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Now is the time to manage the “unthinkable” risks, says IUMI President

Now is the time to manage the “unthinkable” risks, says IUMI President
Dieter Berg Opening this year’s International Union of Marine Insurance (IUMI) annual conference yesterday in Cape Town, South Africa, IUMI President Dieter Berg impressed on delegates the need to manage “unthinkable” risks. He highlighted a series of losses that, until recently, would...
September 18th, 2018 | Associations, Conferences, Seminars, Forums, Marine Insurance, News | Read More

Managing economic integration in Africa, OMFIF at the IMF

Managing economic integration in Africa, OMFIF at the IMF
. Commentary: Managing economic integration in Africa By Max Roch in London In the West, protectionism and an affinity for hard borders are on the rise. Other parts of the world, however, are adopting market-orientated initiatives appealing to the centre ground of politics, most notably Africa. In March,...
September 18th, 2018 | Reports | Read More

Sheboygan welcomes 39 nations to Para World Sailing Championships

Sheboygan welcomes 39 nations to Para World Sailing Championships
.. A record 98 sailors from 39 nations will race at the Para World Sailing Championships in Sheboygan, Wisconsin, USA from 18-22 September 2018. Sheboygan Yacht Club and the waters of Lake Michigan will welcome numerous Paralympic and World Championship medallists who will set sail in the Open 2.4 Norlin...
September 18th, 2018 | Sailing, Sports | Read More

The harsh reality: the BDI@1,357…

The harsh reality: the BDI@1,357…
John Faraclas The BDI lost just nine points since Friday the 14th of September,  “thanks” to the …”rebound” by the Supras and the Handies; Geopolitics more than crucially perplexed. John Faraclas’ brief recap: The BDI (Baltic Dry Index) lost nine points and enters another dangerous...
September 17th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Shipping Indices, Stock Markets | Read More

Hot Port News from GAC

Hot Port News from GAC
17-Sep-2018 CONSTRUCTION OF SHORE RAMP & REPLACEMENT OF SUBMARINE CABLES Singapore PORT OPERATIONS RESUMING AFTER MANGKHUT Hong Kong Construction of shore ramp & replacement of submarine cables Monday, September 17, 2018, Singapore The working period for the construction a shore ramp and replacement...
September 17th, 2018 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

PD Ports become first UK port operator to commit to preventing plastic pellets from leaking into the sea

PD Ports become first UK port operator to commit to preventing plastic pellets from leaking into the sea
Simon Clarke MP presenting an award to David Jones, Group Health, Safety and Environment Manager at PD Ports, to mark their signing up to Operation Clean Sweep, at the British Plastics Federation Parliamentary Reception at the House of Commons today, Monday 10 September. Teesport has become the first...
September 17th, 2018 | Associations, Environment, Oceanology, Pollution | Read More

ICS Launches Free Guidance on Preparing for 2020 Sulphur Cap

ICS Launches Free Guidance on Preparing for 2020 Sulphur Cap
Guy Platten Secretary General, ICS To assist shipping companies prepare for implementation of the UN IMO global sulphur cap for ships’ fuel oil, the International Chamber of Shipping (ICS) has produced – free of charge – some comprehensive guidance on implementation planning, to help ensure compliance...
September 17th, 2018 | Associations, Emissions, Environment, International Chamber of Shipping | Read More

LOC Acquires REMBRANDT Licence

LOC Acquires REMBRANDT Licence
Collision Tanker Vs Bulker View from Bulker Maindeck (LONDON, U.K.) – London Offshore Consultants (LOC) has announced that it has purchased its own in-house licence of BMT’s industry-leading navigation simulator, REMBRANDT.  The software which has been developed over a 25-year period, is already...
September 17th, 2018 | Mergers and Acquisitions | Read More

RMT on the Scottish Government’s decision to charter MV Arrow from Seatruck

RMT on the Scottish Government’s decision to charter MV Arrow from Seatruck
Mick Cash Scottish ferry union RMT today expressed concern at the Scottish Government’s decision to charter MV Arrow from low-cost operator Seatruck to meet short term freight capacity demand on publicly subsidised Northern Isles ferry routes currently operated by Serco NorthLink. RMT General Secretary,...
September 17th, 2018 | HR, Jobs, Labour Disputes, Manning - Seafarers and Offshore, Rail, Ro-Ro and Passenger Ferries | Read More

