Post Easter Market losses whilst the Ukrainian inferno will last and spill over like Covid… A crucial second Easter Week given the Orthodox Easter but with unorthodox combat. Shame! John Faraclas’ brief Market and geopolitics recap:
The BDI (Baltic Dry Index) lost 22 points since last week (14/04) and now reads 2,115…
The Capes’ BCI was down 139 points losing the 1,400 points threshold and now stands at 1,342…
Mini gains for the Panamaxes’ BPI now at 3,079 – up 37 points.
Gains for...
The BDI (Baltic Dry Index) approached the danger zone, that of 2,000 points as the fall continued all through the week. Wets as always volatile and peculiar. The Ukrainian mess and damage for humanity will need, at least a generation to “heal” to all intents and purposes; and there is more to come from the spill over. SHAME! Covid spreads again as politicians’ hallucinations “made” them medical scientists… John Faraclas’ daily and weekly recap:
The BDI lost six points since...
ATHENS, GREECE, April 7, 2022 – OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has filed its 2021 Annual Report on Form 20-F with the United States Securities and Exchange Commission (the “Commission”).
The Annual Report may be accessed through the Company’s website, www.oceanpal.com, or on the Commission’s website at www.sec.gov. Any shareholder may receive a hard copy of the Company’s complete Annual...
With an estimated 100 merchant vessels under blockade in Ukrainian ports, it was time for reflection as
INTERCARGO members, Executive Committee and Technical Committee met at the Association’s spring
semi-annual events, held in London last week. The meetings were presided over by Chairman Dimitris
Fafalios, Vice Chairman Spyros Tarasis, Vice Chairman Uttam Kumar Jaiswal, and Technical Committee
Chairman Tom Keenan. Members had the opportunity to meet...
ATHENS, GREECE, March 29, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v Florida, a 2022 Japanese new-building Capesize dry bulk vessel that the Company entered into an agreement to purchase in December 2021. As previously announced, the Company, through a separate wholly-owned...
The BDI (Baltic Dry Index) lost 60 points since last Friday the 25h of March as well as the 2,500 points threshold. Brace for Ukraine as the despicable mess continues. Covid’s spreading will cause more mess… John Faraclas brief daily recap:
The Capes’ BCI lost 153 and now stands at 1,734 losing also the 1,800 points threshold…
Minimal “gains” for the Panamaxes’ BPI now at 3,146 – up three points…
Supras’ BSI lost the 3,000 points threshold; down 29 at 2,991…
Handies the …quite winner...
John FaraclasThe BDI (Baltic Dry Index) lost 23 points since yesterday and now stands at 2,522; on a weekly basis same was down 61 since last week’ 2,605 losing the 2,600 points threshold. In search for Peace in Ukraine to avoid spill over and World War III, but this requires leaders and not morons to change the mindset. Same applies for Covid’s anathema, now entering its third year. John Faraclas’ daily and weekly recap:
The Capes BCI was down 82 points to 1,887 and on a weekly basis minus 718...
24 March 2022 An information paper, based on data provided to the GSCC by IHS Markit
For the 35th consecutive year the GSCC presents statistical data, in the form of 11 tables on Greek controlled ships over 1,000 GT, registered under the Greek and other flags. The data has been provided by IHS Markit.
The following is a short analysis, prepared by the GSCC Secretariat, of the data provided.
Information from Table 1, compared with corresponding data from the previous year, shows that, during the...
https://allaboutshipping.co.uk/2022/03/24/greek-controlled-shipping-2022/
ATHENS, GREECE, March 23, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with an unaffiliated Japanese third party for the 2022 new-building Capesize dry bulk vessel, m/v Florida. Upon completion, which is estimated to take place by March 29, 2022, the Company’s gross proceeds in connection...
ATHENS, GREECE, March 21, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Artemis. The gross charter rate is US$21,250 per day, minus a 4.75% commission paid to third parties, for a period until minimum June 20,...