Archive for the ‘News’ Category

Daily Overview of Global Markets & the SEE Region (Tuesday, October 31, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, October 31, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was little changed on the day but still below recent multi-month highs as investors turned more cautious on news that two former...
October 31st, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Wärtsilä combines competences to ensure ultra-silent propulsion for research vessel

Wärtsilä combines competences to ensure ultra-silent propulsion for research vessel
The new research vessel will feature an ultra-silent propulsion system from Wärtsilä Wärtsilä Corporation,  31 October 2017 at 10 a.m. EET The technology group Wärtsilä will supply an ultra-silent propulsion package for a new research vessel to be built for the Faroe Islands Marine Research Institute,...
October 31st, 2017 | Energy, Marine Equipment Products and Services, News, Shipbuilding and Shipyards, Technical, Technology | Read More

Falling BDI and squeezed Wets raises eyebrows…

Falling BDI and squeezed Wets raises eyebrows…
John Faraclas The BDI (Baltic Dry Index) lost another dozen of points earlier on today and now stands at 1,534 points. Geopolitics remain crucial in all fronts; John Faraclas’ daily briefing: The Capers’ BCI was down three points at 3,217… The Panamaxes lost 19 with the BPI now reads 1,498… The...
October 30th, 2017 | Associations, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

New zinc-lead project beckons in historical mining area of Serbia

New zinc-lead project beckons in historical mining area of Serbia
Rad Vukcevic (left) and Aly Nazerali. New zinc-lead project beckons in historical mining area of Serbia By James Brewer Plans to revive operations in one of the oldest mining regions in Europe are gearing up, encouraged by a bull market in non-ferrous metals. The renewed focus is on Serbia, and the spotlight...
October 30th, 2017 | Markets, Mining, News, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Monday, October 30, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, October 30, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In FX markets, the EUR/USD remained under pressure as President Mario Draghi’s dovish tone at last week’s ECB post-meeting press...
October 30th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Several binding bids for HSH Nordbank – final negotiations starting

Several binding bids for HSH Nordbank – final negotiations starting
Stefan Ermisch • Ermisch: “Investors with forward view on the Bank” • Positive trend of earnings and new business after 9 months • Significant progress in reducing legacy assets HAMBURG/KIEL – The federal state owners Hamburg and Schleswig-Holstein say that several binding bids for the entire...
October 29th, 2017 | Banking, Markets, Mergers and Acquisitions, News | Read More

EU brings money to Europe

EU brings money to Europe
Despina Doxaki EU brings money to Europe* by Despina Doxaki Banking & Finance Advisor The European Investment Bank estimates that the European Union will need to invest €2 trillion in infrastructure in the 28 member countries through 2020.  The sheer scale of the capital needed will require...
October 28th, 2017 | Automobiles, Banking, Canals, Construction, European Union, Finance, Inland Waterways, Insight, Logistics, News, Organisations, Ports & Terminals, Rail | Read More

Princess Michael of Kent’s new book A Cheetah’s Tale

Princess Michael of Kent’s new book A Cheetah’s Tale
Princess Michael: big cats close to her heart. Princess Michael of Kent’s new book A Cheetah’s Tale By James Brewer “They are so beautiful – don’t you love them?” says Princess Michael of Kent, gesturing to the slide on the screen. “They” are cheetahs, and Her Royal Highness speaks from...
October 27th, 2017 | Books, Clubs, Events, Featured, People and Places | Read More

MISC wins tanker operator Lloyd’s List 2017 Asia Pacific Awards

MISC wins tanker operator Lloyd’s List 2017 Asia Pacific Awards
Mr. W. M. Zulhilme B W M Noor, Eaglestar’s Fleet Director (LNG & Products) represented MISC Group in accepting the Lloyd’s List Tanker Operator of the Year Award from Captain Rachit Jain, Managing Director, Safe Lanes, who sponsored the award. MISC Group (MISC) won the Tanker Operator...
October 27th, 2017 | Associations, Awards, Events, People and Places, Tankers | Read More

Daily Overview of Global Markets & the SEE Region (Friday, October 27, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, October 27, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: As expected, the ECB decided at yesterday’s monetary policy meeting to keep its key interest rates stable and extend the APP programme...
October 27th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Locus Software Joins INTTRA’s Network

Locus Software Joins INTTRA’s Network
Sherrie Orzechowski, Vice President, Strategic Alliances, INTTRA Parsippany, NJ, and Hampshire, UK – INTTRA, the world’s largest neutral electronic transaction platform, today announced Locus Software Limited has joined its network of partners. Locus Software is the developer of Odyssey,...
October 26th, 2017 | IT and Communications, Marine Equipment Products and Services, Markets, News, Technology | Read More

The BDI@1,555…

The BDI@1,555…
John Faraclas Correction, loss of steam, uncertainty, volatility, you name it..? To “entertain” your wonder and possibly your curiosity, the reply is simply: “oh well, all in one; a bit of everything”. The BDI’s (Baltic Dry Index) recovery from the 10th of February 2016 – when it clocked...
October 26th, 2017 | Banking, Chartering, Dry Bulkcarriers, Finance, Markets, Military, News, Reports, Shipfinance, Statistics, Stock Markets, Tankers | Read More

