Archive for the ‘Markets’ Category

GLOBAL & REGIONAL DAILY (Thursday 9, April 2020)

GLOBAL & REGIONAL DAILY (Thursday 9, April 2020)
. GLOBAL & REGIONAL DAILY (Thursday 9, April 2020)  GLOBAL & REGIONAL DAILY HIGHLIGHTS  April 9, 2020 Global Markets All eyes are on the Eurogroup that will continue deliberations by teleconference today (17:00 CET) to reach an agreement on the joint political response to the COVID-19 crisis....
April 9th, 2020 | Banking, Finance, Health and Safety, Markets, Reports, Statistics, Stock Markets | Read More

Uncertainty Rules the Markets, Geopolitics AND Coronavirus

Uncertainty Rules the Markets, Geopolitics AND Coronavirus
John Faraclas by GTP Uncertainty Rules the Markets, Geopolitics AND Coronavirus The BDI (Baltic Dry Index) clinched 11 points earlier on today and now stands at 607, regaining the 600 point threshold; Geopolitics might develop total mess all over Planet Ocean and Coronavirus, this unprecedented anathema,...
April 8th, 2020 | Chartering, Headlines, Health and Safety, HR, Insight, Manning - Seafarers and Offshore, Markets, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

Stena Line plans to close the Trelleborg-Sassnitz route

Stena Line plans to close the Trelleborg-Sassnitz route
Sassnitz Stena Line plans to close the Trelleborg-Sassnitz route  On Saturday 14 March Stena Line suspended the operation of the ferry route between Trelleborg in Sweden and Sassnitz in Germany until further notice. Today, 8 April, the Company announced plans for the permanent closure of the route,...
April 8th, 2020 | HR, Ro-Ro and Passenger Ferries, Trade and Commerce | Read More

AET and TOTAL agree Time Charter for two LNG dual-fuel VLCCs

AET and TOTAL agree Time Charter for two LNG dual-fuel VLCCs
. AET and TOTAL agree Time Charter for two LNG dual-fuel VLCCs 7 April 2020, Singapore – AET, a leading energy logistics provider, announced today an agreement with Chartering and Shipping Services SA, (a wholly owned subsidiary of Total SA) for the time charter of two LNG dual-fuel VLCCs. The two...
April 7th, 2020 | Bunkering, Chartering, LNG, Markets, Tankers | Read More

GLOBAL & REGIONAL DAILY (Tuesday 7, April 2020)

GLOBAL & REGIONAL DAILY (Tuesday 7, April 2020)
. GLOBAL & REGIONAL DAILY (Tuesday 7, April 2020) GLOBAL & REGIONAL DAILY HIGHLIGHTS April 7, 2020 Global Markets Risk-on mode prevailed in early trade with global equity markets gaining for the second session in a row, on tentative signs of a slowdown in the spread of the COVID-19 in some countries....
April 7th, 2020 | Banking, Finance, Markets, Reports, Statistics, Stock Markets | Read More

Marine Money Webinar Series: Marsoft on the Oil and Tanker Market Outlook

Marine Money Webinar Series: Marsoft on the Oil and Tanker Market Outlook
  Marine Money Webinar Series: Marsoft on the Oil and Tanker Market Outlook REGISTER FOR WEDNESDAY’S WEBINAR HERE This Webinar: Oil and Tanker Outlook – Key Issues and Opportunities The synchronized, global market shaking forces of COVID-19 Coinciding with the bottom falling out on...
April 6th, 2020 | Banking, Oil Industry, Oil Platforms and Rigs, Shipfinance, Tankers | Read More

Stena Line to furlough 600 employees and make 150 redundant in UK and the Republic of Ireland due to COVID-19

Stena Line to furlough 600 employees and make 150 redundant in UK and the Republic of Ireland due to COVID-19
. Stena Line to furlough 600 employees and make 150 redundant in UK and the Republic of Ireland due to COVID-19 Gothenburg, Sweden. 6th April 2020: Stena Line has announced that it plan to furlough 600 employees with 150 redundancies across the UK and the Republic of Ireland. This urgent...
April 6th, 2020 | Markets, Ro-Ro and Passenger Ferries | Read More

Lloyd’s Register chosen for LNG Canada export terminal project in Kitimat

Lloyd’s Register chosen for LNG Canada export terminal project in Kitimat
Lloyd’s Register chosen for LNG Canada export terminal project in Kitimat Following a competitive tender process, LR has secured a 55-month contract to perform third party verification and Canadian Registration Number (CRN) services. Lloyd’s Register (LR) has signed a 55-month LNG contract...
April 6th, 2020 | Classification Societies, LNG, News, Ports & Terminals | Read More

