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Last updateΔευ, 01 Ιουλ 2024 7am

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The Panama Registry

The Panama RegistryPanama´s Ship Registry, which is under the Panama Maritime Authority´s Merchant Marine Directorate, represents 21% of the world´s total merchant fleet and is the largest Open Registry. The Panama Registry has satisfactorily met many challenges regarding the implementation of international conventions, its commitment to safeguarding human life at sea, and its commitment to the maritime environment. As the world leading Registry, we feel very pleased to have reached the goals set by the Administration, such as:

Weekly Drycargo Shipping Technical Analysis - Weekly closing 1002

capesizeDarkness all around. Capers' iron ore cargoes Brazil/China hv been vanished for weeks. Aussie cargoes cannot absorb vessels oversupply. Capers Atlantic rounds are presently around at usd 5,500 daily, while for Panamaxes for same route there is total collapse, with owners happy to make today a fixture at around usd 2,500 daily, which doesnot make any sense at all, so many owners hv already given the cursed order ''Drop the Anchor''. Supply of newbuilding tonnage deliveries continues to increase creating absolutely a mess.

Crowley Maritime establishes new venture with Accord Ship Management

Crowley Maritime USATechnical and Crew Management company - Accord Ship Management - has been in existence since 1992. Accord currently manages over 20 vessels, with offices in Hong Kong, in India (Mumbai and Goa), and in the Netherlands. Accord has 55 employees who work together to realise the company's vision of being a globally competitive ship management company, offering cost effective technical and crew management solutions with a commitment to customer satisfaction.

Golden Destiny: Weekly Market Report - Analysis - Week 13/14 ending April 4

Supramax-09The first days of April create worries for the stability of eurozone's economic recovery as figures showed that euro inflation hit to the lowest level during March, since November 2009. EU's statistics office Eurostat said that annual consumer inflation in the 18 countries sharing the euro fell to 0.5% in March, from February's 0.7%, which is well bellow the European Central Bank's target of 2%. Ιn the meantime, the European Central Bank held its benchmark interest rate at a record low in March, despite growing concerns over deflationary pressures in the region, The ECB said it was maintaining its benchmark interest rate at a record-low 0.25%, in line with market expectations. The central bank also held its marginal lending at 0.75% and left its deposit facility rate unchanged at 0.0%

Louis Cruises on the Executive Committee of CLIA Europe

Louis Cruises was invited to participate in the Executive Committee of CLIA Europe. CLIA Europe represents the leading cruise companies operating in Europe and has 43 members and 36 executive partners. CLIA Europe promotes the interests of cruise operators within Europe, liaising closely with the EU institutions: the commission, the Parliament, the Council of Ministers and their Permanent Representatives as well as with the European Maritime Safety Agency (EMSA).

Liner Reliability Set to Decline in 1Q14

maersk-containerLiner shipping is becoming less and less reliable as operators ignore service standards in the rush to cut costs. The bad news for shippers is that the situation is only going to get worse, according to Drewry's newly published Carrier Performance Insight report.

Weekly Drycargo Shipping Technical Analysis

panamax-5346Weekly closing 1110. The main comments last week fully stand. Technically there is not even a slight sign of reversal in attached candlestick chart .In just one month Index declined about 55 pct, (Yday was also Monthly closing and quite devastating indeed as far as technicals are concerned).

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