Archive for the ‘Markets’ Category

Capes upturn… Geopolitics blues…

Capes upturn… Geopolitics blues…
John Faraclas The BDI (Baltic Dry Index) ended up today another 26 points and now stands at 1,741 points – thanks once again to the Capes; Geopolitics might create tsunamis of incalculable levels. John Faraclas’ brief recap: The Capes continued its unprecedented rise and the BCI earned another 97...
July 17th, 2018 | Chartering, Dry Bulkcarriers, Markets, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, July 17, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, July 17, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US retail sales rose by 0.5%mom in June mainly on the back of a 0.9%mom gain in motor vehicle sales, following an upwards revised increase of 1.3%mom in May, the largest since September 2017. Solid US June retail sales, together with...
July 17th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@1,695 holds well…

The BDI@1,695 holds well…
John Faraclas Once again the Capes managed to keep the BDI (Baltic Dry Index) afloat reviving the hopes of the industry, but once again: one size doesn’t make a market, so caution for all as Geopolitics are still very perplexed and we wonder what next. John Faraclas’ brief market: The BDI gained...
July 16th, 2018 | Chartering, Markets, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Diana signing and drawdown of US$ 75 mio term loan facility with BNP Paribas

Diana signing and drawdown of US$ 75 mio term loan facility with BNP Paribas
DIANA SHIPPING INC. ANNOUNCES SIGNING AND DRAWDOWN OF A US$75 MILLION TERM LOAN FACILITY WITH BNP PARIBAS ATHENS, GREECE, July 16, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that on July...
July 16th, 2018 | Banking, Dry Bulkcarriers, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, July 16, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, July 16, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Core government bonds retained a firm tone in European trade on Monday following the release of the FOMC’s semi-annual Monetary Policy Report to the US Congress on Friday where the Central Bank reiterated that “further gradual...
July 16th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Uncertain and perplexed markets and …geopolitics

Uncertain and perplexed markets and …geopolitics
John Faraclas – picture by ecopack77 The BDI (Baltic Dry Index) gained another 34 points and now reads 1,666; 44 points better off since last week’s 1,622 points. Volatility is here to stay and same together with perplexity applies for the messy Geopolitics; John Faraclas’ daily and weekly...
July 13th, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

COA launches re-designed website

COA launches re-designed website
The Container Owners Association has launched its new, re-designed, website – Members and other interested organisations are invited to visit it. See: www.containerownersassociation.org The aim of the new design is to provide easy access to the various activities that are being undertaken by the...
July 13th, 2018 | Associations, Communication, Containers, IT and Communications | Read More

UK freight forwarders association expresses mixed feelings on Brexit White Paper

UK freight forwarders association expresses mixed feelings on Brexit White Paper
Robert Keen Responding to yesterday’s White Paper outlining the UK Government’s proposed future relationship between the UK and European Union after Brexit, Robert Keen, Director General of the British International Freight Association (BIFA) expressed mixed feelings about its contents. “The...
July 13th, 2018 | Comment, European Union, News, Organisations, Politics and Government, Port Conditions, Ports & Terminals, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Friday, July 13, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, July 13, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US CPI rose 2.9%YoY in June, the biggest annual increase in nearly 6 ½ years and core CPI increased to an 18-month high of 2.3%YoY, supporting the case for two additional Fed rate hikes by the end of this year. Turning to FX markets,...
July 13th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Volatility knocks again…CAUTION!

Volatility knocks again…CAUTION!
John Faraclas The BDI (Baltic Dry Index) ended earlier on today at 1,632 points, 42 higher than yesterday “thanks” to the volatile as ever Capes. Geopolitics remain more than perplexed… John Faraclas’ daily brief: The Capes’ BCI surpassed once …again the 3,000 point threshold – actually...
July 12th, 2018 | Events, Insurance and Reinsurance, Legal, Marine Insurance, Shipping Indices, Social Columns, Statistics, Stock Markets | Read More

Dynama: Consolidation in the offshore industry – what does it mean for workforce planning?

Dynama: Consolidation in the offshore industry – what does it mean for workforce planning?
Lee Clarke Consolidation in the offshore industry – what does it mean for workforce planning? According to Lee Clarke at Dynama, today’s mega mergers and alliances signal a tremendous business opportunity but what is the impact on workforce planning?  Here he takes us through the challenges and...
July 12th, 2018 | Energy, HR, Manning - Seafarers and Offshore, Mergers and Acquisitions | Read More

TOC Europe 2018 hits record attendance with focus on smart, collaborative future

TOC Europe 2018 hits record attendance with focus on smart, collaborative future
From the latest TOC London, 12 July 2018 – TOC Europe, the world’s leading exhibition and conference hub for global port and terminal operators, container supply chain professionals and technology providers, welcomed close to 4,000 industry executives at its 43rd edition in Rotterdam this June. The...
July 12th, 2018 | Automobiles, Canals, Containers, Events, Conferences,Forums and Symposiums, Exhibitions, Inland Waterways, Land Trasnport, Logistics, Port Conditions, Ports & Terminals, Rail, Trade and Commerce | Read More

