Archive for the ‘Markets’ Category

The BDI “stuck” at 1,138; geopolitics more than perplexed…

The BDI “stuck” at 1,138; geopolitics more than perplexed…
John Faraclas The BDI “stuck” at 1,138; geopolitics more than perplexed… The BDI remained as per yesterday’s closing at 1,138 but on a weekly basis same gained 42 points – from 1,096 (31/5)… thanks to the as ever volatile Capes… Geopolitics not just perplexed, extremely dangerous and things...
June 7th, 2019 | Anniversaries, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Health and Safety, Maritime Accidents, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Nikos Vafias adds 12th aframax tanker

Nikos Vafias adds 12th aframax tanker
r to l: Nikos Vafias and George Procopiou Nikos Vafias adds 12th aframax tanker Nikolaos Vafias spending spree roars to US$90m with swoop for Brightoil aframax Nikolaos Vafias has extended his investment in tonnage to almost US$90m in less than two weeks with a swoop for a Brightoil Petroleum aframax...
June 7th, 2019 | Company Profiles, Sales and Purchases | Read More

Sovcomflot, NOVATEK, COSCO, Silk Road Fund sign joint venture agreement

Sovcomflot, NOVATEK, COSCO, Silk Road Fund sign joint venture agreement
l to r: Sergey Frank President and CEO  Sovcomflot Leonid Mikhelson Chairman of the Management Board of Novatek  Xui Lizhong from COSCO  Wang Yanzhi from the Silk Road Fund Sovcomflot, NOVATEK, COSCO, Silk Road Fund sign joint venture agreement During the 2019 St. Petersburg International Economic...
June 7th, 2019 | Arctic Shipping, Logistics, Trade and Commerce | Read More

Oslo Børs revokes the resolution to delist EMAS Offshore Limited

Oslo Børs revokes the resolution to delist EMAS Offshore Limited
Oslo Børs revokes the resolution to delist EMAS Offshore Limited 07/06/2019 – Please refer to the stock exchange notice of 31 May 2019. Oslo Børs has today passed the following resolution: «Oslo Børs has resolved to revoke the resolution announced on 31 May 2019 to delist the shares of EMAS...
June 7th, 2019 | Stock Markets | Read More

Sovcomflot and VEB.RF sign financial agreements for the construction of LNG-fuelled MR tankers

Sovcomflot and VEB.RF sign financial agreements for the construction of LNG-fuelled MR tankers
Artem Dovlatov, CEO of VEB-Leasing (Left) and Nikolai Kolesnikov, EVP and CFO Sovcomflot (Right) Sovcomflot and VEB.RF sign financial agreements for the construction of LNG-fuelled MR tankers Today, at the St. Petersburg International Economic Forum (SPIEF), Sovcomflot and VEB.RF Group announced the...
June 7th, 2019 | Banking, LNG, Shipbuilding and Shipyards, Shipfinance, Tankers | Read More

Market “hiccups”…

Market “hiccups”…
John Faraclas Market “hiccups”… The BDI (Baltic Dry Index) lost three points today and now stands at 1,138; Geopolitics still in a mess. John Faraclas’ brief market data: The Capes continued their rise and the BCI stands at 1,826 points – plus 20… On the antipode so to speak the Panamaxes...
June 6th, 2019 | Chartering, Dry Bulkcarriers, Markets, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Container Owners Association to launch telematics interoperability standard for shipping containers

Container Owners Association to launch telematics interoperability standard for shipping containers
Container Owners Association to launch telematics interoperability standard for shipping containers London, United Kingdom – 6 June 2019 – The Container Owners Association, the international organisation representing the common interests of freight containers owners, has announced today that...
June 6th, 2019 | Associations, Containers, Markets | Read More

Interferry project identifies ‘paramount’ lessons from Philippines safety boost

Interferry project identifies ‘paramount’ lessons from Philippines safety boost
Johan Roos Interferry project identifies ‘paramount’ lessons from Philippines safety boost The FERRYSAFE project team formed by global trade association Interferry to study pronounced safety advances in Philippines ferry operations has completed the second of two visits to the country and is now...
June 6th, 2019 | Cruise Ferry, Ro-Ro and Passenger Ferries | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, 6 June, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, 6 June, 2019)
. Daily Overview of Global Markets & the SEE Region (Thursday, 6 June, 2019) HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:  All eyes today are on the ECB Governing Council meeting following a recent bulk of mixed data and subdued inflation pressures with the 5Y5Y gauge of...
June 6th, 2019 | Banking, Finance, Markets, Reports, Statistics, Stock Markets | Read More

