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Central banks heading for exit, China’s economic outlook and the future of the renminbi

Central banks heading for exit, China’s economic outlook and the future of the renminbi
. Commentary: Central banks heading for exit By David Owen in London In among all the concern about economic growth rolling over, it is important to recognise that central banks are still heading to the exit. Just before Christmas the Sveriges Riksbank raised rates for the first time in this cycle. In...
January 16th, 2019 | Banking, Comment, Conferences, Seminars, Forums, Insight, Markets, News | Read More

Cool; the BDI@1,096 …and life goes on

Cool; the BDI@1,096  …and life goes on
John Faraclas Opps Opps the BDI fells with the Capes leading the sky-fall; Geopolitics despite the vote on BREXIT, forthcoming hostilities and looming trade wars will respond. Lloyd’s Register traditional Vassilopitta takes the Square Mile by surprise and ATOPOS cvc makes wave at the Hellenic Centre....
January 15th, 2019 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Hot Port News from GAC

Hot Port News from GAC
15-Jan-2019 INSTALLATION & MAINTENANCE OF SILT BARRICADES Singapore Installation & maintenance of silt barricades Tuesday, January 15, 2019, Singapore The working period for the installation and maintenance of silt barricades off Tuas western coast has been extended. According to the Maritime...
January 15th, 2019 | Port Conditions, Ports & Terminals | Read More

Seafarers, technology and automation – managing future challenges

Seafarers, technology and automation – managing future challenges
ITF’s Stephen Cotton, WMU’s Dr. Cleopatra Doumbia-Henry and IMO’s Secretary-General Kitack Lim. Picture credits IMO Launch of ITF-WMU report: Transport 2040: Automation, Technology and Employment – the Future of Work ​IMO Secretary-General Kitack Lim has highlighted the need...
January 15th, 2019 | Associations, Events, HR, IMO, ITF, Jobs, Manning - Seafarers and Offshore, Maritime Education and Training, Organisations, Technology | Read More

Diana Containerships Inc. announces receipt of NASDAQ Notice

Diana Containerships Inc. announces receipt of NASDAQ Notice
.. ATHENS, GREECE, January 15, 2019 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that it has received written notification from The Nasdaq Stock Market LLC (“Nasdaq”) dated January 10,...
January 15th, 2019 | Company Profiles, Containers, Markets, Stock Markets | Read More

Liverpool momentum builds as Maersk and MSC commit to permanent U.S service

Liverpool momentum builds as Maersk and MSC  commit to permanent U.S service
EM Athens at Port of Liverpool The 2M shipping line alliance has confirmed that Liverpool will become a permanent call on its TA4 service connecting Europe with several US ports. The move follows the introduction of a temporary call in July 2018 resulting from continued disruption at the Port of Felixstowe. The...
January 15th, 2019 | Ports & Terminals | Read More

Maersk is the First Ocean Carrier to Offer Street Turn (Container Triangulation) services in the United States and Canada

Maersk is the First Ocean Carrier to Offer Street Turn (Container Triangulation) services in the United States and Canada
Luc de Clerck US and Canada-based transporters will now be offered the flexibility, efficiency and cost-effectiveness reUse brings to their planning and container fleet management Antwerp, Belgium, January 15, 2019 – Avantida, an E2Open company, today announced that Maersk, one of the world’s largest...
January 15th, 2019 | Containers, Logistics | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, January 15 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, January 15 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The UK House of Commons is scheduled to vote later today on Theresa May’s Brexit deal which includes the legally binding Withdrawal Agreement that lays out the terms of the UK’s exit from the EU including the controversial Irish...
January 15th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Call for Proposals on “Transdisciplinary Research for Ocean Sustainability”

