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Moore Stephens says UK Autumn Budget preserves stable tax regime for shipping

Moore Stephens says UK Autumn Budget preserves stable tax regime for shipping
Susan Bill The stability of tax rules is of vital importance to the UK shipping sector, and international accountant and shipping adviser Moore Stephens says it is therefore encouraging that the UK government continued to provide a stable regime in its Autumn Budget 2017.  The Budget includes some specific...
November 22nd, 2017 | Comment, News, Organisations, Politics and Government, Shipping Centers | Read More

Stealthgas Inc., reports 9 months 2017 Financial and Operating results

Stealthgas Inc., reports 9 months 2017 Financial and Operating results
Harry Vafias ATHENS, GREECE, November 22, 2017. STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the third quarter ended September...
November 22nd, 2017 | Accountancy, Company Profiles, LPG, Shipmanagement, Statistics, Stock Markets | Read More

Intermodal Europe 2017 – The Smart Shipping Revolution; what does the future look like?

Intermodal Europe 2017 – The Smart Shipping Revolution; what does the future look like?
… The developments in information and communication technology, such as The Internet of Things, blockchain technology, tracking, sensors and big data, are dramatically transforming the container shipping market today, allowing for greater transparency within the shipping supply chain and providing...
November 22nd, 2017 | Associations, Canals, Events, Conferences,Forums and Symposiums, Exhibitions, Inland Waterways, Land Trasnport, Logistics, Port Conditions, Ports & Terminals, Rail | Read More

Britannia P&I Hosts Asian Members’ Forum in Hong Kong

Britannia P&I Hosts Asian Members’ Forum in Hong Kong
Andrew Cutler, CEO Tindall Riley (Britannia) Ltd speaking at the Asian Forum Following Britannia’s P&I European Members’ Forum in Athens earlier this month, the Club also hosted an Asian Members’ Forum on 21st November in Hong Kong. These regional Forums demonstrate the Club’s strategy of...
November 22nd, 2017 | Events, Conferences,Forums and Symposiums, P and I Clubs | Read More

European Shipowners welcome the agreement reached on CO2 Emissions Trading System

European Shipowners welcome the agreement reached on CO2 Emissions Trading System
Martin Dorsman Intensive negotiations came to an end two weeks ago when the European Parliament, the Council of Ministers and the European Commission reached a provisional agreement on the reform of the emissions trading system, which today was approved by the Member States. “European shipowners have...
November 22nd, 2017 | Associations, Emissions, Energy, Environment, European Union, Organisations, Shipmanagement | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 22, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 22, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE: The 2018 State Budget that was submitted yesterday to Parliament foresees GDP growth of +1.6% for 2017 and +2.5% for 2018, in alignment with...
November 22nd, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Freight forwarders call for investment

Freight forwarders call for investment
Robert Keen Ahead of today’s UK Budget, leading trade association, the British International Freight Association [www.bifa.org], is calling on the Chancellor to do more for the UK’s freight and logistics sector. Robert Keen, BIFA’s Director General says: “The economic outlook in the run...
November 22nd, 2017 | Associations, Logistics, Markets, News, Trade and Commerce | Read More

Inmarsat opens office at world-leading facility for maritime technology innovation in Ålesund

Inmarsat opens office at world-leading facility for maritime technology innovation in Ålesund
Inmarsat CEO Rupert Pearce New Norway operation to focus on driving digitalisation of shipping 22 November 2017: Inmarsat (LSE: ISAT.L), the world’s leading global mobile satellite communications company, has opened a new office, at the Norwegian Maritime Competence Center (NMCC) based in Ålesund,...
November 22nd, 2017 | Company Profiles, IT and Communications, News, Technology | Read More

VIKING becomes IMPA ACT preferred supplier

VIKING becomes IMPA ACT preferred supplier
VIKING CEO Henrik Uhd Christensen Esbjerg, Denmark – 22 November 2017: Global marine, offshore and fire safety equipment and servicing provider VIKING Life-Saving Equipment has announced it is now a Preferred Supplier under the IMPA ACT programme. IMPA ACT is an initiative of the International Marine...
November 22nd, 2017 | Associations, Marine Equipment Products and Services | Read More

