Archive for the ‘News’ Category

Ground-breaking Wärtsilä design…

Ground-breaking Wärtsilä design…
The new salmon processing and transportation vessel for Hav Line AS, Norway, is the world’s first vessel of its kind with a hybrid/battery solution. Ground-breaking Wärtsilä design features the world’s first hybrid propulsion solution for fish farming industry The technology group Wärtsilä...
August 16th, 2017 | Fisheries, Marine Equipment Products and Services, Shipbuilding and Shipyards | Read More

PBES Powers World First Electric Aquaculture Support Vessel

PBES Powers World First Electric Aquaculture Support Vessel
The “Elfrida” The new vessel provides a full eight-hour shift with no fuel and no emissions Trondheim, Norway – 15 August, 2017 – Plan B Energy Storage (PBES) today announced a milestone project in the aquaculture industry. The award of the contract for energy storage aboard the electric...
August 16th, 2017 | Emissions, Environment, Fisheries, Marine Equipment Products and Services, News, Pollution, Shipbuilding and Shipyards, Technical, Technology | Read More

Wets Dry out… and geopolitics ignite

Wets Dry out… and geopolitics ignite
John Faraclas It is always that we all go firstly for the Dry Markets and the BDI (Baltic Dry Index) and on …second thoughts we refer and advise you on the Wets… as main news on the Markets which are edging towards the bottom lately… Geopolitics are about to ignite, delivering more and more mess!...
August 15th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Politics and Government, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

Sold: New 75-metre DAMEN SeaXplorer expedition yacht

Sold: New 75-metre DAMEN SeaXplorer expedition yacht
The Damen SeaXplorer 75 Dutch shipbuilder DAMEN, in cooperation with its luxury yacht builder AMELS, is proud to announce the sale of its second SeaXplorer – a highly customised 75-metre luxury expedition yacht with exceptional capability for heli-skiing, diving and other tropical and polar adventures. The...
August 15th, 2017 | Jet set, News, Shipbuilding and Shipyards, Technical, Technology, Yachting | Read More

ABB’s DEGO IV software delivers on fuel saving promise for Stena Line vessel

ABB’s DEGO IV software delivers on fuel saving promise for Stena Line vessel
The Stena Scotia A significantly upgraded vessel control software package from ABB is delivering the measurable operational efficiency gains promised to Stena Line for the freight ferry Stena Scotia within a month of commissioning.  The ‘DEGO IV’ advanced speed governor and actuation system onboard...
August 15th, 2017 | Bunkering, Marine Equipment Products and Services, News, Ro-Ro and Passenger Ferries, Shipmanagement, Technical, Technology | Read More

Millie Mackintosh to officially open 2017’s TheYachtMarket.com Southampton Boat Show

Millie Mackintosh to officially open 2017’s TheYachtMarket.com Southampton Boat Show
Millie Mackintosh Fashion and Lifestyle Entrepreneur, Millie Mackintosh, will headline Britain’s biggest festival of boating this year. Often found out on the water herself, Millie will be officially opening the Show on Friday 15 September at 11am, helping to kick off 10 days of incredible fun at...
August 15th, 2017 | Conferences, Seminars, Forums, Events, Exhibitions, Marinas, Maritime Tourism, Sailing, Sports, Yachting | Read More

DIMECC opens the first globally available autonomous maritime test area on the west coast of Finland…

DIMECC opens the first globally available autonomous maritime test area on the west coast of Finland…
Rolls-Royce autonomous ship rolls. DIMECC opens the first globally available autonomous maritime test area on the west coast of Finland – One Sea implementation moves forward The test area is the first one in the world to be globally open to anyone wishing to test autonomous maritime traffic, vessels,...
August 15th, 2017 | Marine Equipment Products and Services, News, Shipbuilding and Shipyards, Technical, Technology | Read More

Markets “enjoy” …the uplift; not though Geopolitics…

Markets “enjoy” …the uplift; not though Geopolitics…
John Faraclas The BDI (Baltic Dry Index) clinched 17 points since last Friday the 11th of August and now stands at 1,155,  thanks to the Capers and partially to the Panamaxes; the Geopolitical issues and news are very disturbing… John Faraclas’ daily recap: The Capers saw the BCI up 80 points...
August 14th, 2017 | Chartering, Cruise Industry, Dry Bulkcarriers, Markets, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

