News
2 September 2010
Eco-friendly shipping tops Korean maritime conference agenda
Environment issues led the agenda at this year's Seoul International Maritime and Shipbuilding Conference (SIMS) staged by the Korean Register of Shipping in Seoul today (2 September 2010. More
1 September 2010
UK maritime industry feeling impact of immigration cap
The British government's drive to lower net migration by reducing the
availability of Tier 2 visa certificates is already having an impact
on a wide range of UK based shipping companies and maritime services
providers, according to specialist shipping industry recruiter Faststream.
More
31 August 2010
Baltic Exchange introduces market reporting during Asian working day
The Baltic Exchange will report and publish a selection of its existing
dry supramax routes during the Asian working day from 1 September 2010.
More
11 August 2010
AET adds two new product tankers to its clean fleet
Continuing its expansion into the clean markets, AET formally accepted two newbuild 6,600dwt product tankers into its fleet at a naming ceremony in Haydarpasa Port, Istanbul on 7 August 2010. More
30 July 2010
Changes to the Baltic Exchange’s Tanker TCE assessments
In a move designed to stimulate freight derivative trading, the Baltic Exchange will be calculating its Tanker Time-Charter Equivalent Assessments (TCEs) based on bunker prices which are in line with the bunker swaps market. More
20 July 2010
AET orders four VLCCs from Daewoo
AET today signed a contract with Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) of Korea for the purchase of four new 320,000 dwt very large crude carriers (VLCCs), hull numbers S5380 to S5383, for delivery between December 2012 and October 2013. More
6 July 2010
Honorary Baltic Exchange life membership for IMO Secretary-General
International Maritime Organization (IMO) Secretary-General Efthimios Mitropoulos was awarded honorary life membership of the Baltic Exchange yesterday (Tuesday 6 July) in recognition of his services to the shipping industry. More
25 June 2010
AET signs contract for four suezmax from Sungdong
AET today signed a contract with Samsung Heavy Industries of Korea for the purchase of four new 158,500 dwt Suezmax tankers, hull numbers 1962 to 1965, for delivery between April and October 2012. These vessels will become the first owned Suezmax class vessels in AET's fleet. More
22 June 2010
AET takes delivery of 53rd aframax
At a ceremony held today (22 June 2010) at the Tsuneishi shipyard in Japan, AET celebrated the naming and delivery of its 53rd aframax tanker, Eagle Kangar. The new 107,000 dwt vessel is the third in a series of eight sisterships being built for AET by Tsuneishi, with delivery of the final vessel scheduled for September 2011. More
8 June 2010
Navigate launches UK Maritime Services Directory
Navigate and Maritime London have launched a print and online directory of UK professional service providers. More
19 May 2010
Baltic Exchange outlines dry FFA screen trading plans
The Baltic Exchange has applied for Multilateral Trading Facility (MTF) status with the UK's Financial Services Authority (FSA) for BaltEx, a central screen based trading solution for the dry Forward Freight Agreement (FFA) market, to be run by a new subsidiary, Baltic Exchange Derivatives Ltd. More
11 May 2010
AET takes delivery of 51st aframax
At a ceremony held today (11 May 2010) at the Sungdong shipyard in Korea, AET formally named and took delivery of its 51st aframax tanker. More
22 April 2010
Faststream focuses on freight traders
Global shipping recruitment firm Faststream has opened a new desk to focus on finding freight traders for banks, commodity and energy trading houses. More
6 April 2010
KR classed fleet reaches 40 million gt
For the first time in its 50 year history, the classed fleet of the Korean Register of Shipping (KR) - an IACS member classification society - has reached 40 million gt. More
1 April 2010
Faststream reports improved job market
The latest employment review by global recruitment company Faststream covering wide range of technical roles for shipping companies, oil majors, flag states, classification societies and consultancies shows that salaries have remained steady and that experienced and well qualified candidates remain hot property. The company is placing candidates more quickly than before, in an average of 9 weeks, down from 11 weeks in 2009. More
30 March 2010
AET takes delivery of 49th aframax tanker
At a ceremony held at the Tsuneishi shipyard in Japan last week (25 March 2010), AET formally named and took delivery of its 49th aframax tanker. The new 107,000 dwt tanker was named Eagle Kuantan. More
16 March 2010
Korean Register breaks ground in Busan
At a ceremony in Busan, Korea on Thursday (12 March), the chairman and CEO of the Korean Register - an IACS member classification society - together with over 300 VIP guests, formally broke the ground to start construction of KR's new head office. More
1 March 2010
Oh re-elected as head of Korean Register