Call for Proposals on “Transdisciplinary Research for Ocean Sustainability”
The Belmont Forum Seeks Proposals to Accelerate Ocean Sustainable Use; the World Ocean Council Will Work to Ensure Industry Engagement 15 January 2019 The Belmont Forum call for proposals on “Transdisciplinary Research for Ocean Sustainability”, in collaboration with Future Earth and JPI Oceans,...
January 15th, 2019 | Associations, Emissions, Environment, Oceanology, Oil Spill | Read More

Blue MBA participant from AP Møller Maersk nominated for the ‘AMBA Business School Impact on Community and Society Award’

Blue MBA participant from AP Møller Maersk nominated for the ‘AMBA Business School Impact on Community and Society Award’
Irene Rosberg Helping to create a more sustainable future for the maritime industry is at the core of the CBS Executive MBA in Shipping and Logistics (known informally as the Blue MBA), and we are excited to announce that AMBA has added a new award to the AMBA Business School Award ceremony in London....
January 15th, 2019 | Academia, Awards, Events, HR | Read More

Fiscal money solution for Rome, 100th edition of The Bulletin

Fiscal money solution for Rome, 100th edition of The Bulletin
. Commentary: Fiscal money solution for Rome By Biagio Bossone, Marco Cattaneo, Massimo Costa, and Stefano Sylos Labini Fiscal money is a transferable and negotiable government-issued security that bearers may use for obtaining tax rebates two years from issuance. In the case of Italy, FM could fund...
January 15th, 2019 | Anniversaries, Banking, Comment, Finance, Markets, News | Read More

Markets: Even the Wets Dry out

Markets: Even the Wets Dry out
John Faraclas The BDI (Baltic Dry index) is now 1,100 points below that as of the end of December 2013 when the BDI stood at 2,247 points. Geopolitical jeopardy continues… John Faraclas’ brief recap: The BDI lost 22 points and now reads 1,147 points! The Capes’ BCI lost 14 points and now stands...
January 14th, 2019 | Chartering, Comment, Dry Bulkcarriers, Insight, Markets, News, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
14-Jan-2019 DREDGING OFF WEST JURONG CHANNEL & PESEK BASIN Singapore Dredging off West Jurong Channel & Pesek Basin Monday, January 14, 2019, Singapore From 15 January to 30 May, dredging works will be conducted off West Jurong Channel and Pesek Basin. According to the Maritime and Port Authority...
January 14th, 2019 | Canals, Inland Waterways, Port Conditions, Ports & Terminals | Read More

CSA 2020 appoints Ian Adams as Executive Director

CSA 2020 appoints Ian Adams as Executive Director
Ian Adams The Clean Shipping Alliance (CSA) 2020 has contracted Maritime AMC (MAMCL), a UK-based association management company, to provide secretariat services, and appointed Ian Adams as its Executive Director. The membership body, whose members include more than 30 shipowning companies, was established...
January 14th, 2019 | Associations, Emissions, Environment, Person Profiles | Read More

Five make Apprentice of the Year shortlist in BIFA’s freight service awards

Five make Apprentice of the Year shortlist in BIFA’s freight service awards
Robert Keen Five youngsters who are all studying for apprenticeships at freight forwarding companies that are members of the British International Freight Association (BIFA) have been shortlisted as finalists in the new Apprentice of the Year category of the trade association’s annual Freight Service...
January 14th, 2019 | Associations, Awards, Land Trasnport, Logistics | Read More

ITIC reimburses broker accused by owner of breach of authority

ITIC reimburses broker accused by owner of breach of authority
International Transport Intermediaries Club (ITIC) recently represented a shipbroker accused by an owner of breach of warranty of authority in a dispute arising under a non-performing contract of affreightment (CoA). The shipbrokers had negotiated the terms of a CoA between the charterers and the ship...
January 14th, 2019 | Chartering, P and I Clubs | Read More

