Archive for the ‘Politics and Government’ Category

The BDI@1,694; what next…

The BDI@1,694; what next…
John Faraclas The BDI (Baltic Dry Index) lost 10 points as well as the 1,700 points threshold as the main indices fell except the BSI and BHSI. Geopolitics still in tatters… John Faraclas’ daily recap: The Capes’ BCI lost 11 points and now reads 3,472… The Panamaxes’ BPI lost 16 and now reads...
August 9th, 2018 | Chartering, Dry Bulkcarriers, European Union, Insight, Markets, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | 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

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

PIMFA warns on the consequences of a no deal Brexit

PIMFA warns on the consequences of a no deal Brexit
John Barrass, PIMFA Deputy CEO 24th July 2018 – Following the fast-moving Brexit developments, PIMFA – the UK’s leading wealth management and financial advice association – has raised concerns on the potential impacts of a ‘no-deal’ Brexit and how it will affect private investors and...
July 24th, 2018 | European Union, Markets, Politics and Government | Read More

Radical overhaul of construction sector needed or will struggle to meet housing and infrastructure needs

Radical overhaul of construction sector needed or will struggle to meet  housing and infrastructure needs
… The construction sector as it currently operates cannot meet the UK’s need for housing and may struggle to meet the need for infrastructure. Given that the UK already lags behind other countries in construction productivity, and is facing a labour shortage, the Government and the construction...
July 19th, 2018 | Construction, Politics and Government | Read More

The BDI@1,695 holds well…

The BDI@1,695 holds well…
John Faraclas Once again the Capes managed to keep the BDI (Baltic Dry Index) afloat reviving the hopes of the industry, but once again: one size doesn’t make a market, so caution for all as Geopolitics are still very perplexed and we wonder what next. John Faraclas’ brief market: The BDI gained...
July 16th, 2018 | Chartering, Markets, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

UK freight forwarders association expresses mixed feelings on Brexit White Paper

UK freight forwarders association expresses mixed feelings on Brexit White Paper
Robert Keen Responding to yesterday’s White Paper outlining the UK Government’s proposed future relationship between the UK and European Union after Brexit, Robert Keen, Director General of the British International Freight Association (BIFA) expressed mixed feelings about its contents. “The...
July 13th, 2018 | Comment, European Union, News, Organisations, Politics and Government, Port Conditions, Ports & Terminals, Trade and Commerce | Read More

FEPORT welcomes the adoption of the European Parliament report on Combined Transport

FEPORT welcomes the adoption of the European Parliament report on Combined Transport
Lamia Kerdjoudj-Belkaid Brussels, July 12th, 2018  –  FEPORT welcomes the adoption of the European Parliament report on Combined Transport FEPORT welcomes the adoption on July 10th, 2018 of the report of the Transport and Tourism (TRAN) Committee of the European Parliament on the proposed revision...
July 12th, 2018 | European Union, Organisations, Politics and Government, Ports & Terminals, Reports | Read More

Dry Market Volatility and Geopolitics Mayhem

Dry Market Volatility and Geopolitics Mayhem
John Faraclas The BDI (Dry Baltic Index) despite gaining 31 points since yesterday , looks volatile and vulnerable; geopolitics might redraw European and World order. John Faraclas’ midweek recap: The BDI now stands at 1,586 points thanks to the Panamaxes’ maintained low-level surge – 64 points...
July 11th, 2018 | Chartering, Dry Bulkcarriers, European Union, Markets, News, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Turbulent Markets; Turbulent Geopolitics…

Turbulent Markets; Turbulent Geopolitics…
John Faraclas The BDI lost 13 points earlier on today and now stands at 1,609… The Geopolitics take a perplexed twist and turn and among other issues there has been major events in British Politics due to the ongoing BREXIT saga. A different wold since last Friday… John Faraclas’ brief recap: The...
July 9th, 2018 | Chartering, Dry Bulkcarriers, LNG, Markets, Military, News, Piracy and Terrorism, Politics and Government, Rowing, Shipping Indices, Sports, Statistics, Stock Markets | Read More

