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Naval Dome and LR team up to develop cyber security standards for ships

Naval Dome and LR team up to develop cyber security standards for ships
Cyber attackers can shift a vessel’s reported position, mislead the radar display, turn on and disable machinery, and override the fuel control, steering and ballast systems Naval Dome and Lloyd’s Register team up to develop cyber security standards for ships Israel-based cyber security specialist...
November 9th, 2017 | Piracy and Terrorism, Safety and Security | Read More

DNV GL line optimization brings ten per cent fuel savings for Hapag-Lloyd Cruises’ new expedition cruise vessels

DNV GL line optimization brings ten per cent fuel savings for Hapag-Lloyd Cruises’ new expedition cruise vessels
Pressure distribution on the optimized hull Hamburg, 9 November 2017: Design changes made as a result of working with DNV GL has resulted in projected annual fuel savings of more than ten per cent for the new Hapag-Lloyd Cruises passenger expedition ships. The two vessels, HANSEATIC nature and HANSEATIC...
November 9th, 2017 | Bunkering, Classification Societies, Cruise Industry, Marine Equipment Products and Services, Markets | Read More

Ekol France development

Ekol France development
… Ekol France has opened two new branches. With the constant growth of the company in France since August 2016 and the strategic position in Ekol’s development, the two new branches will cover most of the activities in the logistical environment. “One branch is in Paris where we will mostly...
November 9th, 2017 | Logistics, Trade and Commerce | Read More

Wärtsilä modernising vessel for the Canadian Coast Guard to provide reliability in demanding conditions

Wärtsilä modernising vessel for the Canadian Coast Guard to provide reliability in demanding conditions
The Canadian Coast Guard’s vessel Ann Harvey will be equipped with new propulsion generators, which will contribute to the vessel’s reliability for many years to come. Wärtsilä Corporation, 9 September 2017 at 10 am EET – The technology group Wärtsilä will support the 1100 Class High Endurance...
November 9th, 2017 | Marine Equipment Products and Services, Military, News, Ship Conversions, Technical, Technology | Read More

UOB the first bank in Asia off the starting block with Fitbit PayTM

UOB the first bank in Asia off the starting block with Fitbit PayTM
UOB – Ms Choo Wan Sim Singapore, 9 November 2017 – United Overseas Bank’s (UOB) cardmembers will be the first in Asia to be able to make Fitbit PayTM contactless payments through the new Fitbit IonicTM smartwatch. UOB’s latest innovation in payments is set for the lifestyles and payment...
November 9th, 2017 | Banking, Clubs, Consumers Market, Health and Safety, News | Read More

All indices fell except the BCI…

All indices fell except the BCI…
John Faraclas The BDI (Baltic Dry Index) was for a second day slightly up thanks to the as ever volatile Capers; Geopolitics continue to be sour… John Faraclas’ midweek brief recap: The BDI ended the day at 1,486 points – nine more since yesterday… The Capers’ BCI gained 158 points driving...
November 8th, 2017 | Chartering, Containers, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Exhibitions, Markets, News, Reports, Shipping Indices, Statistics, Tankers, Tourism | Read More

Hot Port News from GAC

Hot Port News from GAC
  08-Nov-2017 AROUND THE ISLAND YACHT RACE Hong Kong PORT EXEMPT FROM CLOSURE Aden, Yemen Around the Island Yacht Race Wednesday, November 8, 2017, Hong Kong A large-scale yacht race will take place around Hong Kong Island on 12 November 2017 (Sunday). About 250 yachts are...
November 8th, 2017 | Port Conditions, Sailing, Sports, Yachting | Read More

MB92 takes 75% stake in Compositeworks

MB92 takes 75% stake in Compositeworks
… La Ciotat, 8 November 2017 – Marina Barcelona 92 (MB92) and Compositeworks (CW) announced today that MB92 has taken a 75 per cent stake in Compositeworks. The remaining 25% will stay in the hands of current shareholders. Compositeworks will continue under the current management of Benjamin...
November 8th, 2017 | Marinas, Mergers and Acquisitions, Shipbuilding and Shipyards, Technical, Technology, Yachting | Read More

