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Greek Shipping News

16 February, 2015

CHINA SEEKS 'PROTECTION OF RIGHTS' IN LIGHT OF PORT PLANS
Chinese Premier Li has urged Greece’s new leftist Prime minister Tsipras to ensure protection of the rights of China’s companies and backing for a key port project, says Chinese Foreign ministry.

BALTIC DRY INDEX HITS ALL-TIME LOW OF 553 POINTS
February 11 the BDI fell to its lowest level ever recorded... 553 points, as capesize, supramax and handysize earnings all retreated. The BDI  opened the week at 554, which matched the low reached in 1986.

GOVERNMENT'S INITIAL POLICY STATEMENTS ON SHIPPING ARE VAGUE
The government's policy announcements in parliament this week shed little light on its plans for shipping, other than stress the industry's standing as a flagship of the country's economy.

SALE OF  VLCCS SEES NAVIOS ACQUISITION END 2014 STRONGLY
Navios Maritime Acquisition has returned to profit in the fourth quarter, lifting its annual result into the black, a result built on the sale of four VLCCs to spin-off Navios Maritime Midstream Partners.

WORLD SHIPPING COUNCIL: DON'T RATIFY UN'S  BWM CONVENTION
With ratification of the UN's ballast water treatment convention looming, the World Shipping Council claims there is no globally accepted ballast water treatment technology to do the job.

 


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Posidonia is organised under the auspices of the Greek shipping community and the five major associations representing Greek shipowner interests: