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The Oslo Stock Exchange imposes a violation charge on Lavo.tv AS

The Oslo Stock Exchange imposes a violation charge on Lavo.tv AS
The Oslo Stock Exchange imposes a violation charge on Lavo.tv AS 17/06/2019 On 17 June 2019, the Oslo Stock Exchange resolved to impose a violation charge on Lavo.tv AS of NOK 300,000 for breaches of the duty to disclose inside information. The Oslo Stock Exchange has passed the following resolution: “For...
June 17th, 2019 | Markets, Statistics, Stock Markets | Read More

Athens seminar provides industry education on use of Methanol as marine fuel

Athens seminar provides industry education on use of Methanol as marine fuel
Athens seminar provides industry education on use of Methanol as marine fuel Low emission methanol is simple to adopt and straightforward to implement, offering compliance with IMO 2020 and a pathway to meeting 2030 and 2050 CO2 emission targets Athens, June 17 2019. Leading figures from the Greek shipping...
June 17th, 2019 | Bunkering, Environment, Events, Conferences,Forums and Symposiums | Read More

DSME, NAPA, Korea Maritime and Ocean University, and AVL partner to develop digital ships

DSME, NAPA, Korea Maritime and Ocean University, and AVL partner to develop digital ships
l to r: Odin Kwon, Daewoo Shipbuilding & Marine Engineering, Deog Hee Doh, Korea Maritime and Ocean University, Naoki Mizutani, NAPA and Marko Dekena, AVL LIST signing the co-operation agreement at Nor-Shipping 2019 exhibition in Oslo. DSME, NAPA, Korea Maritime and Ocean University, and AVL partner...
June 17th, 2019 | Academia, IT and Communications, Marine Equipment Products and Services, Military, Shipbuilding and Shipyards, Technical, Technology | Read More

HFW Insurance Bulletin: June 2019 Edition 1

HFW Insurance Bulletin: June 2019 Edition 1
Costas FrangeskidesPartnerHolman Fenwick Willan LLP HFW Insurance Bulletin: June 2019 Edition 1 In this issue: Regulation and legislation; Court cases and arbitration; Market developments 1. Regulation and legislation UK: PRA Penalty for Outsourcing Failures The PRA has imposed a penalty of over £1...
June 15th, 2019 | Climate, Environment, Insurance and Reinsurance, Legal | Read More

The BDI@1,085; …Market rebound or what?

The BDI@1,085; …Market rebound or what?
John Faraclas The BDI@1,085; …Market rebound or what? The BDI (Baltic Dry Index) gained 23 points earlier on today, thanks mainly to the volatile Capes. The Geopolitics as we have verbatim predicted got more than perplexed and will end up more than sour in all fronts, repeat in all fronts. John Faraclas’...
June 14th, 2019 | Chartering, Dry Bulkcarriers, Energy, Markets, Military, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
 Hot Port News from GAC 14-Jun-2019 TARIFF UPDATES FOR AUSTRALIAN PORTS Australia OFFSHORE ROCKET LAUNCH AND POTENTIAL AFFECT ON MARINE TRAFFIC Delaware, Maryland & Virginia coastal waterways, United States ONE-WAY TRAFFIC DISRUPTION Corpus Christi, United States Tariff updates for Australian ports Friday,...
June 14th, 2019 | Inland Waterways, Port Conditions, Ports & Terminals, Taxation | Read More

World’s maritime search and rescue experts gather in Vancouver

World’s maritime search and rescue experts gather in Vancouver
Theresa Crossley, CEO IMRF World’s maritime search and rescue experts gather in Vancouver Some of the world’s leading maritime search and rescue experts will be meeting in Vancouver, Canada to share knowledge and improve their skills this weekend (15-18 June). Every year around 360,000 people...
June 14th, 2019 | Associations, Conferences, Seminars, Forums, Health and Safety, Safety and Security | Read More

The BDI@1,062 BDI amid growing global turmoil

The BDI@1,062 BDI amid growing global turmoil
John Faraclas The BDI@1,062 BDI amid growing global turmoil    The BDI (Baltic Dry Index) lost another 18 points and now stands at 1,062; Geopolitics as expected here are more than perplexed and our prolonged warning –  even yesterday’s call come unfortunately verbatim right! John Faraclas...
June 14th, 2019 | Chartering, Dry Bulkcarriers, Markets, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

