Athens/Piraeus ranked as the 1st world shipping centre in fleet size management

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Athens/Piraeus is back on top of the Shipping pillar, followed by Singapore, Tokyo, and Shanghai. Hamburg, however Athens/Piraeus ranks at 12th place as a maritime centre according to Menon Economics and DNV Publication. When assessing the importance of the world’s shipping centers, Athens, Singapore, and Tokyo take the top three spots in the total ranking [...]

NAPA and Bureau Veritas enhance hull design approvals through direct use of 3D models

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NAPA, the leading maritime software, services and data analysis provider, and Bureau Veritas (BV), a world leader in testing, inspection and certification, have announced today their partnership to enable more effective and widespread use of 3D models in the class approval process. Through this partnership, the two parties seek to improve the overall efficiency and [...]

ABS Brings Together Greek Technical Leaders to Discuss Advanced Maritime Technologies

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More than 30 leaders from the Greek Shipping Industry heard about ABS’ work on the latest marine technologies at the seventh annual ABS Hellenic Technical Committee meeting. Participants heard about the innovative joint development project between ABS, CSSC-SDARI, Thordon Bearings Inc. and National Technical University of Athens on Sterntubeless vessels with water lubricated bearings powertrain [...]

George Margelis joins Margetis Maritime as Environmental Consulting Director

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Mr. George Margelis, a retired Engineer Officer from the Hellenic Navy, was trained as a Naval Engineer and Environmental Engineer, with graduate degrees from MIT (a long-time friend and schoolmate at MIT with  founder George Margetis and  COO of Margetis Maritime Nick Kafetsis). Mr.Margelis will be directing the newly established Maritime Environmental Consulting Division, being [...]

Cyprus Shipping Deputy Ministry launches innovative online platform for industry collaboration and progress

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Following the launch of SEA Change 2030, a long-term strategic vision for Cyprus shipping, the Shipping Deputy Ministry is currently working on the implementation of the relevant actions presented in the Strategy and towards this direction, it has launched the new online platform: C.O.M.E. C.O.M.E, which stands for Cyprus Open Maritime Exchange, is one of the latest initiatives from [...]

DNV Conference brings together industry voices to show collaboration is shipping’s true fuel of the future

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Participants from across the maritime value chain participated in the DNV Conference – The Fuel of the Future. Aimed at advancing the idea that collaboration is the key to success in decarbonizing the maritime world, the event attracted more than 6500 registrants, and brought together a comprehensive line-up of shipowners, energy majors, financers, and regulators [...]

Simpson Spence Young acquires Anchor Shipbroking Inc.

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Simpson Spence Young (SSY), the largest independent shipbroker in the world has announced the acquisition of Anchor Shipbroking Inc. Based in Piraeus, Greece, Anchor Shipbroking are specialists in Sale & Purchase, offering a full range of services to their global network of clients. This acquisition further strengthens SSY’s S&P offering and is part of a [...]

Xclusiv Weekly S&P Report – January 17, 2022

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During the first weeks of 2022 we saw the Omicron variant continue its rapid spread. An increase in COVID-19 infections was reported in the Chinese port city of Tianjin, leading to partial lock downs, as mandatory measures to stop the virus from spreading. But China detected omicron in a second major port city, Dalian, adding [...]

Intermodal Weekly Market Report / Week 02 2022 By Mohamed Rabie, Research Analyst

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Since the beginning of the year, we have been witnessing the BDI correcting downwards with sizable drops across all segments. Latest similar levels were noticed back in February 2021. BDI started to deflate after reaching the highest level since 2008 during the first week of October 2021. An uptick in the index was observed during [...]

Allied Shipbroking Weekly Market Report / Week 02 2022 / 10th – 16th January 2022 By George Lazaridis, Head of Research & Valuations

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It has been a slow start to the year for the dry bulk market thus far, albeit that we are only halfway through the first month. The trend seems to be a direct continuation of what we were witnessing during the final months of 2021, while it seems that this trend is in direct correlation [...]

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