‘Gas & Gunboats in the Eastern Mediterranean’ – Demetrius A. Floudas — Hughes Hall, University of Cambridge – 10 June 2019, 17:30

‘Gas & Gunboats in the Eastern Mediterranean’ – Demetrius A. Floudas — Hughes Hall, University of Cambridge – 10 June 2019, 17:30
. ‘Gas & Gunboats in the Eastern Mediterranean’ – Demetrius A. Floudas — Hughes Hall, University of Cambridge – 10 June 2019, 17:30 Event to be held at the following time, date, and location: Monday, June 10, 2019 from 5:30 PM to 7:30 PM (BST) Seminar Room B Hughes Hall University...
June 6th, 2019 | Events, Conferences,Forums and Symposiums, Gas, Markets, Military, Oil Industry, Politics and Government | Read More

Capes’ rise “boost” BDI amid unexpected geopolitical developments to come…

Capes’ rise “boost” BDI amid unexpected geopolitical developments to come…
John Faraclas Capes’ rise “boost” BDI amid unexpected geopolitical developments to come… The BDI (Baltic Dry Index) gained another 19 points – same as yesterday and now stands at 1,141 Geopolitics messy and dangers loom in the background. John Faraclas’ brief recap: The Capes’ BCI continue...
June 5th, 2019 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Exhibitions, IMO, Markets, News, Organisations, Politics and Government, Reports, Ship Finance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, UN | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, 5 June, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, 5 June, 2019)
. Daily Overview of Global Markets & the SEE Region (Wednesday, 5 June, 2019) HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:  In a speech yesterday that focused on broader monetary policy issues, Fed Chair Jerome Powell dropped his standard reference to the Fed being “patient”...
June 5th, 2019 | Banking, Finance, Markets, Reports, Statistics, Stock Markets | Read More

Emerging markets spoil IMF optimism, Harnessing AI and data analytics for financial supervision

Emerging markets spoil IMF optimism, Harnessing AI and data analytics for financial supervision
Emerging markets spoil IMF optimism, Harnessing AI and data analytics for financial supervision Commentary: Emerging markets spoil IMF optimism By Desmond Lachman in Washington The IMF is pinning its hopes for a much-needed boost to the world economy on an emerging market rebound in the second half of...
June 5th, 2019 | Banking, Comment, Finance, Markets | Read More

Capes lift the BDI@1,122 amid global turmoil…

Capes lift the BDI@1,122 amid global turmoil…
John Faraclas Capes lift the BDI@1,122 amid global turmoil… The BDI (Baltic Dry Index) gained 19 points thanks to the Capes’ upsurge. Geopolitics in turmoil. John Faraclas’ brief recap: The Capes’ BCI surge of 89 points at 1,739 brought the BDI nearly half way through the BDI as of the end of...
June 4th, 2019 | Chartering, Dry Bulkcarriers, Markets, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Sovcomflot’s tanker Gagarin Prospect receives Next Generation Ship Award 2019 at Nor-Shipping

Sovcomflot’s tanker Gagarin Prospect receives Next Generation Ship Award 2019 at Nor-Shipping
. Sovcomflot’s tanker Gagarin Prospect receives Next Generation Ship Award 2019 at Nor-Shipping Gagarin Prospect, an LNG-fuelled Aframax crude oil tanker owned and operated by Sovcomflot (SCF Group), has won Next Generation Ship Award 2019, which was announced at Nor-Shipping 2019 Official Opening...
June 4th, 2019 | Awards, Bunkering, LNG, Technical, Technology | Read More

Pireas 2019: Managers of Regulations or Ship Managers?

Pireas 2019: Managers of Regulations or Ship Managers?
 THE 7TH GLOBAL SHIPBROKERS FORUM Yacht Club of Greece, Piraeus, Thursday 20th June 2019 Managers of Regulations or Ship Managers? FORUM AGENDA 09:00 – 10:00 REGISTRATION & COFFEE 10:00 – 10:30 Welcome speeches: – Mr. John N. Cotzias – President of H.S.A. – Mr. Fotis Kouvelis...
June 4th, 2019 | Associations, Chartering, Conferences, Seminars, Forums, Sales and Purchases | Read More

One more Blue Flag under Attica’s… “summer belt”!

