The BDI@1,281: think the unthinkable

John Faraclas

The BDI (Baltic Dry Index) lost 49 points earlier on today “thanks” to the Capes, the culprits of the Dry Market. Geopolitics couldn’t be more perplexed; John Faraclas’ daily recap:

Another triple-digit loss for the Capes with the BCI down at 1,950 points – down 171 point losing also the 2,000 point-threshold!

The Panamaxes’ BPI gained 11 points and now stand at 1,455; not bad…

The Supras’ BSI clinched three points after a continuous fall and now read 945…

One point lost for the...

http://www.allaboutshipping.co.uk/2018/11/29/the-bdi1281-think-the-unthinkable/

HFW: Insurance Bulletin – November 2018

Costas Frangeskides
Partner
Holman Fenwick Willan LLP

In this issue: Regulation and legislation; Court cases and arbitration; HFW publications and events

1. Regulation and Legislation

2. Court cases and arbitration

http://www.allaboutshipping.co.uk/2018/11/27/hfw-insurance-bulletin-november-2018/

Diversity – does it matter in shipping?

Professor Averil Macdonald OBE

Diversity – does it matter in shipping?

by  Professor Averil Macdonald OBE, DSc, D.Univ, FInstP, FRSA. Emeritus Professor University of Reading, Senior Warden Worshipful Company of Fuellers.

Organisations of all sizes across every industry sector are scrutinising their diversity statistics – and for good reason. They know that traditional businesses are being forced to innovate to survive and, just as a football team full of strikers would quickly be relegated, it is...

http://www.allaboutshipping.co.uk/2018/11/21/diversity-does-it-matter-in-shipping/

LIQUI MOLY sets new sales record

Ernst_Prost

German oil and additives specialist achieves record turnover of € 53.8 million in October

November 2018 – LIQUI MOLY rang in the last quarter of the year with a record result. In October, the company booked a turnover of 53.8 million euro. With that, the high reached eleven months ago is already history again. “Our overall concept and the wide product range are the cornerstones of this success,” said Ernst Prost, Managing Director of the oil and additives specialist from Germany.

53.8...

http://www.allaboutshipping.co.uk/2018/11/20/liqui-moly-sets-new-sales-record/

The Bulletin: In good faith

November 2018 Vol.9 Ed.10
Islamic finance scales up

Thanks to the concentration of wealth in oil-rich economies and the development of harmonised regulatory standards, the Islamic finance market is more popular than ever. Islamic finance originally focused on the retail market, but now attracts mainstream investors. The industry boasts assets worth more than $2tn, and is expected to exceed $3tn by 2020.

This month’s Bulletin looks at this small but fast-growing and dynamic market, documenting its...

http://www.allaboutshipping.co.uk/2018/11/01/the-bulletin-in-good-faith/

HRAS News: UK Anti Slavery Day – 18 October 2018

UK Anti Slavery Day – 18 October 2018

Thursday 18th of October is Anti-Slavery Day in the UK. While many may think slavery is a thing of the past, modern slavery is estimated to be a £115 billion industry. Human trafficking is an intertwined issue with modern slavery, with the ILO estimating 21 million victims…

The post UK Anti Slavery Day – 18 October 2018 appeared first on Human Rights At Sea.

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http://www.allaboutshipping.co.uk/2018/10/19/hras-news-uk-anti-slavery-day-18-october-2018/

VISION for Enabling Maritime Commerce, DFDS’s success shows apprenticeships can help in recruiting ratings

Latest News

The new event Copenhagen Shipping Summit, taking place 10-11. April 2019 reports massive interest from both conference organisers and exhibitors.

Africa currently has minimal integration in world trade, but this is an enormous opportunity for the world’s youngest and second-most populous continent, states UNCTAD’s newly-released Review of Maritime Transport 2018.

http://www.allaboutshipping.co.uk/2018/10/15/vision-for-enabling-maritime-commerce-dfdss-success-shows-apprenticeships-can-help-in-recruiting-ratings/

Capt. Antonio M. Padrón at the celebration events of the 170 years of the FRED OLSEN shipping company in Cádiz

l to r: Capt. Jens Gulowsen (Braemar), Capt. Mikael Degerlund (Boudicca), Capt. Henrik Mattsson (Black Watch), Capt. Juha Sartela (Boudicca), Capt. Antonio M. Padrón, Mr. Fred Olsen Jr, President of FRED OLSEN CRUISE LINES, Capt. Jozo Glavic (Braemar), Capt. Valentin Giuglea (Black Watch), Capt. Rommel Pineda (Balmoral) and Capt. Victor Stoica (Balmoral).

Capt. Antonio M. Padrón, Technical Advisor of the DGMM and IMO Goodwill Maritime Ambassador for Spain, attended the celebration events of the...

http://www.allaboutshipping.co.uk/2018/10/11/capt-antonio-m-padron-at-the-celebration-events-of-the-170-years-of-the-fred-olsen-shipping-company-in-cadiz/

OCIMF releases best practices for conducting navigational assessments

10 October 2018 – London OCIMF has today released a new information paper on best practices for conducting navigational assessments, called A Guide to Best Practice for Navigational Assessments and Audits.

Navigational assessments and audits help vessel owners, operators and Masters to identify areas for improvement and increase safety. They also assure companies that high standards of navigation and watchkeeping are being maintained.

While a wide range of navigational assessments are used in the...

http://www.allaboutshipping.co.uk/2018/10/10/ocimf-releases-best-practices-for-conducting-navigational-assessments/

The Ameican Club and Seamen’s Church Institute jointly publish Mental Wellbeing guide for Seafarers

Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club

Publication released on World Mental Health Day to promote the recognition of mental wellbeing as a key component of the health of seafarers, who live and work in conditions which sometimes generate not only physical but also psychological challenges.

New York, October 9, 2018:        

In a joint initiative, theAmerican Club and Seamen’s Church Institute (SCI) have cooperated to produce a new guide, Cari...

http://www.allaboutshipping.co.uk/2018/10/09/the-ameican-club-and-seamens-church-institute-jointly-publish-mental-wellbeing-guide-for-seafarers/