International Chamber of Shipping expresses concern over tanker attacks

International Chamber of Shipping expresses concern over tanker attacks
Guy Platten International Chamber of Shipping expresses concern over tanker attacks The Board of the International Chamber of Shipping (ICS) has expressed concern at the serious incidents involving the Marshall Islands flagged ship Front Altair and the Panama flagged Kokuka Courageous, in the Gulf of...
June 13th, 2019 | Associations, International Chamber of Shipping, Piracy and Terrorism, Safety and Security | Read More

Hot Port News from GAC

Hot Port News from GAC
Hot Port News from GAC 13-Jun-2019 REVALIDATION OF THE GMDSS GENERAL OPERATOR CERTIFICATE (GOC) AND RESTRICTED OPERATOR CERTIFICATE (ROC) Singapore Revalidation of the GMDSS General Operator Certificate (GOC) and Restricted Operator Certificate (ROC) Thursday, June 13, 2019, Singapore According to the...
June 13th, 2019 | Manning - Seafarers and Offshore, Port Conditions, Ports & Terminals, Regulatory, Safety and Security, Shipmanagement | Read More

IMO Secretary-General speaks out on suspected tanker attacks

IMO Secretary-General speaks out on suspected tanker attacks
IMO’s Secretary-General Kitack Lim International Maritime Organization – 13 June 2019, 15:56 BST IMO Secretary-General speaks out on suspected tanker attacks ​IMO Secretary-General Kitack Lim has condemned the suspected attacks on two tankers off the coast of Oman that occurred earlier...
June 13th, 2019 | IMO, News, Organisations, Politics and Government, UN | Read More

Shiphandling the focus for Nautical Institute’s annual conference

Shiphandling the focus for Nautical Institute’s annual conference
The Royal Hong Kong Yacht Club Shiphandling the focus for Nautical Institute’s annual conference 13.06.19 – Opened by Agnes Wong Tin-yu, Director of Marine for Hong Kong SAR, today’s Nautical Institute International Conference 2019 gave rise to a lively and stimulating debate on the subject...
June 13th, 2019 | Events, Conferences,Forums and Symposiums, The Nautical Institute | Read More

Takis

Takis
… Takis 3 July – 27 October 2019 Supported by Tate International Council Over a 70-year career, Takis (Panayiotis Vassilakis, b.1925) has created some of the most innovative art of the 20th century. A sculptor of magnetism, light and sound, he seeks out the essential poetry and beauty of the...
June 13th, 2019 | Art and auctions, Paintings and Sculpture | Read More

BIMCO urges nations to co-operate after new Hormuz attacks

BIMCO urges nations to co-operate after new Hormuz attacks
Angus Frew BIMCO urges nations to co-operate after new Hormuz attacks BIMCO is urging nations to defuse tension and work together through diplomatic efforts following new attacks on two tankers at the Strait of Hormuz on 13 June. The attacks occurred just east of the Strait of Hormuz, involving a Marshall...
June 13th, 2019 | BIMCO, Piracy and Terrorism, Safety and Security | Read More

London P&I Club’s capital position remains strong despite heavy cost of claims

London P&I Club’s capital position remains strong despite heavy cost of claims
Ian Gooch London P&I Club’s capital position remains strong despite heavy cost of claims THE London P&I Club has issued an advance summary of its result for the 2018/2019 financial year, ahead of the publication of its annual report. With free reserves of $168.8m, the club’s capital position...
June 13th, 2019 | P and I Clubs, Reports | Read More

The outcomes of Poseidon Med II event in Limassol on 11th June 2019

The outcomes of Poseidon Med II event in Limassol on 11th June 2019
Snapshot from the Roundtable discussion (from left: Stella Fyfe, Bunkernet; Joseph Florentin, DESFA; Oleg Kalinin, SCF Management Services; Peter Wallace, Lavar Shipping; Antonis Trakakis, Arista Shipping; George Polychroniou, DEPA; Panayiotis Mitrou, Lloyd’s Register) The outcomes of Poseidon Med...
June 13th, 2019 | Bunkering, Classification Societies, Conferences, Seminars, Forums, LNG | Read More

