Archive for the ‘Chartering’ Category

Stranded BDI@1,575… Mixed Wets and Messy Geopolitics

Stranded BDI@1,575… Mixed Wets and Messy Geopolitics
John Faraclas The BDI (Baltic Dry Index) closed earlier on today 11 points up since yesterday at 1,575 which is though minus three points down since last week’s 1,579 points! Mixed |wets with the Dirties improving… Geopolitics a liability for all in a bankrupt Planet Ocean – most issues which...
October 19th, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Friday, October 19, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, October 19, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: German government bonds were firmer in early European trade on Friday and the EUR/USD came under renewed pressure amid mounting worries over a possible rise in tensions between the Italian government and the EU Commission. In the first...
October 19th, 2018 | Banking, Chartering, Dry Bulkcarriers, Finance, Markets, Shipfinance, Statistics, Stock Markets, Trade and Commerce | Read More

Volatile Capes raise the BDI@1,565…

Volatile Capes raise the BDI@1,565…
John Faraclas With 11 plus points, thanks to the volatility of the Capes – down 58 yesterday and plus 70 today,  the BDI …floats “safely”… Geopolitics messy as ever… John Faraclas’ daily Markets and Geopolitics briefing: The Capes’ BCI  with its 70 points plus now reads 2,176 points… Minus...
October 18th, 2018 | Chartering, Dry Bulkcarriers, Insight, Legal, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Falling BDI@1,554 creates uneasiness; wets upwards and stable…

Falling BDI@1,554 creates uneasiness; wets upwards and stable…
John Faraclas The BDI (Baltic Dry Index) lost 24 points earlier on today raising eyebrows. Geopolitics continue to be dodgy… John Faraclas’ daily briefing: The Capes’ BCI fall of 58 points brought the respective index down at 2,106 points; once again: CAUTION! The  Panamaxes’ BPI managed to...
October 17th, 2018 | Chartering, Dry Bulkcarriers, Emissions, Environment, Markets, Piracy and Terrorism, Pollution, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Diana extends Kamsarmax “Astarte’s” period charter to Glencore

Diana extends Kamsarmax “Astarte’s” period charter to Glencore
DIANA SHIPPING INC. ANNOUNCES DIRECT CONTINUATION OF TIME CHARTER CONTRACT FOR M/V ASTARTE WITH GLENCORE ATHENS, GREECE, October 17, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through...
October 17th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Stock Markets | Read More

The BDI@1,578: an expected volatility and contained fall…

The BDI@1,578: an expected volatility and contained fall…
John Faraclas The BDI (Baltic Dry Index) lost six points thanks to the Capes’ fall… Geopolitics as crucial as ever… particularly on the platoon and financial sector… John Faraclas daily briefing: The Capes’ BCI was down 25 points at 2,164 – …the classic volatile size… Panamaxes were...
October 16th, 2018 | Associations, Chartering, Dry Bulkcarriers, Emissions, Environment, Events, Conferences,Forums and Symposiums, Health and Safety, HR, Intermanager, Maritime Education and Training, Markets, Military, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI still “stranded”

The BDI still “stranded”
John Faraclas The BDI (Baltic Dry Index) although was up five points standing at 1,584 points in reality same is stranded! Geopolitics and in particular the Trade Wars and Bankruptcy will turn things sour. John Faraclas’ daily briefing: The Capes’ BCI gained 20 points and now reads 2,189; the only...
October 15th, 2018 | Chartering, Dry Bulkcarriers, Markets, Regulatory, Reports, Shipmanagement, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

ChartCo and MeteoGroup announce long-term partnership agreement

ChartCo and MeteoGroup announce long-term partnership agreement
OneOcean weather and route optimisation ChartCo selects MeteoGroup to integrate leading weather services into its OneOcean platform Enfield/London – 15 October 2018 – ChartCo, the leading global supplier of maritime digital data and compliance services, has selected MeteoGroup to deliver its...
October 15th, 2018 | Chartering, Technology, Weather | Read More

Gains for the BDI and the Wets amid mini financial hiccups…

Gains for the BDI and the Wets amid mini financial hiccups…
John Faraclas The BDI (Baltic Dry Index) ended the week with 64 points plus since yesterday at 1,579 and 43 since last week’s 1,536 points… The Geopolitics and in particular the financial situation on Planet Ocean remains enigmatic. John Faraclas’ brief daily and weekly recap: A good triple rise...
October 12th, 2018 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Contained losses with the BDI@1,493

Contained losses with the BDI@1,493
John Faraclas The BDI (Baltic Dry Index) fell another ten points losing the threshold of the 1,500 points but doesn’t look  too worrying unless… The Geopolitics on the same level as yesterday with the Economic mess ready to engulf Planet Ocean and make the World suffer for another ten years. John...
October 10th, 2018 | Chartering, Dry Bulkcarriers, Environment, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Falling BDI@1,503 a concern?