Despite BDI’s plus symbol the Markets are uncertain

Despite BDI’s plus symbol the Markets are uncertain
John Faraclas The BDI (Baltic Dry Index)  gained 11 points earlier on today and now stands at 1,396 – about to go, hopefully, over and above the 1,400 threshold and give some hope to interested parties… The Geopolitics are turning once again sour. John Faraclas’ Market briefing: The Capers managed...
November 21st, 2017 | News, Reports, Shipping Indices, Short-sea shipping, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
  21-Nov-2017 HIGH WINDS HALT PORT ACTIVITY Jeddah & Yanbu, Saudi Arabia High winds halt port activity Tuesday, November 21, 2017, Jeddah & Yanbu, Saudi Arabia Marine movement at Jeddah port was stopped at 0810 hours local time today (21 November), due to high and unstable...
November 21st, 2017 | Port Conditions, Ports & Terminals, Weather | Read More

State-of-the-art NMDC dredger launched with Wärtsilä propulsion system

State-of-the-art NMDC dredger launched with Wärtsilä propulsion system
NMDC’s newly delivered hopper dredger features a Wärtsilä propulsion package. The technology group Wärtsilä has supplied the full propulsion package for a new, state-of-the-art Trailing Suction Hopper Dredger (TSHD) that was launched in September. The vessel is owned by National Marine Dredging...
November 21st, 2017 | Marine Equipment Products and Services, News, Shipbuilding and Shipyards, Technology | Read More

Germany: Coalition talks come to a deadlock; what options are on the table

Germany: Coalition talks come to a deadlock; what options are on the table
Global Economic & Market Outlook – Focus Notes (Tuesday, November 21, 2017) Germany: Coalition talks come to a deadlock; what options are on the table The three-party Jamaica coalition talks involving Angela Merkel’s Conservative Christian democratic political alliance CDU/CSU, the liberal...
November 21st, 2017 | Reports | Read More

London P&I Club warning on excessive position-fixing intervals

London P&I Club warning on excessive position-fixing intervals
Carl Durow The London P&I Club says excessive onboard position-fixing intervals have been a contributory factor in some recent costly claims. In one case, a laden bulk carrier grounded on a shoal, in circumstances where a previous inaccurate dead-reckoning plot was not detected in time. Although...
November 21st, 2017 | P and I Clubs | Read More

Navis Unveils Product Innovation at Carrier and Vessel Solutions Customer Conference

Navis Unveils Product Innovation at Carrier and Vessel Solutions Customer Conference
  To Meet Growing Industry Demand for Greater Collaboration, Navis Unveils Product Innovation and Integration at Carrier and Vessel Solutions Customer Conference  Oakland, CA — November 21, 2017 —Navis, a part of Cargotec Corporation and provider of operational technologies and services...
November 21st, 2017 | Events, Conferences,Forums and Symposiums, Marine Equipment Products and Services | Read More

Concern over cyber liability and lack of regulation hindering implementation of unmanned ships

Concern over cyber liability and lack of regulation hindering implementation of unmanned ships
… Concern over increased cyber security threat Uncertainty surrounding insurance cover availability Doubts raised over industry readiness for new technology Almost two thirds (64%) of global marine industry executives believe there is uncertainty surrounding liability issues relating to unmanned...
November 21st, 2017 | Books, IMarEST, Legal, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 21, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 21, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Increased political uncertainty in Germany keeps the EUR under pressure with the EUR/USD hovering around 1.1730/35 in European trade...
November 21st, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

