Archive for the ‘Piracy and Terrorism’ Category

The BDI@2,191 approaches …the all time high for 5Y and 7M

The BDI@2,191 approaches …the all time high for 5Y and 7M
John Faraclas The BDI@2,191 approaches …the all time high for 5Y and 7M The BDI is just 56 points apart as the end of Dec 2013 when the BDI stood at 2,247… Geopolitics being conspicuously “silent” might turn explosive to a degree of no return. John Faraclas’ daily recap: With only 56 points...
July 22nd, 2019 | Chartering, Dry Bulkcarriers, European Union, Markets, Military, Piracy and Terrorism, Politics and Government, Reports, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
Hot port News from GAC 22-Jul-2019 OVERSTAY PENALTY COSTS INCREASED Indonesia SUBMARINE OUTFALL INSPECTION WORKS AT HUNG HOM FAIRWAY Hong Kong REDUCTION OF LIGHT DUES Suez Canal, Egypt VESSELS URGED TO TAKE SAFETY MEASURES Straits of Hormuz Overstay penalty costs increased Monday, July 22, 2019, Indonesia Overstay...
July 22nd, 2019 | Canals, Piracy and Terrorism, Port Conditions, Ports & Terminals, Taxation | Read More

Hot Port news from GAC

Hot Port news from GAC
Hot Port News from GAC 20-Jul-2019 WORLD HOLIDAYS: 21 JULY-3 AUGUST 2019 Worldwide BRITISH SHIPS URGED TO AVOID THE STRAIT AFTER TANKER SEIZED Strait of Hormuz World Holidays: 21 July-3 August 2019 Saturday, July 20, 2019, Worldwide Public holidays around the world in the coming two weeks include the...
July 20th, 2019 | Anniversaries, Holidays, Piracy and Terrorism, Port Conditions, Ports & Terminals | Read More

IMO Council condemns tanker attacks in Strait of Hormuz and Sea of Oman

IMO Council condemns tanker attacks in Strait of Hormuz and Sea of Oman
International Maritime Organization Council condemns tanker attacks in Strait of Hormuz and Sea of Oman The Council of the International Maritime Organization (IMO) has condemned recent attacks on commercial shipping in the Strait of Hormuz and Sea of Oman at its meeting in London held from 15-19 July. After...
July 18th, 2019 | IMO, Organisations, Piracy and Terrorism | Read More

The BDI@2,011 …and time to celebrate before the storm…*

The BDI@2,011 …and time to celebrate before the storm…*
John Faraclas The BDI@2,011 …and time to celebrate before the storm…* The BDI (Baltic Dry Index) finally “did it”… surpassing the 2,000 points threshold and indeed under the circumstances is a milestone… Geopolitics still perplexed, explosive but very much interesting… John Faraclas’...
July 16th, 2019 | At the end of the day..., Chartering, Dry Bulkcarriers, European Union, Markets, Military, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Volatile Capes do it again

Volatile Capes do it again
John Faraclas Volatile Capes do it again The volatile Capes fell 86 points earlier on today bringing the BDI (Baltic Dry Index) down to 1,725 points – down 15. Mitsotakis sworn in as Greece’s PM following a landslide victory. John Faraclas’ daily market brief: The Capes’ BCI was down 86 points...
July 8th, 2019 | Chartering, Dry Bulkcarriers, Markets, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
Hot Port news from GAC 08-Jul-2019 TSUNAMI WARNING LIFTED Sulawesi, Indonesia WEST AFRICA WORST FOR PIRATE ATTACKS, IMB REPORTS Worldwide PROPOSAL TO MODIFY TOLLS STRUCTURE Panama Canal, Panama Tsunami warning lifted Monday, July 8, 2019, Sulawesi, Indonesia The tsunami warning issued after a 6.9 magnitude...
July 8th, 2019 | Earthquakes, Tsunamis, Cyclones and Typhoons, Piracy and Terrorism, Port Conditions, Ports & Terminals | Read More

Seas off West Africa world’s worst for pirate attacks, IMB reports

Seas off West Africa world’s worst for pirate attacks, IMB reports
Captain P. Mukundan Seas off West Africa world’s worst for pirate attacks, IMB reports London and Kuala Lumpur, 8 July 2019 – The seas around West Africa remain the world’s most dangerous for piracy, the International Maritime Bureau’s (IMB) latest report reveals. Of the 75 seafarers taken...
July 8th, 2019 | Piracy and Terrorism, Reports | Read More

