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Baltic Index Falls As Panamax And Supramax Segments Log Declines
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, pressured by weak rates across the panamax and supramax vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels, dipped 11 points to 1,616 points. The capesize index rose 2…
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The importance of an FFA market in today’s volatile shipping freight market
In today’s volatile shipping market, particularly amid unpredictable global conditions and geopolitical events, Forward Freight Agreements (FFAs) play a crucial role in stabilising and managing risk. FFAs allow shipping industry participants to hedge against freight rate fluctuations, providing financial security and predictability in an increasingly uncertain environment. Freight derivatives have become a go-to solution for…
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Ballast water record-keeping and reporting requirements – Upcoming changes
The new guidance on ballast water (BW) record-keeping and reporting, adopted in Circular BWM.2/Circ.80, aims to assist ship crews by clarifying the record-keeping and reporting process under the BWM Convention. The circular includes guidance on completing the BWRB, including: Updated example ballast water reporting form (Appendix II) Example form for voluntary tank-by-tank logging of BW…
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VIKAND Emphasises the Importance of Effective Communication in the Psychological Safety, Wellbeing, and Retention of Seafarers
As mental healthcare for seafarers becomes an industry priority, the important role that effective communication plays in supporting seafarers’ mental health, performance, and retention cannot be overstated, says VIKAND. The leading global healthcare solutions to the maritime sector, highlights that part of this is properly delivered, constructive feedback, which is essential not only for professional…
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Asia Fuel Oil-HSFO premiums fall while market structure softens
Spot premiums for high sulphur fuel oil (HSFO) dipped on Wednesday amid a backdrop of heavy supply arrivals, while the market structure weakened at the prompt trading months. Singapore cash premium for 380-cst HSFO was pegged at $12.75 a metric ton, reflecting a narrower backwardation for the December-January contract. Meanwhile, the market for very low…
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Primer Oficial para buque VLCC – 12.600 USD/mes
Primer Oficial para buque VLCC – 12.600 USD/mes Chief Officer on VLCC 12600 $ per month 4 (+-1) m VLCC Alina@desecrew.com La entrada Primer Oficial para buque VLCC – 12.600 USD/mes se publicó primero en Actualidad Marítima y Portuaria.
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Técnico/técnica de Recursos Humanos y organización para Puertos del Estado
Técnico/técnica de Recursos Humanos y organización para Puertos del Estado BASES PARA LA CONTRATACIÓN MEDIANTE PRUEBAS SELECTIVAS DE UN PUESTO DE – TÉCNICO/TÉCNICA DE RECURSOS HUMANOS Y ORGANIZACIÓN – DE PERSONAL LABORAL FIJO SUJETO AL III CONVENIO COLECTIVO DE PUERTOS DEL ESTADO Y AUTORIDADES PORTUARIAS. 301024_OEP23DC1TRRHH_report_Bases_0.pdf La entrada Técnico/técnica de Recursos Humanos y organización para…
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El Puerto de Algeciras mueve 87 millones de toneladas de mercancía hasta octubre
El tráfico de camiones en el Estrecho rozará el medio millón de unidades a final de año Algeciras, 20 de noviembre 2024. El Puerto de Algeciras ha movido hasta octubre 87´1 millones de toneladas de mercancías, un Tráfico Total un 0´1% superior al registrado el ejercicio anterior. Los Graneles Líquidos, con 23´8 millones de toneladas…
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The 43rd Annual Meeting of the North-East Atlantic Fisheries Commission (NEAFC) was held in London from 12 to 15 November 2024
NEAFC is the intergovernmental organisation responsible for fisheries management in international waters in the North-East Atlantic. Its Contracting Parties are Denmark (in respect of the Faroe Islands and Greenland), the European Union, Iceland, Norway, the Russian Federation and the United Kingdom. In opening the meeting, the President, Janet Skarðsá, welcomed participants to London. She noted…
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‘Largest ever Nordic bond’ enables Yinson Production to raise nearly $3 billion in 2024
On a mission to bankroll the upgrade of its FPSOs, Yinson Production has placed a $100 million tap issue, bringing the total amount of the corporate bond to $600 million. The post ‘Largest ever Nordic bond’ enables Yinson Production to raise nearly $3 billion in 2024 appeared first on Offshore Energy.