Archive for the ‘News’ Category

Capital Ship Management Corp. takes delivery of M/T ‘Amphion’

Capital Ship Management Corp. takes delivery of M/T ‘Amphion’
The eco-tyoe VLCC m/t “Amphion” Athens, Greece, January 11, 2019. Capital Ship Management Corp. took successful delivery today of the newbuilding vessel M/T ‘Amphion’, a 320,000 dwt, eco-type VLCC crude oil tanker, built by Samsung Heavy Industries, S.Korea. It is the first of four sister...
January 11th, 2019 | News, Shipbuilding and Shipyards, Tankers | Read More

Back to Brussels on Brexit, In conversation with Marco Cattaneo

Back to Brussels on Brexit, In conversation with Marco Cattaneo
. Commentary: Back to Brussels on Brexit By Norman Lamont in London Prime Minister Theresa May, facing a crucial House of Commons vote on 15 January on Britain’s EU exit, is running down the clock until members of parliament feel they have no option but to back the government’s deal over...
January 11th, 2019 | Banking, Comment, Finance, Markets | Read More

Punjab beckons anew a rich mix of visitors

Punjab beckons anew a rich mix of visitors
Alka Kapoor, a leading promoter of Punjab tourism. Punjab beckons anew a rich mix of visitors  By James Brewer Alexander the Great took his conquering armies as far as what is now Punjab, in an invasion that changed the fate of India as a whole. His ruthless foray into the region finds echoes to this...
January 10th, 2019 | Insight, People and Places, Tourism | Read More

The Funds

The Funds
Emmanouela Depounti The Funds By Emmanouela Depounti, Attorney at Law, Former legal advisor of Agricultural Bank of Greece SA, Former introducer of Astrobank Ltd (Cyprus). Part of the population in Greece strongly believes that the reason why the subject of non-performing loans  (NPL) was allowed to...
January 10th, 2019 | Banking, Comment, Finance, Markets | Read More

Overview of the Greek privatisations programme: Delays challenge investors’ confidence and expected revenue for 2019

Overview of the Greek privatisations programme: Delays challenge investors’ confidence and expected revenue for 2019
.. Greece – Focus Notes (Thursday, 10 January 2019) Overview of the Greek privatisations programme: Delays challenge investors’ confidence and expected revenue for 2019 The present report, attached herebelow*, looks at the progress of the privatisations programme in recent months, the projects...
January 10th, 2019 | Banking, Insight, News, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, January 10, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, January 10, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In FX markets, the DXY index extended recent losses with the EUR/USD hitting a near three-month peak of 1.1570 earlier today following the release of the minutes from the December FOMC policy meeting. The minutes revealed that many...
January 10th, 2019 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Non-American should lead World Bank, Global economic challenges in 2019

Non-American should lead World Bank, Global economic challenges in 2019
Commentary: Non-American should lead World Bank By Mark Sobel in Washington Since the creation of the International Monetary Fund and World Bank at the end of the second world war, an American has led the Bank (Jim Yong Kim, who announced his resignation from the presidency on Monday, is Korean-American)...
January 10th, 2019 | Banking, Comment, Conferences, Seminars, Forums, Reports | Read More

Diana Containerships Inc. announces share repurchase program

Diana Containerships Inc. announces share repurchase program
.. ATHENS, GREECE, January 9, 2019 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that its Board of Directors authorized a share repurchase program to purchase up to an aggregate of US$6.0 million...
January 9th, 2019 | Container shipping, Containers, Markets, Stock Markets | Read More

Italy is not Greece

Italy is not Greece
Emmanouela Depounti Italy is not Greece By Emmanouela Depounti, Attorney at Law, Former legal advisor of Agricultural Bank of Greece SA, Former introducer of Astrobank Ltd (Cyprus). …And it’ s about time to stop the comparison between Italy’s 10th largest bank,  Banca Carige, which has been put...
January 9th, 2019 | Banking, Comment, Insight | Read More

New appointments to Baltic Exchange Council

New appointments to Baltic Exchange Council
The Baltic Exchange The Baltic Exchange is pleased to announce three new appointments to the Baltic Exchange Council (BEC), the governing body which oversees the Baltic’s strategy for membership services, social responsibility, charities and its relationship with its members, governments, regulatory...
January 9th, 2019 | Markets, News, Person Profiles, Stock Markets | Read More

Back to pre-1914 Fortress America, Fed Talk: 2018 overview and 2019 outlook

Back to pre-1914 Fortress America, Fed Talk: 2018 overview and 2019 outlook
. Commentary: Back to pre-1914 Fortress America By Meghnad Desai in New Delhi President Donald Trump has redefined the aims of US foreign policy. We are back to pre-1914 ‘Fortress America’. The US entered the first world war only because of the German U-boat sinking of the RMS Lusitania....
January 9th, 2019 | Banking, Conferences, Seminars, Forums, Events, Finance, Military, News, Politics and Government | Read More

Capes volatility keeps the uncertain markets “afloat”…

Capes volatility keeps the uncertain markets “afloat”…
John Faraclas The BDI  (Baltic Dry Index) gained 15 points earlier on this afternoon and now stands at 1,262 points. Geopolitics still the same; John Faraclas’ brief recap: The Capes “hit” again with the BCI at 2,117 – a good  triple points rise of 101 but again this cannot constitute...
January 8th, 2019 | Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, January 8, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, January 8, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Wall Street rallied overnight on Friday’s strong US employment report and dovish remarks by Fed Chairman Jerome Powell. European equity indices followed suit and opened higher on Tuesday with tech shares outperforming the market,...
January 8th, 2019 | Banking, Finance, Markets, News, Shipfinance | Read More

