Archive for the ‘News’ Category

Dry Market hiccups with the BDI down at 1,732…

Dry Market hiccups with the BDI down at 1,732…
John Faraclas The BDI (Baltic Dry Index) lost 41 points and now thanks to the volatile Capes, reads 1,732. Geopolitics getting more perplexed. John Faraclas’ brief market recap: The Capes back again to volatility – 104 points were wiped-off earlier on from the BCI which now stands at 3,550 points. The...
August 7th, 2018 | Chartering, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Damen Marine Components to supply Chilean Navy for ANTARCTIC I project

Damen Marine Components to supply Chilean Navy for ANTARCTIC I project
Chilean Navy Asmar Icebreake Damen Marine Components has won a contract to supply steering gear, rudders and stern tube parts for an Antarctic Research vessel of the Chilean Navy, under LRS -Polar 5 Class notation. The contract was awarded by ASMAR Talcahuano Shipyard, Chile. Design of the vessel was...
August 7th, 2018 | Marine Equipment Products and Services, Military, News, Shipbuilding and Shipyards, Technical, Technology | Read More

Half a million seafarers across the world have benefited from revolutionary app

Half a million seafarers across the world have benefited from revolutionary app
Two of the seafarers visited using the Ship Visitor app Half a million seafarers have benefited from an app that helps them as they move from port to port around the world, according to the charity that invented it. Developed by international maritime charity Sailors’ Society, the International Christian...
August 7th, 2018 | HR, News | Read More

Panamaxes continuous losses ground the BDI@1,773…

Panamaxes continuous losses ground the BDI@1,773…
John Faraclas – picture by ecopack77 Perplexed Market figures amid a Trade War fiasco, particularly for those seeking “revenge” but cannot go all the way… John Faraclas’ brief market recap: The BDI (Baltic Dry Index) remained the same but the interest has been focused on both the Capes...
August 6th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Tankers | Read More

Envirocleanse enters USCG Approval Process

Envirocleanse enters USCG Approval Process
Matt Hughes Envirocleanse LLC inTankTM Ballast Water Treatment System Submits Application to US Coast Guard for Type Approval Certificate Houston, TX (USA) – Envirocleanse LLC, division of Charter Brokerage LLC, a BERKSHIRE HATHAWAY company, announces submission of an application to the US Coast...
August 6th, 2018 | Environment, Marine Equipment Products and Services, News, Pollution, Technical, Technology | Read More

V.Group announces new model of technical management with ‘Fleet Cell of the Future’

V.Group announces new model of technical management with ‘Fleet Cell of the Future’
.. New model of technical management increases performance by encouraging innovation with a purpose, and designing basic unit of operations around the customer’s needs London, August 6 2018: V.Group, the leading global marine and offshore vessel management and support services provider, today announced...
August 6th, 2018 | News, Shipmanagement, Technical | Read More

Breaking News: Wildfires – Greek Alternate Minister Nikos Toskas resigns

Breaking News: Wildfires – Greek Alternate Minister Nikos Toskas resigns
A burnt down house – picture by Regina Faraclas Blaze and Blame continues – the first resignation; Nikos Toskas a retired rmy general and Citizens Protection alternate minister resigned following the wildfires and the end of the state of emergency declared last week. Let’s see how many will...
August 3rd, 2018 | Breaking News, Politics and Government | Read More

BIMCO ECSA leadership meeting in Athens

BIMCO ECSA leadership meeting in Athens
Anastasios Papagianopoulos The BIMCO President, Mr Anastasios Papagiannopoulos and ECSA President, Mr Panos Laskarides met in Athens recently to discuss areas of cooperation and further alignment between the two leading associations representing shipowners globally and in Europe respectively. “ECSA...
August 3rd, 2018 | Associations, BIMCO, Events, Conferences,Forums and Symposiums, News | Read More

Strong passenger numbers for Viking Line in July- Second highest volume ever – more than 951,010 passengers sailed on the company’s vessels

