Archive for the ‘Markets’ Category

Falling BDI@1,189: Liabilities ante portas

Falling BDI@1,189: Liabilities ante portas
John Faraclas. Picture credits George Christakis The BDI (Baltic Dry Index) lost 49 points earlier on today and  given that all indices are in red, the situation in the Dry and Wet Markets turns to a major liability for all stakeholders – and looks likely tomorrow the Markets will be on a falling...
January 10th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

The Funds

The Funds
Emmanouela Depounti The Funds By Emmanouela Depounti, Attorney at Law, Former legal advisor of Agricultural Bank of Greece SA, Former introducer of Astrobank Ltd (Cyprus). Part of the population in Greece strongly believes that the reason why the subject of non-performing loans  (NPL) was allowed to...
January 10th, 2019 | Banking, Comment, Finance, Markets | Read More

Chinese New Year requires lots of pre-planning

Chinese New Year requires lots of pre-planning
… Supply Chain and Logistics Impacted Worldwide by Significant Holiday Atlanta, GA — (January 10, 2019) — By now, anyone doing business in the Asia markets is well into planning how the continuity of trade will work during the Chinese New Year (CNY) when virtually all business in China, including...
January 10th, 2019 | Holidays, Logistics, Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, January 10, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, January 10, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In FX markets, the DXY index extended recent losses with the EUR/USD hitting a near three-month peak of 1.1570 earlier today following the release of the minutes from the December FOMC policy meeting. The minutes revealed that many...
January 10th, 2019 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@1,238: there can be no rainbow without a cloud and a storm…

The BDI@1,238: there can be no rainbow without a cloud and a storm…
John Faraclas The BDI (Baltic Dry Index) lost 24 points earlier on today as all Dry Indices fell – thank Posidon the fall was a double digit one… Geopolitics… continue to be more than perplexed; John Faraclas’ daily market recap: The Capes lost  39 points and the BCI now stands at 2,078… Same...
January 9th, 2019 | Chartering, Markets, Reports, Shipping Indices | Read More

Crowley adds additional sailing to North Atlantic Puerto Rico service increasing schedule integrity and capacity

Crowley adds additional sailing to North Atlantic Puerto Rico service increasing schedule integrity and capacity
… (JACKSONVILLE, Fla.; Jan. 9, 2019) ­– Crowley Logistics announced today that it has expanded its North Atlantic network of vessels, adding velocity to customer supply chains operating between the Northeastern U.S., Puerto Rico, the Dominican Republic and the islands of the Caribbean Basin....
January 9th, 2019 | Containers, Land Trasnport, Liner Shipping and Trade, Logistics, Reefer Containers | Read More

Diana Containerships Inc. announces share repurchase program

Diana Containerships Inc. announces share repurchase program
.. ATHENS, GREECE, January 9, 2019 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that its Board of Directors authorized a share repurchase program to purchase up to an aggregate of US$6.0 million...
January 9th, 2019 | Container shipping, Containers, Markets, Stock Markets | Read More

Chatham Rock Phosphate joins WOC

Chatham Rock Phosphate joins WOC
WOC – the Global Blue Economy Business Organization – Continues to Grow with the Addition of Chatham Rock Phosphate, a Leading Responsible Marine Mining Company 9 January 2019 Chatham Rock Phosphate is building on its commitment to responsible marine mining by joining the World Ocean Council (WOC),...
January 9th, 2019 | Corporate Social Responsibility, Mining | Read More

New appointments to Baltic Exchange Council

New appointments to Baltic Exchange Council
The Baltic Exchange The Baltic Exchange is pleased to announce three new appointments to the Baltic Exchange Council (BEC), the governing body which oversees the Baltic’s strategy for membership services, social responsibility, charities and its relationship with its members, governments, regulatory...
January 9th, 2019 | Markets, News, Person Profiles, Stock Markets | Read More

Capes volatility keeps the uncertain markets “afloat”…

Capes volatility keeps the uncertain markets “afloat”…
John Faraclas The BDI  (Baltic Dry Index) gained 15 points earlier on this afternoon and now stands at 1,262 points. Geopolitics still the same; John Faraclas’ brief recap: The Capes “hit” again with the BCI at 2,117 – a good  triple points rise of 101 but again this cannot constitute...
January 8th, 2019 | Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Stock Markets | Read More

Freight Derivative Trade Volumes up in 2018

Freight Derivative Trade Volumes up in 2018
The Baltic Exchange Figures compiled by the Baltic Exchange reveal that the overall volume of Forward Freight Agreement (FFA) trades increased in 2018. Freight derivative volumes in the tanker market rose by 20% in 2018 hitting 321,962 lots, volumes in the dry market rose 1.4% to 1,196,929 lots, its...
January 8th, 2019 | Chartering, Markets, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, January 8, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, January 8, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Wall Street rallied overnight on Friday’s strong US employment report and dovish remarks by Fed Chairman Jerome Powell. European equity indices followed suit and opened higher on Tuesday with tech shares outperforming the market,...
January 8th, 2019 | Banking, Finance, Markets, News, Shipfinance | Read More

The Greek Banking Issue

The Greek Banking Issue
Emmanouela Depounti The Greek Banking Issue By Emmanouela Depounti, Attorney at Law, Former legal advisor of Agricultural Bank of Greece SA, Former introducer of Astrobank Ltd (Cyprus). The problematic banking system in Greece is not a recent phenomenon. It started in 2001 and was underlined in September...
January 8th, 2019 | Banking, Comment, Insight, Markets | Read More

RMT to take demands for a fair deal for workers on BREXIT Ferry contracts direct to Chris Grayling