One more Blue Flag under Attica’s… “summer belt”!
One more Blue Flag under Attica’s… “summer belt”! One more Blue Flag under Attica’s… “summer belt”! The peninsula of Attica, with its fantastic coastline and the nearby islands of the Argosaronic Gulf, has been blessed with clear blue sea and crystal waters, which Greeks and foreign visitors...
June 4th, 2019 | Emissions, Environment, Maritime Tourism, Oceanology, Pollution, Tourism | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, 4 June, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, 4 June, 2019)
. Daily Overview of Global Markets & the SEE Region (Tuesday, 4 June, 2019) HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:  Depressed market mood towards risk assets prevailed in early European trade on Tuesday amid rising worries over the global growth outlook on the back...
June 4th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Stena RoRo converts two vessels to SERTICA in only 5 weeks

Stena RoRo converts two vessels to SERTICA in only 5 weeks
Time is of the essence when Stena Roro decides to replace two existing systems onboard Stena Foreteller and Mont Ventoux with a new Fleet Management System. Stena RoRo converts two vessels to SERTICA in only 5 weeks Stena Roro initially signed up to SERTICA Maintenance and Procurement but decided to...
June 4th, 2019 | Ro-Ro and Passenger Ferries, Ship Conversions, Technical, Technology | Read More

How Tories can regain rationality, Renminbi Liaison Network seminar

How Tories can regain rationality, Renminbi Liaison Network seminar
How Tories can regain rationality, Renminbi Liaison Network seminar Commentary: How Tories can regain rationality By Meghnad Desai in London In Britain’s zig-zag course to leave the European Union, two things are clear, in the wake of the European elections and Theresa May’s decision to resign....
June 4th, 2019 | Banking, Comment, Conferences, Seminars, Forums, Finance, Markets, Shipfinance, Trade and Commerce | Read More

Capes keep the BDI “buoyant”…

Capes keep the BDI “buoyant”…
John Faraclas Capes keep the BDI “buoyant”… The BDI (Baltic Dry Index) gained seven points earlier on today and now, thanks to the Capes, stands at 1,103 points. Geopolitics remain messy in all fronts. John Faraclas’ brief recap: The Capes’ BCI was up 30 points and now stands at 1,650… Ten...
June 3rd, 2019 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

CargoGulf appoints Kestrel Liner Agencies as UK liner service agent

CargoGulf appoints Kestrel Liner Agencies as UK liner service agent
. CargoGulf appoints Kestrel Liner Agencies as UK liner service agent Dubai, United Arab Emirates 03 June 2019 – Global NVOCC (Non-Vessel Operating Common Carrier) CargoGulf has responded to strong growth in United Kingdom’s (UK) exports by extending its reach with the appointment of Kestrel...
June 3rd, 2019 | Liner Shipping and Trade, Ship Agencies | Read More

Treasury navigates shoals of administration, GPI 2019 London launch

Treasury navigates shoals of administration, GPI 2019 London launch
Treasury navigates shoals of administration, GPI 2019 London launch Commentary: Treasury navigates administration shoals By Mark Sobel in Washington The latest instalment of the US Treasury’s semi-annual foreign exchange report is certainly more interesting than previous iterations, for better...
June 3rd, 2019 | Banking, Conferences, Seminars, Forums, Events, Finance, Markets, Reports | Read More

Joergen Oerstroem Moeller on the future of the Conservative party, Mark Sobel on renminbi depreciation, and more

Joergen Oerstroem Moeller on the future of the Conservative party, Mark Sobel on renminbi depreciation, and more
. OMFIF UPDATE – WEEK 22 2019   27-31 May 2019 Vol.10 Ed.22 Joergen Oerstroem Moeller on the future of the Conservative party, Mark Sobel on renminbi depreciation, and more COMMENTARY  New evaluation for Belt and Road At the Belt and Road summit, participating countries presented a new approach...
June 1st, 2019 | Banking, Comment, Finance, Markets, News, Politics and Government, Stock Markets, Trade and Commerce | Read More

What an odd Dry and Wet market-week that was…

What an odd Dry and Wet market-week that was…
John Faraclas What an odd Dry and Wet market-week that was… The BDI (Baltic Dry Index) ended one point down at  1,096 points; on a weekly basis though same was up 30 points – from 1,066 (24/5). Geopolitics already make life uncomfortable all over Planet Ocean; John Faraclas’ daily and weekly recap: The...
May 31st, 2019 | Chartering, Comment, Conferences, Seminars, Forums, Cruise Ferry, Dry Bulkcarriers, Environment, Events, Exhibitions, Maritime Tourism, Markets, Military, News, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More