Archive for the ‘Banking’ Category

Daily Overview of Global Markets & the SEE Region (Thursday, April 16, 2015)

Daily Overview of Global Markets & the SEE Region (Thursday, April 16, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Speaking in the press conference that followed the conclusion of y-day’s ECB policy meeting, President Mario Draghi made clear that speculation...
April 16th, 2015 | Associations, Banking, Company Profiles, European Union, Finance, Markets, News, Organisations, Person Profiles, Politics and Government, Reports, Shipfinance, Statistics, Stock Markets, Tourism | Read More

April ECB meeting: Implementation of expanded APP to support recovery and bring inflation close to 2.0% (15 April 2015)

April ECB meeting: Implementation of expanded APP to support recovery and bring inflation close to 2.0% (15 April 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A At its regular monetary policy meeting on Wednesday 15 April, the ECB Governing Council decided to keep the interest rate on the main refinancing operations and the interest rates on the marginal lending facility...
April 15th, 2015 | Banking, European Union, Finance, HR, Insight, Markets, News, Organisations, Politics and Government, Reports | Read More

The Trumpet: Disruptions around Yemen may add over 6, 000 nautical miles to shipping routes

The Trumpet: Disruptions around Yemen may add over 6, 000 nautical miles to shipping routes
Wednesday 15 April 2015 Generating 400, 000 valuations a year and rising. Email not displaying correctly? View it in your browser. Message us directly! Live Chat is available on all VV pages. Read more about this new service here Seasure Shipbroker Tom Evans, pictured middle,...
April 15th, 2015 | Associations, Communication, Press and Media, Reports, Sales and Purchases, Ship Demolitions, Ship Finance, Shipfinance, Shipping Indices, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, April 15, 2015)

Daily Overview of Global Markets & the SEE Region (Wednesday, April 15, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The ECB governing council convenes later today. With the Central Bank expected to stay put on its monetary policy, market focus will be...
April 15th, 2015 | Associations, Banking, Company Profiles, Consumers Market, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Large equity orders invited to North Sea Dark Pool

Large equity orders invited to North Sea Dark Pool
14/04/2015 Oslo Børs invites large equity orders to return to a regulated stock exchange environment. This will be made possible by the North Sea dark pool. “We want to provide a service to those who currently submit orders to fragmented and unregulated dark pools”, comments Bente A. Landsnes,...
April 14th, 2015 | Banking, Company Profiles, Finance, HR, Markets, Shipfinance, Stock Markets | Read More

Energy International Risk Assessment (EIRA) Newsletter

Energy International Risk Assessment (EIRA) Newsletter
Donna Hatzioannou EIRA, Volume 3 Issue 4 is out  in a special April 2015 Newsletter. The Easter Oil/Energy geopolitical saga at its best: In this issue Greece posses as the key hub in Southern Europe/ the Russian factor; Uncovering the EU Energy Union; Yemen, a dangerous proxy war; Cyprus at the crossroad;...
April 13th, 2015 | Arctic Shipping, Associations, Comment, Construction, Energy, Finance, Gas, LNG, LPG, Markets, Oil Industry, Oil Platforms and Rigs, Reports, Sanctions, Trade and Commerce | Read More

HSH Nordbank finances Frankfurt development project for Tishman Speyer

HSH Nordbank finances Frankfurt development project for Tishman Speyer
Peter Axmann HAMBURG/KIEL HSH Nordbank is providing development financing amounting to EUR 228 million to the Tishman Speyer Group for the development of a high-rise building at the heart of Frankfurt’s financial district. The project is being developed for the latest Tishman Speyer “Value-add”...
April 13th, 2015 | Associations, Banking, Construction, Finance | Read More

Grounded shipping markets need a salvor*…

Grounded shipping markets need a salvor*…
John Faraclas Our fifteenth weekly recapitulation of the shipping markets, their respective main indices and world geopolitics affecting same in 2015, tonight Friday the 10th of April 2015, with John Faraclas of AllAboutShipping in London. The BDI remained the same for three consecutive days at 580...
April 10th, 2015 | Associations, Chartering, Containers, Dry Bulkcarriers, Energy, European Union, Fixtures, Markets, Military, News, Oil Industry, Politics and Government, Sales and Purchases, Ship Demolitions, Ship Finance, Shipfinance, Shipping Indices, Statistics, Stock Markets | Read More

