Recent

Inmarsat and VT iDirect partner on next generation DVB-S2X technology for Global Xpress

Inmarsat and VT iDirect partner on next generation DVB-S2X technology for Global Xpress
Highest throughput rate recorded over the GX network in first round of over-the-air testing 23 February 2017: Inmarsat, the leading provider of global mobile satellite communication services, has announced a significant advance in the on-going development of its Global Xpress (GX) high-speed, global,...
February 23rd, 2017 | Communication, IT and Communications, News, Technical, Technology | Read More

MacGregor’s new ship-to-ship compensation system widens offshore load transfer windows

MacGregor’s new ship-to-ship compensation system widens offshore load transfer windows
MacGregor, part of Cargotec, has launched a new crane compensation system for offshore ship-to-ship load transfers, offering substantially larger operating windows as well as safer and faster load transfers. “This robustly-tested technology can offer considerable commercial advantages to the offshore...
February 23rd, 2017 | Marine Equipment Products and Services, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, February 23, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, February 23, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The January 31/February 1 FOMC monetary policy minutes released yesterday supported the view that a gradual Fed rate tightening path is likely to be appropriate...
February 23rd, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Dry Bulk Back From the Brink

Dry Bulk Back From the Brink
Bulker Values in the last 12 months have hit rock bottom and are now looking to show considerable promise. 5-year-old handysize values are up by over 40%; as are 15-year-old Panamax and Supramax asset prices. Pre-2002 built Capes are up by around 35% since February 2016. 1 Year % Change in Value Year...
February 23rd, 2017 | Dry Bulkcarriers, Markets, Reports | Read More

GasLog LNG Services Ltd. selects Seagull e-learning solutions

GasLog LNG Services Ltd. selects Seagull e-learning solutions
Pictured in the center-left, Theofanis Sallis, General Manager of Operations of GasLog in Greece, along with Ioannis Athanasopoulos (center-right), Managing Director of Seagull Greece. On the far left, Antonios Liappis, Marine HR Manager of GasLog. On the far right, Archontia Leni, Competency Assurance...
February 23rd, 2017 | HR, IT and Communications, Marine Equipment Products and Services, Maritime Education and Training, Shipmanagement | Read More

Transas and Japan Radio Company announce a global strategic partnership

Transas and Japan Radio Company announce a global strategic partnership
The strategic partnership will drive growth and accelerate innovation. Industry-leading solutions and services capabilities will deliver differentiated customer value. Portsmouth, ENGLAND and Tokyo, JAPAN – 23rd February 2017. Transas, the innovative, digital solutions company, and Japan Radio...
February 23rd, 2017 | IT and Communications, Marine Equipment Products and Services | Read More

On Blank Rome’s Jeremy Herschaft latest appointment

On Blank Rome’s Jeremy Herschaft latest appointment
Jeremy Herschaft of Blank Rome LLP Blank Rome’s Jeremy Herschaft Appointed 2017 Tulane Law School Distinguished Admiralty Practitioner-In-Residence Blank Rome Partner Jeremy Herschaft has been appointed as the 2017 John E. Sims Distinguished Admiralty Practitioner-In-Residence at Tulane Law School,...
February 23rd, 2017 | Academia, Education and Training, HR, Legal, Maritime Education and Training, Person Profiles | Read More

America after the Fall…

America after the Fall…
The Fleet’s In! 1934. By Paul Cadmus. America after the Fall: Painting in the 1930s By James Brewer It is tempting to guess that the motive for the Royal Academy’s new exhibition, America after the Fall, with its Depression-era depictions, is the domestic political and industrial landscape highlighted...
February 22nd, 2017 | Art and auctions, Exhibitions, Paintings and Sculpture | Read More