Djibouti – Doraleh port terminal: U.S. Congressman Bradley Byrne expresses concern about Chinese actions in Africa

Djibouti – Doraleh port terminal: U.S. Congressman Bradley Byrne expresses concern about Chinese actions in Africa
U.S. Congressman Bradley Byrne Djibouti recently illegally seized control of the Doraleh port terminal by presidential decree, and some reports indicate Djibouti plans to gift the facility to the Chinese government WASHINGTON D.C., United States of America, July 4, 2018/ — Congressman Bradley Byrne...
July 4th, 2018 | Politics and Government, Ports & Terminals | Read More

Shipping Industry Increasingly Worried About EU Member States’ Policy on Migrants Rescued at Sea

Shipping Industry Increasingly Worried About EU Member States’ Policy on Migrants Rescued at Sea
Peter Hinchliffe The global trade association for ship operators – the International Chamber of Shipping (ICS) – is increasingly concerned about the new policy of the Italian Government to close its ports to migrants rescued by ships at sea.  In the interest of protecting safety of life at sea,...
June 25th, 2018 | Associations, European Union, Immigration, International Chamber of Shipping, News, Organisations, Politics and Government, UN | Read More

IUA publishes BREXIT contract continuity clause

IUA publishes BREXIT contract continuity clause
Chris Jones A Brexit clause has been published by the International Underwriting Association to help companies manage insurance contracts as the UK leaves the European Union. The Brexit Contract Continuation Clause aims to clarify how firms will continue to pay claims despite any business disruption...
June 25th, 2018 | European Union, Insurance and Reinsurance, Marine Insurance, Organisations, Politics and Government | Read More

European Shipowners encourage the European Commission to have sufficient recycling capacity on the EU approved ship recycling yards list

European Shipowners encourage the European Commission to have sufficient recycling capacity on the EU approved ship recycling yards list
Martin Dorsman European Shipowners encourage the European Commission to have sufficient recycling capacity on the EU approved ship recycling yards list All vessels sailing under an EU flag will eventually be required to use an approved ship recycling facility, once the EU Ship Recycling Regulation effectively...
June 22nd, 2018 | European Union, Organisations, Politics and Government, Ship Demolitions | Read More

Liberia backs Australia’s push for IMO reform

Liberia backs Australia’s push for IMO reform
Scott Bergeron The Liberian Registry has confirmed its support for an initiative by Australia calling on the International Maritime Organization (IMO) to reconsider transparency and the role of industry bodies in the organisation. Liberia is the largest flag state to support the push by Australia, which...
June 20th, 2018 | Flags, IMO, News, Organisations, Politics and Government | Read More

Markets unsustainable yet again with the BDI@ 1,373…

Markets unsustainable yet again with the BDI@ 1,373…
John Faraclas The BDI (Baltic Dry Index) lost earlier on today 46 points; Geopolitics coupled with the trade warring aspect of tariffs and other measures due, are already creating havoc, even among allies… John Faraclas brief midweek recap: The Capes lost nearly 100 points, to be precise 97 and the...
June 20th, 2018 | Markets, News, Organisations, Politics and Government, Reports, Shipping Indices, Trade and Commerce | Read More

The BDI ends upwards but controlled and contained optimism is a must amid geopolitical turbulence

The BDI ends upwards but controlled and contained optimism is a must amid geopolitical turbulence
John Faraclas The BDI (Baltic Dry Index) ended up with an extra dozen points since yesterday and now stands at 1,445 points. On a weekly basis the 54 points  – up from 1,391 points since last Friday the 8th of June, is something to build on… Geopolitics and trade wars do not leave room for experiments....
June 15th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Ambassador Fatema Khamis Al Mazrouei seeks to step up trade links between the UAE and Europe