North P&I Club appoints Dawn Robinson as global director of people

North P&I Club appoints Dawn Robinson as global director of people
Dawn Robinson – Global Director of people at North P&I 14 August 2017 – North P&I Club has appointed a new Global Director of People as part of a company-wide focus on driving forward leadership and development. Dawn Robinson has joined the global marine insurer following three...
August 14th, 2017 | Company Profiles, HR, News, P and I Clubs, Person Profiles | Read More

TK Foundation gives IMRF $450,000 to support African SAR development

TK Foundation gives IMRF $450,000 to support African SAR development
Bruce Reid  The International Maritime Rescue Federation (IMRF) has been awarded $450,000 USD by The TK Foundation to support its work building vital maritime search and rescue (SAR) capability in Africa. The funding will be spread over three years and will support the IMRF’s Global SAR Development...
August 14th, 2017 | Associations, Charity, Health and Safety, News, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Briese Schiffahrt appoints Korean Register for EU MRV services

Briese Schiffahrt appoints Korean Register for EU MRV services
… Korean Register (KR) – an IACS member classification society – has announced that it has been appointed to provide EU (European Union) Monitoring, Reporting and Verification (EU-MRV) services to Briese Schiffahrt, a global leader in the management of general cargo, multipurpose and heavy...
August 14th, 2017 | Classification Societies, Emissions, Environment, Events, News, Shipmanagement | Read More

BDI surges amid enigmatic Geopolitics

BDI surges amid enigmatic Geopolitics
John Faraclas The BDI (Baltic Dry Index) ended up at 1,138 points – plus 46 since yesterday and over one hundred since last Friday the 4th of August – to be precise it gained 106 points (from 1,032); The Geopolitics remain more than enigmatic and caution is advised… John Faraclas daily and weekly...
August 11th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Damen strategically positions tugs in Europe

Damen strategically positions tugs in Europe
Damen vessel transport has arrived in the Port of Rotterdam SAL Heavy Lift’s MV Lone completes batch shipment of twelve vessels The latest Damen vessel transport has arrived in the Port of Rotterdam in the Netherlands. The multiple vessel shipment comprises various Damen Tugs and one Multi Cat that...
August 11th, 2017 | Marine Equipment Products and Services, News, Ports & Terminals, Shipbuilding and Shipyards | Read More

The Board of Oslo Børs approves Fjord1 for listing

The Board of Oslo Børs approves Fjord1 for listing
11/08/2017 – At its meeting on 11 August 2017, the Board of Oslo Børs resolved to admit shares in Fjord1 ASA to listing on Oslo Børs. The Board stipulated that the company prior to the first day of listing must satisfy the listing requirements on Oslo Børs. The Board authorised the Chief Executive...
August 11th, 2017 | Company Profiles, Markets, News, Statistics, Stock Markets | Read More

Sulphur cap ahead – Time to take action

Sulphur cap ahead – Time to take action
ECA ZONES – Independent of the 0.5 per cent global fuel cap, the emission controlareas (ECAs) in Europe and around North America, possibly followedby China in a few years, impose a 0.1 sulphur limit in ship fuel today. According to IMO estimates, the 0.50 per cent sulphur limit for marine fuels...
August 11th, 2017 | Classification Societies, Emissions, Environment, Marine Equipment Products and Services, News, Regulatory, Technical, Technology | Read More

The Pros and Cons of the BDI@1,092 amid Geopolitical uncertainty

The Pros and Cons of the BDI@1,092 amid Geopolitical uncertainty
John Faraclas The BDI (Baltic Dry Index) – thanks to the Capers and partly to the Panamaxes, managed to gain 42 points and now reads 1,092… The Geopolitical uncertainty which seems a bit extended, as well as alarming, due to the North Korean palaver, might produce a bit of everything…and affect...
August 10th, 2017 | Bribery and Corruption, Chartering, Containers, Dry Bulkcarriers, Liner Shipping and Trade, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

S&P Global ratings affirms Britannia P&I’s ratings at ‘A’ (stable) while enhancing its liquidity rating to ‘exceptional