Bureau Veritas issues approval for GTT’s new NO96 Flex cargo containment system

Bureau Veritas issues approval for GTT’s new NO96 Flex cargo containment system
Philippe Berterottière, Chairman and CEO, GTT and Philippe Cambos, Director and Senior Technical Advisor, Bureau Veritas Marine & Offshore The Approval in Principle (AiP) for the new cargo containment system (CCS) was delivered at Gastech 2018 in Barcelona today  Paris-La Défense, France,...
September 17th, 2018 | Classification Societies, Events, Conferences,Forums and Symposiums, Exhibitions | Read More

President of Nigeria inaugurates first IAPH Regional Conference on African soil

President of Nigeria inaugurates first IAPH Regional Conference on African soil
… Abuja, 17 September 2018 The International Association of Ports and Harbors (IAPH) has held its first regional conference on African soil under the theme “African Ports and Hinterland Connectivity”.   Hosted by Nigerian Ports Authority at the Nigerian capital Abuja, the dedicated conference brings...
September 17th, 2018 | Events, Conferences,Forums and Symposiums, News, Ports & Terminals | Read More

BIFA expands training team with another key appointment

BIFA expands training team with another key appointment
Claire Capaccioli The British International Freight Association (BIFA) has expanded its training team with the appointment of Claire Capaccioli as Trainer – Freight and Customs Procedures.  For some time the trade association for freight forwarding companies has anticipated a significant increase...
September 17th, 2018 | Associations, Company Profiles, Education and Training, HR, Person Profiles | Read More

Lloyd’s Register Foundation launches Insight Report on safety in the passenger ferry industry

Lloyd’s Register Foundation launches Insight Report on safety in the passenger ferry industry
The Lloyd’s Register Foundation, a charity helping to protect the safety of life and property by supporting education, research and public engagement, today announces the launch of its Insight Report on safety in the passenger ferry industry. 17 September 2018 – The Lloyd’s Register Foundation...
September 17th, 2018 | Charity, Classification Societies, Health and Safety, Maritime Education and Training, News, Safety and Security | Read More

Global marine premiums up by 2% but challenges remain for marine underwriting, says IUMI

Global marine premiums up by 2% but challenges remain for marine underwriting, says IUMI
Donald Harrell, IUMI Facts & Figures Committee Chair Against the positive backdrop of a benign claims environment in some sectors, IUMI’s statistics show an increasing mismatch between premium income, covered risk and claims costs. On a global average basis, buffers to cover extraordinary single...
September 17th, 2018 | Marine Insurance, News | Read More

Transmar increases service levels with extra tonnage to Jeddah

Transmar increases service levels with extra tonnage to Jeddah
The “Viking Marlin” Transmar has upgraded its Adabiya departure services with the addition of a new vessel – the MV Viking Merlin – on the company’s Red Sea Service (RES) with a scheduled first departure from Adabiya on Thursday 20 September, 2018. This increased tonnage on the RES...
September 17th, 2018 | Containers, Liner Shipping and Trade, Markets | Read More

Sébastien Raspiller, James Bullard, and KfW seminar

Sébastien Raspiller, James Bullard, and KfW seminar
. Future economic and financial relationship between France and UK post-Brexit Tuesday 25 September, 18:15 BST London Roundtable discussion with Sébastien Raspiller, head of financial affairs at the French Directorate General of the Treasury. Raspiller holds responsibility for banking, insurance...
September 17th, 2018 | Events, Conferences,Forums and Symposiums | Read More

Daily Overview of Global Markets & the SEE Region (Monday, September 17, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, September 17, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US/China trade conflict is likely to escalate further after the Wall Street Journal reported on Friday that the Trump administration is considering a new round of tariffs on Chinese goods that could be announced as early as today...
September 17th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets, Trade and Commerce | Read More

