Seas

Left unchecked China would bring more conflict to the South and East China Seas

Retrieved on: 
Wednesday, June 9, 2021

In reality, disputes in the South China Sea cannot be settled in the foreseeable future but only managed.

Key Points: 
  • In reality, disputes in the South China Sea cannot be settled in the foreseeable future but only managed.
  • That is because China and Vietnam both claim "indisputable sovereignty" over rocks and features in the South China Sea and will not compromise.
  • - NW Ali : What are Japan's strategic interests in the East and South China Seas?
  • And Japan currently administers the Senkaku Islands in the East China Sea over which China asserts a claim to sovereignty.

United Kingdom Freight Ferry Monthly Market Report: Details and Analysis by Operator, of Accompanied and Unaccompanied Freight Traffic - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 11, 2021

b'The "Freightstat Monthly" newsletter has been added to ResearchAndMarkets.com\'s offering.\nFreightStat provides up to date monthly details and analysis, by operator, of accompanied and unaccompanied freight traffic on Short Sea, Tunnel and Western Channel ferry routes and plans are at an advanced stage to incorporate full details for Irish Sea and North Sea services.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210511005636/en/\n'

Key Points: 
  • b'The "Freightstat Monthly" newsletter has been added to ResearchAndMarkets.com\'s offering.\nFreightStat provides up to date monthly details and analysis, by operator, of accompanied and unaccompanied freight traffic on Short Sea, Tunnel and Western Channel ferry routes and plans are at an advanced stage to incorporate full details for Irish Sea and North Sea services.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210511005636/en/\n'

Castor Maritime Inc. Announces New Vessel Acquisition and the Delivery of the M/T Wonder Polaris

Retrieved on: 
Friday, March 12, 2021

The M/T Wonder Polaris is currently employed under a time charter contract with minimum duration of about one year at a minimum gross daily hire of $15,000.

Key Points: 
  • The M/T Wonder Polaris is currently employed under a time charter contract with minimum duration of about one year at a minimum gross daily hire of $15,000.
  • The M/T Wonder Polaris acquisition was financed in its entirety with cash on hand.
  • Petros Panagiotidis, Chief Executive Officer of Castor, commented:
    We are pleased to announce our eighth vessel acquisition in 2021 with the addition of another Kamsarmax dry bulk vessel, our fifth, to Castors fleet.
  • Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels.

Castor Maritime Inc. Announces the En Bloc Acquisition of Two Aframax LR2 Tankers with Time Charters Attached

Retrieved on: 
Thursday, February 11, 2021

The Charterer has the option to extend the duration of each contract for an additional one-year term.

Key Points: 
  • The Charterer has the option to extend the duration of each contract for an additional one-year term.
  • In addition, the vessels have very recently completed their scheduled special surveys and dry-dockings and are equipped with ballast water treatment systems.
  • Therefore, we are very excited to be entering the tanker market, at what we believe is an opportune time for this sector.
  • Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels.

DGAP-News: Hamburger Hafen und Logistik AG: HHLA PLT Italy starting on schedule

Retrieved on: 
Thursday, January 7, 2021

Hamburger Hafen und Logistik AG: HHLA PLT Italy starting on schedule

Key Points: 
  • Hamburger Hafen und Logistik AG: HHLA PLT Italy starting on schedule
    The issuer is solely responsible for the content of this announcement.
  • The announced acquisition by Hamburger Hafen und Logistik AG (HHLA) of 50.01 percent of the multi-function terminal Piattaforma Logistica Trieste (PLT) in the Italian seaport of Trieste has been completed on 7 January 2021.
  • Following approval by the Italian Council of Ministers and the fulfilment of additional formal closing conditions, nothing stands in the way of Hamburger Hafen und Logistik AG's operation of the HHLA PLT Italy terminal in the Adriatic port of Trieste.
  • Francesco Parisi, CEO of the Francesco Parisi Group, a co-shareholder of HHLA PLT Italy: "We are very glad to now have HHLA on board.

Update on Mediterranean migrant search and rescue

Retrieved on: 
Saturday, December 19, 2020

On International Migrants Day on 18 December, the EU Agency for Fundamental Rights outlines the difficulties that civil society rescue efforts in the Mediterranean continue to face.

Key Points: 
  • On International Migrants Day on 18 December, the EU Agency for Fundamental Rights outlines the difficulties that civil society rescue efforts in the Mediterranean continue to face.
  • Since 2018, some EU national authorities restrict civil society rescue operations.
  • According to thelatest FRA update on NGO search and rescue in the Mediterranean, there are 15 NGO ships and planes involved.
  • The update also provides an overview of legal developments, including open and closed proceedings, since 2017 until 15 December 2020.

Agreement on fishing opportunities in the Atlantic, North Sea, Mediterranean and Black Sea for 2021

Retrieved on: 
Friday, December 18, 2020

Following a two-day intense negotiation, ministers reached an agreement on the catch limits for over 200 commercial fish stocks in the Atlantic, the North Sea, the Mediterranean and the Black Sea for 2021 and, in the case of deep-sea species, for 2021 and 2022.