Eurobank’s Regional Monthly April 2015

Eurobank’s Regional Monthly April 2015
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A Regional Economics & Market Strategy Monthly (April 2015) Lower energy prices & ECB QE driving macro developments in the region  REGIONAL MACROECONOMIC DEVELOPMENTS & OUTLOOK 2015-2016 growth...
April 9th, 2015 | Banking, Company Profiles, Consumers Market, Energy, Environment, European Union, Finance, Gas, LNG, Markets, News, Oil Industry, Person Profiles, Politics and Government, Shipfinance, Statistics, Stock Markets, Trade and Commerce | Read More

March FOMC minutes: Higher federal funds rate expected by the end of this year (9 April 2015)

March FOMC minutes: Higher federal funds rate expected by the end of this year (9 April 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A March FOMC minutes: Higher federal funds rate expected by the end of this year The minutes of the March 17-18 FOMC meeting did not yield major surprises.1 There was a considerable disparity of views between...
April 9th, 2015 | Banking, Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, April 9, 2015)

Daily Overview of Global Markets & the SEE Region (Thursday, April 9, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The minutes of the March FOMC policy meeting, published y-day, showed that the Central Bank remains inclined to embark on a rate tightening...
April 9th, 2015 | Banking, Company Profiles, Country Profiles, Energy, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Swedocean joins Danish Maritime Fair as official partner in a venture of global market opportunities.

Swedocean joins Danish Maritime Fair as official partner in a venture of global market opportunities.
April 8, 2015 – Swedocean have teamed up with Danish Maritime Fair, the event taking place in Copenhagen this fall, from 6th to 8th of October, at the old Train Workshop (Lokomotivværkstedet). The venue, as big as 20 football fields, is ready to open its gates for all the maritime companies that...
April 8th, 2015 | Associations, Banking, Communication, Company Profiles, Conferences, Seminars, Forums, Corporate Social Responsibility, Country Profiles, Energy, Environment, Events, Exhibitions, HR, Markets, News, Person Profiles, Ports & Terminals, Press and Media, Shipping Centers, WISTA - Women in Shipping | Read More

Greece Macro Monitor (8 April 2015) Greek GDP NOWcasting

Greece Macro Monitor (8 April 2015) Greek GDP NOWcasting
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A This note presents a preliminary estimate of Greek real GDP for the first quarter of this year, based on a range of data released up to April 6, 2015. Our Nowcasting model produces high frequency, real-time...
April 8th, 2015 | Associations, Banking, Company Profiles, Consumers Market, Energy, Finance, HR, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, April 8, 2015)

Daily Overview of Global Markets & the SEE Region (Wednesday, April 8, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The two-day BoJ policy meeting concluded earlier today with the Central Bank keeping its monetary policy on hold on the view that rising...
April 8th, 2015 | Associations, Banking, Comment, Company Profiles, European Union, Finance, Food and Drink, Markets, News, Person Profiles, Politics and Government, Reports, Sanctions, Shipfinance, Statistics, Stock Markets, Trade and Commerce | Read More

On Sanctions…

On Sanctions…
Nadia A. Zormpa Marine Insurance threatened by Sanctions? Nandia A. Zormpa* writes: Sanctions.  A phenomenon that until recently seemed to have only political aspects. The great impact of sanctions is not only illustrated on financial results for the sanctioned countries but it expands in shipping industry ...
April 7th, 2015 | Associations, Claims, Comment, Corruption, Disputes, Finance, Legal, Maritime Fraud, P and I Clubs, People and Places, Safety and Security, Sanctions, Seizures, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Monday, April 6, 2015)

Daily Overview of Global Markets & the SEE Region (Monday, April 6, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of Asian stock markets kicked off the week on a positive footing after downbeat US data released on Friday stirred speculation...
April 6th, 2015 | Banking, Company Profiles, Finance, Markets, News, Press and Media, Reports, Shipfinance, Statistics, Stock Markets | Read More