More gains for the BDI despite perplexed Geopolitics

More gains for the BDI despite perplexed Geopolitics
John Faraclas More gains for the BDI despite perplexed Geopolitics The BDI (Baltic Dry Index) gained 23 points and now stands at 1,340; Geopolitcs more than perplexed and let’s see what happens in G20 Osaka meeting. John Faraclas’ daily recap: The Capes’ BCI  was up 25 points at 2,465 points… The...
June 27th, 2019 | European Union, News, Organisations, Piracy and Terrorism, Politics and Government, UN | Read More

Dry and Wet Markets: still buoyant amid perplexed Geopolitics

Dry and Wet Markets: still buoyant amid perplexed Geopolitics
John Faraclas Dry and Wet Markets: still buoyant amid perplexed Geopolitics   The BDI (Baltic Dry Index) ended up earlier on today at 1,317 points, which is a good 37 points plus since yesterday; the perplexed Geopolitics will turn sour for many; John Faraclas’ brief recap: The Capes led the way with...
June 26th, 2019 | Chartering, Energy, European Union, Insight, Markets, Military, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, UN | Read More

BIMCO: Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks

BIMCO: Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks
Peter Sand Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between 13 June 2019 and 20 June 2019, in the aftermath of attacks on two tankers in the Strait of Hormuz. Spot...
June 21st, 2019 | BIMCO, Canals, Military, News, Piracy and Terrorism, Tankers, Trade and Commerce | Read More

Volatile Capes’ triple-digit surge “boosts” the dry market

Volatile Capes’ triple-digit surge “boosts” the dry market
John Faraclas Volatile Capes’ triple-digit surge “boosts” the dry market The BDI (Baltic Dry Index) gained 42 points and now stands at 1,135 points thanks to the as ever volatile Capes… The Geopolitics remain more than crucial… with asymmetrical events to happen anytime now… John Faraclas’...
June 18th, 2019 | European Union, Insight, Military, News, Piracy and Terrorism, Politics and Government, Shipping Indices, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce | Read More

The BDI@1,062 BDI amid growing global turmoil

The BDI@1,062 BDI amid growing global turmoil
John Faraclas The BDI@1,062 BDI amid growing global turmoil    The BDI (Baltic Dry Index) lost another 18 points and now stands at 1,062; Geopolitics as expected here are more than perplexed and our prolonged warning –  even yesterday’s call come unfortunately verbatim right! John Faraclas...
June 14th, 2019 | Chartering, Dry Bulkcarriers, Markets, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

International Chamber of Shipping expresses concern over tanker attacks

International Chamber of Shipping expresses concern over tanker attacks
Guy Platten International Chamber of Shipping expresses concern over tanker attacks The Board of the International Chamber of Shipping (ICS) has expressed concern at the serious incidents involving the Marshall Islands flagged ship Front Altair and the Panama flagged Kokuka Courageous, in the Gulf of...
June 13th, 2019 | Associations, International Chamber of Shipping, Piracy and Terrorism, Safety and Security | Read More

BIMCO urges nations to co-operate after new Hormuz attacks

BIMCO urges nations to co-operate after new Hormuz attacks
Angus Frew BIMCO urges nations to co-operate after new Hormuz attacks BIMCO is urging nations to defuse tension and work together through diplomatic efforts following new attacks on two tankers at the Strait of Hormuz on 13 June. The attacks occurred just east of the Strait of Hormuz, involving a Marshall...
June 13th, 2019 | BIMCO, Piracy and Terrorism, Safety and Security | Read More

Gulf of Guinea Piracy Continues to Threaten Seafarers – Industry Wants Action Now

Gulf of Guinea Piracy Continues to Threaten Seafarers – Industry Wants Action Now
Gulf of Guinea Piracy Continues to Threaten Seafarers – Industry Wants Action Now London: Friday, 7 June 2018.  Members of the shipping community, Flag States and Agencies from Gulf of Guinea gathered at the Headquarters of the International Maritime Organization (IMO) for a day-long symposium...
June 10th, 2019 | Piracy and Terrorism | Read More

The BDI@1,082; Supras “spoil” the broth…

The BDI@1,082; Supras “spoil” the broth…
The BDI@1,082; Supras “spoil” the broth… John Faraclas The BDI (Baltic Dry Index) ended up 16 points earlier on today following the long weekend due to the spring Holiday as well as due to end of the European Union’s election process. Now if we have so far stressed the perplexed and enigmatic...
May 28th, 2019 | Arctic Shipping, Art and auctions, Associations, Charity, Chartering, Classification Societies, Climate, Construction, Consumers Market, Container shipping, Containers, Cruise Ferry, Cruise Industry, Dry Bulkcarriers, Emissions, Energy, Environment, European Union, Holidays, HR, IMO, Insurance and Reinsurance, IT and Communications, LNG, Manning - Seafarers and Offshore, Marinas, Maritime Art, Maritime Education and Training, Maritime Tourism, Markets, Mediterranean Shipping, News, Oceanology, Oil Industry, Organisations, Paintings and Sculpture, People and Places, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Press and Media, Religion, Reports, Sailing, Shipping Centers, Shipping Indices, Short-sea shipping, Sports, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce, Weather, Yachting | Read More

