Archive for the ‘News’ Category

Babcock International wins 21st ecoSMRT® contract

Babcock International wins 21st ecoSMRT® contract
.. Babcock International, the Aerospace and Defence company, has secured its 21st ecoSMRT® supply contract at Hyundai Heavy Industries (HHI) in South Korea, since first contract award in February 2018. ecoSMRT®, the liquefied natural gas (LNG) single mixed refrigerant (SMR) solution, developed...
February 1st, 2019 | Marine Equipment Products and Services, News, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Friday, February 1, 2019)

Daily Overview of Global Markets & the SEE Region (Friday, February 1, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: European bourses were mixed in early trade on Friday while Asian equity ended almost flat this morning as renewed concerns about China’s growth prospects offset positive signs from US/China trade talks. According to US President Donald...
February 1st, 2019 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@668; come hell or high water…

The BDI@668; come hell or high water…
John Faraclas The BDI (Baltic Dry Index) lost another 53 points today as well as the 700 points threshold; the Wets suffered too in a red day for all. Geopolitics as always enigmatic and perplexed and we are sending a warning, a red alert as things might get off hand; an economic war is far worse than...
January 31st, 2019 | Art and auctions, Chartering, Comment, Exhibitions, Insight, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

PM must push Brexiteers against the wall, CCE and normalising monetary policy

PM must push Brexiteers against the wall, CCE and normalising monetary policy
United Kingdom’s PM Theresa May Commentary: PM must push Brexiteers against the wall By Joergen Oerstroem Moeller in Singapore Prime Minister Theresa May’s Brexit deal has been rejected – again – because she is not in control of her party. In the probable case of no meaningful concessions...
January 31st, 2019 | Banking, Comment, Markets | Read More

Midweek blues with the BDI@721…

Midweek blues with the BDI@721…
John Faraclas The entire Market – both Dry and Wet was down today and I guess you must be very affluent this time to avoid even more losses… Let’s see how many can sail through… Geopolitics in total mess affecting the entire shipping industy. John Faraclas’ midweek note: The BDI (Baltic...
January 30th, 2019 | Chartering, Comment, Dry Bulkcarriers, Insight, Markets, Obituaries, Reports, Sanctions, Seizures, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Speech by Mark Sobel: US international financial diplomacy – past, present, future

Speech by Mark Sobel: US international financial diplomacy – past, present, future
Mark Sobel Speech: ‘US international financial diplomacy – Past, present, future,’ by Mark Sobel, US chairman, OMFIF Published on 30 January 2019 In a speech delivered at an OMFIF roundtable in London, Mark Sobel, former deputy assistant secretary for international monetary and financial policy...
January 30th, 2019 | Conferences, Seminars, Forums | Read More

Capital Ship Management Corp. and Liberty One announce the acquisition of two high specification Container Vessels ‘Asterix’ and ‘Apostolos II’ by their Joint Venture: “Capital Liberty Invest”.

Capital Ship Management Corp. and Liberty One announce the acquisition of two high specification Container Vessels ‘Asterix’ and ‘Apostolos II’ by their Joint Venture: “Capital Liberty Invest”.
The “ASTERIX” Athens, Leer, January 30, 2019. Capital Liberty Invest, the joint venture between Capital Ship Management and Liberty One, recently acquired its first two high specification feeder container vessels which will come under the technical management of Liberty Blue in Leer, Germany.  The...
January 30th, 2019 | Container shipping, Containers, Markets, News | Read More

Concept Design and Engineering for World’s first Pure-Electric tanker completed

Concept Design and Engineering for World’s first Pure-Electric tanker completed
… Asahi Tanker Co. Ltd, together with its partner Exeno-Yamamizu Corporation Tokyo, has jointly developed the new domestic shipping tanker design which incorporates “zero emission electric propulsion”. In anticipation of future adaptations to regulatory conformity ClassNK has been appointed...
January 30th, 2019 | Emissions, Environment, Insight, Marine Equipment Products and Services, News, Shipbuilding and Shipyards, Story of the Day, Tankers | Read More

Powell should ease US monetary policy, Financial instability series

Powell should ease US monetary policy, Financial instability series
Janet Yellen Commentary: Powell should ease US monetary policy By Desmond Lachman in Washington In 2017, a key monetary policy mistake of the US Federal Reserve under Janet Yellen was to keep monetary policy too loose despite a strong increase in US stock prices. Hopefully Jay Powell does not make that...
January 30th, 2019 | Banking, Comment, Finance, Markets, News | Read More

