Archive for the ‘Markets’ Category

Contained rise for the BDI@1,450…

Contained rise for the BDI@1,450…
John Faraclas The BDI’s rise earlier on today was more or less …trimmed with a 16 points plus whilst at the UN things were heating up… John Faraclas’ brief report: All indices were on the plus but with minimal or no change… The Capes’ BCI  rose just four points to 1,868… The Panamaxes...
September 25th, 2018 | Chartering, Containers, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Insight, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, September 25, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, September 25, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Major European equity markets opened higher on Tuesday but gains were limited amid prevailing trade war concerns. Elsewhere, 10-yr Bund yields rose slightly above 0.54% today, the highest since 22 May after ECB President Mario Draghi...
September 25th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Transport reassurances needed in the event of a ‘No deal’ Brexit

Transport reassurances needed in the event of a ‘No deal’ Brexit
Ed Thomas The British public are concerned that UK transport networks could be placed under strain in the event of a ‘No Deal’ outcome from Brexit negotiations, according to a survey by KPMG UK. The poll, of 3,044 members of the British public, found that if the UK does not strike a deal with the...
September 25th, 2018 | Associations, Land Trasnport, Logistics, Markets, Ports & Terminals, Rail, Trade and Commerce | Read More

9th Hydra Shipping Conference “Romanticism in Shipping”

9th Hydra Shipping Conference “Romanticism in Shipping”
John Sahinis fifth from the left with speakers and delegates The 9th Hydra Shipping Conference, organized by the Fraternity of the Athenian Hydriots (www.aya.com.gr)  successfully concluded on Saturday , September 15th, 2018 at the Conference Hall of the Holy Cathedral of Hydra, under the auspices of...
September 25th, 2018 | Conferences, Seminars, Forums, Insight, Markets | Read More

The BDI@1,434 …do you have a moonraker…

The BDI@1,434 …do you have a moonraker…
John Faraclas The BDI (Baltic Dry Index) gained 21 points earlier on today and at 1,434 we must admit this is a good restart and hope same lasts for the benefit of all as otherwise with the messy Geopolitics things will continue to be uncertain and sour. John Faraclas’ daily market and Geopolitics...
September 24th, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Confidence slips marginally on geopolitical fears

Confidence slips marginally on geopolitical fears
Richard Greiner 24 September 2018 – Confidence slips marginally on geopolitical fears Shipping confidence dipped very slightly in the three months to end-August 2018, according to the latest Confidence Survey from international accountant and shipping adviser Moore Stephens.  The average confidence...
September 24th, 2018 | Markets, Reports | Read More

New apprentice category for freight awards

New apprentice category for freight awards
Robert Keen The British International Freight Association – www.bifa.org – is to add a new Apprentice of the Year in Logistics category to its annual Freight Service Awards competition. The new award is sponsored by Outsource Training and Development, a leading provider of innovative training,...
September 24th, 2018 | Associations, Awards, HR, Logistics, Trade and Commerce | Read More

AAL continues North America expansion strategy with appointment of Michael Morgan as GM of America

AAL continues North America expansion strategy with appointment of Michael Morgan as GM of America
Michael Morland, AAL General Manager Americas September 24, 2018 – Global multipurpose operator AAL has announced the appointment of Michael Morland to the role of General Manager Americas. Following AAL’s appointment of Marc Schutzbier as its Canadian Commercial Manager at the end of 2017, Michael’s...
September 24th, 2018 | Company Profiles, Liner Shipping and Trade, Markets, Person Profiles | Read More

ICS Announces new edition of Best Practice Safety Guide for Gas Carrier Operators

ICS Announces new edition of Best Practice Safety Guide for Gas Carrier Operators
Cover imageICS Gas Guide The global trade association for ship operators, the International Chamber of Shipping (ICS), has announced that it will soon be publishing a new edition of the ICS Tanker Safety Guide (Liquefied Gas). The ‘ICS Gas Guide’ is the definitive industry best practice guidance...
September 24th, 2018 | Energy, Environment, Gas, Gas Carriers, International Chamber of Shipping, Regulatory | Read More

Daily Overview of Global Markets & the SEE Region (Monday, September 24, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, September 24, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Developments over the last few sessions have increased worries over a hard Brexit scenario. EU leaders rejected the “Chequers plan” at last week’s summit while UK PM Theresa May acknowledged that Brexit talks have hit “an impasse”....
September 24th, 2018 | Banking, Finance, Markets, Shipfinance | Read More

Oslo Børs: PoLight approved for listing

Oslo Børs: PoLight approved for listing
24/09/2018 – Oslo Stock Exchange has resolved to admit the shares in PoLight ASA to listing on Oslo Børs. It is stipulated that the company prior to the first day of listing must satisfy the listing requirements on Oslo Børs.  If the requirements on Oslo Børs are not met, the company will...
September 24th, 2018 | IT and Communications, Markets, Statistics, Stock Markets, Technology | Read More

Proposals for new Brexit statecraft, Launch of Absa Africa Financial Markets Index

Proposals for new Brexit statecraft, Launch of Absa Africa Financial Markets Index
Commentary: Proposals for new Brexit statecraft By Joergen Oerstroem Moeller in Singapore After the failure of the EU Salzburg summit to agree Theresa May’s plan for withdrawal, the chances that Britain will leave without a deal have risen significantly. What is needed is a different statecraft...
September 24th, 2018 | Communication, Events, Conferences,Forums and Symposiums, Markets, Reports | Read More

Chios: Navigator takes us back to our maritime roots!

