Posts Tagged ‘Venezuela’

American Club circular no. 12/19 – US Sanctions on Venezuela: Risks for non-US persons concerning transactions with PDVSA

American Club circular no. 12/19 – US Sanctions on Venezuela: Risks for non-US persons concerning transactions with PDVSA
Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club AMERICAN CLUB CIRCULAR NO. 12/19 – US SANCTIONS ON VENEZUELA: RISKS FOR NON-US PERSONS CONCERNING TRANSACTIONS WITH PDVSA APRIL 12, 2019   CIRCULAR NO. 12/19   TO MEMBERS OF THE ASSOCIATION   Dear...
April 12th, 2019 | Corruption, Marine Insurance, P and I Clubs, Sanctions | Read More

The BDI@692; Panamaxes save the day

The BDI@692; Panamaxes save the day
John Faraclas The BDI@692; Panamaxes save the day The BDI (Baltic Dry Index) clinched two points  earlier on today thanks to the Panamaxes’ “surge”… Geopolitics remain crucial in all fronts. John Faraclas’ brief daily recap: The Capes’ fall continued; minus 11 points and the BCI now stands...
March 28th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Capes disaster amid …disastrous geopolitics

Capes disaster amid …disastrous geopolitics
John Faraclas Capes disaster amid …disastrous geopolitics The BDI lost another six points earlier on today and at 683 sends out another Mayday… Geopolitics with the BREXIT jargon gets seriously perplexed. John Faraclas’ brief daily recap: The Capes’ BCI lost the 200 points-threshold and now reads...
March 26th, 2019 | Chartering, Dry Bulkcarriers, Insight, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Mark Sobel on the Fed, Steve Hanke on Venezuela, and more

Mark Sobel on the Fed, Steve Hanke on Venezuela, and more
OMFIF update Week 7 2019 11-15 February 2019 Vol.10 Ed.7 COMMENTARY Italy headed for ‘vicious’ debt crisis After a brief recovery, Italy has succumbed to its third recession in a decade. Its government is unlikely to revive flagging investor confidence. Ahead of the European elections, it...
February 16th, 2019 | Banking, Finance, Reports | Read More

The BDI@608: Revival?

The BDI@608: Revival?
John Faraclas For a second day the BDI (Baltic Dry Index) saw a light improvement  since yesterday despite the continue fall of the Capes. Developments in Geopolitics must be watched as they might produce unwanted detrimental situations… John Faraclas’ brief daily recap: These 10 points today was...
February 13th, 2019 | Anniversaries, Art and auctions, Chartering, Containers, Dry Bulkcarriers, Emissions, Environment, Holidays, Markets, News, People and Places, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

Venezuela’s death spiral, Germany and the UK after Brexit

Venezuela’s death spiral, Germany and the UK after Brexit
Nicolás Maduro Commentary: Venezuela’s death spiral By Steve Hanke in Baltimore Under President Nicolás Maduro, Venezuela has fallen ever further into an economic death spiral. Evidence of this comes from Venezuela’s inflation rate, which is running at 139,839% per year. At the same time...
February 12th, 2019 | Banking, Comment, Country Profiles, Finance | Read More

Venezuela joins WISTA International

Venezuela joins WISTA International
l to r: Jeanne M. Grasso, Débora Valera, Despina Panayiotou Theodosiou The Women’s International Shipping & Trading Association (WISTA) continues its expansion in South America, welcoming WISTA Venezuela. WISTA Venezuela joins WISTA Argentina, WISTA Brazil, WISTA Peru, and WISTA Uruguay in...
July 31st, 2018 | Charity, Clubs, People and Places, WISTA - Women in Shipping | Read More

BDI surges amid enigmatic Geopolitics

BDI surges amid enigmatic Geopolitics
John Faraclas The BDI (Baltic Dry Index) ended up at 1,138 points – plus 46 since yesterday and over one hundred since last Friday the 4th of August – to be precise it gained 106 points (from 1,032); The Geopolitics remain more than enigmatic and caution is advised… John Faraclas daily and weekly...
August 11th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The Pros and Cons of the BDI@1,092 amid Geopolitical uncertainty