Duuri Oy appoints GAC Hong Kong as Far East supply chain partner

Duuri Oy appoints GAC Hong Kong as Far East supply chain partner
Finnish interior detailing and finishing products specialist Duuri Oy has appointed GAC Hong Kong as its supply chain partner in the Far East, handling the full spectrum of logistics. GAC Hong Kong handles full container shipments coming in for Helsinki from Foshan, China, via Nansha port in Guangzhou,...
September 17th, 2018 | Logistics, Ports & Terminals | Read More

Overblown rhetoric over UK withdrawal, City Lecture with Charles Evans

Overblown rhetoric over UK withdrawal, City Lecture with Charles Evans
.. Commentary: Overblown rhetoric over UK withdrawal By David Marsh in Kraków The rhetorical battle over the best way for Britain to exit the EU has witnessed a ratcheting up of overblown invective from all sides. We have dire technocratic admonitions on the effects of a ‘no deal’ Brexit...
September 17th, 2018 | Banking, Events, Conferences,Forums and Symposiums, Reports | Read More

AAL delivers multifaceted offshore solution for Technipfmc in key scope of major Australian oil production project

AAL delivers multifaceted offshore solution for Technipfmc  in key scope of major Australian oil production project
AAL delivers multifaceted offshore solution for TechnipFMC Executed with optimum efficiency and safety, AAL performed a 3-month offshore pipe haul and ship-to-ship (S-T-S) operation for the Greater Enfield Project – a subsea oil production project located in Exmouth, Australia. September 17, 2018 –...
September 17th, 2018 | Energy, Marine Equipment Products and Services, Oil Industry | Read More

Japan strike gold on Tokyo 2020 waters as World Cup Series Enoshima concludes

Japan strike gold on Tokyo 2020 waters as World Cup Series Enoshima concludes
Japan’s Keiju Okada and Jumpei Hokazono Japan’s Keiju Okada and Jumpei Hokazono won gold in the Men’s 470 as the World Cup Series Enoshima, the first major event on Tokyo 2020 Olympic waters, came to a tame finish. The Japanese held an eight-point lead heading into the final day but, due to a light...
September 16th, 2018 | Sailing, Sports | Read More

Hot Port News from GAC

Hot Port News from GAC
16-Sep-2018 HURRICANE SIGNAL HOISTED FOR SUPER TYPHOON MANGKHUT Hong Kong Hurricane Signal hoisted for Super Typhoon MANGKHUT Sunday, September 16, 2018, Hong Kong The Hurricane Signal, No. 10, was hoisted in Hong Kong at 09.00 hours local time today (16 September) as Severe Typhoon MANGKHUT was located...
September 16th, 2018 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals | Read More

Hot Port News from GAC

Hot Port News from GAC
15–Sep-2018 WORLD HOLIDAYS: 16-29 SEPTEMBER 2018 Worldwide World Holidays: 16-29 September 2018 Saturday, September 15, 2018, Worldwide Public holidays around the world in the coming two weeks include the following: 16 Sep (Sun) – Malaysia Day 17 Sep (Mon) – National Hero Day (Angola) 22 Sep...
September 15th, 2018 | Holidays, Port Conditions, Ports & Terminals | Read More

Five World Cup podiums fill up on Tokyo 2020 Olympic waters

Five World Cup podiums fill up on Tokyo 2020 Olympic waters
. Five of ten podiums were completed on Saturday after the first day of Medal Races at the World Cup Series event in Enoshima, Japan. Enoshima and Sagami Bay received extensive rainfall overnight but as a breeze began to develop, there was nothing that could dampen the competitors’ spirits, with...
September 15th, 2018 | Sailing, Sports | Read More

The BDI@1,366; don’t call my bluff…

The BDI@1,366; don’t call my bluff…
John Faraclas Asymmetrical but expected figures govern the Markets and Geopolitics; we have been warning you with CAUTION in capital letters for both for a long time. John Faraclas daily and weekly recap: The BDI (Baltic Dry Index) lost 16 points earlier on today and now reads 1,366   points. On a...
September 14th, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Tankers | Read More