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HFW: Insurance Bulletin – April 2020

HFW: Insurance Bulletin – April 2020
Costas FrangeskidesPartnerHolman Fenwick Willan LLP HFW: Insurance Bulletin – April 2020 In this issue: 1. REGULATION AND LEGISLATION UK: FCA releases expectations of insurance firms during COVID-19 pandemic. On March 19 2020, the FCA published its expectations of insurance firms during the...
April 2nd, 2020 | Insight, Insurance and Reinsurance, Legal | Read More

Hot Port News from GAC

Hot Port News from GAC
Hot Port News from GAC 02-Apr-2020 TRANSIT OF VESSELS WITH POSITIVE OR SUSPECTED CASES OF COVID-19 Panama Canal, Panama FORCE MAJEURE DECLARED Visakhapatnam, India ADJUSTMENT OF SHIFT TIMINGS Deendayal/Kandla, India MARITIME ADVISORY ON NOVEL CORONAVIRUS (COVID-19) India SAFETY PRECAUTIONS Nigeria PORTS...
April 2nd, 2020 | Canals, Health and Safety, HR, Manning - Seafarers and Offshore, Port Conditions, Ports & Terminals | Read More

IMCA actively participates in COVID-19 pandemic industry group

IMCA actively participates in COVID-19 pandemic industry group
Margaret Fitzgerald, Head of Marine Policy & Regulatory Affairs at IMCA IMCA actively participates in COVID-19 pandemic industry group The International Marine Contractors Association (IMCA) is part of a COVID-19 Industry Group which has collaborated with the International Maritime Organization...
April 2nd, 2020 | Associations, Trade and Commerce | Read More

Klaveness Ship Management expands contract with Veracity by DNV GL

Klaveness Ship Management expands contract with Veracity by DNV GL
MV Balboa Klaveness Ship Management expands contract with Veracity by DNV GL With the successful outcome of the pilot project, Klaveness Ship Management (Klaveness) now expands its contract with Veracity to include another eight of its vessels. The pilot project has shown that reduction in fuel consumption...
April 2nd, 2020 | Classification Societies, Environment | Read More

BIMCO: As oil prices plummet, crude oil tanker time charter rates skyrocket

BIMCO: As oil prices plummet, crude oil tanker time charter rates skyrocket
Peter Sand BIMCO: As oil prices plummet, crude oil tanker time charter rates skyrocket Geopolitics is the dominating variable in the tanker market these days. With the OPEC+ negotiations falling apart and Saudi Arabia initiating an oil price war, the crude oil tanker spot freight rates, and time charter...
April 2nd, 2020 | BIMCO, Chartering, Oil Industry, Oil Platforms and Rigs, Reports, Tankers | Read More

IMO postpones further meetings

IMO postpones further meetings
IMO postpones further meetings IMO has announced further meeting postponements, in the light of the coronavirus (COVID-19) pandemic. the 7th session of the Sub-Committee on Human Element Training and Watchkeeping (HTW) scheduled to take place from 1 to 5 June 2020; the 70th session of the Technical...
April 2nd, 2020 | Events, Conferences,Forums and Symposiums, Health and Safety | Read More

GLOBAL & REGIONAL DAILY (Thursday 2, April 2020)

GLOBAL & REGIONAL DAILY (Thursday 2, April 2020)
. GLOBAL & REGIONAL DAILY (Thursday 2, April 2020) GLOBAL & REGIONAL DAILY HIGHLIGHTS April 2, 2020 Global Markets German Chancellor Angela Merkel announced yesterday that the nationwide shutdown would be extended until at least 19 April, while President Donald Trump warned of two “painful”...
April 2nd, 2020 | Banking, Finance, Health and Safety, Markets, Reports, Statistics, Stock Markets | Read More

(ONE) issues its first electronic bill of lading and selects essDOCS to power its global bill of lading digitization initiative

(ONE) issues its first electronic bill of lading and selects essDOCS to power its global bill of lading digitization initiative
  .. Ocean Network Express (ONE) issues its first electronic bill of lading and selects essDOCS to power its global bill of lading digitization initiative Singapore & Malta –  02 April 2020: Ocean Network Express (ONE), the world’s sixth largest container line by TEU capacity, and essDOCS,...
April 2nd, 2020 | Chartering, IT and Communications | Read More