The Pros and Cons of the BDI@1,092 amid Geopolitical uncertainty
John Faraclas The BDI (Baltic Dry Index) – thanks to the Capers and partly to the Panamaxes, managed to gain 42 points and now reads 1,092… The Geopolitical uncertainty which seems a bit extended, as well as alarming, due to the North Korean palaver, might produce a bit of everything…and affect...
August 10th, 2017 | Bribery and Corruption, Chartering, Containers, Dry Bulkcarriers, Liner Shipping and Trade, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Capers …“save” the BDI; Geopolitics in turmoil…

Capers …“save” the BDI; Geopolitics in turmoil…
John Faraclas As Capers remained …”afloat” with 86 plus points, bringing the BCI up at 1,225 points; so does the BDI@946 – up 13 – for luck… per Agatha Cristies’ novel. The geopolitics are anytime now going to produce, as we have foreseen, a total mess. John Faraclas’ daily recap: The...
July 31st, 2017 | Military, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Capt. Antonio M. Padrón participates in the 1st Iberoamerican Offshore Congress

Capt. Antonio M. Padrón participates in the 1st Iberoamerican Offshore Congress
Capt. Antonio M. Padrón delivering his paper Capt. Antonio M. Padrón, IMO Maritime Ambassador and Maritime Authority of Tenerife, participated in the “1st Iberoamerican Offshore Congress” held in Venezuela The Congress was organized by the CONSORCIO COSTA AFUERA, under the slogan “Towards...
May 6th, 2017 | Academia, Energy, Events, Conferences,Forums and Symposiums, Gas, HR, Maritime Education and Training, Oil Industry, Oil Platforms and Rigs, Shiprepair | Read More

Hot Port News from GAC

Hot Port News from GAC
  30-Sep-2016 FIRST SHIP TO BUNKER LNG AT PORT Gothenburg, Sweden MATTHEW STRENGTHENS TO MAJOR HURRICANE OVER CARIBBEAN SEA Colombia/Venezuela/Aruba First ship to bunker LNG at port Friday, September 30, 2016, Gothenburg, Sweden A green milestone is reached in the Port of Gothenburg....
September 30th, 2016 | Bunkering, Earthquakes, Tsunamis, Cyclones and Typhoons, LNG, Port Conditions, Ports & Terminals, Technical, Technology, Weather | Read More

BDI “rebounds” back @600 flat…

BDI “rebounds” back @600 flat…
John Faraclas “Beating” Friday 13th’s superstition, the BDI was up 21 points; John Faraclas assesses the Markets and Geopolitics affecting same in one of the most crucial periods for the entire seaborne-trade… Despite this “rebound” the BDI was down 31 points since last week’s 631 points...
May 13th, 2016 | Energy, European Union, Immigration, Markets, Military, News, Organisations, Politics and Government, Shipping Indices, Stock Markets | Read More

Venezuela picks Falcon for one of earth’s largest dams

Venezuela picks Falcon for one of earth’s largest dams
Guri Dam, Venezuela. At over 4, 000 square kilometres, it is one of the largest reservoirs on Earth The Venezuelan Government has chosen a Saab Seaeye Falcon ROV fitted with a special survey system for inspection of its vast Guri Dam and associated turbines. Built in the 1960s and one of the largest...
August 19th, 2015 | Construction, Energy, Health and Safety, Marine Equipment Products and Services, Safety and Security, Technical, Technology | Read More

Clyde & Co Update: New US Sanctions Against Venezuela

Clyde & Co Update: New US Sanctions Against Venezuela
On March 9, 2015, President Obama issued an Executive Order imposing new sanctions against individuals and entities involved in certain activities in Venezuela. This Executive Order follows the enactment in December 2014 of the Venezuela Defense of Human Rights and Civil Society Act (the Venezuela Sanctions),...
March 11th, 2015 | Associations, Organisations, Sanctions | Read More

Hot Port News from GAC

Hot Port News from GAC
Notices of Arrival and Departure: 90-day notice February 27, 2015, United States, all ports On 26 May 2015, an updated NOAD [Notices of Arrival and Departure] schema, versioned 3.5, will be released which will reflect recently released changes to 33 CFR 160 and improvements to vessel/crew longshoreman...
February 27th, 2015 | Aviation, Port Conditions, Ports & Terminals, Yachting | Read More

