Performance Shipping Inc., announces delivery of its fifth Aframax tanker, m/t P. Yanbu ATHENS, GREECE, December 15, 2020 – Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company…
Red Alert with the BDI@1,124; Geopolitics still perplexed and Coronavirus will turn things upside down… The BDI (Baltic Dry Index) lost 17 points since yesterday. The Geopolitical situation smells fire……
VesselsValue partners with Concirrus to provide clients with improved underwriting capabilities. VesselsValue, an online valuation and data provider announces a new data partnership with leading InsurTech, Concirrus. This partnership will…
Samskip renews Amsterdam-Hull for UK trade requirements Multimodal transport operator Samskip is responding to recovering North Continent-UK unitised traffic by reintroducing direct links between Amsterdam and Hull, in a service…
M/S Viking Glory to improve cargo links – expanded service between Finland and Sweden Cargo capacity on Finnish sea routes will increase significantly when M/S Viking Glory enters service in…
Freight forwarding sector welcomes government support for key short sea trade routes In response to today’s news that the government has signed agreements with six operators to provide up to…
European short-sea and feeder lines challenge legality of Dockers’ Clause extension 30 December 2019: European short-sea and feeder ship operators are challenging efforts by the International Transport Workers’ Federation (ITF)…
The BDI@1,082; Supras “spoil” the broth… The BDI (Baltic Dry Index) ended up 16 points earlier on today following the long weekend due to the spring Holiday as well as…
Participation of Studio Navale at the Shortsea Shipping Days 2019 Athens, Yacht Club (NOE), on Thursday 13 June 2019 Studio Navale participates at the Shortsea Shipping Days 2019, one of…
The BDI@637: buoyancy a must! The BDI (Baltic Dry Index) remains in low levels “thanks” to the Capes’ continuous fall… Geopolitics still the stumbling block to see the Global economy…
Samskip takes the lead in ambitious initiative to develop autonomous, zero-emissions container ships that also compete on cost Europe’s largest multimodal operator has been named lead partner in ‘Seashuttle’, a…
The BDI (Baltic Dry Index) gained 11 points earlier on today and now stands at 1,396 – about to go, hopefully, over and above the 1,400 threshold and give some…
The BDI (Baltic Dry Index) despite a short lived “rebound” fell six points since last Friday and now reads 1,203. The Wets due to the Geopolitical and Natural disaster events…
The Container Shipping Industry Gathers to Forecast for 2018 After a period of significant change, the container shipping industry is now moving towards a state of stability and growth. Although…
The BDI (Baltic Dry Index) gained 14 points earlier on today and now stands at 884. The Wets still low and Geops (Geopolitics) unpredictably predictable…lead to an all-out war! John…
The BDI (Baltic Dry Index) was down three points earlier on today standing at 818 points; contained losses due to the 13 plus points of the Capers – could it…
Despite losing 27 points the BDI maintained its weekly plus modus; Geopolitics and reality will soon create havoc. John Faraclas brief weekly report: The BDI (Baltic Dry Index) lost 27…
Greek Controlled Shipping An information paper, based on data provided to the GSCC by IHS Markit For the 30th consecutive year the GSCC presents statistical data, in the form of…
Scotline are pleased to announce the purchase of Scot Leader, IMO 9404235 (formally MV Odertal). Scot Leader was built in August 2007 in Bodewes Shipyard Holland and is ice classed;…
The BDI (Baltic Dry Index) remained the same since yesterday at 636 points, but lost 20 points since last Friday’s 656 points. Geopolitics are freezing the peace process and becoming…
Approaching summer indeed has its blues particularly as it happens with the shipping markets; John Faraclas’ daily briefing…: With minus four points the Baltic Dry Index (BDI) stood at 601…
Five years ago, ship brokers were introduced to a scary new phrase, which was to forever disrupt the cozy and somewhat Delphic world of desktop ship valuations. That phrase was…
Amidst the economic and geopolitical turmoil one should not lose the appetite for gains; John Faraclas explains: With plus four points, the BDI at 322 is more than an attractive…
During a high level meeting organised by the Dutch Presidency of the Council yesterday in Amsterdam, ECSA presented its new brochure on the merits of short sea shipping. The intention…
Another 12 points down, another all times low record… making the BDI’s history more than interesting! The John Faraclas daily market commentary: The Capes minus 19 points at 216 approaching…