The International Marine Contractors Association (IMCA) has published a ‘Global Specialist Offshore Support Vessel Market Overview’ report highlighting the risks to the U.S. offshore energy industry, should the crewing legislation,…
Politics and Government
FTSE 100 opens higher – led by energy, mining and defence stocks. Brent crude rises to $116 a barrel as worries persist about supply. Russian threat expected to lift demand for military…
France asks people to wear masks again on public transportFrench people should start wearing masks again in crowded areas, especially in public transport, as France has to deal with a…
The BDI (Baltic Dry Index) lost 23 points since yesterday and now stands at 2,331 points; on a weekly basis same was down 147 points – from 2,578… losing the…
by Costas Frangeskides and Olubi Adejobi, Wordley Partnership Solicitors Sanction measures are a means by which a Country or coalition of Countries, for instance NATO, EU or UN, apply restrictive…
Good Morning Monaco Thursday, June 23, 2022 Monaco Economic Board takes the plungeThe Monaco Economic Board’s 41st Members’ Meeting was a huge success on Monday evening with 300 members present……
Piraeus, 22.6.2022 – The Union of Greek Shipowners (UGS) welcomes the proposed revisions of the EU ETS Directive regarding the shipping sector. The introduced improvements in the text of the…
EU nature law could be gamechanger for marine biodiversity, but will be meaningless if fisheries not properly addressed – NGO reaction
Today, the European Commission presented its legislative proposal on nature restoration, a new law with binding targets to restore degraded land and marine ecosystems across the EU. This is a major milestone…
Good Morning Monaco Tuesday, June 21, 2022 Most coronavirus indicators fall but more in hospitalEighteen Monaco residents were being treated for coronavirus symptoms at Princess Grace Hospital on Monday, June…
The BDI (Baltic Dry Index) was up 116 points since yesterday and now stands at 2,578 points. Same was also up 258 points since last Friday the 10th of June…
With an emotional touch, the most successful Posidonia exhibition so far, came to an end, with the organization of YES to Shipping Forum 2022 on Friday 10 June, which was…
Washington, June 16, 2022 – Today the President signed the Ocean Shipping Reform Act into law. The Federal Maritime Commission now has the important task of implementing the law so…
Washington, June 13, 2022 – Following Congressional passage of The Ocean Shipping Reform Act of 2022, S.3580, the World Shipping Council released the following statement: “Today’s vote on The Ocean…
Good Morning Monaco Tuesday, June 14, 2022 All coronavirus indicators show significant increaseMonaco Government figures released on Monday, June 13, show a marked increase in key indicators as coronavirus continues…
Optiwise HORIZON Project launches with the aim to holistically improve design and control of commercial ships with wind propulsion
Wageningen, 13-6-2022 – MARIN, joined by the consortium outlined below, has successfully initiated the project Optiwise, an EU funded research and innovation project aiming to improve and demonstrate energy savings…
Good Morning Monaco Monday, June 13, 2022 France braces for mid-June heatwaveFrance’s La chaîne météo is warning of heatwave temperatures in many parts of the country starting from the end of the…
Put CBDCs on the back burner for now By Herbert Poenisch As most central banks research introducing digital currencies, the world is embroiled in an inflationary storm not seen in…
Falling Dry market; Wets rising, Oil too. Geopolitics as turbulent as ever and Posidonia 2022 ends on a happy note
The BDI (Baltic Dry Index) fall continued both on a daily as well as on a weekly basis. Geopolitics given the Ukrainian mess will bother us for the foreseeable future……
Boris Johnson’s future is shaky, but Conservatives are already doomed By Brian Reading The fate of UK Prime Minister Boris Johnson will make little difference to the Conservative party’s future.…
Europe’s ports release study on the impact of the changing energy landscape on port infrastructure and operations
On Friday 3 June, the ESPO-EFIP study on the implications of the changing energy landscape on Europe’s ports was released and presented at ESPO’s Annual Conference in Valencia. The aim of the…
Good Morning Monaco Wednesday, June 1, 2022 SBM reports better figures – back in profitAt its meeting on May 30, 2022, the Board of Directors of the Société des Bains…
The Piraeus Marine Club Enhances Its Role as a Center for Regional Intelligence for its Membership On Thursday, May 26th, 2022 the Piraeus Marine Club featured a talk as a…
Dry Market dries out; Wets still enigmatic. War in Ukraine gets worse and Covid looms in the background
The Dry Market had one of its worse weeks with the BDI (Baltic Dry Index) diving down to 2,681 points, thanks to the volatile Capes – losing 660 points since…
The Office of Public Works (OPW) has awarded Fugro a contract to acquire, process and publish high-resolution lidar Geo-data of Ireland’s west and north coasts. This baseline survey will deliver…
American Club circular no. 16/22 – UK General Trade Licence – reporting vessel calls to Russia and vessels transiting Russian waters
MAY 25, 2022 CIRCULAR NO. 16/22 TO MEMBERS OF THE ASSOCIATION Dear Member: UK GENERAL TRADE LICENCE DATED MARCH 17, 2022 – REPORTING OF VESSEL CALLS TO RUSSIA AND OF VESSELS TRANSITING RUSSIAN…