Strong passenger numbers for Viking Line in July- Second highest volume ever – more than 951,010 passengers sailed on the company’s vessels
The “Viking XPRS” Viking Line recorded total passenger volume of 951,010 passengers on its routes in July. That figure is better than the level reached during 2015, a record year for the company, with the corresponding capacity. Last year, volume surpassed the one-million passenger mark...
August 3rd, 2018 | Cruise Ferry, Markets, News, Ro-Ro and Passenger Ferries | Read More

Daily Overview of Global Markets & the SEE Region (Friday, August 3, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, August 3, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Shrugging off gains in Wall Street overnight on a technology-led rise, Asian equity indices traded mixed on Friday amid mounting trade war concerns. In response, the US dollar extended its overnight gains against a basket of major...
August 3rd, 2018 | Banking, Finance, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Oppps !!! Falling Panamaxes brings down the BDI…

Oppps !!! Falling Panamaxes brings down the BDI…
John Faraclas – picture by ecopack77 The BDI (Baltic Dry Index) lost four points earlier on today and now reads 1,756 points. Geopolitics still messy. John Faraclas’ brief market recap: The Capes were also a bit down despite its BCI increase of 19 points – now reading 3,534 points.  Still...
August 2nd, 2018 | Associations, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Exhibitions, Markets, Reports, Shipping Indices, Tenders, Trade and Commerce | Read More

Wärtsilä’s divers enable operators to avoid unscheduled dry-dockings

Wärtsilä’s divers enable operators to avoid unscheduled dry-dockings
Hull cleaning Vessels’ repair needs do not always match with planned maintenance schedules. With specialist underwater teams, no vessel is far from fast, high-quality repair and refurbishment that enable operators to avoid the potential loss of income related to dry-docking. As the first global operator...
August 2nd, 2018 | Marine Equipment Products and Services, Shiprepair, Underwater Shipping | Read More

TMS Awards secures royal patronage

TMS Awards secures royal patronage
H.H Sheikh Ahmed Bin Saeed Al Maktoum. Dubai, 1st August 2018: For the fifth year in a row The Maritime Standard (TMS) has secured the royal patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President, Dubai Civil Aviation Authority and Chairman and Chief Executive, Emirates Airline and...
August 2nd, 2018 | Awards, Events, People and Places | Read More

The BDI@1,760; contained rise…

The BDI@1,760; contained rise…
John N. Faraclas – picture by George Christakis The BDI (Baltic Dry Index) clinched 13 points earlier on today and at 1,760 still remains safe. Geopolitics in tatters. John Faraclas’ mid-week brief recap: The Capes’ BCI now stands at 3,515 – that’s 44 points plus; a bit of a contained rise...
August 1st, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Diana announces appointment of directors and executive officers

Diana announces appointment of directors and executive officers
DIANA SHIPPING INC. ANNOUNCES APPOINTMENT OF DIRECTORS AND EXECUTIVE OFFICERS ATHENS, GREECE, August 1, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, effective August 1, 2018, the Company...
August 1st, 2018 | Company Profiles, Markets, News, Person Profiles, Stock Markets | Read More

Icebreaking LNGC Christophe de Margerie transits Northern Sea Route in record time for July

Icebreaking LNGC Christophe de Margerie transits Northern Sea Route in record time for July
Christophe de Margerie loading Sabetta Dec 2017 Christophe de Margerie, the icebreaking LNG carrier owned and operated by Sovcomflot (SCF Group), has crossed the Northern Sea Route (NSR) in a new record time, for a merchant ship without icebreaker support, during the month of July. The vessel covered...
August 1st, 2018 | Arctic Shipping, LNG, News, Technical, Technology | Read More

Sea Port of St. Petersburg H1 cargo throughput rises 5 percent

Sea Port of St. Petersburg H1 cargo throughput rises 5 percent
Sea Port of St. Petersburg In the first half of 2018, AO Sea Port of St. Petersburg (SP SPb, a company of UCL Holding) handled over 3.8 million tonnes, which represents a 5% growth on the same period a year earlier.   The growth was driven primarily by increased handling of metal scrap, mineral fertilizers...
August 1st, 2018 | Markets, News, Ports & Terminals, Reports, Statistics, Trade and Commerce | Read More

