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Daily Overview of Global Markets & the SEE Region (Tuesday, February 13, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, February 13, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In FX markets, the DXY index was 0.4% weaker in European trade compared to Monday’s settlement on market anxiety ahead of Wednesday’s key US CPI report. Elsewhere, US Treasuries were modestly firmer with the 10-yr yield standing...
February 13th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Marine Money Cyprus Forum – 25 April 2018 – Agenda Topics

Marine Money Cyprus Forum – 25 April 2018 – Agenda Topics
A message from Marine Money with respect the forthcoming 2nd Marine Money Cyprus 2018  Forum “Connecting Shipping with  Capital Markets” A new shipping ministry is the latest positive news for Cyprus. This demonstrates further commitment from the government to the growth of shipowning,...
February 13th, 2018 | Events, Conferences,Forums and Symposiums, Shipfinance | Read More

Unsustainable BDI; messy Geopolitics…

Unsustainable BDI; messy Geopolitics…
John Faraclas The BDI (Baltic Dry Index) ended its upwards “rally” with a minus two point loss; Geopolitics are getting more than perplexed. John Faraclas’ daily briefing: The BDI now stands at 1,123 points  – once again thanks to the Capers which managed to clinched another 34 points –...
February 12th, 2018 | Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Tsavliris activities during Q4 2017

Tsavliris activities during Q4 2017
Bulkcarrier “Sinica Graeca” Q4 2017 Tsavliris Activities Viewes can read herebelow the latest international activities and see relevant photos from the Tsavliris Salvage: Bulk Carrier “SINICA GRAECA” On 17 August 2017, the Bulk Carrier “SINICA GRAECA” (GT 35,884 – DWT 63,270),...
February 12th, 2018 | News, Salvage, Towage, Wreck Removals | Read More

Maritime Labour Convention 2006 As Amended (MLC) – Liability for Uninsured MLC Liabilities

Maritime Labour Convention 2006 As Amended (MLC) – Liability for Uninsured MLC Liabilities
… Following from Steamship Mutual: As Members will be aware from the Club’s Circulars L.280 of June 2016 and L.284 of October 2016 concerning the implementation of financial certification requirements in accordance with the amendments to the Maritime Labour Convention 2006 (“MLC”), the...
February 12th, 2018 | Associations, HR, P and I Clubs | Read More

Sberbank and Sovcomflot conclude new USD 106 million project financing agreement

Sberbank and Sovcomflot conclude new USD 106 million project financing agreement
Nikolay Kolesnikov – Executive Vice-President of PAO Sovcomflot, Chief Financial Officer 12 February 2018, Moscow – Sberbank and Sovcomflot have signed a new USD 106 million project financing agreement, with a term of up to 14 years. The funds will finance the construction of a high ice...
February 12th, 2018 | Arctic Shipping, Finance, News, Shipbuilding and Shipyards, Shipfinance, Tankers | Read More

DNV GL in Greece: Showcasing new tools and services at the cutting edge of digitalization

DNV GL in Greece: Showcasing new tools and services at the cutting edge of digitalization
Ioannis Chiotopoulos Piraeus, 2nd February 2018: In a Press Conference that took place recently at DNV GL’s Piraeus offices, Regional Manager, Mr Ioannis Chiotopoulos, and his management team presented DNV GL’s new and updated digital tools and demonstrated how the classification society was using...
February 12th, 2018 | Classification Societies, Events, Conferences,Forums and Symposiums, IT and Communications, Marine Equipment Products and Services, Press and Media | Read More

Europort 2019 to host CEDA Dredging Days

Europort 2019 to host CEDA Dredging Days
CEDA Dredging Days 2017 (Photographer: Wilmar Dik) Organisers have confirmed that one of the main events on the dredging industry calendar, the popular two-day CEDA Dredging Days Conference, will again take place alongside Europort, firmly established amongst the world’s leading maritime exhibitions,...
February 12th, 2018 | Events, Conferences,Forums and Symposiums, Port Conditions, Ports & Terminals | Read More

