Recent

The BDI@1,777 still buoyant with a record

The BDI@1,777 still buoyant with a record
John Faraclas The BDI@1,777 still buoyant with a record The BDI Baltic Dry Index gained half of what achieved yesterday – the 34 points plus and now with the 18 points clinched today stands at 1,777… Geopolitics… err the world is on fire; John Faraclas early recap news: The Capes gained only 18...
July 10th, 2019 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Sanctions, Shipping Indices, Statistics, Stock Markets, Tankers, Tenders | Read More

HFW Insurance Bulletin: July 2019 Edition 1

HFW Insurance Bulletin: July 2019 Edition 1
Costas FrangeskidesPartnerHolman Fenwick Willan LLP HFW Insurance Bulletin: July 2019 Edition 1  In this issue: In this issue: Court cases and arbitration; Market Developments 1. Court cases and arbitration England & Wales: Woodward v Phoenix: all’s fair in love and war? The Court of Appeal...
July 10th, 2019 | Insight, Insurance and Reinsurance, Legal, Marine Insurance | Read More

Fugro succeeds with new seep survey license sales offshore Newfoundland

Fugro succeeds with new seep survey license sales offshore Newfoundland
High-resolution bathymetric map, viewed in Fledermaus, of the Orphan and Carson Basins, offshore Newfoundland; lease blocks are outlined in yellow. The Fugro Searcher acquired the data with its hull-mounted, Kongsberg EM302 MBES system. Fugro succeeds with new seep survey license sales offshore Newfoundland Fugro...
July 10th, 2019 | Energy | Read More

BMT signs new 43m contract for Kitsap Fast Ferry service

BMT signs new 43m contract for Kitsap Fast Ferry service
An artist’s impression of the ferry BMT signs new 43m contract for Kitsap Fast Ferry service Leading engineering design consultancy BMT announces new 43m High-Speed, Fast Ferry contract (U.K., SOUTHAMPTON at 1300 BST)  –  BMT has announced the signing of a contract for two new 43 metre...
July 10th, 2019 | Ro-Ro and Passenger Ferries, Shipbuilding and Shipyards, Technical, Technology | Read More

IMCA and ADCI working together to benefit offshore commercial diving

IMCA and ADCI working together to benefit offshore commercial diving
Phillip Newsum IMCA and ADCI working together to benefit offshore commercial diving The International Marine Contractors Association (IMCA) and the Association of Diving Contractors International (ADCI), the two major trade associations in the commercial diving industry, have signed a Memorandum of Understanding...
July 10th, 2019 | Associations, Energy, Maritime Education and Training | Read More

Portugal Transport Day, Brussels 8 October 2019 (Portugal Transport Day, Brussels 8 October 2019)

Portugal Transport Day, Brussels 8 October 2019 (Portugal Transport Day, Brussels 8 October 2019)
Portugal Transport Day, Brussels 8 October 2019 (Portugal Transport Day, Brussels 8 October 2019) Portugal Transport Infoday  Date: October 8 (10: 00-13: 00) Location: Brussels (Auditorium to be confirmed) Do not miss out and sign up now! The National Innovation Agency (NIA) andMagellan –...
July 10th, 2019 | Events, Conferences,Forums and Symposiums | Read More

Stella Maris volunteer wins Youth Award

Stella Maris volunteer wins Youth Award
Hannah and the Cardinal Stella Maris volunteer wins Youth Award A 24-year-old seafarers’ charity volunteer has won an award celebrating the contribution of young people to social action. Hannah Forrest who lives in Plymouth, was presented the Pope Francis Award by Cardinal Vincent Nichols, head of...
July 10th, 2019 | Awards, Charity | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, 10 July, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, 10 July, 2019)
. Daily Overview of Global Markets & the SEE Region (Wednesday, 10 July, 2019) HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:  All eyes today are on the Fed Chairman who will deliver his semi-annual testimony before the House Financial Services Committee at 16:00 CET,  as...
July 10th, 2019 | Banking, Finance, Markets, Reports, Statistics, Stock Markets, Trade and Commerce | Read More