5-4-3-2-1 ….. the clock is ticking for MECSS 2017

5-4-3-2-1 ….. the clock is ticking for MECSS 2017
Kevin Daffey The Marine Electrical and Control Systems Safety Conference (MECSS 2017) opens tomorrow (Wednesday 22 November) at Glasgow’s Technology & Innovation Centre (TIC). Delegates have travelled to be at the two-day event from Japan, The Netherlands, Norway, and from all around the UK;...
November 21st, 2017 | Associations, Conferences, Seminars, Forums, IMarEST | Read More

Hapag-Lloyd adds low-carbon refrigerant containers from Maersk Container Industry

Hapag-Lloyd adds low-carbon refrigerant containers from Maersk Container Industry
Niklas Ohling The company invests in 1,000 Star Cool Integrated™ containers chilled by the environmentally friendly R513A refrigerant system. To maintain and expand its container fleet, Hapag-Lloyd, a global container line, has purchased 3,700 Star Cool Integrated™ containers as part of their recent...
November 21st, 2017 | Containers, Emissions, Environment, Marine Equipment Products and Services, Markets, Reefer Containers, Technical, Technology | Read More

Uncertainty for both Dry and Wet Markets

Uncertainty for both Dry and Wet Markets
John Faraclas The BDI ended up earlier on today at 1,385 points – plus 14 since last Friday’s 1,371 points, thanks mainly to the Capers and to a lesser extent the Supras… The Geopolitics still in limbo. John Faraclas’ brief market note: The Capers’ BCI was up 61 points at 3,214...
November 20th, 2017 | Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Markets, News, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

An evening of fashion and elegance at the Greek Ambassador’s Residence

An evening of fashion and elegance at the Greek Ambassador’s Residence
Hand crocheted long necklace and bracelet made from silk, metallic threads and precious stones. The historic residence of Elena Schilitzi-Venizelou, the wife of Greece’s most acclaimed prime minister and that of George Seferis as Greece’s ambassador to the United Kingdom (1957-1961) and Nobel Laureate...
November 20th, 2017 | Events, Exhibitions, Fashion, Jewelry, People and Places, Social Columns | Read More

Conference highlights importance of industry collaboration to boost shipping and trade investment

Conference highlights importance of industry collaboration to boost shipping and trade investment
Participants, officials and speakers* Abu Dhabi – The 3rd Annual The Maritime Standard Ship Finance & Trade Conference, held at the Sheraton Abu Dhabi Hotel & Resort, assembled a high quality panel of speakers, from a wide variety of backgrounds, to discuss and debate the key issues and...
November 20th, 2017 | Events, Conferences,Forums and Symposiums, Ports & Terminals, Shipmanagement | Read More

2020 Fuel Regulations – a new (old) approach  

2020 Fuel Regulations – a new (old) approach  
Dr. Ram Vis Dr. Ram Vis was a speaker at GST/Shipping 2030 in New York last week. Viewers can read herebelow his reflections on how the maritime industry should be approaching the fuel issue: Historically, Charles Lamb is credited with introducing heavy fuels in Diesel Engines. There was serious competition...
November 20th, 2017 | Bunkering, Emissions, Environment, Events, Conferences,Forums and Symposiums, Technical, Technology | Read More

The founder of Telemar UK takes up the helm at SRHi in UK

The founder of Telemar UK takes up the helm at SRHi in UK
Hans Rasmussen – Chairman The founder member of Telemar (UK) Ltd, Rodger Perks, who stepped down from the board at the end of September, after 18 years as managing director, has agreed to postpone retirement to join the board of SRH International (SRHi) based in London, as a non-executive director. SRHi...
November 20th, 2017 | Company Profiles, IT and Communications, Marine Equipment Products and Services, Person Profiles, Technical, Technology | Read More

Risk assessments for fishing operations

Risk assessments for fishing operations
… In 2016, the Club experienced a high volume of crew injury claims on fishing vessels. The latest in our series of Risk assessment articles focuses on risk assessments for fishing operations to assist members in mitigating such claims. Of the claims recorded by the Club, three main areas of causation...
November 20th, 2017 | Fisheries, P and I Clubs | Read More