HFW Briefing – Adam & Eve & Arbitration

HFW Briefing – Adam & Eve & Arbitration
Brian Perrott  Adam & Eve & Arbitration There are still arbitration clauses that contain arcane language requiring arbitrators to be “commercial men”. In this article we examine how the English courts have interpreted this “commercial men” wording and consider whether...
February 12th, 2018 | Arbiitration, Legal | Read More

iShipping Copenhagen 2018

iShipping Copenhagen 2018
Achieving Differentiation through Digital Innovation 27 & 28 February 2018 – Copenhagen Given the speed of change in the maritime market, it’s no longer enough to look just one year, or even five years, ahead. There is a fundamental shift taking place, with shipping now facing a new landscape,...
February 12th, 2018 | Events, Conferences,Forums and Symposiums, IT and Communications | Read More

Clyde & Co expands in Germany with Hamburg office opening

Clyde & Co expands in Germany with Hamburg office opening
Clyde & Co’s lofty status. London, 12 February 2018. Global law firm Clyde & Co is pleased to announce further expansion in continental Europe with the hire of four leading marine partners and the opening of an office in Hamburg. The partners join from Ince & Co and are a highly regarded...
February 12th, 2018 | Company Profiles, Legal, Person Profiles | Read More

Evergreen charters twelve 11,000 TEU containerships

Evergreen charters twelve 11,000 TEU containerships
Evergreen Marine Corp. (EMC) entered into an agreement with Shoei Kisen Kaisha today to charter twelve 11,000 TEU class containerships. The charter parties were signed by EMC Chairman Mr. Anchor Chang (left) and President of Shoei Kisen Kaisha Mr. Yukito Higaki (right). February 12, 2018 – Evergreen...
February 12th, 2018 | Chartering, Containers, Markets | Read More

AkzoNobel develops pioneering marine fouling prevention solution based on UV-LED technology

AkzoNobel develops pioneering marine fouling prevention solution based on UV-LED technology
UV Panel AkzoNobel is to develop a revolutionary fouling prevention technology which uses ultraviolet light-emitting diodes (UV-LED). The pioneering solution – which uses underlying technology developed by Royal Philips – will be applied to underwater surfaces to eliminate fouling growth.  By teaming...
February 12th, 2018 | Marine Equipment Products and Services | Read More

HRAS News: Dr. Sofia Galani presents ‘human rights at sea’ at the BRS&LI

HRAS News: Dr. Sofia Galani presents ‘human rights at sea’ at the BRS&LI
Dr. Sofia Galani Dr. Sofia Galani presents maritime security and human rights, and explores the ‘human rights at sea’ debate Human Rights at Sea is very pleased that Dr Sofia Galani, one of its Non- Executive Board of Advisors, gave an insightful academic presentation on January 23rd 2018 at the...
February 12th, 2018 | Events, Conferences,Forums and Symposiums, Legal, Manning - Seafarers and Offshore | Read More

New company structure for Swissterminal Group

New company structure for Swissterminal Group
The Swissterminal facility in Frenkendorf / Basel Swissterminal AG paves way to enter new markets Frenkendorf, Switzerland, 12 February 2018: Swissterminal will change its company structure and bundle its activities into two divisions, one for operational and the other for non-operational activities....
February 12th, 2018 | Company Profiles, Logistics, News, Rail | Read More

U-FREIGHT supports TAPA’s supply chain security efforts

U-FREIGHT supports TAPA’s supply chain security efforts
The news that cargo thefts at unsecured locations in the Europe, Middle East and Africa (EMEA) region accounted for 173 or 85.1 percent of incidents reported in November 2017, is further evidence of the need for diligence in supply chain security, says international freight forwarding and logistics company,...
February 12th, 2018 | Associations, Claims, Corruption, Logistics, Port Conditions, Safety and Security | Read More

Hempel rolls out versatile and fast-drying cargo tank coating for the offshore oil & gas industry

