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The BDI@844 “makes” waves…

The BDI@844 “makes” waves…
John Faraclas The BDI (Baltic Dry Index) Lost three points creating more uncertainty. The Geopolitics are on  the edge; John Faraclas latest midweek briefing: The Capers lost 90 points and the BCI 2014 reads 1,020 … The Panamxes, Supras and Handies on the “rise” with the BPI up 53 at 1,070 points,...
June 21st, 2017 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Tankers | Read More

Hot Port News from GAC

Hot Port News from GAC
21-Jun-2017 RESTRICTIONS AHEAD OF STORM LANDFALL New Orleans, United States PORT CONDITION X-RAY SET Beaumont, Port Arthur, Orange & Lake Charles, United States Restrictions ahead of storm landfall Wednesday, June 21, 2017, New Orleans, United States In anticipation of...
June 21st, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

GSCC’s Annual Report 2016-2017

GSCC’s Annual Report 2016-2017
The Baltic Exchange where the GSCC offices Viewers can find herebelow the link for the Annual Report 2016-2017 of the G.S.C.C., which is prefaced by the Chairman, Mr. Haralambos J. Fafalios. The Annual General Meeting will be held on Thursday, 22nd June 2017, at the Baltic Exchange. From the Chairman: Dear...
June 21st, 2017 | Associations, Environment, Manning - Seafarers and Offshore, Maritime Education and Training, Markets, News, Reports, Trade and Commerce | Read More

Shipping confidence hits three-year high

Shipping confidence hits three-year high
Richard Greiner Shipping confidence reached its equal highest rating in the past three years in the three months to end-May 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. The average confidence level expressed by respondents...
June 21st, 2017 | Markets, Reports, Special Surveys | Read More

CYPRUS New 7Y bond issuance priced at a historically low yield

Regional Economics & Market Strategy Focus Note –  (Wednesday, June 21, 2017) On June 21 th , Cyprus tapped international markets with a new 7Y-Eurobond for the second time after exiting from the Economic Adjustment Programme in March 2016. In the latest tender, the Public Debt Management...
June 21st, 2017 | Banking, Finance, Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, June 21, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, June 21, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Oil prices remained under pressure on oversupply jitters. Brent crude moved below $46bbl for the first time so far this year, initiating a bull flattening...
June 21st, 2017 | Banking, Company Profiles, Energy, Finance, Markets, News, Oil Industry, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Evergreen rolls out sea freight services for Alibaba.com members

Evergreen rolls out sea freight services for Alibaba.com members
An Evergreen containerhsip June 21, 2017 — Evergreen Line has teamed up with Alibaba.com, a leading wholesale marketplace for global trade under Alibaba Group, to provide Alibaba.com members with the option of booking sea freight services online with guaranteed space and prices. Evergreen Line has...
June 21st, 2017 | Consumers Market, IT and Communications, Liner Shipping and Trade, Logistics, Marine Equipment Products and Services | Read More

Selektope® -powered antifouling range expands with new product launch

Selektope® -powered antifouling range expands with new product launch
Philip Chaabane, CEO I-Tech AB. A brand-new antifouling product containing the unique bio-repellent ingredient Selektope® has been launched onto the global market. The increasing diversification in the range of Selektope®-containing products available to ship owners suitable for different vessel requirements...
June 21st, 2017 | Marine Equipment Products and Services, Technical, Technology | Read More

Sustainable Shipping Initiative appoints new General Manager

Sustainable Shipping Initiative appoints new General Manager
Tom Holmer, General Manager of the Sustainable Shipping Initiative (SSI). Tom Holmer’s background in sustainability strengthens NGO’s drive to progress the shipping industry’s sustainability agenda LONDON – 21 JUNE 2017 – The Sustainable Shipping Initiative (“SSI”), a pioneering...
June 21st, 2017 | Associations, Environment, Shipmanagement | Read More

Thuraya IP M2M Service launched to connect the Internet of Remote Things

Thuraya IP M2M Service launched to connect the Internet of Remote Things
… The new service enables applications in utilities, logistics, oil and gas, and renewable energy DUBAI, UAE, 21 June, 2017 – Thuraya Telecommunications Company today announced the launch of the Thuraya IP M2M Service to support high volume, high throughput machine-to-machine (M2M) applications....
June 21st, 2017 | Alternative Sources of Energy, Energy, Environment, Gas, IT and Communications, Logistics, Oil Industry | Read More

DNV GL’s global network of verification experts to support major new contract with Maersk Oil

DNV GL’s global network of verification experts to support major new contract with Maersk Oil
Liv Hovem DNV GL has won a major contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra Field, offshore Denmark. The Tyra field in the Danish North Sea has been at the centre of Denmark’s national energy infrastructure since 1984, providing 90% of the country’s...
June 21st, 2017 | Classification Societies, Energy, Marine Equipment Products and Services, News, Oil Industry, Technical, Technology | Read More

The Markets; a fool’s paradise?

