 983 points below the end of December 2013 level! CAUTION! John Faraclas’ daily briefing: The Capes lost 65 points and the BCI now reads 2,231 points. Losses for the Panamaxes with...
January 15th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Tankers | Read More

Young designer scoops top prize with philanthropic superyacht design

Young designer scoops top prize with philanthropic superyacht design
Christopher Mobley, Superyacht UK Young Designer 2018 Philanthropic design proved the key to success at this year’s annual Superyacht UK Young Designer Competition 2018, in partnership with Pendennis Shipyard and Olesinski, as Christopher Mobley, a transport design student from Staffordshire...
January 15th, 2018 | Awards, Events, Exhibitions, News | Read More

Daily Overview of Global Markets & the SEE Region (Monday, January 15, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, January 15, 2018)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD extended its recent losses in European trade on Monday on the view that other G10 central banks will follow the Fed in gradually...
January 15th, 2018 | Banking, Finance, News, Reports, Shipfinance, Statistics, Stock Markets, Tankers | Read More

QuantiServ introduces robotised laser technology that drastically increases the lifespan of 2-stroke engine pistons

QuantiServ introduces robotised laser technology that drastically increases the lifespan of 2-stroke engine pistons
QuantiServ’s new laser cladding technology revolutionises the reconditioning of 2-stroke engine pistons Wärtsilä Corporation, 15 January 2018 at 11.45 a.m. EET Wärtsilä Services’ Business Line QuantiServ, which offers specialised maintenance and repair services for marine and energy customers...
January 15th, 2018 | News | Read More