Chios: Navigator takes us back to our maritime roots!
Danae Bezantakos at the podium introducing the event and welcoming speakers and delegates The kick start of Navigator Forum’s First ever Shipping Decision Makers weekend is now a reality! Our Chian contributor Galatia Paradisis was there with her camera covering this more than timely event at a full...
September 22nd, 2018 | Conferences, Seminars, Forums, Markets, News, Organisations, People and Places, Shipping Centers | Read More

Dry and Wet Markets “swing” back to black, but…

Dry and Wet Markets “swing” back to black, but…
John Faraclas The BDI gained 17 points earlier on today and now reads 1,413; on a weekly basis same was up 47 points (from 1,366) thanks mainly  to the Supras and Handies which “kept” the pace up… Geopolitics are marred with all the issues we have extensively covered all these last six  years....
September 21st, 2018 | Conferences, Seminars, Forums, Events, Markets, Military, News, Oil Industry, People and Places, Piracy and Terrorism, Religion, Reports, Shipping Centers, Shipping Indices, Stock Markets, Tankers | Read More

Edward DeNike, President of SSA Containers Presented with 2018 Connie Award

Edward DeNike, President of SSA Containers Presented with 2018 Connie Award
l to r: Michael DiVirgilio, CII President; Ed DeNike, President of SSA Containers; Mrs. DeNike; Ronald J. Forest, President of Matson Navigation and Sue Coffey, CII Treasurer Edward DeNike, President of SSA Containers presented with 2018 Connie Award in Long Beach, CA Long Beach, CA (September 21, 2018)...
September 21st, 2018 | Awards, Containers, Markets | Read More

Capes fall further with …“rich” pickings for BDI; CAUTION!

Capes fall further with …“rich” pickings for BDI; CAUTION!
John Faraclas The BDI gained 23 points and now stands at 1,396 trying to go over and above the 1,400 point threshold. Geopolitics full of sins govern the day yet again. John Faraclas’ daily recap: The Capes lost another 27 points and the BCI now stands 1,838 points; ultra-caution should be observed...
September 20th, 2018 | Chartering, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Exhibitions, Markets, Military, Reports, Shipping Indices, Tankers | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, September 20, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, September 20, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Risk-on mode continued to prevail in early trade on Thursday on market perception that the direct impact of the US/China trade dispute on the global economy will likely be manageable. Taking their cue from Asian bourses earlier today,...
September 20th, 2018 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

A regulatory approach to fintech, The valuation of energy and infrastructure investments

A regulatory approach to fintech, The valuation of energy and infrastructure investments
.. Commentary: A regulatory approach to fintech By Christine Lagarde in Washington On the one hand, regulators must protect consumers and investors against fraud and combat tax evasion, money laundering and the financing of terrorism. They must also protect the integrity and stability of the financial...
September 20th, 2018 | Events, Conferences,Forums and Symposiums, Finance, Markets, Reports | Read More

Is there hope for the BDI?

Is there hope for the BDI?
John Faraclas The BDI (Baltic Dry Index) gained 17 points earlier on today and now at 1,373 – as on the 20 June, takes a deep breath… Geopolitics once again more than perplexed. John Faraclas daily market briefing: Difficult days lie ahead for all sectors in the markets as nothing much has happened...
September 19th, 2018 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Insight, Markets, News, Shipping Indices, Stock Markets, Trade and Commerce | Read More

Approval in Principle granted for 300MW Floating Storage, Regasification, Power Plant (FSRP)

Approval in Principle granted for 300MW Floating Storage, Regasification, Power Plant (FSRP)
David Barrow, LR Commercial Director – Marine & Offshore presenting the AiP to Maarten Spilker, Wison Solutions Director at Gastech Approval in Principle (AiP) granted for 300MW Floating Storage, Regasification, Power Plant (FSRP) Lloyd’s Register (LR) presents AiP to the shipyard Wison 19 September...
September 19th, 2018 | Classification Societies, LNG, Regulatory, Shipbuilding and Shipyards, Technical, Technology | Read More

Freight association fumes over sulphur surcharge

Freight association fumes over sulphur surcharge
Robert Keen The British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies, has described the container shipping industry’s recent imposition of a ‘sulphur surcharge’ as unjustified and blatant profiteering.  It follows an announcement...
September 19th, 2018 | Associations, Energy, Environment, Logistics, Taxation, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, September 19, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, September 19, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In retaliation to the US administration’s announcement late on Monday of a 10% tariff on an additional $200bn of imports from China, the latter announced yesterday the imposition of duties on $60bn worth of US goods. However, the...
September 19th, 2018 | Banking, Finance, Markets, Reports, Sanctions, Shipfinance, Statistics, Stock Markets | Read More

Measuring geopolitics’ impact on markets, Africa connected

Measuring geopolitics’ impact on markets, Africa connected
… Commentary: Measuring geopolitics’ impact on markets By Elliot Hentov, Alexander Petrov and Fabrizio Zumbo In Alexandre Dumas’s 1844 novel The Count of Monte Cristo, news of an impending revolution in Spain creates financial panic among French investors. Some sell Spanish bonds at...
September 19th, 2018 | Markets, Trade and Commerce | Read More

Opppppps the BDI@1,356

Opppppps the BDI@1,356
John Faraclas – picture by ecopack77 The BDI (Baltic Dry Index) lost just a point thanks primarily to the Supras and Handies and to a leaser extend to the Panamaxes… Geopolitics spot on: more than perplexed. John Faraclas’ brief Market recap: The Capes’ fall continued with the BCI down 27...
September 18th, 2018 | Chartering, Markets, Reports, Shipping Indices, Tankers | Read More

Diana Shipping announces pricing of US$100 Million senior unsecured bond offering

Diana Shipping announces pricing of US$100 Million senior unsecured bond offering
ATHENS, GREECE, September 18, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced the pricing of a US$100 million private placement of senior unsecured bonds maturing in September 2023 and callable...
September 18th, 2018 | Company Profiles, Finance, Markets, Stock Markets | Read More