Nils Aden Appointed as Managing Director, V.Ships Hamburg

Nils Aden Appointed as Managing Director, V.Ships Hamburg
Nils Aden Hamburg, 14 January 2019 – V.Group, the leading global marine and offshore vessel management and support services provider, today announced the appointment of Nils Aden as Managing Director of V.Ships Germany in Hamburg. The announcement reaffirms V.Group’s commitment to growing in, and...
January 14th, 2019 | Company Profiles, Person Profiles, Shipmanagement | Read More

Daily Overview of Global Markets & the SEE Region (Monday, January 14 2019)

Daily Overview of Global Markets & the SEE Region (Monday, January 14 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: China’s poor trade data added to market worries over a sharper than currently expected slowdown in global growth, pushing US Treasury yields lower today. In FX markets, the EUR/USD retreated further from Thursday’s near three month...
January 14th, 2019 | Banking, Finance, Reports, Shipfinance | Read More

The Bulletin: The 100th Edition

The Bulletin: The 100th Edition
. January 2019 Vol.10 Ed.1 The 100th Edition of the OMFIF Bulletin OMFIF was born on a wave of reflection that the good times couldn’t possibly last – because they only recently had come to an end. January 2010, the date of the first of what has now become 100 monthly Bulletins, marked the onset...
January 14th, 2019 | Anniversaries, Banking, Finance, Markets, News, Press and Media, Statistics, Stock Markets, Trade and Commerce | Read More

Brexit? Business as usual! No fear!

Brexit? Business as usual! No fear!
John Faraclas opposite the place his used to work in 1974 Brexit? Business as usual! No fear! John Faraclas takes a tour down his own memory lane; an unforgettable good little adventure… The dubious work of propaganda and dirty party politics as well as international envy towards the United Kingdom...
January 12th, 2019 | At the end of the day..., Consumers Market, European Union, Fashion, Holidays, Markets, Organisations, Politics and Government, Reports, Shipping Centers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News  from GAC
12-Jan-2019 WORLD HOLIDAYS: 13-26 JANUARY 2019 Worldwide World Holidays: 13-26 January 2019 Saturday, January 12, 2019, Worldwide Public holidays around the world in the coming two weeks include the following: 14 Jan (Mon) – Coming of Age Day (Japan) 15 Jan (Tue) – Tamil Thai Pongol day (Sri Lanka) 21...
January 12th, 2019 | Anniversaries, Holidays, Port Conditions, Ports & Terminals | Read More

Falling BDI@1,169: not yet a disaster…

Falling BDI@1,169: not yet a disaster…
John Faraclas. Picture credits George Christakis The BDI (Baltic Dry Index) lost nearly 100 points on a weekly basis and now stands at 1,169; Geopolitics in jeopardy… John Faraclas’ daily and weekly recap: The BDI was down 20 points earlier on today and now reads 1,169 and was exactly 91 points down...
January 11th, 2019 | Charity, Chartering, Dry Bulkcarriers, Events, Markets, Military, Music, News, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

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

Hot Port News from GAC

Hot Port News from GAC
11-Jan-2019 REPAIR WORKS FOR LIGHT BEACON OFF NIM WAN, DEEP BAY Hong Kong SUBMARINE OUTFALL REPAIR WORKS OFF HUNG HOM Hong Kong DEMOLITION & REMOVAL OF FLOATING PANELS AND CONCRETE WALKWAY Singapore AMENDED IMPLEMENTING INSTRUCTIONS Cannakale Strait, Turkey Repair works for light beacon off Nim...
January 11th, 2019 | Canals, Inland Waterways, Port Conditions, Ports & Terminals | Read More

BREXIT Ferry crisis deepens as government snub union calls for intervention

BREXIT Ferry crisis deepens as government snub union calls for intervention
Mick Cash As workers protest at DfT Minister refuses to agree to UK National Minimum wage or UK jobs on Brexit Ferry Contracts As workers protest at the Department for Transport, Shipping Minister Nusrat Ghani has refused to agree that the national minimum wage or other UK employment legislation, such...
January 11th, 2019 | HR, Port Conditions, Rail | Read More