Archive for the ‘Markets’ Category

Crowley Liner Services teams announce new organization

Crowley Liner Services teams announce new organization
… (JACKSONVILLE, Fla.; Jan. 11, 2018) ­– To improve operational efficiency and service within its international shipping and logistics businesses, Crowley Maritime Corp.’s liner services teams announced several organizational changes today impacting the Caribbean and Central America markets. Sal...
January 11th, 2018 | Company Profiles, HR, Liner Shipping and Trade, Logistics, Person Profiles | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, January 11, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, January 11, 2018)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasuries were firmer in European trade on Thursday assisted by somewhat easing concerns about China’s stance on US bonds and...
January 11th, 2018 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

New Baltic Exchange LNG Panellists Group

New Baltic Exchange LNG Panellists Group
Mark Jackson Following an approach by leading Baltic Exchange LNG shipbroking companies, the Baltic Exchange has formed the Baltic LNG Panellists Group. The move comes as the Baltic Exchange looks to develop a new Liquified Natural Gas (LNG) Index comprising several routes for the evolving LNG shipping...
January 11th, 2018 | Associations, LNG, Markets, Organisations, Shipping Centers | Read More

Hmmm… the BDI@1,366…

Hmmm… the BDI@1,366…
John N. Faraclas The BDI (Baltic Dry Index) lost 29 points earlier on today and proves our position that there isn’t as yet a sustainable market. We hope that after the Chinese New Year’s celebrations – close to Valentine’s Day, we might possibly see a small surge; we shall see though...
January 10th, 2018 | Anniversaries, Associations, Banking, Conferences, Seminars, Forums, Energy, Environment, Finance, HR, News, Piracy and Terrorism, Ports & Terminals, Shipfinance, Shipmanagement, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, January 10, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, January 10, 2018)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking a lead from higher US Treasury and JGB yields, core Eurozone government bond yields were under upward pressure in early trade on...
January 10th, 2018 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

The BDI@1,395 losing steam; Wets too…

The BDI@1,395 losing steam; Wets too…
John N. Faraclas Once again it seems that the Market is losing steam amid the coming Geopolitical Armageddon. John Faraclas’ daily briefing: The BDI (Baltic Dry Index) managed to clinch ten points but the omens don’t look promising for the short run and that’s until after the Chinese New Year....
January 9th, 2018 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Stock Markets, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
  09-Jan-2018 REBATE FOR CONTAINER SHIPS Suez Canal, Egypt VLCCS ROUTING THROUGH CANAL Suez Canal, Egypt DRY BULK VESSELS COMING FROM EAST & SOUTH AUSTRALIA Suez Canal, Egypt DRY BULK VESSELS COMING FROM SOUTH AFRICA Suez Canal, Egypt BUNKERING AT PORT DISCONTINUED Trieste, Italy Rebate...
January 9th, 2018 | Bunkering, Canals, Containers, Inland Waterways, Ports & Terminals | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, January 09, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, January 09, 2018)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Failing to capitalize on positive euro area data, the EUR/USD was, 0.3% weaker on the day probably due to some position squaring after...
January 9th, 2018 | Banking, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Societe General becomes first financial institution to join growing SEA\LNG Coalition

Societe General becomes first financial institution to join growing SEA\LNG Coalition
Peter Keller of SEA\LNG LONDON, PARIS, HONG-KONG, 09 January 2018: SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, today announced the addition of the first financial institution to the coalition; Societe Generale....
January 9th, 2018 | Bunkering, LNG, News, Ports & Terminals, Technical, Technology | Read More

Exciting new shuttle tanker concept with Wärtsilä solutions creates optimal economic and environmental performance

Exciting new shuttle tanker concept with Wärtsilä solutions creates optimal economic and environmental performance
The new shuttle tanker concept creates both economic and environmental benefits for owners. Wärtsilä Corporation, 9 January 2018 at 11 a.m. EET A new shuttle tanker concept developed by the world’s largest provider of shuttle tanker services; TEEKAY, in close cooperation with Wärtsilä, will...
January 9th, 2018 | LNG, Marine Equipment Products and Services, News, Shipbuilding and Shipyards, Tankers, Technical, Technology | Read More

The BDI@1,385: contained correction; Wet gains…

The BDI@1,385: contained correction; Wet gains…
John N. Faraclas The BDI (Baltic Dry Index) gained 14 points earlier on today and now reads 1,385 points. Geopolitics still in a mess. John Faraclas’ brief market recap: The Capers’ gained were contained to just 35 points and the BCI now reads 2,826 points. The Panamaxes also were on par with the...
January 8th, 2018 | News, Shipping Indices, Statistics, Tankers | Read More

Daily Overview of Global Markets & the SEE Region (Monday, January 08, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, January 08, 2018)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Extending recent gains, the majority of European bourses retained a positive tone in early trading on Monday amid expectations that...
January 8th, 2018 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@1,371 …”refloats”; the Wets still stranded…

The BDI@1,371 …”refloats”; the Wets still stranded…
John Faraclas Thanks to the Capers and Panamaxes the BDI (Baltic Dry Index) gained 30 points and survived further humiliation, “even” the one anticipated over the festive season. Geopolitics remain perplexed and enigmatic. John Faraclas brief recap: The Capers “surge” continued but incredibly...
January 5th, 2018 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