DVB Bank to strengthen its Board of Managing Directors with a Shipping expert

DVB Bank to strengthen its Board of Managing Directors with a Shipping expert
Bart Veldhuizen Frankfurt/Main,  2 April 2015 – Bart Veldhuizen (48) has joined the Board of Managing Directors of DVB Bank SE on 1 April 2015. Specifically, he will assume responsibility for the Bank’s Shipping Finance and Offshore Finance divisions in the future. The Bank’s Supervisory...
April 2nd, 2015 | Associations, Banking, Company Profiles, Finance, HR, Markets, Person Profiles, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, April 2, 2015)

Daily Overview of Global Markets & the SEE Region (Thursday, April 2, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Bucking the negative tone in Wall Street overnight following a string of poor US data releases, the majority of major Asian equity markets...
April 2nd, 2015 | Associations, Banking, Company Profiles, Finance, Markets, News, Person Profiles, Shipfinance, Statistics, Stock Markets | Read More

April fool’s day midweek Market blues….

April fool’s day midweek  Market blues….
John Faraclas Unsustainable markets? Corrections? Or what… John Faraclas writes:  The BDI close down six points, going down once again  under the 600 point mark, again in the difficult zone… The Capers and the respective BCI  2014 was the culprit with minus 12 points at 463 points. The Panamaxes...
April 1st, 2015 | Chartering, Fixtures, Markets, News, Reports, Sales and Purchases, Ship Demolitions, Shipfinance, Shipping Indices, Statistics | Read More

HSH Nordbank posts profit in 2014 – strong new business and cost discipline

HSH Nordbank posts profit in 2014 – strong new business and cost discipline
Constantin von Oesterreich, HSH Nordbank posts profit in 2014 – strong new business and cost discipline Net income of € 160 million after taxes (previous year: € -769 million) Strain from guarantee fees and legacy shipping assets Earnings turnaround provides basis for structural changes New business...
April 1st, 2015 | Associations, Banking, Finance, News, Reports, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, April 1, 2015)

Daily Overview of Global Markets & the SEE Region (Wednesday, April 1, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The negative tone in the majority of global equity markets today favored the safe haven appeal of the JPY with the USD/JPY standing close...
April 1st, 2015 | Associations, Banking, Company Profiles, European Union, Finance, Holidays, HR, News, Person Profiles, Politics and Government, Ports & Terminals, Press and Media, Reports, Shipfinance, Statistics, Stock Markets | Read More

Shipping confidence hits two-and-a-half year low on fears about over-tonnaging and low oil prices

Shipping confidence hits two-and-a-half year low on fears about over-tonnaging and low oil prices
Richard Greiner Overall confidence levels in the shipping industry fell during the three months to February 2015 to their lowest level for two-and-a-half years, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. Respondents to the survey...
March 31st, 2015 | Accountancy, Banking, News, Shipfinance | Read More

Diana’s term loan facility with ABN AMRO Bank NV

Diana’s term loan facility with ABN AMRO Bank NV
DIANA SHIPPING INC. ANNOUNCES SIGNING OF A TERM LOAN FACILITY WITH ABN AMRO BANK AND SUBSEQUENT DRAWDOWN OF US$50.16 MILLION  ATHENS, GREECE, March 31, 2015 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced...
March 31st, 2015 | Banking, Dry Bulkcarriers, Markets, News, Shipfinance | Read More

HSH Nordbank participated in the refinancing of Alpha Trains

HSH Nordbank participated in the refinancing of Alpha Trains
Dr. Marcus Kleiner HAMBURG/KIEL HSH Nordbank participated as MLA in the senior bank facilities in the Alpha Trains refinancing. The €1.25bn of new drawn debt facilities are split between €1.125bn senior debt and €125m junior debt. The senior debt is rated Baa2 by Moody’s and BBB by Fitch and...
March 31st, 2015 | Banking, Finance, Logistics, Rail | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, March 31, 2015)

Daily Overview of Global Markets & the SEE Region (Tuesday, March 31, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: With the FOMC Chairman’s recent mildly hawkish remarks still in investors’ ears, the USD retained a positive tone with the EUR/USD...
March 31st, 2015 | Associations, Banking, Company Profiles, Finance, HR, Markets, News, Person Profiles, Shipfinance, Statistics, Stock Markets | Read More