Conference agenda announced for ARACON 2019

Conference agenda announced for ARACON 2019
. Conference agenda announced for ARACON 2019 THE NEW NORMAL? BUNKERING AFTER 2020 – THE COMMERCIAL, OPERATIONAL AND TECHNOLOGY DISRUPTORS ARACON will be one of the last major platforms before IMO 2020 for industry players to have their say on how the global 0.50% sulphur regulation will impact...
July 10th, 2019 | Associations, Bunkering, Events, Conferences,Forums and Symposiums | Read More

RMT on “shameful” news that Grayling blew £85 million on Brexit ferry shambles

RMT on “shameful” news that Grayling blew £85 million on Brexit ferry shambles
Mick CashXIT RMT on “shameful” news that Grayling blew £85 million on Brexit ferry shambles   MARITIME UNION RMT repeats demand this morning for Grayling’s resignation as Public Accounts Committee reveals he blew £85 million on the Brexit ferries shambles. General Secretary Mick...
July 10th, 2019 | Associations, Labour Disputes, Rail, Ro-Ro and Passenger Ferries, Trade and Commerce | Read More

Testing the potential of additive manufacturing

Testing the potential of additive manufacturing
. Testing the potential of additive manufacturing by Ramesh Babu Govindaraj, Principal Material Specialist When Wärtsilä Marine Solutions took the decision to utilize additive manufacturing (AM) to create a vital component for an inert gas system, initial production prototypes displayed an unexpected...
July 10th, 2019 | Classification Societies, Marine Equipment Products and Services, News, Technical, Technology | Read More

ECB deal ‘unbalanced’ for Germany, Roundtable with Bernard Jenkin MP

ECB deal ‘unbalanced’ for Germany, Roundtable with Bernard Jenkin MP
. ECB deal ‘unbalanced’ for Germany, Roundtable with Bernard Jenkin MP Commentary: ECB deal ‘unbalanced’ for Germany By David Marsh in London In the drawn-out annals of Franco-German wrangles over economic and monetary union, last week’s deal over top European posts, including...
July 10th, 2019 | Banking, Comment, Country Profiles, Finance, Markets, News | Read More

Market Volatility continues amid Global uncertainty

Market Volatility continues amid Global uncertainty
John Faraclas Market Volatility continues amid Global uncertainty The BDI (Baltic Dry Index) was up 34 points earlier on today at 1,759. Geopolitical uncertainty the name of the game… John Faraclas brief daily recap: It was only yesterday that we witnessed the first hiccup following over weeks  of...
July 9th, 2019 | Chartering, Dry Bulkcarriers, Environment, Inland Waterways, Marinas, Marine Equipment Products and Services, Maritime Tourism, Markets, Military, News, Politics and Government, Pollution, Ports & Terminals, Reports, Sailing, Shipping Indices, Sports, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce, Yachting | Read More

Hot Port News from GAC

Hot Port News from GAC
Hot Port News from GAC 09-Jul-2019 SIGNIFICANT TROPICAL DISTURBANCE Gulf of Mexico, United States Significant Tropical Disturbance Tuesday, July 9, 2019, Gulf of Mexico, United States Weak low pressure over central Georgia this afternoon will settle southwest into the northeastern Gulf of Mexico during...
July 9th, 2019 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

Renaissance Services Bounce Back to Fécamp Stadium Victory

Renaissance Services Bounce Back to Fécamp Stadium Victory
.. Renaissance Services Bounce Back to Fécamp Stadium Victory Stevie Morrison and the Oman Sail crew of Renaissance Services became the first team on the 2019 Tour Voile to win two Finals when they took every chance they could and triumphed in the Act 2 Fécamp Stadium Final. Their hard earned second...
July 9th, 2019 | Sailing, Sports | Read More

Sergey Frank awarded with first-class Stolypin Medal

Sergey Frank awarded with first-class Stolypin Medal
Sergey Frank Sergey Frank awarded with first-class Stolypin Medal Sergey Frank, President & CEO of Sovcomflot, has been awarded the first-class Pyotr Stolypin Medal. The corresponding order was signed by the Russian Prime Minister Dmitry Medvedev on 4 July 2019 on the eve of the Day of Russian Sea...
July 9th, 2019 | Awards, Events, News | Read More