Hot Port News from GAC

Hot Port News from GAC
Trimming of underwater high spots November 06, 2014, Hong Kong, Hong Kong For approximately three months, trimming operations for underwater high spots will be carried out [south of Shek Kwu Chau] in the area bounded by straight lines joining the following co-ordinates (WGS 84 Datum) from (A) to (F):- (A)...
November 6th, 2014 | Health and Safety, Port Conditions, Ports & Terminals | Read More

The Oil saga et al: History does not always repeat itself…

The Oil saga et al: History does not always repeat itself…
Dr. George Kiourktsoglou History does not always repeat itself… even as a farce…! by Dr. George Kiourktsoglou The umbilical cord that connects the notoriously inelastic global crude oil markets to  geopolitics is beyond any reasonable doubt. All-out wars, ‘colour revolutions’, insurgencies,...
October 27th, 2014 | Energy, Gas, Insight, LNG, LPG, Oil Industry, Oil Platforms and Rigs, Reports, Tankers | Read More

PDVSA orders ten ASD tugs with Damen Shipyards Group

PDVSA orders ten ASD tugs with Damen Shipyards Group
Damen to deliver ASD Tugs 2810 to Petroleos de Venezuela SA Signalling a major commitment to tug fleet renewal, Petroleos de Venezuela SA (PDVSA) has placed a 10-vessel order with Damen Shipyards Group, as part of the state-owned operator’s strategic shift from chartered in to owned tonnage.The new...
June 13th, 2014 | Marine Equipment Products and Services, Shipbuilding and Shipyards | Read More

Civil aviation leaders reach out to Cuban workers

Civil aviation leaders reach out to Cuban workers
9 May 2014 – A team of ITF civil aviation representatives built stronger ties with Cuban workers as part of a solidarity mission to the country between 27 April and 2 May. The group included aviation worker representatives from Argentina, Mexico, Panama, Brazil, Spain and Venezuela. ITF civil...
May 9th, 2014 | Aviation, ITF, Labour Disputes | Read More

Hot Port News from GAC

Hot Port News from GAC
Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * United States, Delaware River – Pyrotechnic exercise * Hong Kong, Hong Kong – Repairs to private pier * Chile, Iquique – Terminal operative one week after quake * Venezuela, all ports – New...
April 9th, 2014 | Inland Waterways, Port Conditions, Ports & Terminals | Read More

Hot Port News from GAC

Hot Port News from GAC
Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * Australia, all ports – Potential cyclone approaching Queensland coast * Turkey, Turkish Straits – Fire on bunker barge * Ukraine, Kerch – Heavy fog closes Kerch Strait * Venezuela, all ports –...
March 6th, 2014 | Bunkering, Canals, Port Conditions, Ports & Terminals, Weather | Read More

ITF condemns attacks on transport workers in Venezuela

ITF condemns attacks on transport workers in Venezuela
The ITF HQ’s in London 4 March 2014 – The ITF (International Transport Workers’ Federation) has condemned continuing attacks on transport workers in Venezuela. The attacks have reached their height during recent anti-government demonstrations. ITF Americas regional secretary, Antonio Rodríguez...
March 4th, 2014 | ITF, Labour Disputes | Read More

The World is on fire and uncertainty the name of the game

The World is on fire and uncertainty the name of the game
John Faraclas The Allaboutshipping.co.uk’s eighth overview of the Shipping Markets and the World’s various situations  for 2014 with John Faraclas: The BDI still down 969 points from the 2, 227 – the last closing of 2013, which is nearly 43, 5 centum down; the percentage speaks of itself in...
February 28th, 2014 | Breaking News, Canals, Politics and Government, Ports & Terminals, WISTA - Women in Shipping | Read More

Hot Port News from GAC

Hot Port News from GAC
Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * United States, Mississippi River, Louisiana – Oil spill update (24 February) * United States, Mississippi River, Louisiana – River closed to navigation due to limited visibility * United States, Houston,...
February 24th, 2014 | Bunkering, Inland Waterways, Oil Spill, Pollution, Port Conditions, Ports & Terminals, Regulatory, Weather | Read More