The Greek Banking Issue

The Greek Banking Issue
Emmanouela Depounti The Greek Banking Issue By Emmanouela Depounti, Attorney at Law, Former legal advisor of Agricultural Bank of Greece SA, Former introducer of Astrobank Ltd (Cyprus). The problematic banking system in Greece is not a recent phenomenon. It started in 2001 and was underlined in September...
January 8th, 2019 | Banking, Comment, Insight, Markets | Read More

British politics caught in zugzwang, Advancing the European regulatory agenda

British politics caught in zugzwang, Advancing the European regulatory agenda
Commentary: British politics caught in zugzwang By John Nugée in London The various pro- and anti-Brexit camps in the House of Commons are all caught in a sort of zugzwang, to borrow the phrase from chess – they are safe if they do nothing, but if any camp forces a vote it may end up triggering exactly...
January 8th, 2019 | Comment, Conferences, Seminars, Forums, Politics and Government | Read More

The BDI is now 1,000 points below the Dec 2013 closing…

The BDI is now 1,000 points below the Dec 2013 closing…
John Faraclas. Picture credits George Christakis The BDI (Baltic dry Index) lost 13 points and now reads 1,247 – 1,000 points below the closing of Dec 2013!  Geopolitics still messy; John Faraclas’ brief daily market recap: The Capes were the only size to clinched points and the BCI now reads 2,016...
January 7th, 2019 | Chartering, Dry Bulkcarriers, Insight, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

North P&I Club’s Rune Dybedal appointed NSOCC chairman

North P&I Club’s Rune Dybedal appointed NSOCC chairman
Rune Dybedal, Chairman of the North Sea Operators’ Claims Conference (NOSCC) January 7, 2018 – North P&I Club’s Rune Dybedal has been appointed Chairman of the North Sea Operators’ Claims Conference (NSOCC). Dybedal will use his Chairmanship to continue to develop the NSOCC as...
January 7th, 2019 | Company Profiles, News, P and I Clubs, Person Profiles | Read More

Daily Overview of Global Markets & the SEE Region (Monday, January 7, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, January 7, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In early European trade today, core government bond yields were off last week’s fresh lows in reaction to FOMC Chairman Jerome Powell’s dovish remarks at the American Economic Association’s annual meeting in Atlanta on Friday....
January 7th, 2019 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

IMCA safety statistics – a new look for the new year

IMCA safety statistics – a new look for the new year
Nick Hough, IMCA’s Technical Adviser, responsible for IMCA’s Health, Safety, Security & Environment Committer IMCA contractor members to take part in annual safety survey The International Marine Contractors Association (IMCA) is introducing a new web-based method for collecting safety...
January 7th, 2019 | Associations, News, Safety and Security | Read More

Yacht Club of Greece: An Epiphany with Apollo’s blessing

Yacht Club of Greece: An Epiphany with Apollo’s blessing
From the ceremony with the Holy Cross ready to be lowered Yacht Club of Greece: An Epiphany with Apollo’s blessing Anny Zade and John Faraclas were there with their cameras This year’s Epiphany at the Holly Rock by the Sea – I mean the Yacht Club of Greece – attracted nearly 370 guests – members...
January 6th, 2019 | Events, Holidays, News, People and Places, Religion, Sailing, Sports, Yachting | Read More

Tough and Tenacious

Tough and Tenacious
Photo: Nick Leggatt/Row4Ocean DAKAR TO PARAMARIBO – 2305nm Row4Ocean – World Record Attempt to row 2305nm. Africa to South America. Port of Departure: Dakar, Senegal, Africa – Port of Arrival: Paramaribo, Suriname, South America. Team: Patrick Bol, Lewis Knollman,Andrew Ruinoff, Matt...
January 5th, 2019 | Events, Rowing, Sports | Read More

Markets in despair but hope and success is there only for the adventurous risk-takers…

Markets in despair but hope and success is there only for the adventurous risk-takers…
John Faraclas The BDI (Baltic Dry Index) fall was very much contained, thanks once again to the volatile Capes. The New Year as we believe might begin when the Far East and mainly Japan begin to kick-off. Geopolitics as ever messy. John Faraclas’  daily and …Festive Season’s recaps: The...
January 4th, 2019 | Bribery and Corruption, Chartering, Emissions, Energy, Environment, Insight, Markets, Military, News, Pollution, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

“K” Line Group: 2019 New Year Message from the President

“K” Line Group: 2019 New Year Message from the President
Eizo Murakami, President & CEO “Coming together, let’s step forward towards a new 100 years” To everyone throughout the entire “K” Line Group, I extend my very sincerest Happy New Year wishes. As we enter 2019, I would like to take this opportunity to share a few words with you.  During...
January 4th, 2019 | Anniversaries, Consumers Market, Liner Shipping and Trade, Markets, News | Read More

Amendments to Oslo Børs’ rules for issuers

Amendments to Oslo Børs’ rules for issuers
04/01/2019 – Oslo Børs’ rules for issuers are amended due to the repeal of the Stock Exchange Act and the Stock Exchange Regulations and amendments to the Securities Trading Act and the Securities Trading Regulations entering into effect as of 1 January 2019. In addition, amendments have been...
January 4th, 2019 | News, Stock Markets | Read More

It’s not just the Capes stupid; it’s every single size falling…

It’s not just the Capes stupid; it’s every single size falling…
John Faraclas The BDI (Baltic Dry Index) lost 15 points and now stands at 1,267… Geopolitics become more perplexed. John Faraclas’ daily briefing: The Capes lost 24 points and the BCI now reads 1,963 points… “wonder” why the fall… The Panamaxes’ BPI also fell down to 1,365 – down 26 points… The...
January 3rd, 2019 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Reports, Shipping Indices, Stock Markets, Tenders, Trade and Commerce | Read More