The BDI@806 just pays the OPEX; Geopolitics turbulent

The BDI@806 just pays the OPEX; Geopolitics turbulent
John Faraclas The BDI (Baltic Dry Index) gained a hefty 28 points surpassing the 800 point mark and now stands at 806 points, …“enough” to pay the OPEX but not a nickel of the Capital and Interest – and if you are heavily indebted, your lenders might call it a day. The Geopolitical environment...
February 22nd, 2017 | Markets, Military, News, Reports, Shipping Indices, Stock Markets, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
22-Feb-2017 IMPLEMENTATION OF WATER CONSERVATION MEASURES Panama Canal, Panama PORT OPS RESUMED AFTER UNEXPLODED BOMB REMOVED Portsmouth, United Kingdom BANKS, AUTHORITIES & ADMINISTRATIONS CLOSE FOR HOLIDAYS Russia PORT OPERATIONS CONTINUING DESPITE FLOODS Jakarta, Indonesia Implementation...
February 22nd, 2017 | Canals, Holidays, Port Conditions, Ports & Terminals | Read More

BIFA welcomes entry into force of the WTO Trade Facilitation Agreement

BIFA welcomes entry into force of the WTO Trade Facilitation Agreement
Robert Keen On behalf of its members, the British International Freight Association (BIFA) has welcomed the entry into force of the WTO Trade Facilitation Agreement. The trade association for UK freight forwarding and logistics companies notes that the ratifications by Chad, Jordan, Oman and Rwanda today...
February 22nd, 2017 | Logistics, Markets, Trade and Commerce | Read More

PEMA calls for cross-industry dialogue to optimise global shipping supply chain

PEMA calls for cross-industry dialogue to optimise global shipping supply chain
Members of the Port Equipment Manufacturers Association (PEMA) called for cross-industry dialogue to optimise the global shipping supply chain during the Association’s annual general meeting, with issues such as container vessel size, shipping alliances and alternatives to sea shipment topping the...
February 22nd, 2017 | Associations, Marine Equipment Products and Services, Ports & Terminals | Read More

Sanya, China awarded 2017 Youth Sailing World Championships

Sanya, China awarded 2017 Youth Sailing World Championships
… World Sailing, the world governing body of the sport, is pleased to announce that Sanya, China will host the 2017 edition of the Youth Sailing World Championships. As the premier event in youth sailing, more than 400 sailors from over 60 nations are expected to compete on the waters off Hainan...
February 22nd, 2017 | Sailing, Sports | Read More

All-Energy to host a marine renewable “Dragon’s den-style’ investment challenge

All-Energy to host a marine renewable “Dragon’s den-style’ investment  challenge
Tim Cornelius, CEO of Atlantis Resources For developers of technology, projects or services getting the right expert advice can make all the difference when it comes to overcoming the ‘valley of death’ between innovation and commercialisation. Thanks to an initiative master-minded by Tim Cornelius,...
February 22nd, 2017 | Alternative Sources of Energy, Energy, News | Read More

Ericsson and Intel launch 5G innovators initiative with Honeywell, GE and the University of California Berkley

Ericsson and Intel launch 5G innovators initiative with Honeywell, GE and the University of California Berkley
… 5G Innovators Initiative (5GI2) brings together leading technology companies, industry leaders and academia to explore, test and innovate with 5G network and distributed edge technology in the U.S. • Unique proof-of-concept approach promises to find new transformative ways for companies and...
February 22nd, 2017 | IT and Communications, Technical, Technology | Read More

ABB’s OCTOPUS marine software to enhance safety and efficiency for new Greenland Heavylift vessels

ABB’s OCTOPUS marine software to enhance safety and efficiency for new Greenland Heavylift vessels
Juha Koskela Dalfsen, Netherlands, February 22, 2017 – ABB’s OCTOPUS marine software will improve the safety and efficiency of four new semi-submersible heavy lift vessels, using weather and loading data to plot the optimal route.   The ships, owned by Greenland Heavylift Holdings, will transport...
February 22nd, 2017 | Energy, IT and Communications, Supply ships, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, February 22, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, February 22, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking their lead from the positive tone in Wall Street overnight, the majority of Asian bourses firmed on Wednesday supported by upbeat euro area data...
February 22nd, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Seven Seas Voyager equipped with Evac’s wastewater treatment systems

