Sales and Purchases

SSY Futures Ltd announces first CME listed carbon offset deal

SSY Futures Ltd announces first CME listed carbon offset deal

SSY Futures Ltd has today announced the completion of their first CME listed, carbon offset deal.
The trades were brokered on the CME listed CBL Nature-Based Global Emissions Offset (N-GEO) futures and CBL Global Emissions Offset futures.

Earlier this year, SSY Futures Ltd announced the launch of their new carbon desk, led by Head of Environmental Markets, James Ash. This is part of Simpson Spence Young’s wider carbon strategy, which...

https://allaboutshipping.co.uk/2021/11/19/ssy-futures-ltd-announces-first-cme-listed-carbon-offset-deal/

In France, fifth wave steadily advances…

In France, fifth wave steadily advances…

Good Morning Monaco – Tuesday, November 9, 2021

In France, fifth wave steadily advances

The French have been hit by a resurgence of the coronavirus pandemic later than many other countries, including the UK, the Netherlands, Germany and Eastern European states.

Princess is back in Monaco

Princess Charlene returned to Monaco on Monday after spending several months in South Africa (photos).

Lower infection rate announced on Monday

Two Monaco residents tested...

https://allaboutshipping.co.uk/2021/11/09/in-france-fifth-wave-steadily-advances/

Pelagic Partners on course for growth

Pelagic Partners on course for growth

Expanding into Product Tankers ◦ Extending LPG fleet ◦ Preparing Second Fund

On October 11, ship owning fund Pelagic Partners, in partnership with Cypriot outfit Interorient Shipmanagement, took delivery of the MR2 product tanker Star Osprey. The vessel, built in 2007, will join the Norient Product Pool. The price was below recent averages and competitive especially with regards to the very low order book.

The latest acquisition enables the Pelagic Fund I to...

https://allaboutshipping.co.uk/2021/10/18/pelagic-partners-on-course-for-growth/

Simpson Spence Young announces Carbon strategy

Simpson Spence Young announces Carbon strategy

Mark Richardson, Chairman of SSY
Simpson Spence Young (SSY) has today announced that James Ash has joined SSY Futures ltd to build out and head their new carbon derivative desk and offsetting service. James brings over 20 years energy and carbon experience and will work closely with our existing clients offering a fully rounded service in both the compliant and voluntary offset markets. 

The new carbon desk will be supported by our in-house...

https://allaboutshipping.co.uk/2021/08/12/simpson-spence-young-announces-carbon-strategy/

International shipbroker Simpson Spence Young shares mid-year outlook

International shipbroker Simpson Spence Young shares mid-year outlook

SSY Chairman Mark Richardson
After more volatility in the first half of 2021, leading shipbroker Simpson Spence Young (SSY) analyses the last six months and highlights areas of particular interest in its mid-year outlook. The report looks at various drivers of the shipping markets, including the on-going impact of evolving emissions regulations. 

Contributions come from a range of senior research and broking experts and...

https://allaboutshipping.co.uk/2021/08/09/international-shipbroker-simpson-spence-young-shares-mid-year-outlook/

VesselsValue – Half year review: S&P and values

VesselsValue – Half year review: S&P and values

Half Year Review: S&P and Values2021 to date has been one of the best years in recent memory for sale and purchase, with a rise in asset values experienced across most sectors.A combination of pent up demand following the easing of global Covid-19 restrictions and low asset values at the beginning of the year has led to a dramatic increase in both the number of transactions seen and asset values across the board.It is not just the secondhand market...

https://allaboutshipping.co.uk/2021/08/05/vesselsvalue-half-year-review-sp-and-values/

Midsummer’s Market blues…

Midsummer’s Market blues…

John Faraclas – picture by ecopack77

What a week that was in all fronts; Dry markets fall; Wets sill very low. Geopolitics not just enigmatic and despicable but bursting. Coronavirus advances further. John Faraclas’ daily and weekly recap:

The BDI (Baltic Dry Index) ended down at 3,039 – minus 34 points since yesterday and 261 since last Friday the 9th of July 2021 when the BDI stood at 3,300 points losing the 3,300, 3,200 and 3,100 points threshold. It was too good to be...

https://allaboutshipping.co.uk/2021/07/16/midsummers-market-blues/

Diana Shipping Inc. Announces the Acquisition of a Kamsarmax Dry Bulk Vessel

16/07/2021 – Diana Shipping Inc. Announces the Acquisition of a Kamsarmax Dry Bulk Vessel

..

ATHENS, GREECE, July 16, 2021 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to acquire from unaffiliated third parties the m/v Magnolia, a 2011 built Kamsarmax dry bulk vessel of 82,165 dwt, for a purchase price of...

https://allaboutshipping.co.uk/2021/07/16/diana-shipping-inc-announces-the-acquisition-of-a-kamsarmax-dry-bulk-vessel-2/

Simpson Spence Young appoints new Head of S&P

Simpson Spence Young appoints new Head of S&P

Simpson Spence Young (SSY) has today announced the appointment of their new Head of S&P, Toby English. Toby is set to join the company later this year, and will lead the group’s worldwide S&P teams which are based in London, Singapore, Hong Kong, and Shanghai. With experience spanning over 20 years in S&P, including stints at Clarksons and RS Platou, Toby was also one of the founding partners of Affinity, where he has been leading the S&P desk since...

https://allaboutshipping.co.uk/2021/07/01/simpson-spence-young-appoints-new-head-of-sp/

RoRo Cargo Demand Drives S&P Transactions

RoRo Cargo Demand Drives S&P Transactions

After a slow start to 2021, there looks to be light at the end of the tunnel as demand for RoRos begins to surge post pandemic.

Dan Nash, Head of RoRos, explores what has been happening in the RoRo market with supply versus demand and heightened S&P activity providing an opportune climate for those looking to buy. 

“Demand for freight has recovered, and S&P activity is warming up. Heavyweight’s Cobelfret and DFDS concluded a swap plus cash deal for the...

https://allaboutshipping.co.uk/2021/06/30/roro-cargo-demand-drives-sp-transactions/

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