At a vote held in Korea on 24 February, Oh Kong-gyun was re-elected to serve as Chairman and CEO of the Korean Register - an IACS member classification society - for a further three years. More
18 January 2010
AET flags first vessel in India
AET - one of the world's leading owner-operators of petroleum tankers - has become the first major foreign shipping company to be given permission by the Indian Government to operate a ship flying the Indian flag. This is a major development as AET's global operations continue to expand. More
7 January 2010
Korean Register to verify emissions trading
The Korean Register of Shipping (KR) - an IACS member classification society - has been authorized by the Ministry of Environment of the Republic of Korea as a verification body for its pilot greenhouse gas emissions trading scheme. More
7 December 2009
Navigate & Helix Media announce tie up
Specialist maritime public relations agencies Navigate PR and Helix Media today announced a strategic partnership which will see them extend their reach by providing seamless corporate communications activities to maritime industry clients in Europe and Asia. More
2 December 2009
Chemical & Product Tanker 2010 programme ready
The programme for the Chemical & Product Tanker conference and held in conjunction with IPTA (London 9-10 March) is now ready. More
17 November 2009
Training course dates 2010 announced
Navigate runs the Baltic Exchange's Freight Derivatives & Shipping Risk Management; Advanced Freight Modelling & Trading as well as our own Practical Maritime Economics. Courses in 2010 will be held in London, New York and Singapore. More
31 October 2009
Navigate Events case-studied in The Times
Our sister company, Navigate Events, is case-studied in the prestigious UK broadsheet, The Times. More
27 October 2009
Navigate Events announces Port Centric Logistics conference
Navigate Events has announced a ground-breaking conference examining the innovative concept and practice of Port Centric Logistics. Aimed at ports, carriers, logistics providers, retailers, shippers and receivers, this brand-new event will feature presentations, case-studies and panel discussions. The conference will be held in Manchester on 2-3 March 2010. More
23 October 2009
Navigate to publish Maritime London directory
Navigate will be producing a directory with Maritime London containing the contact details of over 1500 companies active in the UK maritime services sector. More
16 October 2009
Greek shipowners show support for Korean Register
Over 70 Greek shipowners supported the Korean Register of Shipping's (KR) 5th Hellenic Committee meeting held in Athens yesterday (15th October). Chaired by Adam Polemis, this important gathering meets annually to discuss KR's performance and to guide the classification society to further its twin aims of ensuring quality shipping and safeguarding the natural environment in which its vessels operate. More
22 October 2009
Space available in Maritime London Pavilion, Posidonia 2010
Two stands are currently available within the Maritime London pavilion which is once again being managed by Navigate PR. For further details please contact Bill Lines.
E: blines@navigatepr.com
22 September 2009
Asian shipping interests must speak up, says Korean Register CEO
According to Mr Oh Kong-Gyun, Chairman and CEO of the Korean Register of Shipping (KR), the size of the Asian shipping and shipbuilding industries is such that they should occupy a more prominent and influential position in the international regulatory process than they currently do. More
21 September 2009
London Matters now available
The latest issue of London Matters, a round up of maritime news edited and distributed by Navigate on behalf of Maritime London, is out today. More
2 September 2009
Proposed changes to Jones Act already impacting seafarers
The impact of proposed changes to the Jones Act and the use of foreign flagged vessels in the US offshore sector is already being felt by seafarers according to international shipping recruitment agency Faststream, with companies rushing to replace their non-US crews. More
2 September 2009
Baltic Exchange warns on over-zealous European derivatives regulation
The Baltic Exchange has called on the European Commission (EC) not to lose sight of the benefits of over-the-counter (OTC) trading in the freight derivatives market and warns that over-zealous regulation could drive business away from Europe. More
1 July 2009
Significant change to Baltic Exchange Dry Index
In a move designed to help boost derivative trading, the Baltic Exchange will be implementing changes to the way in which the Baltic Exchange Dry Index (BDI) is calculated. As of 1 July 2009, the BDI will be calculated taking the timecharter components of the Baltic's capesize, panamax, supramax and handysize indices. More
17 June 2009
Opportunities still available for experienced commercial shipping people
The latest Faststream employment report has revealed that base salaries for experienced shipbrokers are up, but bonus expectations down. On average an experienced shipbroker placed by Faststream between October 2008 and May 2009, was hired for a basic salary of GBP77,240. More