Seven Seas Voyager equipped with Evac’s wastewater treatment systems
The Seven Seas Voyager Retrofits are never easy, but getting them right through your selection of partners is critical to keep a vessel profitable. Regent Seven Seas Cruises is a six-star-plus cruise line. Its vessels boast the highest standards for their guests, plus the latest in technology in every...
February 22nd, 2017 | Cruise Industry, Environment, Marine Equipment Products and Services, Pollution, Ship Conversions | Read More

Lloyd’s List 100 “The most influential people in the shipping industry”

Lloyd’s List 100 “The most influential people in the shipping industry”
Congratulations to: Kenneth Hvid, Teekay Corporation Gary Wang, Seaspan Corporation Harry Theochari, Norton Rose Fulbright for making it in Lloyd’s List One Hundred, “the most influential people in the shipping industry”. VIMC congratulates Vancouver headquartered Teekay Corporation and Seaspan...
February 22nd, 2017 | Company Profiles, HR, Person Profiles | Read More

Lisnave reports positive performance from 2016

Lisnave reports positive performance from 2016
Los Angeles Spirit, bought by Teekay Tankers in 2016, at Lisnave. Europe’s biggest shiprepair yard, Lisnave, achieved positive results in 2016 although it was another difficult year for providers of such activity on a global scale. The yard’s directors noted that the sector was strongly affected...
February 21st, 2017 | Company Profiles, News, Reports, Ship Conversions, Shipbuilding and Shipyards, Shiprepair | Read More

Capt. Antonio M. Padrón meets Carleen Lyden-Kluss at IMO’s World Maritime Day

Capt. Antonio M. Padrón meets Carleen Lyden-Kluss at IMO’s World Maritime Day
Capt. Antonio M. Padrón with Ms. Carleen Lyden-Kluss Capt. Antonio M. Padrón, “IMO Maritime Ambassador” for Spain, held a meeting with Ms. Carleen Lyden-Kluss, “IMO Maritime Ambassador” for the United States (USA) during the celebration of World Maritime Day in London (UK) Ms. Carleen...
February 21st, 2017 | Anniversaries, Associations, Communication, HR, Manning - Seafarers and Offshore, Maritime Education and Training | Read More

The BDI@778: not sustainable; Geopolitics’ Tempest ante portas

The BDI@778: not sustainable; Geopolitics’ Tempest ante portas
John Faraclas The BDI (Baltic Dry Index) closed at 778 points earlier on today, that’s 21 points plus since yesterday – coinciding with the date of the month… Geopolitics, as we have long foreseen and advised you,  will take more twists and turns. John Faraclas daily recap: The Capers continued...
February 21st, 2017 | Markets, Reports, Shipping Indices | Read More

Hot Port News from GAC

Hot Port News from GAC
21-Feb-2017 SUBMARINE CABLE REPAIR WORKS AT JUNK BAY Hong Kong Submarine cable repair works at Junk Bay Tuesday, February 21, 2017, Hong Kong For approximately 8 weeks, submarine cable repair works will be carried out in the area bounded by straight lines joining the following...
February 21st, 2017 | Ports & Terminals | Read More

UK subsea tech experts reach semi-finals in global XPRIZE competition…

UK subsea tech experts reach semi-finals in global XPRIZE competition…
Team Tao, the UK semi-finalists in The Shell Ocean Discovery XPRIZE Challenge at their team headquarters within the National Centre for Subsea and Offshore Engineering in Newcastle. From left to right: Nick Ridley, Project Manager & Technical Advisor, Jeff Neasham, Sonar Expert & Developer, Chris...
February 21st, 2017 | Environment, Oceanology, Sports, Underwater Shipping | Read More

Busy and encouraging renewal for London P&I Club

Busy and encouraging renewal for London P&I Club
Ian Gooch Moving into the new P&I policy year, the London P&I Club is in good shape after a busy renewal period. Instances of corporate consolidation and strategic management changes led to the termination of two entries at the renewal. But overall the club saw a high level of support from members,...
February 21st, 2017 | P and I Clubs | Read More