Banks explore challenges Decarbonisation poses to Ship Finance

Banks explore challenges Decarbonisation poses to Ship Finance
Maurice John Meehan “Many global financial institutions have committed to bringing their portfolios in line with the transition to a low-carbon economy. To fully achieve this, they must address the climate risks to hundreds of billions of dollars in shipping investments that will emerge as soon as...
November 8th, 2017 | Emissions, Environment, Shipfinance | Read More

Survitec Group to promote a wide range of safety solutions at Marintec China 2017

Survitec Group to promote a wide range of safety solutions at Marintec China 2017
For fire suppression systems concept Safety solutions provider Survitec is continuing to show its commitment to the Asia-Pacific region by displaying its latest range of safety and survival solutions at Marintec China 2017, between the 5th and 8th of December. The exhibition takes place at the Shanghai...
November 8th, 2017 | Events, Conferences,Forums and Symposiums, Exhibitions | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 08, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 08, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Reflecting Asian bourses’ positive tone, the majority of European equity markets were modestly higher in early trade on Wednesday supported...
November 8th, 2017 | Banking, Company Profiles, Finance, Markets, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

HFW Briefing – MOSCOW STARS: Sale of a cargo under a Charterparty lien

HFW Briefing – MOSCOW STARS: Sale of a cargo under a Charterparty lien
  Louise Lazarou, Associate HFW The Court in Dainford Navigation Inc v PDVSA Petroleo SA1 considered an application pursuant to section 44 of the Arbitration Act 1996 (the Act) for the sale of a crude oil cargo onboard the “MOSCOW STARS” that was the subject of a charterparty lien exercised...
November 8th, 2017 | Arbiitration, Chartering, Disputes, Legal | Read More

Bureau Veritas to class CMA CGM’s LNG fuelled ultra-large containerships

Bureau Veritas to class CMA CGM’s LNG fuelled ultra-large containerships
Philippe Donche-Gay, President, Bureau Veritas, Marine & Offshore The 22,000 TEU ships will be built under BV Classification Bureau Veritas has provided significant support with feasibility studies to provide project confidence Award to Bureau Veritas further underlines leadership in gas fuelled...
November 8th, 2017 | Awards, Bunkering, Classification Societies, News, Shipmanagement | Read More

GEODIS extends its U.S. partnership with Danone Waters of America

GEODIS extends its U.S. partnership with Danone Waters of America
… Capitalizing on a successful partnership established since 2014, GEODIS manages, since July 1st, 2017 a new warehouse in Los Angeles, California (USA), for Danone Waters of America, a subsidiary of Danone specializing in the distribution of bottled water. A new five-year contract covers logistics...
November 8th, 2017 | Food and Drink, Health and Safety, HR | Read More

Winners of the H.E.R.O. Awards announced

Winners of the H.E.R.O. Awards announced
The winners on stage The International Maritime Rescue Federation has announced  the international winners of its second IMRF H.E.R.O Awards, 2017 The International Maritime Rescue Federation (IMRF) H.E.R.O. Awards 2017 have been presented to a selection of exceptional individuals and organisations,...
November 8th, 2017 | Awards, Events, HR | Read More

Listing of Crayon Group Holding ASA at Oslo Børs

Listing of Crayon Group Holding ASA at Oslo Børs
Applied date: 27/10/2017 Accepted date: 31/10/2017 Listing date: 08/11/2017 Ticker: CRAYON   Crayon Group Holding ASA is a leading IT advisory firm in software and digital transformation services. Crayon optimizes its clients’ ROI from complex software technology investments...
November 8th, 2017 | Markets, Statistics, Stock Markets | Read More

Europort 2017 invigorates future thinking

Europort 2017 invigorates future thinking
A view from the exhibition hall Leading maritime exhibition Europort yesterday opened its doors to welcome international visitors to the 38th edition, once again confirming Rotterdam’s position at the heart of the global maritime industry. This year the exhibition has set its focus on three core themes;...
November 8th, 2017 | Conferences, Seminars, Forums, Exhibitions, IT and Communications, Marine Equipment Products and Services, People and Places, Ports & Terminals, Ship Conversions, Ship Supplies, Shipbuilding and Shipyards, Shipmanagement, Shiprepair, Technical, Technology | Read More

