DNV recognizes Arcadia Shipmanagement’s Aegean Myth as the first verified SEEMP III vessel

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Classification society DNV presented Arcadia Shipmanagement Co Ltd. with a certificate recognizing their vessel Aegean Myth as the first vessel globally to have a SEEMP III manual. The Ship Operational Carbon Intensity Plan or SEEMP Part III, is part of IMO’s strategy to reduce shipping’s greenhouse gas (GHG) emissions and a verified SEEMP Part III [...]

Tototheo Maritime expands presence in North Europe

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The well-known maritime technology provider, Tototheo Maritime, has recently inaugurated its new office in Bremen, Germany. Headquartered in Cyprus, Tototheo Maritime has been offering state of the art technology solutions and services to the maritime industry for over forty years, through its owned offices in Limassol and Piraeus, as well as through their partner offices [...]

George Alexandratos is the new president of the Piraeus Marine Club

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With remarkable turnout – during the AGM of the Piraeus Marine Club Members on June 30th, 2022, the new Board of the Piraeus Marine Club convened as a body and elected the Board officers by secret ballot. The new Board’s composition is as follows: George Sp. Alexandratos President, Paris K.Xanalatos Vice President, Basil K. Spiliopoulos [...]

The Signal Group launches a tech enabled bunker procurement company

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The Signal Group has launched Shipergy, an innovative bunker procurement company. The new company is led by former LQM CEO, Daniel Rose, and operates from offices in London and Athens. Shipergy will initiate operations with the bunker requirements of the Signal Maritime pools. Taking advantage of economies of scale and operational efficiencies, the new entity will [...]

“Sailing together” to protect the environment and our seas in Santorini

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On the occasion of the World Environment Day and as part of our “SAILING TOGETHER” responsibility programme, Attica Group has successfully completed the third of a series of initiatives aiming to clean the seabed of our islands and protect their marine life. Following our previous activities in Naxos and in Kos, our next destination was [...]

Lack of Competition in Container Shipping – A True Picture

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Current measures of competitiveness in the global liner shipping market are incomplete and therefore inaccurate and fail to take full account of the degree of co-operation between carriers which results in a more highly concentrated industry, to the serious detriment of shippers worldwide. This conclusion is one of the findings presented in the Container Shipping Market [...]

IBIA and BIMCO survey confirms a desire for bunker supplier licensing schemes

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The International Bunker Industry Association (IBIA), with support from BIMCO, launched an extensive online survey in February 2022 to identify to which extent the maritime industry stakeholders believe there is a need for a wider adoption of bunker licensing schemes, mass flow metering (MFM) and transparency to improve market conditions. The answer – for the most [...]

Xclusiv Shipbrokers S&P Report 1st July, 2022

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It’s been almost a month since China has eased its COVID 19 restrictions and lockdowns, maintaining though the zero COVID policy, and the first positive signs for the economy are already obvious. The Caixin China General Manufacturing PMI climbed to 51.7 in June 2022 from 48.1 in May, higher than the market forecasts of 50.1. [...]

Allied Shipbroking – Weekly Report for Week 26 | 27th June – 03rd July 2022 By Thomas Chasapis Quantitative Analyst

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Looking at tanker asset price levels and their overall trend during the pandemic era, we note several periodical asymmetries, while at the same time, the overall trend can actually be separated into two distinct phases. A negative trajectory that was noted throughout the most part of 2020, followed by an upward mode thereafter that came [...]

Intermodal Weekly Market Report for week 26 2022 Market Insight By Chara Georgousi, Research Analyst

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Following the 3rd Decarbonizing Shipping Forum, held in Hamburg on June 2022, there has been a meaningful resurgence of discussions within the shipping industry around the topic. In order to meet internationally agreed levels of mitigation, shipping industry must undertake fundamental changes in its emissions pathway, while stakeholders need to implement effective solutions to reduce [...]

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