Hempel rolls out versatile and fast-drying cargo tank coating for the offshore oil & gas industry
… Today – 12 February – world-leading coating manufacturer Hempel launches its high performance, chemical resistant, two component epoxy coating – Hempadur 15600 – to the offshore industry. Designed specifically for Floating Production Storage and Offloading (FPSO) cargo tank protection,...
February 12th, 2018 | Energy, Marine Equipment Products and Services | Read More

Dualog rolls out state-of-the-art email platform across the Teekay Fleet

Dualog rolls out state-of-the-art email platform across the Teekay Fleet
Thomas Heide Dualog, one of the world’s leading providers of ship-to-shore data communications services, has won a major contract to install and upgrade email capability on 160 Teekay vessels worldwide. Work has already started on the project with over 100 vessels being equipped in just three months...
February 12th, 2018 | IT and Communications, Marine Equipment Products and Services, Shipmanagement | Read More

Worst of US truck driver shortage problem ‘still to come’, says iContainers

Worst of US truck driver shortage problem ‘still to come’, says iContainers
Barcelona, 12 February, 2018 – Online freight forwarder iContainers says that the ongoing truck driver shortage problem plaguing the US at the moment is still to intensify. The problem, worsened by an overactive hurricane season which affected trucking in the Gulf region and high demand from the festive...
February 12th, 2018 | Containers, Land Trasnport, Logistics | Read More

DailyOverview of Global Markets & the SEE Region (Monday, February 12, 2018)

DailyOverview of Global Markets & the SEE Region (Monday, February 12, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: According to the US Committee for a Responsible Federal Budget, Friday’s two-year budget deal, which follows the sweeping overhaul of the US tax code in December, is projected to push the federal government deficit to levels above...
February 12th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Autonomous ships and regulatory developments

Autonomous ships and regulatory developments
Marcia Vieira-Royle Autonomous ships and regulatory developments By Marcia Vieira-Royle* The First Autonomous Vessels Initiatives and Immediate Similar Developments The idea of having an autonomous or an unmanned 105 teu vessel crossing the oceans had hardly been met with belief and acceptance by the...
February 11th, 2018 | Insight, Legal, Marine Equipment Products and Services, News, Person Profiles, Shipbuilding and Shipyards, Technical, Technology | Read More

A Capers week keeping the BDI@1,125 …“buoyant”

A Capers week keeping the BDI@1,125 …“buoyant”
John Faraclas The BDI (Baltic Dry Index) gained 19 points and overall 30 since last Friday the 2nd of February thanks to the Capers’ surge… Geopolitics and the Global economy in tatters… John Faraclas’ daily and weekly market briefing: The BCI gained 128 points today standing at 1,790 points...
February 9th, 2018 | News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

How to Survive the New York Fashion Week Fall/Winter 2018

How to Survive the New York Fashion Week Fall/Winter 2018
By Elena Sendona I’ve been attending the NYFW since September 2009 and through this fascinating experience I saw all the difficulties and pleasures derived from it. Attending it in winter time is more challenging due to weather conditions, especially the extremely low temperatures of the last couple...
February 9th, 2018 | Fashion, News | Read More

Hot Port News from GAC

Hot Port News from GAC
  09-Feb-2018 STEVEDORES ANNOUNCE RISE IN INFRASTRUCTURE SURCHARGES  Sydney/Fremantle/Brisbane/Melbourne, Australia Stevedores announce rise in infrastructure surcharges Friday, February 9, 2018, Sydney/Fremantle/Brisbane/Melbourne, Australia Patrick Stevedores have decided to increase infrastructure...
February 9th, 2018 | Ports & Terminals | Read More

New program improves Used-Vehicle Export Process from Port Everglades

New program improves Used-Vehicle Export Process from Port Everglades
… (PORT EVERGLADES, Fla.; Feb. 9, 2018) – Crowley Maritime Corp. has helped launch a pilot Vehicle Validation Export Process Program that now allows shippers to submit original vehicle export documentation electronically instead of delivering physical copies to a local customs trade office....
February 9th, 2018 | Automobiles, Trade and Commerce | Read More