HFW Briefing: Distressed Businesses and Merger Control

HFW Briefing: Distressed Businesses and Merger Control
HFW Briefing: Distressed Businesses and Merger Control In the current economic climate many businesses may wish to negotiate rescues other than by State aid, for example through acquisitions, mergers, buyouts and/or emergency investments. Equally, there may be opportunities for businesses to acquire...
April 6th, 2020 | Communication, Legal, Mergers and Acquisitions | Read More

GLOBAL & REGIONAL DAILY (Monday 6, April 2020)

GLOBAL & REGIONAL DAILY (Monday 6, April 2020)
. GLOBAL & REGIONAL DAILY (Monday 6, April 2020) GLOBAL & REGIONAL DAILY HIGHLIGHTS April 6, 2020 Global Markets Oil prices fell early on Monday with Brent crude standing 1.2% lower on the day at $33.55/bbl on oversupply jitters after Saudi Arabia and Russia postponed the OPEC+ teleconference...
April 6th, 2020 | Banking, Finance, Markets, Reports, Statistics, Stock Markets | Read More

UK Chamber of Shipping calls for immediate support to keep freight flowing

UK Chamber of Shipping calls for immediate support to keep freight flowing
Bob Sangunetti UK Chamber of Shipping calls for immediate support to keep freight flowing The UK Chamber of Shipping, the trade association with nearly 200 members, has called for immediate support from the UK government to ensure freight continues to flow into the country. UK Chamber Chief Executive...
April 5th, 2020 | Associations, Logistics, Trade and Commerce | Read More

What a week* that was with the Markets, Geopolitics and Coronavirus…

What a week* that was with the Markets, Geopolitics and Coronavirus…
John Faraclas What a week* that was with the Markets, Geopolitics and Coronavirus… Lack of steam is this week’s market is the main characteristic for both the Dry and Wet Markets; Geopolitics seem on hold but this is the biggest bluff; Coronavirus raises the stakes for what is yet to come. John Faraclas’...
April 3rd, 2020 | Chartering, Dry Bulkcarriers, Health and Safety, HR, Insight, Markets, Military, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

American Club member alert (April 3, 2020) – re – INTERTANKO’s new publication: Outbreak management plan:COVID-19

American Club member alert (April 3, 2020) – re – INTERTANKO’s new publication: Outbreak management plan:COVID-19
American Club member alert (April 3, 2020) – re – INTERTANKO’s new publication: Outbreak management plan:COVID-19 APRIL 03, 2020 INTERTANKO’S NEW PUBLICATION: OUTBREAK MANAGEMENT PLAN: COVID-19 INTERTANKO has today released the guidance document, Outbreak Management Plan:...
April 3rd, 2020 | Associations, Health and Safety, Intertanko, P and I Clubs, Tankers | Read More

PEMA makes information papers and industry surveys free to access

PEMA makes information papers and industry surveys free to access
PEMA makes information papers and industry surveys free to access In support of the global ports and terminals sector, as it adjusts to the impact of Covoid-19, the Port Equipment Manufacturers Association (PEMA) has made its extensive catalogue of information papers, industry research, and best practice...
April 3rd, 2020 | Marine Equipment Products and Services, Markets, Ports & Terminals, Statistics, Trade and Commerce | Read More

GLOBAL & REGIONAL DAILY (Friday 3, April 2020)

GLOBAL & REGIONAL DAILY (Friday 3, April 2020)
. GLOBAL & REGIONAL DAILY (Friday 3, April 2020) GLOBAL & REGIONAL DAILY HIGHLIGHTS  April 3, 2020 Global Markets Oil prices were lower today, giving back part of yesterday’s hefty gains following US President Donald Trump’s comments that he expects Saudi Arabia and Russia to reach a deal...
April 3rd, 2020 | Banking, Finance, Health and Safety, Reports, Statistics, Stock Markets | Read More

IMCA actively participates in COVID-19 pandemic industry group

IMCA actively participates in COVID-19 pandemic industry group
Margaret Fitzgerald, Head of Marine Policy & Regulatory Affairs at IMCA IMCA actively participates in COVID-19 pandemic industry group The International Marine Contractors Association (IMCA) is part of a COVID-19 Industry Group which has collaborated with the International Maritime Organization...
April 2nd, 2020 | Associations, Trade and Commerce | Read More