Falling BDI@1,503 a concern?
John Faraclas The BDI (Baltic Dry Index) lost 27 points since yesterday and if same goes below the 1,500 point-threshold it will be an issue. Geopolitics equalise the theatre of the absurd! John Faraclas’ brief report: The Capes did it again; falling 81 points and going well below the 2,000 points...
October 9th, 2018 | Banking, Bribery and Corruption, Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

When does a fixture become binding?

When does a fixture become binding?
Fiona Pounds, Claims handler Fiona Pounds: When does a fixture become binding? Parties in more procedurally conservative jurisdictions can be surprised at the ease with which a binding contract can be created under English law. In the context of charterparty (c/p) negotiations, it is generally the case...
October 9th, 2018 | Chartering, Claims, P and I Clubs | Read More

BDI’s contained fall at 1,530…

BDI’s contained fall at 1,530…
John Faraclas The BDI  (Baltic Dry Index) lost six points earlier on today, a rather contained fall thanks to the Panamaxes upwards “trend” as the Capes’ fall triggers worries… Geopolitics go bankrupt… John Faraclas’ brief market recap: The Capes’ BCI lost 39 points and now stand at ...
October 8th, 2018 | Chartering, Dry Bulkcarriers, Insight, Markets, News, Piracy and Terrorism, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,536: you cannot fight against the future*

The BDI@1,536: you cannot fight against the future*
John Faraclas The BDI (Baltic Dry Index) ended the week with minus 18 points, another double digit loss following yesterday’s minus 20 points… It was down four points since last Friday the 28th of September when the BDI stood at 1,540… A bit of odd figures as you will read herebelow; they don’t...
October 5th, 2018 | Chartering, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Falling BDI@1,554 “thanks” to the Capes’ volatility…

Falling BDI@1,554 “thanks” to the Capes’ volatility…
John Faraclas The BDI (Baltic Dry Index) fell earlier on today 20 points; it was an expected result following yestedays perplexed figures… the Geopolitical and mainly economic chaos and environmental “concerns” all over Planet Ocean will affect everything. John Faraclas’ brief daily recap: The...
October 4th, 2018 | Banking, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, European Union, Events, Finance, Insight, Markets, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Centers, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Capes’ contained rise and perplexed figures rule the day… plus the 2020 saga

Capes’ contained rise and perplexed figures rule the day… plus the 2020 saga
John Faraclas The BDI (Baltic Dry Index) gained four points and now stands at 1,574; Geopolitics in total mess and the Environment another issue to be appropriately tackled… John Faraclas’ daily recap: The Capes’ BCI was up 51 points and now stands at 2,199… Are the capes sustainable or just...
October 3rd, 2018 | Associations, Bunkering, Chartering, Comment, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, IMO, Intercargo, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More

Capes’ volatility might shake the Markets…

Capes’ volatility might shake the Markets…
John Faraclas The BDI (Baltic Dry Index) gained another 15 points earlier on today and now stands at 1,570; the Geopolitics are turning sour! Ultra-CAUTION should be observed. John Faraclas’ daily briefing: The Capes increased its fortunes by another 87 points and now the BCI reads 2,148 points… On...
October 2nd, 2018 | Banking, Chartering, Dry Bulkcarriers, Energy, Environment, Finance, Insight, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Dry, Wet and Geopolitics hiccups…

Dry, Wet and Geopolitics hiccups…
John Faraclas The BDI (Baltic Dry Index) was up 15 points standing at 1,555 thanks to the Capes; Geopolitics deteriorate dangerously… John Faraclas’ daily briefing: Here we go again with all the Dry Indices either falling or with minimal positive changes; the Capes’ BCI though was up 61 points...
October 1st, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

The Market: who’s in?

The Market: who’s in?
John Faraclas The BDI  (Baltic Dry Index) ended up at 1,540 points earlier on today which is 16 points plus since yesterday and 127 points since last week when it clocked 1,413 points.  The Geopolitical situation looks like as depicting the Before the Storm …environment so to speak. John Faraclas...
September 28th, 2018 | Chartering, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

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

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

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

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

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

The harsh reality: the BDI@1,357…

The harsh reality: the BDI@1,357…
John Faraclas The BDI lost just nine points since Friday the 14th of September,  “thanks” to the …”rebound” by the Supras and the Handies; Geopolitics more than crucially perplexed. John Faraclas’ brief recap: The BDI (Baltic Dry Index) lost nine points and enters another dangerous...
September 17th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Shipping Indices, Stock Markets | Read More