ECSA visits EU NAVFOR Somalia

ECSA visits EU NAVFOR Somalia
The European Community Shipowners’ Associations visits EU NAVFOR Somalia Operation Atalanta Meeting reiterates: threat of piracy not eradicated off the Horn of Africa. On 23 May, ECSA’s Maritime Security Working Group met with the EU NAVFOR Somalia Operation Atalanta at their operation headquarters...
May 24th, 2019 | Associations, Piracy and Terrorism, Safety and Security | Read More

Still a Capes’ market amid unexpected geopolitical turmoil

Still a Capes’ market amid unexpected geopolitical turmoil
John Faraclas Still a Capes’ market amid unexpected geopolitical turmoil The BDI (Baltic Dry Index) maintained its upwards mode gaining eight points since yesterday and now stands at 1,040. Geopolitical turmoil though will turn things upside down; John Faraclas’ daily and weekly recap: The BDI’s...
May 17th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Politics and Government, Port Conditions, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

IMDEX Asia hosts global navies and sets the stage for strategic exchanges for collaboration and innovation

IMDEX Asia hosts global navies and sets the stage for strategic exchanges for collaboration and innovation
IMDEX Asia hosts global navies and sets the stage for strategic exchanges for collaboration and innovation SINGAPORE, 13 May 2019 – IMDEX Asia 2019, the biennial international maritime defence event in Asia Pacific, plays host to 25 chiefs of defence forces and navies, vice chiefs, directors-general...
May 13th, 2019 | Military, Piracy and Terrorism | Read More

Failure to check charterparty wording catches ship manager off guard

Failure to check charterparty wording catches ship manager off guard
Failure to check charterparty wording catches ship manager off guard International Transport Intermediaries Club (ITIC) has urged ship brokers and managers to check the terms of their charterparty agreements closely before signing, in order to avoid costly mistakes further down the line.  By way of...
May 7th, 2019 | Chartering, Fixtures, Insurance and Reinsurance, Marine Insurance, Markets, P and I Clubs, Piracy and Terrorism, Safety and Security | Read More

Hot Port News from GAC

Hot Port News from GAC
Hot Port News from GAC 01-May-2019 INSTALLATION OF ECO-SHORELINE FEATURES Hong Kong SECURITY UPDATE (1 MAY) Sri Lanka Installation of eco-shoreline features Wednesday, May 1, 2019, Hong Kong From 1 May 2019 and for approximately 6 weeks, marine works involving installation of eco-shoreline features...
May 1st, 2019 | Civil Unrest, Health and Safety, Piracy and Terrorism, Safety and Security | Read More

Seafarers’ charity supports Sri Lankan seafarers following bombings

Seafarers’ charity supports Sri Lankan seafarers following bombings
The crew of the ship B Gas Maud with AoS port chaplain Peter Barrigan and AoS ship visitors Hugh and Mary Ward. Seafarers’ charity supports Sri Lankan seafarers following bombings Seafarers’ charity Stella Maris (Apostleship of the Sea) extended a hand of friendship and support to seafarers from...
April 29th, 2019 | Charity, Piracy and Terrorism, Religion | Read More

A Capes “dominated” market… amid an imminent geopolitical episode

A Capes “dominated” market… amid an imminent geopolitical episode
John Faraclas Without Prejudice A Capes “dominated” market… amid an imminent geopolitical episode The BDI (Baltic Dry Index) ended up 20 points at 889 amid turbulent Geopolitics in this second pre-Easter week. John Faraclas daily, weekly and fortnight recaps: The BDI was also 99 points better...
April 26th, 2019 | Banking, Chartering, Comment, Dry Bulkcarriers, Energy, Environment, Finance, Insight, Markets, News, Piracy and Terrorism, Religion, Reports, Sanctions, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@869; not too much steam…

The BDI@869; not too much steam…
John Faraclas The BDI@869; not too much steam… The BDI (Baltic Dry Index) despite gains remains a perplexed enigma given that we cannot verify- at least for the time being a sustainable future… Geopolitics becoming crucial given the presence of US Navy’s powerful force – two aircraft carriers...
April 25th, 2019 | Chartering, Corruption, Dry Bulkcarriers, Insight, Markets, News, Piracy and Terrorism, Ports & Terminals, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More