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IUA issues Good Practice Guide for Delegated Authorities

IUA issues Good Practice Guide for Delegated Authorities
Dave Matcham A guide to good practice for delegated authority arrangements in the London company market has been published by the International Underwriting Association. The document urges firms to keep customer impacts uppermost in mind when outsourcing particular functions. It highlights the need for...
November 17th, 2017 | Insurance and Reinsurance, IUA, Marine Insurance | Read More

Diana Containerships Inc. reports Financial Results for Q3 and Nine Months ended September 30, 2017

Diana Containerships Inc. reports Financial Results for Q3 and Nine Months ended September 30, 2017
ATHENS, GREECE, November 17, 2017 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today reported a net loss of $8.7 million for the third quarter of 2017, compared to a net loss of $126.8 million for the same...
November 17th, 2017 | Accountancy, Company Profiles, Container shipping, News, Reports, Shipmanagement, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, November 17, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, November 17, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The 435-seat US House of Representatives approved its tax draft plan late on Thursday with 227 Republican in favor votes. All Democrats...
November 17th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

DNV GL: Standardisation can help enable the digital transformation of shipping

DNV GL: Standardisation can help enable the digital transformation of shipping
… Hamburg/Oslo, 17 November 2017: Classification society DNV GL has released a new position paper setting out the importance of standardisation in enabling the growth of digital applications in the maritime industry. Drawing from the experiences gained from digital pilot projects focused on ship...
November 17th, 2017 | Classification Societies, IT and Communications, Marine Equipment Products and Services, Technical, Technology | Read More

Thome opens Fleet Operations Hub

Thome opens Fleet Operations Hub
Speaking to a Master on board one of Thome’s managed vessels from Thome’s Operations Hub The Thome Group has opened a modern operations hub at its offices in Singapore to enhance the quality of its ship management services and reaction times to emergency responses. The state-of-the-art facilities...
November 17th, 2017 | HR, IT and Communications, News, Safety and Security, Shipmanagement | Read More

The BDI@1,361: further, but milder fall

The BDI@1,361: further, but milder fall
John Faraclas The BDI fell another 13 points earlier on today, a bit of  a milder fall as the losses for both Capers and Panamaxes as well as for the Supras have been halved. Geopolitics still an issue, greatly affecting the trade and, coupled with a real credit crunch, might lead to disasters. John...
November 16th, 2017 | Anniversaries, Art and auctions, Dry Bulkcarriers, Events, Exhibitions, Food and Drink, LNG, Markets, Military, News, Oil Industry, Paintings and Sculpture, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Come on steam in the Maritime Museum!

Come on steam in the Maritime Museum!
  St. Nicholas, steamer, steam weekend: experience in the Maritime Museum! Kom op stoom in Het Scheepvaartmuseum! In the coming weeks, the Maritime Museum all on steam! On Sunday, November 19th St. Nicholas arrives by steamboat and organize fun family activities. During steam weekend of 25 and 26...
November 16th, 2017 | Events, Conferences,Forums and Symposiums, Exhibitions, Maritime History and Museums | Read More

Hot Port news from GAC

Hot Port news from GAC
  16-Nov-2017 CANOE RACES FROM CLEAR WATER BAY TO STANLEY MAIN BEACH Hong Kong PROHIBITION OF VESSELS ARRIVING FROM/CALLING AT CRIMEAN PORTS Turkey Canoe Races from Clear Water Bay to Stanley Main Beach Thursday, November 16, 2017, Hong Kong Canoe races will take place during...
November 16th, 2017 | Port Conditions, Ports & Terminals, Rowing, Sanctions, Sports | Read More

Diana fixes m/v Naias on period t/c with Phaethon

Diana fixes m/v Naias on period t/c with Phaethon
ATHENS, GREECE, November 16, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International...
November 16th, 2017 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Stock Markets | Read More

New legal commentary on CMR uncovers Danish and international jurisprudence

New legal commentary on CMR uncovers Danish and international jurisprudence
Ulla Fabricius The inclusion of additional protocols to the CMR Convention in Danish legislation gave access to the possibility of establishing electronic freight agreements and communications for international road transport in Denmark. Lawyer and partner Ulla Fabricius has prepared a new legal commentary...
November 16th, 2017 | Insight, Land Trasnport, Legal, Logistics, Person Profiles, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, November 16, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, November 16, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The US House of Representatives is scheduled to vote on its tax reform plan later today while the Senate continues to make adjustments...
November 16th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Brookes Bell Master Mariner in double award honour

Brookes Bell Master Mariner in double award honour
Capt Adrian Scales CMMar FNI, left, pictured with Capt Martin Reed, Master of the Honorary Company of Master Mariners Captain Adrian Scales made Honourable Company of Master Mariners Liveryman London, 16 November 2017 – Master Mariner, Captain Adrian Scales FNI, of Brookes Bell Group, the leading...
November 16th, 2017 | Associations, Awards | Read More

RMT on Condor’s intention to bid for Jersey-Guernsey ferry service

RMT on Condor’s intention to bid for Jersey-Guernsey ferry service
Mick Cash MARITIME UNION RMT today issued a warning today that ferry company Condor’s intention to bid for the new inter-island service between Jersey and Guernsey would herald bad news for terms and conditions in the shipping industry were they to be successful. Condor, an exploitative employer that...
November 16th, 2017 | Cruise Ferry, HR, Labour Disputes, Manning - Seafarers and Offshore, Ro-Ro and Passenger Ferries | Read More

