Interference with GPS and AIS in the Mediterranean

Over the past few months, several incidents of interference with GPS and AIS has been detected in the Eastern Mediterranean region.

• News story
• Security
• Mediterranean

Threat Assessment Releasable to Industry (TARI) for the Mediterranean

NATO's Maritime Command has released this threat assessment for the Mediterranean. It assesses the security risks to shipping in the Mediterranean as low, elaborating on topics such as migrants, drug smuggling, maritime terrorism and spillovers from the conflicts in Libya and Syria.

• News story
• Security
• Mediterranean

Jon Elvey

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 mediation 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.

Container Shipping - Historical rise in freight rates on main trading lanes is bettering the outlook for now, despite the large number of ships in layup

Towards the end of 2011, we got the first indication that liner companies were winning “the pricing battle” against shippers on the level of freight rates on the main lanes from Far East to Europe and the Mediterranean.

• Market analysis
• Container

Libya getting back into tanker business

Hope for resumed activity in the oil tanker business is growing as the rebellion in Libya appears to be near a conclusion. Tanker shipping has been hurt by the lack of cargoes out of Libya for half a year now. Oil majors and oil service companies are right now getting back to Libya to assess the conditions of the facilities. It is hoped that the oil production can restart soon, opening up for renewed fixing of tankers to lift Libyan oil exports. Without Libyan oil exports, there is no hope for improvements in the tanker rates in the Mediterranean.

• Market analysis

BIMCO warns that rescuing migrants at sea remains a health, safety and security risk for seafarers

BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of distressed migrants in the Mediterranean Sea.

• Press release
• Priority news
• Security
• Migration
• Crew support

Tanker market report dated 29 November 2019

This week has seen freight rates for both clean and dirty Handies in the Black Sea and Mediterranean surge to record levels, showing some of same extreme volatility that the VLCCs saw just a month ago, albeit not for the exact same reasons. The weekly tanker market report by Gibson Shipbrokers.

• Market reports
• Tanker reports

Tanker market report dated 2 March 2018

Ice class frozen out: This week, much of Europe has been blanketed in snow as cold weather has spread as far south as the Mediterranean coast. With temperatures across the continent as low as -30C (-22F), now might be the perfect opportunity to talk about the ice class fleet. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

• Market reports
• Tanker reports

Dry cargo fixture and market reports dated 21 February 2018

SUPRAMAX: Brokers said there was more activity from the east Mediterranean and east coast South America but so far little came to light.  The Baltic Exchange daily fixture report features daily updates on the Baltic exchange indexes, timecharters, periods, voyage fixtures and is listed by ship name, size, delivery place and freight rate. The weekly dry bulk market report by the Baltic Exchange contains news impacting the following segments; capesize, panamax, supramax and handysize. 

• Market reports
• Dry bulk reports

Dry cargo fixture and market reports dated 19 April 2018

SUPRAMAX: The Atlantic market was reported to be lacking of activity this week in general with a longer tonnage list building up in the Mediterranean.  The Baltic Exchange daily fixture report features daily updates on the Baltic exchange indexes, timecharters, periods, voyage fixtures and is listed by ship name, size, delivery place and freight rate. The weekly dry bulk market report by the Baltic Exchange contains news impacting the following segments; capesize, panamax, supramax and handysize. 

• Market reports
• Dry bulk reports