Archive for the ‘Markets’ Category

Uncertainty for both Dry and Wet Markets

Uncertainty for both Dry and Wet Markets
John Faraclas The BDI ended up earlier on today at 1,385 points – plus 14 since last Friday’s 1,371 points, thanks mainly to the Capers and to a lesser extent the Supras… The Geopolitics still in limbo. John Faraclas’ brief market note: The Capers’ BCI was up 61 points at 3,214...
November 20th, 2017 | Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Markets, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Monday, November 20, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, November 20, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE: According to press reports, in spite of the significant number of prior actions that are still pending, a staff level agreement for the 3rd programme...
November 20th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Liberia strikes blow for global shipping with challenge to Brazilian court ruling

Liberia strikes blow for global shipping with challenge to Brazilian court ruling
Scott Bergeron The Liberian Registry, in co-operation with the International Chamber of Shipping (ICS), has succeeded in helping the holder of a Liberian mortgage to overturn a decision of the Brazilian courts which, if left uncontested, could have had serious adverse legal and economic consequences...
November 20th, 2017 | Associations, Banking, Energy, Flags, International Chamber of Shipping, Legal, Markets, Oil Industry, Oil Platforms and Rigs, Shipfinance | Read More

Oslo Børs: Merkur Market companies nominated for awards in Brussels

Oslo Børs: Merkur Market companies nominated for awards in Brussels
Merkur Market companies nominated for awards in Brussels 20/11/2017 Companies listed with Oslo Børs have been nominated in three of the four categories of the European Commission’s European Small and Mid-Cap Awards, which are awarded to European companies that have recently listed on a stock exchange. ...
November 20th, 2017 | Awards, Markets, News, Statistics, Stock Markets | Read More

The BDI@1,371: volatility and uncertainty at its best…

The BDI@1,371: volatility and uncertainty at its best…
John Faraclas The BDI managed ten points plus since yesterday thanks to the volatile Capers as all other Dry Indices dive! The wets with mixed feelings in an overall downwards week with plentiful of Geopolitical mess… John Faraclas daily and weekly recap: The BDI as said in the preamble gained ten...
November 17th, 2017 | Anniversaries, Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Trade and Commerce | Read More

“K” Line Group introduces new Total Auto-Logistics Business in Chile

“K” Line Group introduces new Total Auto-Logistics Business in Chile
KAR Logistics S.A. (hereinafter shown as KAR*), Joint Venture Company between “K” Line and Agencias Universales S.A.(AGUNSA), which handles Total Logistics Services in Chile and other South and Latin American, has started Auto-Logistics service in Santiago, Chile from Aug, 2017. Customer requirements...
November 17th, 2017 | Automobiles, Trade and Commerce | Read More

Diana Containerships Inc. reports Financial Results for Q3 and Nine Months ended September 30, 2017

Diana Containerships Inc. reports Financial Results for Q3 and Nine Months ended September 30, 2017
ATHENS, GREECE, November 17, 2017 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today reported a net loss of $8.7 million for the third quarter of 2017, compared to a net loss of $126.8 million for the same...
November 17th, 2017 | Accountancy, Company Profiles, Container shipping, News, Reports, Shipmanagement, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, November 17, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, November 17, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The 435-seat US House of Representatives approved its tax draft plan late on Thursday with 227 Republican in favor votes. All Democrats...
November 17th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@1,361: further, but milder fall

The BDI@1,361: further, but milder fall
John Faraclas The BDI fell another 13 points earlier on today, a bit of  a milder fall as the losses for both Capers and Panamaxes as well as for the Supras have been halved. Geopolitics still an issue, greatly affecting the trade and, coupled with a real credit crunch, might lead to disasters. John...
November 16th, 2017 | Anniversaries, Art and auctions, Dry Bulkcarriers, Events, Exhibitions, Food and Drink, LNG, Markets, Military, News, Oil Industry, Paintings and Sculpture, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Diana fixes m/v Naias on period t/c with Phaethon

Diana fixes m/v Naias on period t/c with Phaethon
ATHENS, GREECE, November 16, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International...
November 16th, 2017 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Stock Markets | Read More

New legal commentary on CMR uncovers Danish and international jurisprudence

New legal commentary on CMR uncovers Danish and international jurisprudence
Ulla Fabricius The inclusion of additional protocols to the CMR Convention in Danish legislation gave access to the possibility of establishing electronic freight agreements and communications for international road transport in Denmark. Lawyer and partner Ulla Fabricius has prepared a new legal commentary...
November 16th, 2017 | Insight, Land Trasnport, Legal, Logistics, Person Profiles, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, November 16, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, November 16, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The US House of Representatives is scheduled to vote on its tax reform plan later today while the Senate continues to make adjustments...
November 16th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

RMT on Condor’s intention to bid for Jersey-Guernsey ferry service

RMT on Condor’s intention to bid for Jersey-Guernsey ferry service
Mick Cash MARITIME UNION RMT today issued a warning today that ferry company Condor’s intention to bid for the new inter-island service between Jersey and Guernsey would herald bad news for terms and conditions in the shipping industry were they to be successful. Condor, an exploitative employer that...
November 16th, 2017 | Cruise Ferry, HR, Labour Disputes, Manning - Seafarers and Offshore, Ro-Ro and Passenger Ferries | Read More

Falling BDI@1,374 raises concerns…

Falling BDI@1,374 raises concerns…
John Faraclas The BDI (Baltic Dry Index) lost 31 points earlier on today, thanks merely to the Capers losing 101 points – another triple-digit loss… The Geopolitical situation is more than grave; John Faraclas’ brief midweek recap: So what’s up with the Dry Market? The GAP widens now with 873...
November 15th, 2017 | Dry Bulkcarriers, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

INTTRA unveils a new suite of applications boosting operational effectiveness

INTTRA unveils a new suite of applications boosting operational effectiveness
John Fay New INTTRA C-FAST reduces manual effort by up to 40% Parsippany, N.J., and Singapore, November 15, 2017– INTTRA, the largest neutral electronic transaction platform, software and information provider at the center of the ocean shipping industry, today announced two new cloud-based...
November 15th, 2017 | IT and Communications, Marine Equipment Products and Services, News, Trade and Commerce | Read More

Celestyal Cruises announces its 2019 itineraries

Celestyal Cruises announces its 2019 itineraries
Kyriakos Anastassiadis Beloved Aegean Cruises Combine Marquee Destinations with Hidden Gems 71 Total Iconic Calls Scheduled for 2019, A Nine Percent Increase Piraeus, Greece: Celestyal Cruises announced its 2019 Itineraries, which will bring its passengers to the best of the Aegean. All cruises depart...
November 15th, 2017 | Cruise Industry, Food and Drink, Holidays, Maritime Tourism, Tourism | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 15, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 15, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The EUR retained a firm tone in European trade on Wednesday supported by Germany’s firmer than expected Q3 GDP data released in the...
November 15th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

“K” Line News: Delivery of 311,000 DWT-type VLCC “KISOGAWA”

“K” Line News: Delivery of 311,000 DWT-type VLCC “KISOGAWA”
The VLCC “KISOGAWA” Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “KISOGAWA,” a 311,000 DWT-type VLCC at Nantong Cosco KHI Ship Engineering Co., Ltd (hereafter called NACKS), China on November 15, 2017. Main Particulars LOA 339.50 m DWT...
November 15th, 2017 | News, Shipbuilding and Shipyards, Tankers, Technical, Technology | Read More

CAPAS trade show continues to serve the automotive industry in Southwest China

CAPAS trade show continues to serve the automotive industry in Southwest China
… Six theme zones to display strengthened product offerings Fringe programme enhances knowledge sharing opportunities, catering to regional end-users’ demands The Chengdu International Trade Fair for Automotive Parts and Aftermarket Services (CAPAS) proactively caters to regional trends whilst...
November 15th, 2017 | Associations, Automobiles, Events, Conferences,Forums and Symposiums, Exhibitions | Read More

Capers’ fall bring the BDI@1,405… Geopolitics a burden for all…

Capers’ fall bring the BDI@1,405… Geopolitics a burden for all…
John Faraclas The BDI lost another 40 points earlier on today and Geopolitics might make the world collapse earlier than anticipated. John Faraclas’ daily briefing: The Capers loss today was a three-digit figure; 142 points down with the BCI now standing at 3,209 points… The Panamaxes were also down;...
November 14th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

BIFA shares Parliament’s concerns over Customs plans post-Brexit

BIFA shares Parliament’s concerns over Customs plans post-Brexit
Robert Keen The British International Freight Association (BIFA) says that the House of Commons Public Accounts Committee is right to have concerns over the government and HMRC’s plans for Customs procedures post-Brexit. Commenting after the publication of a report by the Committee, the trade association...
November 14th, 2017 | Associations, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 14, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 14, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Germany’s real Q3 GDP rose by a higher than expected 0.8%QoQ mainly supported by net exports and capex spending following an upwardly...
November 14th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Greek business leaders are urged to step up cooperation with Bahrain

Greek business leaders are urged to step up cooperation with Bahrain
L to r: Osama Mohamed al Arrayed (secretary for industry affairs), Christos Kopelouzos, Nicholas Vafias, MPs Miltiadis Varvitsiotis and Adonis Georgiadis of ND, Paris Kalitzantzis, Sheik Salman bin Khalifa, Harry Vafias, Tuwfic Khoury, Terry Andis, George Koutsolioutsos and two secretaries of the Kingdom...
November 14th, 2017 | Events, Mergers and Acquisitions, Trade and Commerce | Read More

BDI@1,455: the fall continues; “gains” for the Wets

BDI@1,455: the fall continues; “gains” for the Wets
John Faraclas Another bad start for the Dry Markets amid another upcoming Geopolitical turmoil… John Faraclas daily recap: The BDI lost 19 points earlier on today with all dry indices falling… the Gap widens now at 792 points from the 2,247 points as of 31 Dec. 2013… The Capers lost nine points,...
November 13th, 2017 | Awards, Events, Conferences,Forums and Symposiums, Markets, Military, News, Piracy and Terrorism, Shipping Indices, Statistics, Tankers | Read More

Daily Overview of Global Markets & the SEE Region (Monday, November 13, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, November 13, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Worries over the prospects of the US tax reform bill prevailed in European trade on Monday. Taking their cue from Wall Street’s losses on...
November 13th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More