Archive for the ‘News’ Category

The BDI@1,339: The roulette wheel keeps turning. It all depends on what day of the week you fix

The BDI@1,339: The roulette wheel keeps turning. It all depends on what day of the week you fix
John Faraclas The BDI@1,339: The roulette wheel keeps turning. It all depends on what day of the week you fix. Just compare to only 5 days ago (22/11) and see what you get out of this. The BCI has exactly doubled whilst Handies and Supras are completely flat; all the Capes heading to China. Geopolitics...
November 27th, 2018 | Associations, Classification Societies, Insight, Insurance and Reinsurance, IUA, Marine Insurance, Markets, News, Reports, Technical, Technology | Read More

“Amerika Square” triumphs in Piccadilly Circus!

“Amerika Square” triumphs in Piccadilly Circus!
Marblemen Productions receive the Founders Award for Sustainability on the Big Screen from Surina Narula MBE © Photo by Yakir Zur On Monday 26th November, 2018 at the iconic building of BAFTA in Piccadilly, London, “Amerika Square”, the Greek feature film which represented Greece at the 90th Academy...
November 27th, 2018 | Awards, Events, Film Industry, Immigration | Read More

HFW: Insurance Bulletin – November 2018

HFW: Insurance Bulletin – November 2018
Costas FrangeskidesPartnerHolman Fenwick Willan LLP In this issue: Regulation and legislation; Court cases and arbitration; HFW publications and events 1. Regulation and Legislation UK: Unfair pricing practices? FCA launches market study into the retail home and motor markets 2. Court cases and arbitration England...
November 27th, 2018 | Communication, Insight, Insurance and Reinsurance, Legal, Marine Insurance | Read More

Countries victims of ‘ninja’ loans, Central bank digital currencies report

Countries victims of ‘ninja’ loans, Central bank digital currencies report
. Commentary: Countries victims of ‘ninja’ loans By Herbert Poenisch in Beijing Countries need infrastructure in much the same way that US families needed houses before the 2008 financial crisis. The ‘American dream’ was to provide everyone with their own home. Similarly, poorer...
November 27th, 2018 | Banking, Comment, Finance, Markets, Reports | Read More

We can only deduce that the BCI and by default the BDI is totally disingenuous….

We can only deduce that the BCI and by default the BDI is totally disingenuous….
John Faraclas The BDI (Baltic Dry Index) skyrocketed at 1,217 – a 124 points plus due to the Capes’ take-off. Geopolitics as we have warned you in writing – as always are at the worse ever point with dangerous development expected to take place soon. It was a very difficult but equally interesting...
November 26th, 2018 | Chartering, Comment, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Trade and Commerce | Read More

The Oinoussians back to their …London roots…

The Oinoussians back to their …London roots…
A full house at the Nine Kings Suite Following last year’s 75th anniversary of the Oinoussai Benevolent Fund and its Oinoussian Ball at the historic Tower of London – whose battlements were adorned with the OBF logo sending the message from Father Thames to the rest of Planet Ocean, this year’s...
November 26th, 2018 | Anniversaries, Charity, Events, Maritime Education and Training, People and Places, Social Columns | Read More

Diana reports financial results for Q3 and Nine Months rnded September 30, 2018

Diana reports financial results for Q3 and Nine Months rnded September 30, 2018
Diana Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2018 ATHENS, GREECE, November 26, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today reported net income...
November 26th, 2018 | Accountancy, Dry Bulkcarriers, Markets, News, Reports, Shipmanagement, Statistics, Stock Markets | Read More

ECB must address QE misallocation risk, Adapting to changing US-China relations

ECB must address QE misallocation risk, Adapting to changing US-China relations
.. Commentary: ECB must address QE misallocation risk By Frank Westermann in Osnabrück By the end of this year, the European Central Bank is expected to end its monthly net asset purchases. This raises several questions about the ECB’s reinvestment strategy and the implications for individual...
November 26th, 2018 | Banking, Comment, Events, Conferences,Forums and Symposiums, Finance, Markets, Reports, Trade and Commerce | Read More

2020: Shipowners have a cause to be awake at night!