BIMCO: As oil prices plummet, crude oil tanker time charter rates skyrocket

BIMCO: As oil prices plummet, crude oil tanker time charter rates skyrocket
Peter Sand BIMCO: As oil prices plummet, crude oil tanker time charter rates skyrocket Geopolitics is the dominating variable in the tanker market these days. With the OPEC+ negotiations falling apart and Saudi Arabia initiating an oil price war, the crude oil tanker spot freight rates, and time charter...
April 2nd, 2020 | BIMCO, Chartering, Oil Industry, Oil Platforms and Rigs, Reports, Tankers | Read More

GLOBAL & REGIONAL DAILY (Thursday 2, April 2020)

GLOBAL & REGIONAL DAILY (Thursday 2, April 2020)
. GLOBAL & REGIONAL DAILY (Thursday 2, April 2020) GLOBAL & REGIONAL DAILY HIGHLIGHTS April 2, 2020 Global Markets German Chancellor Angela Merkel announced yesterday that the nationwide shutdown would be extended until at least 19 April, while President Donald Trump warned of two “painful”...
April 2nd, 2020 | Banking, Finance, Health and Safety, Markets, Reports, Statistics, Stock Markets | Read More

(ONE) issues its first electronic bill of lading and selects essDOCS to power its global bill of lading digitization initiative

(ONE) issues its first electronic bill of lading and selects essDOCS to power its global bill of lading digitization initiative
  .. Ocean Network Express (ONE) issues its first electronic bill of lading and selects essDOCS to power its global bill of lading digitization initiative Singapore & Malta –  02 April 2020: Ocean Network Express (ONE), the world’s sixth largest container line by TEU capacity, and essDOCS,...
April 2nd, 2020 | Chartering, IT and Communications | Read More

Dry Market midweek blues, Wets thrive and the Coronavirus anathema “remains” an enigma…

Dry Market midweek blues, Wets thrive and the Coronavirus anathema “remains” an enigma…
John Faraclas Dry Market midweek blues, Wets thrive and the Coronavirus anathema “remains” an enigma… The BDI (Baltic Dry Index) following a “surge” due to the volatile Capes was down two points since yesterday and now reads 624… The VLCC’s and ULCC’s witnessed another unprecedented rise...
April 1st, 2020 | Chartering, Dry Bulkcarriers, Health and Safety, HR, Markets, Military, News, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

BIMCO: Shipping number of the week…

BIMCO:  Shipping number of the week…
The BIMCO House BIMCO:  Shipping number of the week: China’s manufacturing PMI rises to 52 in March The Purchasing Managers’ Index (PMI), which reflects manufacturing activity, rose above the threshold level of 50 in March in China, indicating an improvement compared to February. The improvement...
April 1st, 2020 | Associations, BIMCO, Markets | Read More

GLOBAL & REGIONAL DAILY (Wednesday 1, April 2020)

GLOBAL & REGIONAL DAILY (Wednesday 1, April 2020)
. GLOBAL & REGIONAL DAILY (Wednesday 1, April 2020) GLOBAL & REGIONAL DAILY HIGHLIGHTS April 1, 2020 Global Markets Euro area headline HICP inflation dropped by 0.5pp to 0.7%YoY in March on the back of lower oil prices, while core inflation was down 0.2pp to 1.0%YoY. In FX markets, the USD gained,...
April 1st, 2020 | Banking, Health and Safety, Markets, Reports, Statistics, Stock Markets | Read More

Oslo Børs: Weakest ever start to the year for Norway’s stock market

Oslo Børs: Weakest ever start to the year for Norway’s stock market
Oslo Børs: Weakest ever start to the year for Norway’s stock market 31/03/2020 – The Oslo Børs Benchmark Index has never fallen by so much during the first three months of a year as in 2020, but there have been some quarters with much bigger decreases. Since 1914 there have been five quarters...
April 1st, 2020 | Markets, Stock Markets | Read More

Diana fixes Kamsarmax “Myrto” on period to Cargill

Diana fixes Kamsarmax “Myrto” on period to Cargill
.. DIANA SHIPPING INC. ANNOUNCES DIRECT CONTINUATION OF TIME CHARTER CONTRACT FOR M/V MYRTO WITH CARGILL ATHENS, GREECE, March 31, 2020 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through...
March 31st, 2020 | Chartering, Company Profiles, Dry Bulkcarriers, Fixtures, Markets, Stock Markets | Read More

90th Anniversary of Lindley Group

90th Anniversary of Lindley Group
.. 90th Anniversary of Lindley Group The Lindley group of companies celebrates its 90th anniversary in April 2020. Its origin dates back to 1930, when Ahlers Lindley, Lda. was established in Lisbon (Portugal) by Rudolf Ahlers and Antonio Lindley with a capital of £400, as English paper importers and...
March 31st, 2020 | Anniversaries, Company Profiles, Mining, Ports & Terminals | Read More