RMT to take demands for a fair deal for workers on BREXIT Ferry contracts direct to Chris Grayling
Mick Cash Maritime union RMT will be taking the demands for a fair deal for British workers on Government Brexit ferry contracts direct to Transport Secretary Chris Grayling on Friday morning. RMT will be holding a protest outside the DfT at 10am on Friday 11th January (Department for Transport, Great...
January 8th, 2019 | Claims, Cruise Ferry, HR, Labour Disputes, Manning - Seafarers and Offshore, Ro-Ro and Passenger Ferries | Read More

Participants feedback after Automechanika Shanghai 2018 record highest ever show figures

Participants feedback after Automechanika Shanghai 2018 record highest ever show figures
A view from last years’ event Automechanika Shanghai has experienced its most international and busiest fair yet, rounding off another successful year. The 14th edition took place from 28 November to 1 December and covered every aspect of the automotive supply chain. The record breaking show presented...
January 8th, 2019 | Accessories, Automobiles, Events, Conferences,Forums and Symposiums, Exhibitions | Read More

The BDI is now 1,000 points below the Dec 2013 closing…

The BDI is now 1,000 points below the Dec 2013 closing…
John Faraclas. Picture credits George Christakis The BDI (Baltic dry Index) lost 13 points and now reads 1,247 – 1,000 points below the closing of Dec 2013!  Geopolitics still messy; John Faraclas’ brief daily market recap: The Capes were the only size to clinched points and the BCI now reads 2,016...
January 7th, 2019 | Chartering, Dry Bulkcarriers, Insight, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Monday, January 7, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, January 7, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In early European trade today, core government bond yields were off last week’s fresh lows in reaction to FOMC Chairman Jerome Powell’s dovish remarks at the American Economic Association’s annual meeting in Atlanta on Friday....
January 7th, 2019 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Markets in despair but hope and success is there only for the adventurous risk-takers…

Markets in despair but hope and success is there only for the adventurous risk-takers…
John Faraclas The BDI (Baltic Dry Index) fall was very much contained, thanks once again to the volatile Capes. The New Year as we believe might begin when the Far East and mainly Japan begin to kick-off. Geopolitics as ever messy. John Faraclas’  daily and …Festive Season’s recaps: The...
January 4th, 2019 | Bribery and Corruption, Chartering, Emissions, Energy, Environment, Insight, Markets, Military, News, Pollution, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

“K” Line Group: 2019 New Year Message from the President

“K” Line Group: 2019 New Year Message from the President
Eizo Murakami, President & CEO “Coming together, let’s step forward towards a new 100 years” To everyone throughout the entire “K” Line Group, I extend my very sincerest Happy New Year wishes. As we enter 2019, I would like to take this opportunity to share a few words with you.  During...
January 4th, 2019 | Anniversaries, Consumers Market, Liner Shipping and Trade, Markets, News | Read More

Amendments to Oslo Børs’ rules for issuers

Amendments to Oslo Børs’ rules for issuers
04/01/2019 – Oslo Børs’ rules for issuers are amended due to the repeal of the Stock Exchange Act and the Stock Exchange Regulations and amendments to the Securities Trading Act and the Securities Trading Regulations entering into effect as of 1 January 2019. In addition, amendments have been...
January 4th, 2019 | News, Stock Markets | Read More

It’s not just the Capes stupid; it’s every single size falling…

It’s not just the Capes stupid; it’s every single size falling…
John Faraclas The BDI (Baltic Dry Index) lost 15 points and now stands at 1,267… Geopolitics become more perplexed. John Faraclas’ daily briefing: The Capes lost 24 points and the BCI now reads 1,963 points… “wonder” why the fall… The Panamaxes’ BPI also fell down to 1,365 – down 26 points… The...
January 3rd, 2019 | Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Reports, Shipping Indices, Stock Markets, Tenders, Trade and Commerce | Read More

Moore Stephens says leaner and greener shipping will attract investment in 2019

Moore Stephens says leaner and greener shipping will attract investment in 2019
Richard Greiner Leading accountant and shipping adviser Moore Stephens says shipping will continue to attract investors in 2019 if it fulfils its ESG (environmental, social and governance) responsibilities.  In the latest issue of Bottom Line, the Moore Stephens shipping sector newsletter, Richard...
January 3rd, 2019 | Accountancy, Markets, News, Reports, Shipmanagement | Read More

It’s the Capes stupid

It’s the Capes stupid
John Faraclas The BDI  (Baltic Dry Index) gained 11 points and now stands at 1,282 thanks to the as ever volatile Capes… Looks a “positive” start for the New Year but reality bites as all other indices – Dry and Wet are in red! Geopolitics as expected turn sour; John Faraclas’ brief recap: The...
January 2nd, 2019 | Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Sovcomflot orders three LNG-fuelled tankers from Zvezda shipyard

Sovcomflot orders three LNG-fuelled tankers from Zvezda shipyard
plexOn 28 December 2018, Sovcomflot (SCF Group) placed an order at Zvezda shipbuilding complex for construction of three new generation product carriers that use cleaner-burning LNG fuel as their primary fuel. Three MR-class vessels will have a deadweight (DWT) of 51,000 tonnes each. They will transport...
January 2nd, 2019 | Bunkering, LNG, Shipbuilding and Shipyards | Read More

Gordon Dadds Group completes acquisition of Ince & Co LLP

Gordon Dadds Group PLC (“Gordon Dadds” or the “Company” or the “Group”) Completion of acquisition of Ince UK Half year results for the six months ended 30 September 2018 Expected restoration of trading on AIM Gordon Dadds Group PLC (AIM: GOR), the London-based legal and professional services...
January 2nd, 2019 | Legal, Mergers and Acquisitions | Read More