Wärtsilä propulsion solutions continue to be the choice for fishing vessels

Wärtsilä propulsion solutions continue to be the choice for fishing vessels
The new purse seiner trawler being built for Lunar Fishing Company will be equipped with the market’s most efficient propulsion machinery from Wärtsilä. Wärtsilä Corporation,  16 November 2017 at 10 a.m. EET – The technology group Wärtsilä continues its success in providing highly efficient,...
November 16th, 2017 | Fisheries, Marine Equipment Products and Services, News, Shipbuilding and Shipyards, Technical, Technology | Read More

Falling BDI@1,374 raises concerns…

Falling BDI@1,374 raises concerns…
John Faraclas The BDI (Baltic Dry Index) lost 31 points earlier on today, thanks merely to the Capers losing 101 points – another triple-digit loss… The Geopolitical situation is more than grave; John Faraclas’ brief midweek recap: So what’s up with the Dry Market? The GAP widens now with 873...
November 15th, 2017 | Dry Bulkcarriers, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Portugal’s Alentejo attracts international attention

Portugal’s Alentejo attracts international attention
State tourism secretary Ana Mendes Godinho at WTM. Portugal’s Alentejo attracts international attention By Graciete Amaro My native province of Alentejo, Portugal, is increasingly in the spotlight of the tourism industry – although officials are making sure they expand the business at a careful pace. Alentejo...
November 15th, 2017 | Conferences, Seminars, Forums, Events, Exhibitions, Featured, Food and Drink, Holidays, Tourism | Read More

International Shipping Industry takes significant action on Decarbonization at UNFCCC COP23

International Shipping Industry takes significant action on Decarbonization at UNFCCC COP23
BONN – NOVEMBER 15, 2017: A group of international shipping industry leaders have joined forces to drive the decarbonization agenda with a business-focused approach that pushes ahead of regulatory mechanisms at the 23rd session of the Conference of the Parties (COP 23) to the UN Convention on Climate...
November 15th, 2017 | Associations, Climate, Emissions, Environment, Events, Conferences,Forums and Symposiums, Oceanology, Oil Spill, Pollution | Read More

Hot Port News from GAC

Hot Port News from GAC
  15-Nov-2017 PROPOSED TEMPORARY SAFETY ZONE Delaware River, United States CREW CHANGES CEASE Port Latta, Australia Proposed temporary safety zone Wednesday, November 15, 2017, Delaware River, United States The Coast Guard proposes to establish a temporary safety zone on the...
November 15th, 2017 | Port Conditions, Ports & Terminals | Read More

INTTRA unveils a new suite of applications boosting operational effectiveness

INTTRA unveils a new suite of applications boosting operational effectiveness
John Fay New INTTRA C-FAST reduces manual effort by up to 40% Parsippany, N.J., and Singapore, November 15, 2017– INTTRA, the largest neutral electronic transaction platform, software and information provider at the center of the ocean shipping industry, today announced two new cloud-based...
November 15th, 2017 | IT and Communications, Marine Equipment Products and Services, News, Trade and Commerce | Read More

Inland Waterway Transport and Ports ask Europe for an ambitious policy action plan and continuity in funding

Inland Waterway Transport and Ports ask Europe for an ambitious policy action plan and continuity in funding
l to r: Theresia Hacksteiner (EBU), Karin de Schepper (INE), Alexander van den Bosch (EFIP), MEP Wim van de Camp, Commissioner for Transport Violeta Bulc, Hester Duursema (ESO) 15 November 2017 – Today, a coalition of inland waterway transport (IWT) and ports has handed over a declaration with...
November 15th, 2017 | Canals, European Union, Inland Waterways, News, Organisations, Port Conditions, Ports & Terminals | Read More

Celestyal Cruises announces its 2019 itineraries

Celestyal Cruises announces its 2019 itineraries
Kyriakos Anastassiadis Beloved Aegean Cruises Combine Marquee Destinations with Hidden Gems 71 Total Iconic Calls Scheduled for 2019, A Nine Percent Increase Piraeus, Greece: Celestyal Cruises announced its 2019 Itineraries, which will bring its passengers to the best of the Aegean. All cruises depart...
November 15th, 2017 | Cruise Industry, Food and Drink, Holidays, Maritime Tourism, Tourism | Read More

Moore Stephens Shipping Newsletter

Moore Stephens Shipping Newsletter
Viewers can find herebelow the latest issue of Bottom Line, the newsletter of the Moore Stephens shipping team, which includes articles on operating cost movements, shipping risk and confidence, and cyber security. We look forward receiving your comments: Bottom-Line-Autumn-2017  
November 15th, 2017 | Accountancy, Communication, Company Profiles, Shipmanagement | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 15, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 15, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The EUR retained a firm tone in European trade on Wednesday supported by Germany’s firmer than expected Q3 GDP data released in the...
November 15th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

“K” Line News: Delivery of 311,000 DWT-type VLCC “KISOGAWA”

“K” Line News: Delivery of 311,000 DWT-type VLCC “KISOGAWA”
The VLCC “KISOGAWA” Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “KISOGAWA,” a 311,000 DWT-type VLCC at Nantong Cosco KHI Ship Engineering Co., Ltd (hereafter called NACKS), China on November 15, 2017. Main Particulars LOA 339.50 m DWT...
November 15th, 2017 | News, Shipbuilding and Shipyards, Tankers, Technical, Technology | Read More

CAPAS trade show continues to serve the automotive industry in Southwest China

CAPAS trade show continues to serve the automotive industry in Southwest China
… Six theme zones to display strengthened product offerings Fringe programme enhances knowledge sharing opportunities, catering to regional end-users’ demands The Chengdu International Trade Fair for Automotive Parts and Aftermarket Services (CAPAS) proactively caters to regional trends whilst...
November 15th, 2017 | Associations, Automobiles, Events, Conferences,Forums and Symposiums, Exhibitions | Read More