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Desmond Lachman on US monetary policy, Danae Kyriakopoulou on Banxico independence and more

Desmond Lachman on US monetary policy, Danae Kyriakopoulou on Banxico independence and more
OMFIF Update  – Week 5 2019 28 January-1 February 2019 Vol.10 Ed.5 REPORT  The rise of central bank gold demand Since the 2008 financial crisis there has been renewed interest in gold’s unique characteristics as a safe haven asset that is nobody’s liability. This, combined with scepticism...
February 2nd, 2019 | Banking, Comment, Communication, Conferences, Seminars, Forums, Finance, Insight, Markets | Read More

The BDI@645; without frills…

The BDI@645; without frills…
John Faraclas The BDI (Baltic Dry Index) loss was a bit contained today, just 23 points but on a weekly basis the loss was a triple-digit one: 260 points from 905 of last Friday the 25th of January. Geopolitics still in disarray. John Faraclas’ daily and weekly recaps: The Capes’ BCI was down...
February 1st, 2019 | Academia, Banking, Chartering, Dry Bulkcarriers, Environment, Events, Insight, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
01-Feb-2019 C&D CANAL RESTRICTIONS DUE TO ICE Delaware Bay, United States DRAFT RECOMMENDATION ISSUED AT THE PORT OF NEW ORLEANS New Orleans, United States VICTORIA INTERNATIONAL CONTAINER TERMINAL TO INCREASE INFRASTRUCTURE SURCHARGE Victoria, Australia GCPTL JETTY MAINTENANCE Dahej, India WEATHER...
February 1st, 2019 | Port Conditions, Ports & Terminals, Weather | Read More

Marseille Fos CEO leaving to rejoin CMA CGM

Marseille Fos CEO leaving to rejoin CMA CGM
Christine Cabau Woehrel Christine Cabau Woehrel is leaving her post as CEO of the Marseille Fos port authority with effect from March 12 on completion of her five-year term of appointment.  A successor is due to be named in the coming weeks. Cabau Woehrel is rejoining Marseilles-based shipping giant...
February 1st, 2019 | Company Profiles, HR, News, Person Profiles, Ports & Terminals, Story of the Week | Read More

Bermuda London Forum

Bermuda London Forum
Hamilton, Bermuda, February 1, 2019 – Close to 200 industry professionals from shipping to insurtech attended a day-long, multi-industry forum in London late last year, the fourth to date organised by the Bermuda Business Development Agency (BDA). The November 27 event included a chat on blockchain...
February 1st, 2019 | Events, Conferences,Forums and Symposiums | Read More

An exciting new chapter – we’re merging

An exciting new chapter – we’re merging
Simon Gallagher We’re delighted to announce our merger with leading accountants and advisors BDO will go live from Monday 4 February. This is a substantial milestone where we are creating a truly market-leading accountancy and business advisory firm focused on entrepreneurially-spirited, fast-growing...
February 1st, 2019 | Accountancy, Mergers and Acquisitions | Read More

Keep your finger on the pulse with GAC’s Hot Port News

Keep your finger on the pulse with GAC’s Hot Port News
Hot Port News (HPN) is a free daily information service provided by GAC to registered subscribers. Hot Port News features regular updates on local developments at ports around the world, provided by the GAC Group’s extensive network of offices. You can view the daily bulletins and search the news...
February 1st, 2019 | Communication, Port Conditions, Ports & Terminals | Read More

“K” LINE Deploys Binary Cycle Power Generation Systemon Coal carrier “CORONA YOUTHFUL” and Starts Onboard Trial

“K” LINE Deploys Binary Cycle Power Generation Systemon Coal carrier “CORONA YOUTHFUL” and Starts Onboard Trial
The “Corona Youthful” “K” LINE is pleased to advise that one of our new 91,000-DWT-type coal carriers, “CORONA YOUTHFUL,” was delivered with a binary cycle power generation system developed by KOBE STEEL, LTD. at OSHIMA SHIPBUILDING CO., LTD. on 1 February 2019 with operational trial...
February 1st, 2019 | Dry Bulkcarriers, Marine Equipment Products and Services, Markets, News, Shipbuilding and Shipyards, Technical, Technology | Read More

