Mountevans Appointed Baltic Exchange Council Chairman
Jeffrey Mountevans has been appointed Chairman of the Baltic Exchange Council, effective January 1, 2023. He succeeds Denis Petropoulos, who has held the position since June 2019.A former Lord Mayor of London (2015/2016) and ex-Clarksons shipbroker, Mountevans is an elected hereditary cross-bench member of the House of Lords where he plays an active role on maritime, defense and Reserves and Cadet issues. He was made an Honorary Life Member of the Baltic Exchange in 2016.The Baltic Exchange Council is the Baltic Exchange's governing body which sets its strategy for membership servicesâŚ
Baltic Exchange Appoints Strategic Carbon Lead
The Baltic Exchange has appointed former RightShip Chief Executive Martin Crawford-Brunt as a Strategic Carbon Lead. The Baltic Exchange recently introduced carbon assessments alongside its spot dry bulk charter rate assessments and is expanding its role to support market mechanisms aimed at reducing CO2 emissions from the shipping sector.Baltic Exchange Chief Executive Mark Jackson said, âThe Baltic Exchange is laying the foundations for consistency in the way in which carbon is priced into seaborne freight.
Petropoulos New Baltic Exchange Chair
Denis Petropoulos has been elected Chairman of the Baltic Exchange Council with effect from June 1, 2019. He replaces Duncan Dunn who has held the position since January 2018. Denis Petropoulos was a founding partner of Braemar Tankers Ltd and remains a significant shareholder at Braemar Shipping Services PLC. He most recently headed up Braemar's Singapore office for seven years, before returning to the UK.He has been a Baltic Exchange Member since 1999 and has held positionsâŚ
Anticipating Market Change Crucial for Industry - Braemar
Being in a position to accurately anticipate change in the shipping markets is becoming ever more crucial for maritime service providers, as owning principals demand more solutions to the problems created by over-ordering, according to Braemar Group Asia President Denis Petropoulos. Speaking at a press conference during Singapore Maritime Week, Mr Petropoulos said this need for in-depth industry knowledge and experience in understanding how to deal with market downturns means that shipping service clusters like Singapore would find themselves in a strong position when the times start to improve. âOwners and charterers rely on these servicesâŚ
Braemar Completes Merger with ACM Shipping
Braemar Shipping Services plc has completed the merger with ACM Shipping Group Plc (âACMâ). ACM will merge with Braemar Seascope, the shipbroking division of Braemar Shipping Services, to form a new combined shipbroking business, which will trade as Braemar ACM Shipbroking. Braemar ACM Shipbroking brings together two leading shipbroking companies and builds on their complementary strengths in tanker and dry cargo chartering and sale and purchase. The combined business will enable Braemar ACM Shipbroking to provide enhanced worldwide market coverage in these sectors as well as in the Offshore and Containers sectors. Now that the merger has completedâŚ
U.K. Government Ministers to Speak at LISW
The U.K. Government has put its support firmly behind the inaugural London International Shipping Week (LISW) by confirming two of its Ministers as main speakers at the LISW Conference to be held at the Lloydâs Building on Thursday, September 12. Lord Green of Hurstpierpoint, Minister for Trade and Investment will address delegates on the key issue of Londonâs role in propelling world trade while the Rt Hon Stephen Hammond, Parliamentary Under Secretary of State for Transport and the Shipping Minister, will give a keynote address emphasizing Londonâs position at the center of world trade, shipping and maritime services. Confirmed speakers include The Lord Mayor of the City of LondonâŚ
London International Shipping Week: Speaker Line-up
Shipping industry heavyweights as well as City of London financial services luminaries dominate the line-up so far confirmed. Speakers so far confirmed include The Lord Mayor of the City of London, Alderman Roger Gifford; Koji Sekimizu, Secretary General of the International Maritime Organization; Masamichi Marooka, Chairman of the International Chamber of Shipping (ICS) as well as John Denholm, President of BIMCO. Peter Hinchliffe, Secretary General of the International Chamber of Shipping and the International Shipping Federation, will also speak. Other notable speakers who have so far confirmed their attendance include Grantley BerkeleyâŚ
Braemar Shipping Appoints New Chief Executive
The board of Braemar Shipping Services PLC (âBraemarâ, âthe Groupâ or âthe Companyâ) is pleased to announce the appointment of James Kidwell as Chief Executive with effect from today. James Kidwell, age 50, is Group Finance Director and has worked for Braemar in that role since June 2002. He succeeds Alan Marsh, who will retire as chief executive today and from the board on 31st July 2012. Alan Marsh has, however, agreed to continue to play an active role in the Shipbroking division. In addition, Quentin Soanes, following his appointment as Chairman of the Baltic Exchange, will also retire from the board on 31st July 2012 but will remain responsible for the Groupâs Technical, Logistics and Environmental divisions.
Tight Credit Squeezes Maritime Industry
âLiquidity has come back to some extent,â said Oliver Ebner, Senior Manager, Project and Structured Finance for the National Bank of Abu Dhabi. Ebner is one of a panel of speakers lined up to address a special session on financing the industry in the global economic slowdown at Middle East Money & Ships, the regionâs premier networking event for senior executives from the maritime and finance sectors. The conference from 7-8 October 2009 at the Grand Hyatt Hotel, Dubai, will also assess the continued appetite for investment in shipping, the likely pattern for recovery, where the money will come from as well as providing a realistic assessment of the current order book.