VIKING takes flight with second offshore PPE deal in two years

VIKING takes flight with second offshore PPE deal in two years
VIKING offshore helicopter PPE in action VIKING takes flight with second offshore PPE deal in two years Following a competitive tender process, leading safety product manufacturer and service provider VIKING Life-Saving Equipment has won a three-year contract to supply personal protective equipment...
April 2nd, 2020 | Health and Safety, Marine Equipment Products and Services, Safety and Security | Read More

DNV GL’s Maritime Academy Company Security Officer (CSO) Refresher Training Course – DISTANCE LEARNING

DNV GL’s Maritime Academy Company Security Officer (CSO) Refresher Training Course – DISTANCE LEARNING
Dr. Marina Papaioannou DNV GL’s Maritime Academy Company Security Officer (CSO) Refresher Training Course – DISTANCE LEARNING   Company Security Officer (CSO) Refresher Training Course – Distance Learning DNV GL’s Maritime Academy Hellas is offering on 23 & 24  April 2020 (09:30-13:00) a one-day Company...
April 2nd, 2020 | Conferences, Seminars, Forums, HR, Maritime Education and Training, Safety and Security | Read More

AMVER Awards Continue Despite Ongoing Medical Situation

AMVER Awards Continue Despite Ongoing Medical Situation
The U.S. Coast Guard’s AMVER awards program recognizes a ship and company’s commitment to safety – a theme that is now more important than ever as we confront the COVID-19 outbreak. AMVER Awards Continue Despite Ongoing Medical Situation NEW YORK – The U.S. Coast Guard AMVER awards, a mainstay...
April 2nd, 2020 | Associations, Awards, Events, Health and Safety, Maritime Accidents, News, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Dry Market midweek blues, Wets thrive and the Coronavirus anathema “remains” an enigma…

Dry Market midweek blues, Wets thrive and the Coronavirus anathema “remains” an enigma…
John Faraclas Dry Market midweek blues, Wets thrive and the Coronavirus anathema “remains” an enigma… The BDI (Baltic Dry Index) following a “surge” due to the volatile Capes was down two points since yesterday and now reads 624… The VLCC’s and ULCC’s witnessed another unprecedented rise...
April 1st, 2020 | Chartering, Dry Bulkcarriers, Health and Safety, HR, Markets, Military, News, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Triumph of the Human Spirit

Triumph of the Human Spirit
Carleen-Lyden-Walker Triumph of the Human Spirit  During the past week, we have seen signs of anguish and signs of triumph.  We have seen rows of COVID-19 victims being treated in tents, and we have seen the entry of the US Naval Hospital Ship Comfort into New York Harbor.  New testing technologies...
April 1st, 2020 | Associations, Environment, Health and Safety, HR | Read More

Hot Port News from GAC

Hot Port News from GAC
Hot Port News from GAC 01-Apr-2020 “ECHOES OF HOPE” INITIATIVE Abu Dhabi, United Arab Emirates COVID-19 LOCKDOWN: SOUTH AFRICAN PORTS OPEN FOR CARGO OPERATIONS South Africa PORT OPS CONTINUE AMID QUARANTINE El Salvador FOREIGN CREW CHANGES SUSPENDED China PORT OPERATIONS UPDATE Tema & Takoradi,...
April 1st, 2020 | Health and Safety, Port Conditions, Ports & Terminals | Read More

How to deal with an economic crisis?

How to deal with an economic crisis?
How to deal with an economic crisis? 14-video & podcast guide for international business The COVID-19 pandemic is truly unprecedented in modern times and is causing massive economic disruption.  This video/podcast series discusses the tools and strategies that international companies can...
April 1st, 2020 | Legal | Read More

Live Online courses launched to support learning during the Coronavirus pandemic

Live Online courses launched to support learning during the Coronavirus pandemic
Mike Robinson, Chief Executive of British Safety Council 1 April 2020 – Live Online courses launched to support learning during the Coronavirus pandemic     “There’s nothing to stop you learning from home – and staying safe” says British Safety Council The British Safety Council has...
April 1st, 2020 | Associations, Health and Safety | Read More

Fugro increases Houston laboratory advanced soil testing capacity

Fugro increases Houston laboratory advanced soil testing capacity
Fugro’s Houston laboratory is one of the largest private laboratories in the world and now has even more capacity to perform the testing needed to support the growing US offshore wind farm industry Fugro increases Houston laboratory advanced soil testing capacity Fugro’s Houston laboratory, one...
April 1st, 2020 | Alternative Sources of Energy, Energy | Read More

Q1 2020 Tsavliris Activities

Q1 2020 Tsavliris Activities
.. Q1 2020 TSAVLIRIS ACTIVITIES Bulk Carrier “CHRIS GR” On 3 December 2019, the Bulk Carrier “CHRIS GR” (GT 30,632 – DWT 55,715), laden with 51,400 tonnes of brazilian yellow maize in bulk, immobilised due to main engine problem about 20 miles east off Cape Bojeador, Philippines. During...
April 1st, 2020 | Books, Conferences, Seminars, Forums, Events, Salvage, Towage, Wreck Removals | Read More

IMO urges keyworker exemptions for crew changes and repatriations

IMO urges keyworker exemptions for crew changes and repatriations
IMO urges keyworker exemptions for crew changes and repatriations Download Circular Letter No.4204/Add.6 (27 March 2020) Coronavirus (COVID-19) – Preliminary list of recommendations for Governments and relevant national authorities on the facilitation of maritime trade during the COVID-19 pandemic  IMO...
April 1st, 2020 | HR, Manning - Seafarers and Offshore | Read More

BIMCO: Shipping number of the week…

BIMCO:  Shipping number of the week…
The BIMCO House BIMCO:  Shipping number of the week: China’s manufacturing PMI rises to 52 in March The Purchasing Managers’ Index (PMI), which reflects manufacturing activity, rose above the threshold level of 50 in March in China, indicating an improvement compared to February. The improvement...
April 1st, 2020 | Associations, BIMCO, Markets | Read More

“K” Line Press Release: Notice on the Planned Recording of Extraordinary Loss on Valuation of Investment Securities

“K” Line Press Release: Notice on the Planned Recording of Extraordinary Loss on Valuation of Investment Securities
.. “K” Line: Notice on the Planned Recording of Extraordinary Loss on Valuation of Investment Securities  April 1st, 2020 Notice on the Planned Recording of Extraordinary Loss on Valuation of Investment Securities Kawasaki Kisen Kaisha, Ltd. (“K” LINE) announces that it is planned to...
April 1st, 2020 | Company Profiles | Read More

GLOBAL & REGIONAL DAILY (Wednesday 1, April 2020)

GLOBAL & REGIONAL DAILY (Wednesday 1, April 2020)
. GLOBAL & REGIONAL DAILY (Wednesday 1, April 2020) GLOBAL & REGIONAL DAILY HIGHLIGHTS April 1, 2020 Global Markets Euro area headline HICP inflation dropped by 0.5pp to 0.7%YoY in March on the back of lower oil prices, while core inflation was down 0.2pp to 1.0%YoY. In FX markets, the USD gained,...
April 1st, 2020 | Banking, Health and Safety, Markets, Reports, Statistics, Stock Markets | Read More

Obituary – Capt. Angel Bravo Solis

Obituary – Capt. Angel Bravo Solis
Captain Angel Bravo Solis Obituary – Capt. Angel Bravo Solis On 18 March 2020, Captain Angel Bravo Solis, Master Mariner and Salvage Master from Cuba, passed away in Havana, at the age of 69, after a long battle with kidney disease. Capt. Bravo served on board dry cargo and tanker vessels for...
April 1st, 2020 | HR, Obituaries, Salvage, Towage, Wreck Removals | Read More

Linking of Cyprus’ Wärtsilä Vessel Traffic Service solution with other regional systems will deliver multiple benefits

Linking of Cyprus’ Wärtsilä Vessel Traffic Service solution with other regional systems will deliver multiple benefits
Linking of Cyprus’ Wärtsilä Vessel Traffic Service solution with other regional systems will deliver multiple benefits Wärtsilä Corporation, 1 April 2020 at 10 am EEST – The technology group Wärtsilä has been contracted to upgrade its 11-year old Vessel Traffic Monitoring and Information...
April 1st, 2020 | IT and Communications, Marine Equipment Products and Services, Technology | Read More

Oslo Børs: Weakest ever start to the year for Norway’s stock market

Oslo Børs: Weakest ever start to the year for Norway’s stock market
Oslo Børs: Weakest ever start to the year for Norway’s stock market 31/03/2020 – The Oslo Børs Benchmark Index has never fallen by so much during the first three months of a year as in 2020, but there have been some quarters with much bigger decreases. Since 1914 there have been five quarters...
April 1st, 2020 | Markets, Stock Markets | Read More