The BDI@1,477 – a bit of …“breathing” space amid global uncertainty

The BDI@1,477 – a bit of …“breathing” space amid global uncertainty
John Faraclas The BDI (Baltic Dry Index)  finally gained four points and this breathing space might, repeat, might prove vital… but still we are far away from the 2,247 points of  of 31 Dec 2017, still a 770 points gap. Geopolitics might get sour as beyond the “usual” war between blocks and alliances...
November 7th, 2017 | Books, Chartering, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Exhibitions, Markets, Military, Oil Industry, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce | Read More

Mexico City’s tourist sector flourishes amid quick recovery from quake disaster

Mexico City’s tourist sector flourishes amid quick recovery from quake disaster
Centro Citibanamex. Mexico City’s tourist sector flourishes amid quick recovery from quake disaster By James Brewer After two big earthquakes, Mexico City’s ground transport, airport, restaurants and other infrastructure is back to business as usual, the World Travel Market 2017 in London was told. Mauricio...
November 7th, 2017 | Conferences, Seminars, Forums, Events, Exhibitions, Tourism | Read More

Hot Port News from GAC

Hot Port News from GAC
  07-Nov-2017 SHIPS ORDERED TO SAFE AREA Yemen DREDGING WORKS AT ALGAS ANCHORAGE Singapore TESTING OF UNDERWATER VEHICLE (AUV) EAST OF ST JOHN’S ISLAND Singapore Ships ordered to safe area Tuesday, November 7, 2017, Yemen According to local reports, ships awaiting berth...
November 7th, 2017 | Port Conditions, Ports & Terminals | Read More

A Lloyd’s briefing and Marine Hull Market discussion

A Lloyd’s briefing and Marine Hull Market discussion
l to r: Manos Lorentzos ( Seascope Hellas S.A.), Maria Kouliga- Pavlou (Trinity Marine Services Ltd), John Myrianthopoulos (European Link S.A.), Phoevos Bartsiokas ( Trireme S.A. International Insurance Brokers) By kind permission of H.E. the British Ambassador, Ms Kate Smith CMG, the Hellenic Committee...
November 7th, 2017 | Events, Marine Insurance | Read More

Wilhelmsen eyes efficiency gains by sharing data on DNV GL’s Veracity platform

Wilhelmsen eyes efficiency gains by sharing data on DNV GL’s Veracity platform
Veracity: Wilhelmsen’s Digital Journey (subtitles) Oslo/Høvik – Wilhelmsen is exploring concrete ways of leveraging their data on DNV GL’s Veracity industry platform. In one of the first data sharing pilot projects on the new open platform, Wilhelmsen is testing a system to share ship...
November 7th, 2017 | Classification Societies, Shipmanagement, Technical, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 07, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 07, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Long-dated US Treasury yields moved lower in European trade on Tuesday amid persistently subdued inflation pressures and market uncertainty...
November 7th, 2017 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

German Environmental Ministry Backs Industry-Led Shipping Decarbonization Summit at UNFCCC COP23

German Environmental Ministry Backs Industry-Led Shipping Decarbonization Summit at UNFCCC COP23
LONDON – NOVEMBER 07, 2017: The German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) has pledged its support for the ‘Ambition 1.5oC: Global Shipping’s Action Plan’ summit which will gather 150-200 invited, influential shipping industry representatives...
November 7th, 2017 | Conferences, Seminars, Forums, Emissions, Environment | Read More

Wärtsilä introduces an innovative pre-swirl stator to improve fuel efficiency

Wärtsilä introduces an innovative pre-swirl stator to improve fuel efficiency
EnergoFlow in combination with an optimised fixed pitch propeller ensures better results. Wärtsilä Corporation,  7 November 2017 at 9 am EET The new Wärtsilä EnergoFlow is an energy saving solution that will return ship operators’ investment in less than two years. By reducing the power losses...
November 7th, 2017 | Marine Equipment Products and Services, Technical, Technology | Read More