Performance Shipping announces delivery of Aframax tanker “Blue Moon”

Performance Shipping announces delivery of Aframax tanker “Blue Moon”

ATHENS, GREECE, August 5, 2019 – Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/t Blue Moon (formerly “Maersk Jeddah”), a 2011-built Aframax tanker vessel of 104,623 dwt that the Company entered into an agreement to purchase in June 2019.

Including the...

http://www.allaboutshipping.co.uk/2019/08/05/performance-shipping-announces-delivery-of-aframax-tanker-blue-moon/

‘Gas & Gunboats in the Eastern Mediterranean’ – Demetrius A. Floudas — Hughes Hall, University of Cambridge – 10 June 2019, 17:30

‘Gas & Gunboats in the Eastern Mediterranean’ – Demetrius A. Floudas — Hughes Hall, University of Cambridge – 10 June 2019, 17:30

Event to be held at the following time, date, and location:

Monday, June 10, 2019 from 5:30 PM to 7:30 PM (BST)

Seminar Room B
Hughes Hall
University of Cambridge
CB1 2EW Cambridge
United Kingdom

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Gas & Gunboats in the Eastern Mediterranean: The next conflict at Europe’s doorstep?

Demetrius...

http://www.allaboutshipping.co.uk/2019/06/06/gas-gunboats-in-the-eastern-mediterranean-demetrius-a-floudas-hughes-hall-university-of-cambridge-10-june-2019-1730/

The BDI@1,082; Supras “spoil” the broth…

The BDI@1,082; Supras “spoil” the broth…

John Faraclas

The BDI (Baltic Dry Index) ended up 16 points earlier on today following the long weekend due to the spring Holiday as well as due to end of the European Union’s election process. Now if we have so far stressed the perplexed and enigmatic geopolitics affecting not only the markets but our lives, do take cover from what is next to come. And remember: news is what they DON’T tell us. John Faraclas’ brief daily recap:

The Capes’ BCI was up 40...

http://www.allaboutshipping.co.uk/2019/05/28/the-bdi1082-supras-spoil-the-broth/

Mark Prendergast to retire from Harris PYE engineering group in May 2020

Mark Prendergast

Mark Prendergast to retire from Harris PYE engineering group in May 2020

Mark Prendergast, Chief Executive Officer of Harris Pye Engineering Group, a Joulon company has announced that he is to retire on 30 May 2020.

The Harris Pye Engineering Group, global specialists in the provision of repairs, upgrades and conversions to the marine, offshore oil and gas, and associated onshore industrial sectors as well as having a renewables, biomass and green technology portfolio, was...

http://www.allaboutshipping.co.uk/2019/05/23/mark-prendergast-to-retire-from-harris-pye-engineering-group-in-may-2020/

International Diving Industry Forum Established by the World’s Key Energy Industry Diving Bodies

Bryan McGlinchy IMCA’s Diving Manager

International Diving Industry Forum Established by the World’s Key Energy Industry Diving Bodies

The International Diving Industry Forum (IDIF) has been established by three key industry stakeholders – the International Marine Contractors Association (IMCA); the Association of Diving Contractors International ,(ADCI);and the International Association of Oil and Gas Producers (IOGP) – to reduce and control the risks associated with energy industry diving...

http://www.allaboutshipping.co.uk/2019/04/29/international-diving-industry-forum-established-by-the-worlds-key-energy-industry-diving-bodies/

Daily Overview of Global Markets & the SEE Region (Monday, 22 April, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, 22 April, 2019)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS:   Oil prices surged earlier today on press reports conveying that, as of 2 May, the US will no longer grant sanctions waivers to any country that is currently importing Iranian crude. Brent crude was 2.4% higher on the day at the time of writing, hitting a fresh year-to-date peak of $74.3 per barrel. Following the Good Friday holiday, financial markets in many...

http://www.allaboutshipping.co.uk/2019/04/22/daily-overview-of-global-markets-the-see-region-monday-22-april-2019/

International Offshore Development Congress (28-29 Apr, Abu Dhabi) Invites WOC as Strategic Partner

International Offshore Development Congress (28-29 Apr, Abu Dhabi) Invites WOC as Strategic Partner

WOC to Speak on “The Future of Offshore Oil and Gas: Exploration and Production in a Crowded, Impacted, Multiple-Use Ocean” at IODC 2019

10 April 2019

WOC CEO Paul Holthus has been invited to speak in the panel on “Facing Current Offshore Business Challenges” at the 1st International Offshore Development Congress (IODC), Abu Dhabi, 28-29 April 2019.

With the theme of “Delivering the Future Together...

http://www.allaboutshipping.co.uk/2019/04/10/international-offshore-development-congress-28-29-apr-abu-dhabi-invites-woc-as-strategic-partner/

BIMCO: US seaborne crude oil exports hit record high for fifth month in a row

Peter Sand

US seaborne crude oil exports hit record high for fifth month in a row

US exports of crude oil have, since August 2018, continued to rise every month, with a new record high in January of 9.6 million tonnes. Exports rose in January on the back of increased sales to Europe, which rose from 2.7 million tonnes in December to 4.8 million tonnes in January.

A strong end to 2018 meant that volumes for the full year totalled 87.4 million tonnes, 96.7% higher than the 44.4 million tonnes...

http://www.allaboutshipping.co.uk/2019/04/09/bimco-us-seaborne-crude-oil-exports-hit-record-high-for-fifth-month-in-a-row/

Wärtsilä SceneScan, the world’s first ‘targetless’ DP laser sensor, to deliver added safety to Topaz Marine fleet

The Wärtsilä SceneScan provides accurate positional information for safer operations. Copyright: Topaz.

Wärtsilä SceneScan, the world’s first ‘targetless’ DP laser sensor, to deliver added safety to Topaz Marine fleet

Wärtsilä Corporation,  5 April 2019 at 9.30 am EEST – The technology group Wärtsilä has successfully completed sea trials of its SceneScan system, the world’s first ‘targetless’ dynamic positioning (DP) laser sensor. This state-of-the-art technology requires no reflector target to...

http://www.allaboutshipping.co.uk/2019/04/05/wartsila-scenescan-the-worlds-first-targetless-dp-laser-sensor-to-deliver-added-safety-to-topaz-marine-fleet/

FUGRO expands offshore and onshore services in Egypt with opening of new hub

The new Cairo facilities support Fugro’s integrated site investigation services for major civil infrastructure projects, in addition to the its expanding services for offshore oil and gas

FUGRO EXPANDS OFFSHORE AND ONSHORE SERVICES IN EGYPT WITH OPENING OF NEW HUB

Fugro has cut the ribbon at new premises in Egypt as it expands the depth and range of its site characterisation and asset integrity services for offshore and onshore projects and infrastructure in the region.

Located in Cairo’s Zahraa...

http://www.allaboutshipping.co.uk/2019/03/26/fugro-expands-offshore-and-onshore-services-in-egypt-with-opening-of-new-hub/