Damen supporting European shipbuilding with NAVAIS coordination

Damen supporting European shipbuilding with NAVAIS coordination
Damen Road Ferry 8117 Artist Impression EC-funded programme to improve sustainability in shipbuilding and maintain Europe’s leading role in complex vessel construction Damen Shipyards Gorinchem, in close cooperation with Netherlands Maritime Technology (NMT), is to coordinate the NAVAIS programme....
July 12th, 2018 | Marine Equipment Products and Services, Ro-Ro and Passenger Ferries, Shipbuilding and Shipyards, Taxation, Technical | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, July 12, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, July 12, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global stocks and commodities rebounded in early trade on Thursday with markets trying to consolidate from y-day’s sell-off due to the escalation of the trade dispute between the US and China following the US Trade Representative’s...
July 12th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

New export director at LIQUI MOLY

New export director at LIQUI MOLY
Salvatore Coniglio Salvatore Coniglio wants to further internationalize the company July 2018 – German oil and additive specialist LIQUI MOLY has a new director for its increasingly important export business: Salvatore Coniglio (50). He was previously the deputy export director. “We will reinforce...
July 12th, 2018 | Automobiles, Company Profiles, Markets, Oil Industry, Person Profiles | Read More

Dry Market Volatility and Geopolitics Mayhem

Dry Market Volatility and Geopolitics Mayhem
John Faraclas The BDI (Dry Baltic Index) despite gaining 31 points since yesterday , looks volatile and vulnerable; geopolitics might redraw European and World order. John Faraclas’ midweek recap: The BDI now stands at 1,586 points thanks to the Panamaxes’ maintained low-level surge – 64 points...
July 11th, 2018 | Chartering, Dry Bulkcarriers, European Union, Markets, News, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, July 11, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, July 11, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Trade dispute between the US and China continues to escalate. In response to China’s retaliatory measures following the US imposition of an additional 25% duty on Chinese goods with an annual trade value of c. $34bn, effective from...
July 11th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

EEAC Kick Off Meeting

EEAC Kick Off Meeting
Wim Groenendijk, President at Gas Infrastructure Europe (GIE) presenting Poseidon Med II / External Expert Advisor Committee Meeting On June 22nd 2018 the External Expert Advisory Committee (EEAC) held its opening meeting at the Piraeus Marine Club. The event was marked by the attendance of top Professionals...
July 11th, 2018 | Bunkering, Conferences, Seminars, Forums, LNG | Read More

Market uncertainty drives down the BDI now at 1,555…

Market uncertainty drives down the BDI now at 1,555…
John Faraclas The BDI dropped further down earlier on today at 1,555 – minus 54 points amid a geopolitical mayhem! John Faraclas’ brief recap: The Capes’ BCI witnessed a three digit fall – 224 points and now stands at 2,792 points; CAUTION! If it wasn’t for the Panamaxes’ rise the BDI...
July 10th, 2018 | Chartering, Containers, Dry Bulkcarriers, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

MAN to Deliver Propulsion Solution for LNG-Fuelled ME-GI Containerships

MAN to Deliver Propulsion Solution for LNG-Fuelled ME-GI Containerships
Rendering of the new Pasha Hawaii containership (picture courtesy Pasha Hawaii) MAN Energy Solutions has won the order to provide the propulsion systems for 2 × 2,525-teu containership newbuildings, which will join the fleet of Pasha Hawaii, the U.S. Jones Act carrier in the Hawaii trade lane. Each...
July 10th, 2018 | Containers, Marine Equipment Products and Services, Markets, Shipbuilding and Shipyards, Technical, Technology | Read More

Diana fixes panamax bulker “Maera” on period

Diana fixes panamax bulker “Maera” on period
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER  CONTRACT FOR M/V MAERA WITH ST SHIPPING ATHENS, GREECE, July 10, 2018 – 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...
July 10th, 2018 | Chartering, Dry Bulkcarriers, Markets, Statistics, Stock Markets | Read More

Diana Containerships extends “Domingo’s” period t/c CMA CGM

Diana Containerships extends “Domingo’s” period t/c  CMA CGM
.. DIANA CONTAINERSHIPS INC. ANNOUNCES DIRECT CONTINUATION OF TIME CHARTER CONTRACT FOR M/V DOMINGO WITH CMA CGM ATHENS, GREECE, July 10, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced...
July 10th, 2018 | Chartering, Container shipping, Containers, Fixtures, Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, July 10, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, July 10, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In protest against UK PM Theresa May’s soft Brexit plan on the future UK/EU relationship, Foreign Secretary Boris Johnson also resigned, just a few hours after David Davis quit as Brexit Secretary, raising the risk of an imminent...
July 10th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

North P&I Club And 24Vision Sign Partnership Agreement

North P&I Club And 24Vision Sign Partnership Agreement
Paul Jennings 10 July, 2018 – North P&I Club and 24Vision announced today that they have entered into a partnership agreement, with effect from 1 July 2018, to provide P&I insurance to charterers and small ship operators.   As part of 24Vision’s wider service proposition to their marine...
July 10th, 2018 | Mergers and Acquisitions, P and I Clubs | Read More

Turbulent Markets; Turbulent Geopolitics…

Turbulent Markets; Turbulent Geopolitics…
John Faraclas The BDI lost 13 points earlier on today and now stands at 1,609… The Geopolitics take a perplexed twist and turn and among other issues there has been major events in British Politics due to the ongoing BREXIT saga. A different wold since last Friday… John Faraclas’ brief recap: The...
July 9th, 2018 | Chartering, Dry Bulkcarriers, LNG, Markets, Military, News, Piracy and Terrorism, Politics and Government, Rowing, Shipping Indices, Sports, Statistics, Stock Markets | Read More