S&P Global ratings affirms Britannia P&I’s ratings at ‘A’ (stable) while enhancing its liquidity rating to ‘exceptional
Andrew Cutler S&P Global ratings affirms Britannia P&I’s ratings at ‘A’ (stable) while enhancing its liquidity rating to ‘exceptional S&P Global Ratings, the world’s leading independent credit ratings provider, has affirmed its ‘A’ long-term financial strength...
August 10th, 2017 | Company Profiles, News, P and I Clubs | Read More

MISC releases its 2016 sustainability report

MISC releases its 2016 sustainability report
Yee Yang Chien – MISC President CEO KUALA LUMPUR, 10 August 2017 – MISC Berhad (MISC) today announced its five-year Sustainability Strategy through the release of its 2016 Sustainability Report, highlighting the Group’s sustainability performance across a series of Economic, Social...
August 10th, 2017 | Associations, Company Profiles, Emissions, Environment, News, Oil Spill, Pollution, Reports | Read More

Low Volatility is in the air for the Markets and Geopolitics…

Low Volatility is in the air for the Markets and Geopolitics…
John Faraclas The volatility returns in the most unusual way both for the shipping Markets and  their respective Indices as well as for the ever turbulent Geopolitics. John Faraclas’ daily briefing: The BDI was up 12 points at 1,050 “rising” expectations given the Capers’ and Panamaxes’...
August 9th, 2017 | Chartering, Containers, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

8th Hydra Shipping Conference Saturday September 9th 2017

8th Hydra Shipping Conference  Saturday September 9th 2017
The 8th Hydra Shipping Conference takes place on Saturday September 9th, in Hydra’s Cathedral Conference Hall and this year’s conference theme is: “MONEY TALKS BUT WEALTH WHISPERS”. Leading Greek ship-owners, as well as senior shipping industry business executives, multinational...
August 9th, 2017 | Conferences, Seminars, Forums, Environment, IT and Communications, Shipfinance, Shipmanagement | Read More

MISC Group financial results…

MISC Group financial results…
Yee Yang Chien – MISC President CEO MISC Group financial results for the 6 months period ended 30 June 2017 Kuala Lumpur, 9 August 2017  – MISC is pleased to announce its financial results for the financial period ended 30 June 2017. Financial Highlights: Group revenue for the quarter...
August 9th, 2017 | Accountancy, Markets, News, Shipmanagement, Statistics, Stock Markets | Read More

DNV GL’s Digital Journey

DNV GL’s Digital Journey
From electronic certificates, machine learning tools and drone surveys to the launch of a new industry data platform, DNV GL is embracing digitalization to enhance class services and improve communication with customers. Shipping has undergone a remarkable transformation over the past few decades....
August 9th, 2017 | Classification Societies, IT and Communications, News, Shipmanagement, Technical, Technology | Read More

BIMCO eLearning dramatically refreshed

BIMCO eLearning dramatically refreshed
Angus Frew NYPE 2015 and Chartering courses showcase new training offer   BIMCO – the world’s largest shipping association – has launched the first of a range of updated eLearning courses tailored to meet shipping professionals’ needs, using the very latest content authoring...
August 9th, 2017 | Associations, BIMCO, Chartering, Maritime Education and Training, News | Read More

The BDI loses steam again; Geopolitics in jeopardy…

The BDI loses steam again; Geopolitics in jeopardy…
John Faraclas With only two points plus the BDI (Baltic Dry Index) at 1,038 loses steam yet again and we reiterate the view that the need of an injection as we stressed yesterday, is a MUST. Geopolitics are so bad that the entire economy on Planet Ocean may actually collapse despite the figures you see...
August 8th, 2017 | Chartering, Container shipping, Containers, Dry Bulkcarriers, Immigration, Liner Shipping and Trade, Markets, News, Oil Industry, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The 2018 World Championships Test Event begins in Aarhus

The 2018 World Championships Test Event begins in Aarhus
Sailors-ready-to-launch-on-day-one-of-the-Aarhus-Worlds-Test-Event The Aarhus 2018 Sailing World Championships Test Event begins today in the Bay of Aarhus, for a week of preparations for sailors, Race Officials and event organizers, prior to the 2018 Worlds. Held from 7-13 August 2017 at the Egå Marina...
August 8th, 2017 | Events, News, Sailing, Sports | Read More