The Truth: the BDI@797

The Truth: the BDI@797
John Faraclas “ ‘Tis strange- but true; for truth is always strange; Stranger than fiction !” Lord Byron was absolutely right… So here we go with yet another Market total fall; The BDI lost 55 points and things are getting sour but cool; cheer up the worse is yet to come. The geopolitics still...
January 29th, 2019 | Academia, Art and auctions, Charity, Chartering, Clubs, Conferences, Seminars, Forums, Consumers Market, Cruise Industry, Dry Bulkcarriers, Events, Events, Conferences,Forums and Symposiums, Exhibitions, Exhibitions, Fashion, Headlines, Insight, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

LR and UMAS release new ‘Zero-Emission Vessels Transition Pathways’ study

LR and UMAS release new ‘Zero-Emission Vessels Transition Pathways’ study
  Katherine H. Palmer 29 January 2019 – Today, Lloyd’s Register (LR) and University Maritime Advisory Services (UMAS) have released ‘Zero-Emission Vessels Transition Pathways’, a study that aims to show what is needed to enable the transition, both at the ship and supply infrastructure...
January 29th, 2019 | Academia, Classification Societies, Emissions, Environment, Insight | Read More

IMCA seminar on the use of the competence e-Portfolio

IMCA seminar on the use of the competence e-Portfolio
Nick Hough, IMCA Technical Adviser – HSSE, Offshore Survey and ROV  IMCA SEMINAR ON THE USE OF THE COMPETENCE e-PORTFOLIO Understanding the advantages of IMCA’s competence e-portfolio How the e-portfolio works in practice Seminar – 5 February 2019, Aberdeen The International Marine Contractors...
January 29th, 2019 | Associations, Conferences, Seminars, Forums, Education and Training, HR, Jobs, Maritime Education and Training | Read More

The BDI@ 852: the effect is shuttering

The BDI@ 852: the effect is shuttering
John Faraclas The BDI ended with another loss making day, minus 53 points; Geopolitics become more than weird. John Faraclas daily briefing: An expected fall as the Dry Market begins to dry out! The Capes’ BCI lost nearly 100 points – 99 to be precise! At 1,631 and with the 1,700 point-base lost...
January 28th, 2019 | Chartering, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Naval ambition and rustic harmony: the art of members of Kiev Union of Artists

Naval ambition and rustic harmony: the art of members of Kiev Union of Artists
Naval cadet. Oil painting by Grigori Minski. Naval ambition and rustic harmony: the art of members of Kiev Union of Artists By James Brewer Posing a little nervously, the cadet stands solitary and proud on the deck of his ship, which presumably lies close to the Ukrainian shore of the Black Sea. He is...
January 28th, 2019 | Art and auctions, Exhibitions, Paintings and Sculpture | Read More

SAL Heavy Lift delivers bridge sections from China to Norway

SAL Heavy Lift delivers bridge sections from China to Norway
MV Trina discharging unit 1.2 73,8 x 5,5 x 5,8 m – 321 t Hamburg, 28 January 2019 – SAL Heavy Lift delivers 12 bridge sections for the Beitstadsundbrua bridge from China to Norway. The final bridge is part of the largest road construction project in northern Trøndelag, will measure 580 m in...
January 28th, 2019 | Construction, News | Read More

B&M increases imports through the Port of Liverpool

B&M increases imports through the Port of Liverpool
A Maersk Line vessel docking at the Port of Liverpool B&M, one of the UK’s leading variety retailers, has announced it is increasing its cargo into the Port of Liverpool by 30 per cent following frustrations with delay-struck southern ports. After completing a successful trial at the port, the...
January 28th, 2019 | Consumers Market, Liner Shipping and Trade, Logistics, News, Port Conditions, Ports & Terminals, Trade and Commerce | Read More