SCF celebrates the Day of Russian Sea and River Fleet Workers

SCF celebrates the Day of Russian Sea and River Fleet Workers
Sergey Frank at the centre flanked by the company’s senior fleet officers SCF celebrates the Day of Russian Sea and River Fleet Workers On the eve of Russia’s Day of Marine and River Fleet Workers, celebrated on the first Sunday of July, Sovcomflot held a traditional meeting of the company’s...
July 9th, 2019 | Events, HR, Manning - Seafarers and Offshore, People and Places | Read More

SCF marks the first year of operating LNG-fuelled oil tankers

SCF marks the first year of operating LNG-fuelled oil tankers
Igor Tonkovidov SCF marks the first year of operating LNG-fuelled oil tankers Since taking delivery of the first of its ‘Green Funnel’ LNG-fuelled Aframax crude oil tankers a year ago, in July 2018, PAO Sovcomflot (SCF Group) has accumulated data showing that using LNG as a primary fuel for...
July 9th, 2019 | Anniversaries, Bunkering, LNG, Tankers | Read More

TT Talk – Focus on freight crime

TT Talk – Focus on freight crime
TT Talk – Focus on freight crime 9 JULY 2019 Focus on freight crime Aspirationally containerisation would reduce the likelihood of cargo being stolen in transit. Of course, the reality is that crime has merely become more sophisticated and for organised crime the rewards are too substantial to be...
July 9th, 2019 | Communication, P and I Clubs | Read More

“K”Line Selected for Leading Global ESG Indices, including FTSE4Good Index Series and FTSE Blossom Japan Index

“K”Line Selected for Leading Global ESG Indices, including FTSE4Good Index Series and FTSE Blossom Japan Index
.. “K”Line Selected for Leading Global ESG Indices, including FTSE4Good Index Series and FTSE Blossom Japan Index Kawasaki Kisen Kaisha, Ltd. (“K” Line) has been selected again as a constituent of the “FTSE4Good Index Series”, one of the leading global indices for ESG investing (*), for the...
July 9th, 2019 | Awards, Company Profiles, Consumers Market | Read More

ibj e-newsletter 09 July 2019

ibj e-newsletter 09 July 2019
      IBJ e-newsletter 09 July 2019 Welcome to the IBJ e-Newsletter The IBJ e-newsletter is aimed specifically at the dry bulk cargo handling and shipping industry. It delivers regularly updated news on the bulk industry worldwide. The newsletter includes the latest developments in bulk...
July 9th, 2019 | Communication, Marine Equipment Products and Services, Press and Media | Read More

Market expectations test Fed mettle, Living in a world on fire

Market expectations test Fed mettle, Living in a world on fire
Jerome Powell Market expectations test Fed mettle, Living in a world on fire Commentary: Market expectations test Fed mettle By Darrell Delamaide in Washington All eyes will be on Federal Reserve Chair Jerome Powell when he goes to Capitol Hill this week for his twice-yearly testimony before Congress....
July 9th, 2019 | Banking, Finance, Markets, News | Read More

FCR Batteries Obtain ClassNK Acceptance

FCR Batteries Obtain ClassNK Acceptance
FCR Batteries Obtain ClassNK Acceptance New battery series now available for wide variety of applications including standby & emergency power. Fukuoka, Japan – 9th July 2019 – Eco Marine Power (EMP) in cooperation with the Furukawa Battery Company of Japan (Furukawa Battery) are pleased to announce...
July 9th, 2019 | Classification Societies, Marine Equipment Products and Services | Read More

Wärtsilä achieves new marine benchmark with hybrid solution for bulk carriers

Wärtsilä achieves new marine benchmark with hybrid solution for bulk carriers
The new innovative hybrid solution to be installed on the M/V ‘Paolo Topic’ is another industry first from Wärtsilä. Wärtsilä achieves new marine benchmark with hybrid solution for bulk carriers Wärtsilä Corporation, 09 July 7:30 am EEST – The technology group Wärtsilä has achieved...
July 9th, 2019 | Energy, Environment, Marine Equipment Products and Services | Read More

Volatile Capes do it again

Volatile Capes do it again
John Faraclas Volatile Capes do it again The volatile Capes fell 86 points earlier on today bringing the BDI (Baltic Dry Index) down to 1,725 points – down 15. Mitsotakis sworn in as Greece’s PM following a landslide victory. John Faraclas’ daily market brief: The Capes’ BCI was down 86 points...
July 8th, 2019 | Chartering, Dry Bulkcarriers, Markets, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More