Babcock International wins 21st ecoSMRT® contract

Babcock International wins 21st ecoSMRT® contract
.. Babcock International, the Aerospace and Defence company, has secured its 21st ecoSMRT® supply contract at Hyundai Heavy Industries (HHI) in South Korea, since first contract award in February 2018. ecoSMRT®, the liquefied natural gas (LNG) single mixed refrigerant (SMR) solution, developed...
February 1st, 2019 | Marine Equipment Products and Services, News, Technical, Technology | Read More

Cruise Ship Interiors Expo Miami Announces its First Conference Speakers

Cruise Ship Interiors Expo Miami Announces its First Conference Speakers
Toby Walters Cruise Ship Interiors Expo Miami is a free-to-attend event catering exclusively to the cruise interiors industry Industry experts from Norwegian Cruise Line, Holland America Line, Seabourn, and Studio DADO will speak at the conference The inaugural expo will take place June 18-20, 2019...
February 1st, 2019 | Events, Conferences,Forums and Symposiums, Exhibitions | Read More

Daily Overview of Global Markets & the SEE Region (Friday, February 1, 2019)

Daily Overview of Global Markets & the SEE Region (Friday, February 1, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: European bourses were mixed in early trade on Friday while Asian equity ended almost flat this morning as renewed concerns about China’s growth prospects offset positive signs from US/China trade talks. According to US President Donald...
February 1st, 2019 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@668; come hell or high water…

The BDI@668; come hell or high water…
John Faraclas The BDI (Baltic Dry Index) lost another 53 points today as well as the 700 points threshold; the Wets suffered too in a red day for all. Geopolitics as always enigmatic and perplexed and we are sending a warning, a red alert as things might get off hand; an economic war is far worse than...
January 31st, 2019 | Art and auctions, Chartering, Comment, Exhibitions, Insight, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Maritime charity calls on people to send well wishes to sick seafarer

Maritime charity calls on people to send well wishes to sick seafarer
Sailors’ Society port chaplain Steve Loader recently visited Mohammed A maritime charity which is supporting a sick seafarer in Torbay Hospital is calling on people to send him their well wishes. Indonesian Mohammed Rosuli was hospitalised on Friday (25 January) after complications from an operation...
January 31st, 2019 | Charity, Health and Safety, Manning - Seafarers and Offshore | Read More

Hot Port News from GAC

Hot Port News from GAC
31–Jan-2019 NAVIGATIONAL WARNING DUE TO FIREWORKS DISPLAY Hong Kong MARINE WORKS TO THE SOUTH-EAST OF THE HONG KONG INTERNATIONAL AIRPORT Hong Kong DREDGING OPERATIONS AT THE BLACK POINT POWER STATION Hong Kong RECLAMATION TO THE SOUTHWEST OF SHEK KWU CHAU Hong Kong ESTABLISHMENT OF SILT CURTAIN...
January 31st, 2019 | Port Conditions, Ports & Terminals | Read More

Cargo liquefaction continues to be a major risk for dry bulk shipping

INTERCARGO welcomes the latest amendment to the International Maritime Solid Bulk Cargoes Code (IMSBC 04-17) which entered into force on 1st January 2019 and includes important updates related to cargoes that may liquefy. Pertinent updates include: changes to section 4.5 of the Code which stipulates...
January 31st, 2019 | Associations, Intercargo | Read More

Turkey ratifies ship recycling convention

Turkey ratifies ship recycling convention
Turkey, one of the five major ship recycling countries in the world, has ratified the IMO Hong Kong Convention, the treaty for safe and environmentally sound ship recycling. The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009, covers the design, construction,...
January 31st, 2019 | Ship Demolitions | Read More

HELMEPA cuts its traditional “Pita”

HELMEPA cuts its traditional “Pita”
HELMEPA’s Chairman, Dr George Gratsos cuts the traditional “pita” for the New Year In the presence of HELMEPA’s Honorary Members, the Board of Directors, the Chairman of the Ukrainian Marine Environment Protection Association- UKRMEPA, representatives of Moore Stephens Chartered Accountants and...
January 31st, 2019 | Events, Conferences,Forums and Symposiums | Read More