China writing new interbank rules, OMFIF launches Global Public Investor 2019

China writing new interbank rules, OMFIF launches Global Public Investor 2019
China writing new interbank rules, OMFIF launches Global Public Investor 2019 Commentary: China writing new interbank rules By Herbert Poenisch in Beijing China’s commercial banks have struggled in the international arena. They are the biggest in the world, but must abide by rules written over...
June 13th, 2019 | Banking, Comment, Finance, Markets, Reports | Read More

The BDI@1,080: the fall continues… amid geopolitical uncertainty

The BDI@1,080: the fall continues… amid geopolitical uncertainty
John Faraclas The BDI@1,080: the fall continues… amid geopolitical uncertainty The BDI (Baltic Dry Index) fell 25 points losing the 1,100 points threshold. The Geopolitical uncertainty might create chaos which eventually might affect shipping in its entirety. John Faraclas’ brief midweek recap: ...
June 12th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, Reports, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Crowley Supports Small Business Growth and Success in Transportation Management Services for U.S. Warfighters

Crowley Supports Small Business Growth and Success in Transportation Management Services for U.S. Warfighters
l to r: Jerome Thomas and Dean Norris Crowley Supports Small Business Growth and Success in Transportation Management Services for U.S. Warfighters (JACKSONVILLE, Fla.; June 12, 2019) ­–  A key factor in Crowley’s successful support of U.S. warfighters under the federal Defense Freight Transportation...
June 12th, 2019 | Land Trasnport, Logistics, Markets, Trade and Commerce | Read More

Compliance vs Indifference

Compliance vs Indifference
. Compliance vs Indifference  A tale of two cities… In the last two weeks it has been my pleasure to travel to both Athens (Hellenic American Maritime Forum) and Oslo (NorShipping) and meet with maritime stakeholders.  While all carry the passion for shipping, they are often diametrically opposed...
June 12th, 2019 | Environment, Regulatory | Read More

Hot Port News from GAC

Hot Port News from GAC
Hot Port News from GAC 12-Jun-2019 RECLAMATION WORKS AT AYER MERBAU BASIN Singapore VESSEL TRAFFIC SUSPENSION AT DARDANELLES Turkey Reclamation works at Ayer Merbau Basin Wednesday, June 12, 2019, Singapore According to the Maritime and Port Authority of Singapore Port Marine Notice No. 54 of 2019 (a...
June 12th, 2019 | Port Conditions, Ports & Terminals | Read More

Supreme Court clarifies types of expense to be taken into account in calculating a constructive total loss

Supreme Court clarifies types of expense to be taken into account in calculating a constructive total loss
Supreme Court clarifies types of expense to be taken into account in calculating a constructive total loss Sveriges Angfartygs Assurans Forening (The Swedish Club) and others (Appellants) v Connect Shipping Inc and another (Respondents) (the MV RENOS) [12.06.19] The Supreme Court has today held that...
June 12th, 2019 | Legal, P and I Clubs | Read More

BIMCO Shipping Market Reports JUNE 2019 – part 2/2.

BIMCO Shipping Market Reports JUNE 2019 – part 2/2.
Peter Sand Oil tanker shipping and container shipping. Waiting for 2020 / Global demand growth in TEU is weak, but very unevenly distributed. Tanker shipping: While we wait for 2020 to kick in, it’s all about politics The tanker market is – even more so than before – all about geopolitics. Iran,...
June 12th, 2019 | BIMCO, Reports, Tankers | Read More

RMT response to FAI into Scottish helicopter tragedy

RMT response to FAI into Scottish helicopter tragedy
RMT response to FAI into Scottish helicopter tragedy Offshore union RMT response to Crown Office in Scotland announcement that there will be an FAI into the helicopter crash in August 2013.  Mick Cash Mick Cash, General Secretary of offshore workers union RMT, said; “The time that has elapsed...
June 12th, 2019 | Aviation, Health and Safety, HR, Maritime Accidents | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, 12 June, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, 12 June, 2019)
. Daily Overview of Global Markets & the SEE Region (Wednesday, 12 June, 2019) HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:  Investors adopted a cautious stance against risk assets early today amid renewed trade woes with European bourses opening in the red, following modest...
June 12th, 2019 | Banking, Finance, Markets, Reports, Statistics, Stock Markets | Read More