Launch of joint concentrated inspection campaign on MARPOL Annex VI

Launch of joint concentrated inspection campaign on MARPOL Annex VI
Richard Schiferli The Maritime Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will launch a joint Concentrated Inspection Campaign (CIC) on MARPOL Annex VI. The main objectives of this CIC are to: establish the level of compliance with the requirements...
August 1st, 2018 | Emissions, Environment, Health and Safety, Maritime Accidents, Maritime Education and Training, News, Oil Spill, Pollution, Safety and Security | Read More

Blaze and Blame

Blaze and Blame
.John Faraclas WITHOUT PREJUDICE Blaze and Blame Eight days have passed since the despicable events of the 23rd of July in Attica – mainly hitting Kineta, Mati, Rafina, Little Red Port, Neos Voutzas in the wildfires inferno which until this moment have claimed the lives of 92 people including young...
July 31st, 2018 | Corruption, Health and Safety, Insight, Politics and Government, Safety and Security | Read More

Crowley Adds Greater Velocity to U.S. Mainland-Puerto Rico Supply Chain with First Sailing of new LNG-Powered ConRo Ship

Crowley Adds Greater Velocity to U.S. Mainland-Puerto Rico Supply Chain with First Sailing of new LNG-Powered ConRo Ship
The “El Coqui” (San Juan, Puerto Rico; July 31, 2018) – Crowley Maritime Corp.’s new container/roll on-roll off “ConRo” ship El Coquí successfully delivered its first cargo from Jacksonville, Fla., to the company’s modernized Isla Grande Terminal in San Juan yesterday – a...
July 31st, 2018 | Bunkering, Container shipping, LNG | Read More

Venezuela joins WISTA International

Venezuela joins WISTA International
l to r: Jeanne M. Grasso, Débora Valera, Despina Panayiotou Theodosiou The Women’s International Shipping & Trading Association (WISTA) continues its expansion in South America, welcoming WISTA Venezuela. WISTA Venezuela joins WISTA Argentina, WISTA Brazil, WISTA Peru, and WISTA Uruguay in...
July 31st, 2018 | Charity, Clubs, People and Places, WISTA - Women in Shipping | Read More

The Capes rollercoaster continues…

The Capes rollercoaster continues…
John Faraclas The BDI  ended up at 1,703, that’s  +27 points all thanks to the Capes as all other indices fell or remained idle. Geopolitics far worse than last Friday the 27th of July. John Faraclas’ daily market and geopolitics brief: The Capes’ BCI   gained 83 points and now reads 3,280,...
July 30th, 2018 | Dry Bulkcarriers, Markets, News, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Diana fixes Capesize “Seattle” on period t/c with Koch

Diana fixes Capesize “Seattle” on period t/c with Koch
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER  CONTRACT FOR M/V SEATTLE WITH KOCH ATHENS, GREECE, July 30, 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,...
July 30th, 2018 | Chartering, Company Profiles, Dry Bulkcarriers, News, Stock Markets | Read More

AMERICAN P & I Club manager prepares for further growth with a series of new appointments

AMERICAN P & I Club manager prepares for further growth with a series of new appointments
Dorothea Ioannou, Chief Commercial Officer (CCO) Four ‘C Level’ positions filled by experienced Club employees to strengthen service capabilities for a growing membership and to help embrace future challenges  New York, July 30, 2018:  Shipowners Claims Bureau, Inc. (SCB), the Manager of the American...
July 30th, 2018 | Company Profiles, News, P and I Clubs, Person Profiles | Read More

Bureau Veritas issues new FSU notations and guidelines for the conversion of existing LNG carriers to FSRUs / FSUs

Bureau Veritas issues new FSU notations and guidelines for the conversion of existing LNG carriers to FSRUs / FSUs
Matthieu de Tugny, COO, Bureau Veritas, Marine & Offshore Bureau Veritas issues new FSU notations and guidelines for the conversion of existing LNG carriers to FSRUs / FSUs The notation FSU – LNG provides the specific classification requirements including structure and safety aspects for floating...
July 30th, 2018 | Classification Societies, Energy, LNG, News, Oil Platforms and Rigs, Shipmanagement | Read More