Lukas Kopp joins Natco AG as new Projects Director

Lukas Kopp joins Natco AG as new Projects Director
Lukas Kopp Ruemlang/Zurich, 31 January 2019: Natco AG is bringing Lukas Kopp on board as its new Projects Director, effective 1 February, 2019. Kopp will be based at Natco’s headquarters in Ruemlang near Zurich in Switzerland. Natco AG is an international project logistics expert and part of...
January 31st, 2019 | Company Profiles, Logistics, Person Profiles | Read More

WOC CEO to Keynote First Global Offshore Wind Summit

WOC CEO to Keynote First Global Offshore Wind Summit
Paul Holthus, CEO, World Ocean Council World Forum Offshore Wind (WFO) Launches Flagship Offshore Wind Industry Event with WOC Input on Ocean Industry Leadership, Collaboration and Action 31 January 2019 The World Forum Offshore Wind (WFO) has invited World Ocean Council (WOC) CEO, Paul Holthus, as opening...
January 31st, 2019 | Alternative Sources of Energy, Climate, Emissions, Environment, Oceanology, Pollution | Read More

Join us at Maritime Week Americas • Early Bird tickets available

Join us at Maritime Week Americas • Early Bird tickets available
We’re delighted to announce that Maritime Week Americas is returning to Fort Lauderdale this year, a stones’ throw from Port Everglades, one of the most important cruise, petroleum and container ports in the Americas. MWA is a hugely popular week-long series of events created to bring together...
January 31st, 2019 | Bunkering, Events, Conferences,Forums and Symposiums | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, January 31, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, January 31, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In line with market expectations, the Fed kept the rate for the fud funds target rate unchanged at 2.25-2.50% at this week’s two-day policy meeting which concluded yesterday. However, the tone of the FOMC policy statement and the...
January 31st, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

ClassNK grants AIP to Kawasaki Heavy Industries for their project on an LNG-fuelled 207K DWT bulk carrier design

ClassNK grants AIP to Kawasaki Heavy Industries for their project on an LNG-fuelled 207K DWT bulk carrier design
Tokyo – Leading Classification Society ClassNK granted an Approval in Principle (AIP) based on its Rule Part GF which adopts IGF Code (regulation for ships using low-flashpoint fuels) to Kawasaki Heavy Industries (KHI) for their project on the concept design of an LNG-fuelled 207K DWT bulk carrier. Speaking...
January 31st, 2019 | Bunkering, Classification Societies, LNG, Marine Equipment Products and Services, Technical, Technology | Read More

PM must push Brexiteers against the wall, CCE and normalising monetary policy

PM must push Brexiteers against the wall, CCE and normalising monetary policy
United Kingdom’s PM Theresa May Commentary: PM must push Brexiteers against the wall By Joergen Oerstroem Moeller in Singapore Prime Minister Theresa May’s Brexit deal has been rejected – again – because she is not in control of her party. In the probable case of no meaningful concessions...
January 31st, 2019 | Banking, Comment, Markets | Read More

Midweek blues with the BDI@721…

Midweek blues with the BDI@721…
John Faraclas The entire Market – both Dry and Wet was down today and I guess you must be very affluent this time to avoid even more losses… Let’s see how many can sail through… Geopolitics in total mess affecting the entire shipping industy. John Faraclas’ midweek note: The BDI (Baltic...
January 30th, 2019 | Chartering, Comment, Dry Bulkcarriers, Insight, Markets, Obituaries, Reports, Sanctions, Seizures, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
30-Jan-2019 ALL US GULF PORTS OPEN Gulf ports, United States YACHT RACES BETWEEN HONG KONG AND MACAU Hong Kong All US Gulf ports open Wednesday, January 30, 2019, Gulf ports, United States All US Gulf ports are open after a suspension in Beaumont/Port Arthur due to winds and one-way traffic in Corpus...
January 30th, 2019 | Port Conditions, Ports & Terminals, Sailing, Sports, Yachting | Read More