Jittery Markets with the BDI@905…

Jittery Markets with the BDI@905…
John Faraclas – picture credits Kenny Hickey The BDI (Baltic Dry Index) fell substantially from what one proportionally can calculate – do please the analysis and see the fall percentage-wise as well as historically-wise… Triple-digit losses the name of the game… The Geopolitical issues...
January 25th, 2019 | Art and auctions, Chartering, Comment, Dry Bulkcarriers, Insight, Markets, Military, Paintings and Sculpture, Religion, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Roots & Rifts at Shoreditch’s Espacio Gallery

Roots & Rifts at Shoreditch’s Espacio Gallery
Marta Boros. Roots & Rifts at Shoreditch’s Espacio Gallery  By James Brewer Polish-born painter Marta Boros continues her autobiographical journey with a new work at the latest group exhibition at Espacio Gallery in London’s trendy Shoreditch. Her bold contribution is entitled Lost in Space,...
January 25th, 2019 | Art and auctions, Exhibitions, People and Places | Read More

Appointment of Nikos Benetis as Group Director, Hull & Machinery and Due Diligence Services

Appointment of Nikos Benetis as Group Director, Hull & Machinery and Due Diligence Services
Nikos Benetis LOC Group is pleased to announce the appointment of Nikos Benetis as Group Director of Hull & Machinery and Due Diligence Services. Nikos has been with LOC since 2017, previously in the role of Director of Financial Institution Advisory Services, and takes on his new role as part of...
January 25th, 2019 | Company Profiles, Marine Equipment Products and Services, News, Person Profiles, Technology | Read More

Euro: Success and vulnerability, Central banks and supervisory tech

Euro: Success and vulnerability, Central banks and supervisory tech
Vitor Constâncio Commentary: Euro – Success and vulnerability By Kat Usita in London Challenges facing Europe’s unfinished monetary union were discussed in a wide-ranging OMFIF London City Lecture with Vitor Constâncio, former vice-president, European Central Bank, Lucrezia Reichlin, London...
January 25th, 2019 | Conferences, Seminars, Forums, Finance | Read More

The BDI@939: brace!

The BDI@939: brace!
John Faraclas – picture credits Kenny Hickey The BDI (Baltic Dry Index) lost 43 points earlier on today –  better than yesterday when the loss was 54 points and let’s hope that things change. The Geopolitics are now entering the worse stage; it will be the beginning of the end… Globalisation...
January 24th, 2019 | Chartering, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Strong year confirms Marseille Fos growth trend

Strong year confirms Marseille Fos growth trend
Marseille Volumes last year in key areas of activity confirmed Marseille Fos as the leading French cargo and cruise port – a result matched by dynamic progress at its logistics and industrial sites.     Total cargo throughput improved 1% on 2017 to 81 million tonnes.  Standout performances included...
January 24th, 2019 | Markets, News, Port Conditions, Ports & Terminals, Reports, Ro-Ro and Passenger Ferries, Shiprepair, Statistics, Tankers, Trade and Commerce | Read More

GAC Norway opens new Arctic Circle branch in response to growing demand

GAC Norway opens new Arctic Circle branch in response to growing demand
GAC Norway’s Regional Manager Henning Kjøs Lien (far right) with the team he is working with at Tromsø: Reidun K. Lie (SIVA representative); Marit Andreassen, Linken (Receptionist & Coordinator) and Dan Røberg (shipping agent). Tromsø, Norway, 24 January 2019 – Growing interest in year-round...
January 24th, 2019 | Arctic Shipping, Cruise Ferry, Cruise Industry | Read More

Emerging market trials persist, Ahead of the ECB podcast

Emerging market trials persist, Ahead of the ECB podcast
Commentary: Emerging market trials persist By Gary Kleiman in Washington Last year’s thrashing in all emerging market investment classes, with debt, equity and currencies in simultaneous decline for the first time in a decade, prompted reconsideration of allocation rationale into the next decade. Crises...
January 24th, 2019 | Banking, Comment, Markets, Reports | Read More

The BDI@982: a disaster waiting to happen

The BDI@982: a disaster waiting to happen
John Faraclas – picture credits Kenny Hickey The BDI (Baltic Dry Index) fell below the 1,000 points psychological threshold; an expected fall and now reads 982 – minus 54 points. Geopolitics continue to deteriorate all over Planet Ocean. John Faraclas’ daily markets briefing: The Capes’ triple-digit...
January 24th, 2019 | Banking, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Emissions, Energy, Environment, Finance, HR, Markets, Oceanology, Pollution, Shipfinance, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More