The Markets; a fool’s paradise?
John Faraclas The BDI (Baltic Dry Index) lost just one point earlier on today, thanks to the Panamaxes, Supras and Handies …”balancing” the Capers’ fall; Geops (Geopolitics) will soon cause a …geopolitical inferno of incalculable dimensions. It will be both a Tsunami and a …forest fire on...
June 20th, 2017 | Banking, Corruption, Dry Bulkcarriers, Finance, Maritime Fraud, Markets, News, Piracy and Terrorism, Politics and Government, Ship Finance, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

BDA’s Richards joins Board of shipping group

BDA’s Richards joins Board of shipping group
BISA Board members, from left: Kevin Richards, Felicia Govender,James Watlington, Angelique Burgess and Clive Langley Hamilton, Bermuda, June 20, 2017 – BDA’s Kevin Richards, Business Development Manager for International Commerce, has been named to the Board of the Bermuda International...
June 20th, 2017 | Associations, Markets | Read More

87 Crowley Vessels Honored with Devlin Safety Awards

87 Crowley Vessels Honored with Devlin Safety Awards
… Eighty-Seven Crowley Vessels Honored with Jones F. Devlin Awards Recognizing 670 Combined Years of Safe Operations (JACKSONVILLE, Fla.; June 20, 2017) – Eighty-seven Crowley Maritime Corporation owned or managed vessels recently received the Chamber of Shipping of America (CSA)’s annual Jones...
June 20th, 2017 | Associations, Awards, Health and Safety, Safety and Security | Read More

39 nations ready to race at the Para World Sailing Championships

39 nations ready to race at the Para World Sailing Championships
Matt Bugg of Australia in the 24 Norlin OD The Para World Sailing Championships have opened in Kiel, Germany with more than 80 sailors from 39 nations registered to sail across three classes. Paralympic medallists, world champions, offshore sailors and sailors from eight new nations will race in the...
June 20th, 2017 | Sailing, Sports, Yachting | Read More

Hot Port News from GAC

Hot Port News from GAC
20-Jun-2017 MARINE WORKS IN THE HUNG HOM FAIRWAY Hong Kong PORT CONDITION WHISKEY SET Beaumont/Port Arthur/Orange/Lake Charles, USA Marine works in the Hung Hom Fairway Tuesday, June 20, 2017, Hong Kong From 23 June and for approximately 8 months, marine works involving dredging,...
June 20th, 2017 | Port Conditions, Ports & Terminals | Read More

New photos show Off extensive enhancements to Holland America Line’s ms Westerdam

New photos show Off extensive enhancements to Holland America Line’s ms Westerdam
The Westerdam off Santorini 20 June 2017 —  When Holland America Line’s ms Westerdam emerged from a 12-day dry dock at Fincantieri’s shipyard in Palermo, Italy, in late April, the ship debuted major renovations that added many new public spaces and amenities, including two firsts for the fleet:...
June 20th, 2017 | Cruise Industry, Holidays, Maritime Tourism, Tourism | Read More

Southampton Boat Show welcomes TheYachtMarket.com as official title sponsor

Southampton Boat Show welcomes TheYachtMarket.com as official title sponsor
l to r: Richard W. Roberts, CEO & Founder of TheYachtMarket.com, and Grant Burgham, Head of Commercial at British Marine, celebrate new partnership British Marine Boat Shows is delighted to announce a partnership deal with TheYachtMarket.com for the world-class Southampton Boat Show. The two-year...
June 20th, 2017 | Exhibitions, Sailing, Sports, Yachting | Read More

Diana fixes panamax “Protefs” on period with Hudson

Diana fixes panamax “Protefs” on period with Hudson
ATHENS, GREECE, June 20, 2017 – Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hudson Shipping Lines...
June 20th, 2017 | Company Profiles, Dry Bulkcarriers, Markets, News, Stock Markets | Read More

UK P&I Club continues to invest in seafarer welfare

UK P&I Club continues to invest in seafarer welfare
To date more than 1,000 seafarers have benefited from Sailors’ Society’s Wellness at Sea coaching programme, equipping them to better cope with the stresses of life at sea Leading P&I insurance provider renews its support of Sailors’ Society’s Wellness at Sea programme for a further year The...
June 20th, 2017 | Charity, Health and Safety, HR, Jobs, Manning - Seafarers and Offshore, Maritime Education and Training, P and I Clubs, Safety and Security | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, June 20, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, June 20, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasury yields were modestly higher in European trade following comments by NY Fed President William Dudley that US inflation will gradually rise...
June 20th, 2017 | Company Profiles, Markets, Person Profiles, Reports, Statistics, Stock Markets | Read More

LISW17 Conference Programme and Speakers announced!

LISW17 Conference Programme and Speakers announced!
Thought leaders from the world of government, finance, international trade, shipowning and insurance as well as artificial intelligence innovation and technology will headline the speaker line-up at the flagship London International Shipping Week 2017 (LISW17) conference to be held at the Grosvenor...
June 20th, 2017 | Events, Conferences,Forums and Symposiums | Read More

Performance lists Paris MoU

Performance lists Paris MoU
Richard Schiferli At its 50th meeting last month, the Paris MoU Committee approved the 2016 inspection results and adopted new performance lists for flags and Recognized Organizations. These lists will take effect from 1 July 2017. The “White, Grey and Black (WGB) List” presents the full spectrum,...
June 20th, 2017 | Flags, Health and Safety, Safety and Security | Read More

‘Next generation’ tankers to be powered by Wärtsilä dual-fuel engines

‘Next generation’ tankers to be powered by Wärtsilä dual-fuel engines
The new efficient and environmentally sustainable tankers for Erik Thun AB will feature Wärtsilä propulsion and fuel supply solutions. The technology group Wärtsilä has been contracted to supply the engines, propellers, and fuel supply systems for four new tanker vessels. The ships will run on both...
June 20th, 2017 | Marine Equipment Products and Services | Read More

S-Oil Corporation uses technical expertise from Lloyd’s Register..

S-Oil Corporation uses technical expertise from Lloyd’s Register..
Coupled with its vast proven technical experience, we believe LR’s continued responsiveness will be pivotal in accelerating our momentum to successful project completion in 2018. S-Oil Corporation uses technical expertise from Lloyd’s Register for risk-based inspection analysis of it USD $4.2 billion...
June 20th, 2017 | Construction, Energy, News | Read More