Tove Jansson: beyond Moominvalley

Tove Jansson: beyond Moominvalley
Jansson’s Keep Sweden Clean poster. Tove Jansson: beyond Moominvalley By James Brewer Devotion to the oceans and to the cause of cleaner seas – such are among the many facets of an artist best known for her creation of the intriguing Moomin characters. The lesser chronicled characteristics of...
October 26th, 2017 | Art and auctions, Books, Events, Exhibitions, Paintings and Sculpture | Read More

Moore Stephens says ship operating costs are set to increase for 2017 and 2018

Moore Stephens says ship operating costs are set to increase for 2017 and 2018
Richard Greiner Vessel operating costs are expected to rise in both 2017 and 2018, according to the latest survey by international account and shipping consultant Moore Stephens. Repairs & maintenance and spares are the cost categories which are likely to increase most significantly in each of the...
October 26th, 2017 | HR, News, Reports | Read More

IMO promotes fishing vessel safety agreement to save lives

IMO promotes fishing vessel safety agreement to save lives
​“We want to reduce loss of life in one of the most dangerous professions in the world, and we want to enhance safety on board fishing vessels,” said Ms Allnutt, Head of Maritime Technology in IMO’s Maritime Safety Division. When it comes to fishing vessel safety, the mission is clear, says...
October 26th, 2017 | Environment, News, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, October 26, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, October 26, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: All eyes today are on the ECB monetary policy meeting where the Central Bank is expected to taper further, announcing a reduction to...
October 26th, 2017 | Markets, News, Reports, Statistics, Stock Markets | Read More

Market drops with the BDI@1,573…

Market drops with the BDI@1,573…
John Faraclas As predicted in our yesterday’s recap the Markets are losing steam; the BDI (Baltic Dry Index) lost 15 points and now reads 1,573! Geopolitics worsens, despite the politicians efforts to hide the real situation; shame! John Faraclas’ midweek market recap: The Capers remained stuck with...
October 25th, 2017 | News | Read More

Tanker conference focuses on environmental and human capital challenges and growth opportunities

Tanker conference focuses on environmental and human capital challenges and growth opportunities
Image Caption; see at the end of this news* The second The Maritime Standard Tanker Conference, which took place at the Grosvenor House Hotel, Dubai, on 24th October, underlined the potential that exists for growth and development within the region’s tanker sector. To achieve this, however, speakers...
October 25th, 2017 | Conferences, Seminars, Forums, Markets, Tankers | Read More

Fugro applies market-leading seeps expertise to Canada’s growing offshore industry

Fugro applies market-leading seeps expertise to Canada’s growing offshore industry
Fugro Discovery Fugro has teamed up with Amplified Geochemical Imaging (AGI) to acquire offshore hydrocarbon seep data in advance of Canada’s 2018 east coast bid round. Bathymetry, backscatter and water column anomaly data will be collected to pull together a comprehensive picture of surficial geological...
October 25th, 2017 | Energy, Oil Industry, Underwater Shipping | Read More

Celestyal Cruises announces its 2018 7-day idyllic Aegean itinerary

Celestyal Cruises announces its 2018 7-day idyllic Aegean itinerary
Kyriakos Anastassiadis Company offers the best all inclusive cruises in the Greek Islands with overnights in Mykonos and Santorini Ports of Call Include Milos, Heraklion and Samos or Kusadasi Piraeus, Greece: Celestyal Cruises is pleased to announce its 2018 7-Day Idyllic Aegean itinerary, which the...
October 25th, 2017 | Cruise Industry, Holidays, Maritime Tourism | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, October 25, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, October 25, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was firmer in European trade on Wednesday on newswires suggesting that Stanford University economist John Taylor is the potential...
October 25th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Are the shipping markets losing steam or what…?

Are the shipping markets losing steam or what…?
John Faraclas With the BDI  (Baltic Dry Index) at 1,588 points, plus two it seems that we are in an odd market. Geopolitics are so perplexed and you must have magic, superior qualities to know and understand of is yet to come. John Faraclas’ brief daily recap: The volatile Capers’ BCI gained 15...
October 24th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets | Read More

Tototheo Maritime expands presence in Greece

Tototheo Maritime expands presence in Greece
Despina Panayiotou Theodossiou, Tototheo Maritime joint Chief Executive Officer. Tototheo Maritime, a global supplier of technology and innovation support to shipowners and operators in their technical development, has announced the expansion of its presence in Greece. The new office opened for business...
October 24th, 2017 | Communication, Company Profiles, IT and Communications, News | Read More

New LNG Carrier for Ichthys LNG Project Named “OCEANIC BREEZE”

New LNG Carrier for Ichthys LNG Project Named “OCEANIC BREEZE”
Naming Ceremony of “OCEANIC BREEZE” Kawasaki Kisen Kaisha, Ltd. (“K” Line) held a naming ceremony for a newly-built liquefied natural gas (LNG) carrier at Nagasaki Shipyard of Mitsubishi Heavy Industries, Ltd. (MHI). The new vessel was given her name “OCEANIC BREEZE” by Mr. Toshiaki Kitamura,...
October 24th, 2017 | Events, LNG, News, Shipbuilding and Shipyards, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, October 24, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, October 24, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD edged lower early on Tuesday as market attention turns to the candidate who will replace Fed Chair Janet Yellen when her term...
October 24th, 2017 | Banking, Finance, Markets, News, Person Profiles, Reports, Shipfinance | Read More