Ambassador Fatema Khamis Al Mazrouei seeks to step up trade links between the UAE and Europe
Her Excellency Fatema Khamis Al Mazrouei Boosting trade relations is high on the agenda of the ambassador of the United Arab Emirates to Denmark. Her Excellency Fatema Khamis Al Mazrouei says that her Copenhagen base is a strong platform for furthering growing links with the European Union as a whole. She...
May 3rd, 2018 | Insight, News, Person Profiles, Politics and Government | Read More

World acclaimed astrophysicist Dr. Stamatis Krimizis resigns

World acclaimed astrophysicist Dr. Stamatis Krimizis resigns
Dr. Stamatis M. Krimizis Given what takes place in Greece lately, the resignation of world acclaimed academic Dr. Stamatis Krimizis didn’t surprised me at all! John Faraclas reports from London: The distinguished compatriot of mine, emanating from Vrontados, Chios, Greece, resigned from his position...
April 25th, 2018 | News, Politics and Government, Story of the Month | Read More

Singapore launches enhanced technical co-operation and training program for IMO and its member states

Singapore launches enhanced technical co-operation and training program for IMO and its member states
Singapore Singapore has launched an enhanced 5-year technical co-operation and training package for the International Maritime Organization (IMO) and its Member States. Valued at USD 5 million (approximately SGD 6.5 million), the package comprises fellowships, scholarships, workshops, and courses to...
April 25th, 2018 | Events, Conferences,Forums and Symposiums, Exhibitions, IMO, Politics and Government | Read More

The UGS visits Washington DC for talks

The UGS visits Washington DC for talks
The UGS delegation with Mrs. E. Chao, US Secretary of Transportation A high-level delegation of the Union of Greek Shipowners headed by its President, Mr. Theodore Veniamis, completed one of its most successful regular visits to Washington DC from 16th to 20th April 2018. The delegation additionally...
April 23rd, 2018 | Associations, Military, News, Organisations, Politics and Government, Shipping Centers | Read More

U.S. Salvors successfully pass every Coast Guard Verification to-date

U.S. Salvors successfully pass every Coast Guard Verification to-date
Jim Elliott, President of the American Salvage Association. April 19, 2018 – On April 18th, Rear Admiral Anthony “Jack” Vogt, Assistant Commandant for Response Policy, released an update on the status of the most recent U.S. Salvage and Marine Firefighting (SMFF) industry verification initiative....
April 22nd, 2018 | Environment, News, Politics and Government, Pollution, Salvage, Towage, Wreck Removals | Read More

The BDI@1,281: …every little bit helps

The BDI@1,281: …every little bit helps
John Faraclas The euphoria – a better word than spree, of the Capers gaining 877 points since last Friday the 13th of April, must be seen as a good sign, despite what is coming up next,  given the geopolitical, environmental, technical advancements et al surrounding the shipping industry. The BDI...
April 20th, 2018 | Associations, Chartering, Dry Bulkcarriers, European Union, IMO, Markets, Military, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Tankers | Read More

Can off-site manufacture improve the productivity and sustainability of the construction industry? Lords to hear evidence

Can off-site manufacture improve the productivity and sustainability of the construction industry? Lords to hear evidence
… The House of Lords Science and Technology Committee will take evidence for its inquiry investigating Off-site manufacture for construction. The Committee will hear from house builders and engineering experts. The Committee will consider the potential benefits of off-site manufacture and the...
April 20th, 2018 | Construction, Politics and Government | Read More

Wärtsilä welcomes global shipping’s agreement to cut greenhouse gas emissions

Wärtsilä welcomes global shipping’s agreement to cut greenhouse gas emissions
Wärtsilä Corporation,  20 April 2018 at 11.15 am EET – The technology group Wärtsilä announces its strong support for the agreement reached last week at the International Maritime Organization (IMO) in London. The agreed plan is for shipping to reduce its greenhouse gas (GHG) emissions by...
April 20th, 2018 | Emissions, Environment, IMO, Marine Equipment Products and Services, Organisations, Politics and Government | Read More