2020: Shipowners have a cause to be awake at night!
Unni Einemo introduces the panel IBIA’s 2018 Annual Convention in Copenhagen will remain for a multiple of reasons in the hearts and minds of all present as well as those reading various reports in the media for ever. It was one of the most timely events over the last 25 years! John Faraclas writes: John...
November 24th, 2018 | Bunkering, Conferences, Seminars, Forums, Events, Shipmanagement | Read More

… one size doesn’t fit all as crazy Capes are up “again”…

… one size doesn’t fit all as crazy Capes are up “again”…
John Faraclas … one size doesn’t fit all as crazy Capes are up “again”… In continuation of yesterday’s title – Capes “fight” back to keep the pace, but…” we feel obliged to remind you that one size not only doesn’t fits all but more importantly same doesn’t constitute a market....
November 23rd, 2018 | Arctic Shipping, Banking, Chartering, Environment, Events, Conferences,Forums and Symposiums, Headlines, Insight, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Diana Containerships Inc. reports financial results for the Third Quarter and Nine Months ended September 30, 2018

Diana Containerships Inc. reports financial results for the Third Quarter and Nine Months ended September 30, 2018
.. ATHENS, GREECE, November 23, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today reported a net loss of $6.3 million for the third quarter of 2018, compared to a net loss of $8.7 million for the same...
November 23rd, 2018 | Accountancy, Company Profiles, Container shipping, Containers, Markets, Reports, Statistics, Stock Markets | Read More

IMO Council agreed to renew the appointment of Kitack Lim as Secretary-General of the IMO for a second four-year term

IMO Council agreed to renew the appointment of Kitack Lim as Secretary-General of the IMO for a second four-year term
IMO’s Secretary-General Kitack Lim The IMO Council has agreed to renew the appointment of Kitack Lim as Secretary-General of the IMO for a second four-year term, beginning 1 January 2020, subject to the approval of the IMO Assembly in December 2019. ___ www.allaboutshipping.co.uk congatulates and...
November 23rd, 2018 | IMO, News, Organisations, Person Profiles, Shipping Centers, Story of the Day, UN | Read More

Cheer up – it’s the best UK can do, Outlook for reserve asset management

Cheer up – it’s the best UK can do, Outlook for reserve asset management
United Kingdom’s PM Theresa May Commentary: Cheer up, it’s the best UK can do By Meghnad Desai in London Theresa May is safe from a leadership challenge through her rebellious but so far irresolute backbenchers. Just as the challenge to the prime minister in the 1922 Committee has not happened...
November 23rd, 2018 | Banking, Conferences, Seminars, Forums, Finance, Markets | Read More

Capes “fight” back to keep the pace, but…

Capes “fight” back to keep the pace, but…
  John Faraclas The BDI (Baltic Dry Index) gained ten points earlier on today and now stands at 1,018, thanks to the mild rise of the Capes; Geopolitics still messy. John Faraclas’ brief recap: The Capes’ BCI was up 33 points and now stands at 1,089 points, a bit of a less than yesterday’s gains… The...
November 22nd, 2018 | Anniversaries, Comment, Dry Bulkcarriers, Environment, Insight, Markets, Military, Religion, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Marseille Fos set to offer LNG bunkering

Marseille Fos set to offer LNG bunkering
View of the Marseille port Work is underway for the imminent provision of LNG bunkering facilities at Marseille Fos following a feasibility study initiated by the port authority aimed at reducing the impact of ship emissions.  In late 2017 the authority set up a working group to examine relevant logistical...
November 22nd, 2018 | Bunkering, LNG, News, Port Conditions, Ports & Terminals | Read More

IBIA at the Annual Mediterranean Bunker Fuel Conference

IBIA at the Annual Mediterranean Bunker Fuel Conference
Only 8 days left until the 7th Annual Mediterranean Bunker Fuel Conference, taking place on 29th-30th November, in Divani Caravel Hotel in Athens, Greece. IBIA Director Unni Einemo will be participating as a key speaker. Why attend? With IMO2020 implementation fast approaching: discuss how the 0.5%...
November 22nd, 2018 | Bunkering, Conferences, Seminars, Forums, Emissions, Energy, Environment, Markets | Read More

KR’s SeaTrust-HullScan software wins 2018 Tanker Safety Award

KR’s SeaTrust-HullScan software wins 2018 Tanker Safety Award
KR’s executive vice president Mr Hyungchul Lee accepting the award; to his left is Edwin Lampert The Korean Register of Shipping (KR) has won the 2018 Tanker Safety Award for its specialist software – SeaTrust-HullScan. The annual award is presented to a company that has shown excellence...
November 22nd, 2018 | Awards, Events, Conferences,Forums and Symposiums, Health and Safety, News, Safety and Security, Tankers | Read More

