Canals

BIMCO: Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks

Peter Sand

Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks

VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between 13 June 2019 and 20 June 2019, in the aftermath of attacks on two tankers in the Strait of Hormuz. Spot freight rates for a VLCC, carrying 2 million barrels of oil, between the Arabian Gulf and China reached USD 25,994 per day on 20 June, their highest level since March and significantly above the...

http://www.allaboutshipping.co.uk/2019/06/21/bimco-crude-oil-tanker-freight-rates-from-the-arabian-gulf-to-china-doubles-on-the-back-of-tanker-attacks/

The BDI@850: expectations raised but reality bites…

John Faraclas

The BDI@850: expectations raised but reality bites…

The BDI (Baltic Dry Index) gained 29 points – similar more or less as per yesterday’s closing but still here we are NOT convinced given the bankruptcy all over Planet Ocean and the unprecedented way Geopolitics will turn. John Faraclas brief recap:

The Capes were up 76 points with the BCI now standing at 648 – good to see the 600 points-threshold “conquered”…

The Panamaxes’ BPI rise was very modest – six point and now stands at 1,177…

http://www.allaboutshipping.co.uk/2019/04/24/the-bdi850-expectations-raised-but-reality-bites/

Hot Port News fom GAC

Hot Port News from GAC

18-Apr-2019

MOORING & UNMOORING IN TUAS FINGER ONE PROJECT AREA
Singapore

ADDITION OF INFORMATION TO STATISTICAL DECLARATION
Suez Canal, Egypt

TEMPORARY LOADING FACILITY AT WEST KOWLOON CULTURAL DISTRICT
Hong Kong

Mooring & unmooring in Tuas Finger One Project Area
Thursday, April 18, 2019, Singapore

The working period for operations in the Tuas Finger One Project Area has been extended, and the work will now be carried out from 18 April to 17 October.

According to the Maritime...

http://www.allaboutshipping.co.uk/2019/04/18/hot-port-news-fom-gac/

Midweek blues: The BDI continues to fall…

Midweek blues: The BDI continues to fall…

The BDI (Baltic Dry Index) lost three points despite Panamaxes’ good performance; geopolitics still very perplexed. What an excursion that was ending the four day 14th Panama Maritime’s Convention events. John Faraclas’ daily brief recap supported by Anny Zade’s video:

The BDI approaches the 700 point threshold following its fall by three points to 709!

The Capes’ BCI lost 22 points and now reads 399 – the 400 point threshold has been lost. Things with...

http://www.allaboutshipping.co.uk/2019/04/01/midweek-blues-the-bdi-continues-to-fall/

European Parliament adopts final agreement on the Connection Europe Facility for 2021-2027

Turi Fiorito

European Parliament adopts final agreement on the Connection Europe Facility for 2021-2027

26 March 2019

On 25 March the European Parliament adopted its final agreement with the European Council for the Connecting Europe Facility (CEF) for the 2021-2027 period negotiated by Rapporteurs Marinescu, Telička and Virkkunen.

The European Federation of Inland Ports (EFIP) wholeheartedly welcomes the 50% co-funding threshold for projects supporting inland waterway transport. This is a great...

http://www.allaboutshipping.co.uk/2019/03/26/european-parliament-adopts-final-agreement-on-the-connection-europe-facility-for-2021-2027/

EFIP welcomes the adoption of the European Parliament resolution on NAIADES II – An action programme to support inland waterway transport

Turi Fiorito

 On February 14th, the European Parliament adopted its Resolution on Inland Waterway Transport in the European Union, considering the specific actions undertaken so far and future actions to be implemented, also in the light of the NAIADES II action programme 2014-2020 onwards.

The European Federation of Inland Ports (EFIP) welcomes the emphasis on the necessity for inland waterway transport to be considered within a holistic and long-term approach under the EU intermodal and...

http://www.allaboutshipping.co.uk/2019/02/14/efip-welcomes-the-adoption-of-the-european-parliament-resolution-on-naiades-ii-an-action-programme-to-support-inland-waterway-transport/

ONBOARD Training Project in Ports and Logistics sector recognised as good practice January 2019

The Onboard Project, which is exploring the development of technical profiles and training curriculum for the Ports and Logistics sector has been recognised as good practice by the EACEA – Education, Audiovisual and Culture Executive Agency of the European Commission.

Recognition was announced by the EACEA, at the end of last year in Brussels. From a total of 14 projects, Onboard was identified as one of 3 which demonstrated good practice.

Since commencing in October 2017, the consortium partners...

http://www.allaboutshipping.co.uk/2019/01/28/onboard-training-project-in-ports-and-logistics-sector-recognised-as-good-practice-january-2019/

EFIP welcomes and supports the European Parliament position on the Connecting Europe Facility for 2021-2027

Turi Fiorito

14 December 2018 – On 12 December the European Parliament adopted its final position on the TRAN/ITRE report from Rapporteurs Marinescu, Telička and Virrkkunen on the Connecting Europe Facility (CEF) for the 2021-2027 period, the so-called “CEF II”.  

The European Federation of Inland Ports (EFIP) wholeheartedly welcomes the expanded budget for transport by €7bn to a total of €33.51bn (in constant prices). This budgetary increase was the main objective of the Transport coalition “More...

http://www.allaboutshipping.co.uk/2018/12/14/efip-welcomes-and-supports-the-european-parliament-position-on-the-connecting-europe-facility-for-2021-2027/

Future of historic canal ship safeguarded by Peel Ports

Manchester Ship Canal aerial view

The future of one of Liverpool’s most significant historic vessels has been safeguarded for the next three years thanks to a £75,000 donation from Peel Ports.

The Daniel Adamson Preservation Society (DAPS) – the volunteer group which led the £5m restoration project of the ‘Daniel Adamson’ Steam tug-tender – will benefit from an investment from the port operator towards a long-term legacy project committed to teaching others about the vessel and its rich ties to...

http://www.allaboutshipping.co.uk/2018/12/13/future-of-historic-canal-ship-safeguarded-by-peel-ports/

Last reminder – FEPORT – Invitation to the 4th Annual Stakeholders’ Conference


From FEPORT:

On 29th November, FEPORT will organize its Fourth Annual Stakeholders’ Conference in Brussels.

This year’s topic is “How can multimodal connectivity and digital platforms turn trade into a growth engine?”

If you would like to attend our event but did not have time yet to register, we kindly ask you to proceed at your earliest convenience as we shall soon close the registrations.

As mentioned in our previous messages, our event will feature high profile speakers representing...

http://www.allaboutshipping.co.uk/2018/11/15/last-reminder-feport-invitation-to-the-4th-annual-stakeholders-conference/

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