Key Points: 
  • Following a two-day intense negotiation, ministers reached an agreement on the catch limits for over 200 commercial fish stocks in the Atlantic, the North Sea, the Mediterranean and the Black Sea for 2021 and, in the case of deep-sea species, for 2021 and 2022.
  • The provisional quotas are designed to ensure the continuation of sustainable fishing in the concerned areas until consultations with the UK are concluded.
  • Regarding the fishing opportunities in the Mediterranean and Black Seas, ministers agreed to further reduce demersal fishing efforts in western Mediterranean by 7.5% with a view to sustaining fish stocks in the area.
  • The proposal for the Mediterranean and the Black Sea includes fishing effort and other technical provisions.

50+ Leading Greek shipowners presenting at Capital Link’s Analyst & Investor Day Digital Forum on Wednesday and Thursday, October 21 & 22

Retrieved on: 
Monday, October 19, 2020

This Forum is addressed among others to Ship Managers, Shipowners, Ship Operators, Shipbrokers, Commercial and Investment Bankers, Charterers, Classification Societies, Commodity and Energy Traders, Environmental Maritime Organizations, Industry Associations, Government and Non-Governmental Organizations, Financial and Trade Media, Institutional Investors, P&I Executives, Lawyers and Insurers, Market Analysts and Consultants, Private Equity Firms and offshore industry entities

Key Points: 
  • This Forum is addressed among others to Ship Managers, Shipowners, Ship Operators, Shipbrokers, Commercial and Investment Bankers, Charterers, Classification Societies, Commodity and Energy Traders, Environmental Maritime Organizations, Industry Associations, Government and Non-Governmental Organizations, Financial and Trade Media, Institutional Investors, P&I Executives, Lawyers and Insurers, Market Analysts and Consultants, Private Equity Firms and offshore industry entities
    SUPPORTING SPONSORS: Bermuda Ship Registry ClassNK Danaos Elvictor Group ERMA First Flott & Co. Liberia Registry (LISCR) Marshall Islands Registry Metropolitan College Moore ONEX Shipyards Piraeus Bank RMS Group ShipMedCare
    Founded in 1995, Capital Link is a New York based investor relations, financial communications and advisory firm with a strategic focus on the maritime, commodities and energy sectors, MLPs, as well as Closed-End Funds and ETFs.
  • In addition, Capital Link organizes a series of investment conferences a year in key industry centers in the United States, Europe and Asia, all of which are known for combining rich educational and informational content with unique marketing and networking opportunities.
  • Capital Link is a member of the Baltic Exchange.
  • Based in New York City, Capital Link has presence in London, Athens & Oslo.

We need a new EU strategy for Mediterranean islands to build higher resilience to health and environmental crises

Retrieved on: 
Friday, October 2, 2020

Francina Armengol calls on the European Commission to

Key Points: 
  • Francina Armengol calls on the European Commission to
    devise a new strategy that better aligns EU policies and funding mechanisms to
    the particularities of Mediterranean islands in order to build higher resilience
    to natural disasters and health crises such as the COVID-19 pandemic.
  • In the context of the European Green Deal, what issues are particularly relevant for the Mediterranean islands?
  • The majority of the EU's island inhabitants live on Mediterranean islands.
  • The exceptional richness of Mediterranean ecosystems and their particular vulnerability to socioeconomic development and climate change make the sustainable management of these islands' scarce natural resources a key challenge.
  • The Balearic Islands are a frontrunner in terms of sustainability within the Mediterranean.
  • In fact, the Parliament of the Balearic Islands last year adopted two important laws that go in that direction.
  • The Mediterranean islands are a tourist hotspot, and COVID-19 has shifted the focus from environmental sustainability to economic, social and health management issues related to the way our world functions.
  • What are your concrete proposals for the future of the Mediterranean islands, also in the context of the European Green Deal?
  • We urge the European Commission to devise a strategy for the Mediterranean islands in cooperation with Member States, Permanent Representations in Brussels and local and regional authorities.

DGAP-News: Hamburger Hafen und Logistik AG: HHLA invests in the Adriatic Port of Trieste

Retrieved on: 
Tuesday, September 29, 2020

Hamburger Hafen und Logistik AG: HHLA invests in the Adriatic Port of Trieste

Key Points: 
  • Hamburger Hafen und Logistik AG: HHLA invests in the Adriatic Port of Trieste
    The issuer is solely responsible for the content of this announcement.
  • Chairwoman of the Executive Board, Angela Titzrath: "Strategic expansion of HHLA's port and intermodal network"
    The Hamburger Hafen und Logistik AG (HHLA) is taking a majority stake of 50.01 percent in the multi-function terminal "Piattaforma Logistica Trieste" (PLT) in the Italian seaport of Trieste.
  • With this investment, HHLA is positioning itself in a growing market on the Adriatic whose strategic position offers great opportunities for development.
  • The HHLA rail subsidiary Metrans already connects the Port of Trieste with its European intermodal network.