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Sale & purchase report dated 12 June 2018

06 June 2018

It is no surprise that activity in the second-hand market was down last week, as the Posidonia exhibition and all other events around it managed to keep a big number of perspective Buyers in Greece, taking a short break from SnP dealings.  The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.

Peter Grube

26 April 2019

Peter Grube is Head of Training: Courses and joined BIMCO in 1990. His first position was in the Support & Advice team, where he assisted BIMCO members with a wide range of commercial issues. In 2000 he was appointed Marketing & Sales Director of BIMCO, responsible for promoting and driving forward BIMCO’s global position as a leading maritime organisation. In 2005 he transferred to BIMCO Training, developing, coordinating and delivering BIMCO courses and seminars world-wide. Prior to joining BIMCO he worked in ship ownership in Copenhagen as well as sale & purchase in Greece. He is a graduate from the Danish School for International Marketing & Export and is a Chartered Shipbroker (FICS). He holds a Master’s in Education and Learning from Roskilde University (RUC).

Jonathan Elvey

03 October 2018

Jon Elvey teaches and lectures all over the world for BIMCO. He is known for making complex legal topics interesting, understandable and enjoyable.  Jon spent 37 years with Ince & Co, the leading international London law firm, specializing in maritime disputes in arbitration and litigation. After 15 years in London, Jon moved to Greece to head Inces’ Piraeus office, developing it into a major law practice. Jon has acted for four decades for many of the industry’s biggest shipowners and charterers, advising them on all their commercial issues, with a particular emphasis on cargo, charterparty, shipbuilding and sale and purchase matters. Notably, Jon acted for the successful sellers on the landmark Aktor case which led to a revision of the standard industry contract terms. Jon has written many articles and commentaries on shipping cases. He acted as editor and adviser on the leading textbook on the law of ship sale and purchase.  Jon is now a maritime arbitrator and consultant. He is also a qualified mediator and was one of the founders of an Eastern Mediterranean meditation set.  In his spare time Jon plays jazz piano. He is old enough to remember watching the England soccer team winning the World Cup, something he does not expect to see again in the near future.

Simon Ward

07 July 2017

Simon Ward is FICS, Director, S&P of Ursa Shipbrokers S.A.. Simon started his career at a ship-owning company in Liverpool. He became a ship sale & purchase broker, also in Liverpool, in 1993 before moving to London in 1997. In 2008 he moved to Greece to open and run HSBC Shipping Services Ltd in Piraeus. Despite moving back to London at the end of 2012, he returned to Greece in 2013 to open a new sale & purchase venture in Piraeus with Ursa Shipbrokers. A Member of the Institute of Chartered Shipbrokers since 1995, he was accepted as a Fellow in 2009. He is now also heavily involved with the Instituteʼs education team both in Greece and the UK.

Optimism is tangible, although ship yard overcapacity is the looming danger in the horizon

20 November 2011

If you work a little harder every day and do your work a little better and smarter today than yesterday, you will stand a better chance of running a successful shipping business. Those words of wisdom catch the optimism bubbling at the NAVIGATOR 2011 event in Athens, Greece. A business full of hardship in recent years has only drowned a few of the die-hard optimists within the shipping industry.

Greek shipowners investing the most in newbuilding

03 June 2014

Greek shipowners are not only the most active nation when it comes to sales and purchases, they are also investing the most in newbuilding contracts. Since 2010, contracts made by owners in Greece total USD 51 billion, consistently dwarfing the likes of Norway and China as buyers.

What are Customs Co-operation Agreements (CCAs)?

17 October 2013

For the benefit of its members, BIMCO has made a series of agreements with 15 national customs authorities (Belgium, Canada, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Sweden, the United Kingdom and the United States)- Customs Co-operation Agreements (CCAs)- as a means of mitigating delays and costs resulting from the discovery of drugs aboard a member vessel.