Trump stuck with Powell despite strains, Global crypto-asset regulatory landscape

Trump stuck with Powell despite strains, Global crypto-asset regulatory landscape
Commentary: Trump stuck with Powell despite strains By Darrell Delamaide in Washington Minneapolis Federal Reserve President Neel Kashkari’s defiance on the Fed’s interest rate increases has made commentators wonder if he was angling for Jerome Powell’s job as Fed chair. Donald Trump...
November 22nd, 2018 | Banking, Finance, News | Read More

The BDI … “stands” the test of time

The BDI … “stands” the test of time
John Faraclas – picture credits by Georgina Lazaridis The BDI (Baltic Dry Index) clinches five much needed points – thanks to the “everlasting” Capes’ volatility and now stands at 1,008 points. Geopolitics in red! John Faraclas’ daily briefing: The culprit …err the Capes “did it”...
November 21st, 2018 | Chartering, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

FUGRO Generates AUD 10 million cost saving award-winning ROV deployment technique

FUGRO Generates AUD 10 million cost saving award-winning ROV deployment technique
Fugro’s award-winning PDROV technology delivers substantial cost-savings and operational improvements. Fugro’s innovative use of platform deployed ROV (PDROV) technology has demonstrated substantial reductions in the costs of subsea jacket inspections and significant operational improvements. Recognised...
November 21st, 2018 | Energy, Gas, Oceanology, Oil Industry, Underwater Shipping | Read More

Diversity – does it matter in shipping?

Diversity – does it matter in shipping?
Professor Averil Macdonald OBE Diversity – does it matter in shipping? by  Professor Averil Macdonald OBE, DSc, D.Univ, FInstP, FRSA. Emeritus Professor University of Reading, Senior Warden Worshipful Company of Fuellers. Organisations of all sizes across every industry sector are scrutinising their...
November 21st, 2018 | Academia, Associations, Charity, Comment, Communication, Featured, HR, Insight, Jobs, WISTA - Women in Shipping | Read More

After the controversial Withdrawal Agreement, what next for Brexit?

After the controversial Withdrawal Agreement, what next for Brexit?
The City of London Eurobank Research: After the controversial Withdrawal Agreement, what next for Brexit? (21 November, 2018) The draft Withdrawal Agreement on a technical level sealed between the UK government and the EU27 on 13 November regarding the terms of the Brexit divorce, was supposed to be...
November 21st, 2018 | Banking, Finance, Insight, Markets, Reports, Trade and Commerce | Read More

Digital defence in the maritime industry

Digital defence in the maritime industry
As owners act to fortify their ships and shore-side operations against cyber risk in the face of evolving threats and imminent regulation, DNV GL has expanded its services to cover control systems, software, procedures and human factors.  by Svante Einarsson, Senior Cyber Security Advisor, DNV GL Although...
November 21st, 2018 | Classification Societies, Corruption, Insight, IT and Communications, Marine Equipment Products and Services, Maritime Fraud, Safety and Security, Technical, Technology | Read More

Flying high: birdlife on Aegean island of Karpathos beckons tourists

Flying high: birdlife on Aegean island of Karpathos beckons tourists
Eleanora’s falcon. Photo Jakob Fric. Flying high: birdlife on Aegean island of Karpathos beckons tourists By James Brewer Blue bays, secluded beaches and white-washed villages might be enough to lure most visitors to the southern Aegean island of Karpathos. Sun and sand-seeking tourists are increasingly...
November 20th, 2018 | Exhibitions, Food and Drink, Holidays, Maritime Tourism, News, Tourism | Read More

Raising the bar with the ‘New GEA Marine Separator’

Raising the bar with the ‘New GEA Marine Separator’
(l to ): Armand Chua, Nikeel Idnani, Anastasiia Rybiakova, Faisal Basir, Sven Mario Jadzinski, Anu Mathew and Bilal Al Habash Under the auspices of the Institute of Marine Engineering, Science & Technology (IMarEST) UAE Branch, GEA, a leading system supplier of high-performance engine room equipment,...
November 20th, 2018 | Associations, Conferences, Seminars, Forums, Events, IMarEST, Marine Equipment Products and Services | Read More