“K” Line: 2018 New Year Message from President Murakami

“K” Line: 2018 New Year Message from President Murakami
Eizo Murakami,  “K” Line Group, President & CEO 2018 New Year Message from President Murakami “Working Together, Let’s Make 2018 the Link to a New Era” To everyone of the “K” Line Group, I extend my very sincerest wishes for a Happy New Year. As we enter 2018, I would like...
January 5th, 2018 | Anniversaries, Liner Shipping and Trade, News | Read More

Dry …smiles and wet tears

Dry …smiles and wet tears
John N. Faraclas The BDI (Baltic Dry Index) was up 79 points earlier on today thanks to the excellent performance of the volatile Capers and the up and coming Panamaxes; Geopolitics are becoming more enigmatic and perplexed. John Faraclas’ daily market briefing: So at 1,341 points the BDI “makes”...
January 4th, 2018 | Dry Bulkcarriers, Markets, News, Reports, Tankers | Read More

Moore Stephens says optimism likely to outweigh pessimism for shipping in 2018

Moore Stephens says optimism likely to outweigh pessimism for shipping in 2018
Richard Greiner International accountant and shipping adviser Moore Stephens expects optimism to triumph over pessimism in the shipping industry during the next twelve months. Writing in the latest issue of Bottom Line, the newsletter of the Moore Stephens shipping industry group, partner Richard Greiner...
January 4th, 2018 | Accountancy, Markets, News, Reports, Shipmanagement | Read More

Harris PYE Group opens Korean office

Harris PYE Group opens Korean office
Mark Prendergast Harris Pye, the global engineering group, has opened a new office in Busan in South Korea primarily to keep pace with the demand by Korean shipowners and operators eager to bring their LNG carriers to shipyards in Korea for dry docking and inspection, repair or modification of their...
January 4th, 2018 | LNG, Marine Equipment Products and Services, Ship Conversions, Shiprepair, Technical | Read More

Dry and Wet Market Blues…

Dry and Wet Market Blues…
John Faraclas The BDI (Baltic Dry Index), thanks to the Capers, following yesterdays major losses, managed to gain 32 points and now stands at 1,262 points; the Wets collapsed and all of us must consider the geopolitical effects. John Faraclas’ midweek recap: The Volatiles, …err the Capers clinched...
January 3rd, 2018 | Chartering, Dry Bulkcarriers, Insight, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

U-Freight welcomes Luxor Resolution on E-Commerce

U-Freight welcomes Luxor Resolution on E-Commerce
The U-Freight Group (UFL), with its considerable involvement in e-commerce logistics, has welcomed the recently-signed Luxor Resolution on cross-border e-commerce and believes it will help shape this rapidly evolving sector of global trade. Simon Wong, CEO of the UFL Group says: “We are pleased that...
January 3rd, 2018 | Logistics, Trade and Commerce | Read More

With the BDI@1,230 brace for the new era…

With the BDI@1,230 brace for the new era…
John Faraclas Despite the BDI’s (Baltic Dry Index) triple digit fall in an otherwise odd welcome for the New Year, the good news is that Shipping for the vey very very few begins to make waves; geopolitics getting worse and we can hear the barking dog coming… on the 16th of February… John Faraclas’...
January 2nd, 2018 | Energy, Markets, News, Reports, Sales and Purchases, Ship Demolitions, Shipping Indices, Statistics, Stock Markets | Read More

Brexit – where next?

Brexit – where next?
Margaret Pinder Brexit – where next? by Margaret Pinder, Head of Market Intelligence, Hill Dickinson Now that the Government has achieved sufficient progress in the Brexit negotiations to reach agreement to progress to stage two, this is a good time to review what this means for your business going...
January 2nd, 2018 | European Union, Legal, Markets, News, Politics and Government, Reports, Taxation | Read More

Automechanika Ho Chi Minh City announces strategic partnership with LIQUI MOLY ahead of 2018 edition

Automechanika Ho Chi Minh City announces strategic partnership with LIQUI MOLY ahead of 2018 edition
From the first edition of Automechanika Ho Chi Minh City The organisers of next year’s Automechanika show in Ho Chi Minh City have announced a new strategic partnership with German automotive chemicals giant LIQUI MOLY. The company has joined the partnership programme of Automechanika Ho Chi Minh City,...
January 2nd, 2018 | Automobiles, Markets | Read More

An exceptionally good year for the Oslo stock exchange

An exceptionally good year for the Oslo stock exchange
29/12/2017 – 2017 was an exceptionally good year for the Oslo stock exchange, with the Oslo Børs Benchmark Index achieving more than 50 new highs and climbing 19.1% over the course of the year. The Oslo Børs Benchmark Index achieved more new highs in 2017 than in any year since 2005, with the...
December 29th, 2017 | Markets, Statistics, Stock Markets | Read More

“K” Line has been selected as the winner of the Container Liner Shipping Award 2017 in the Netherlands for the second time

“K” Line has been selected as the winner of the Container Liner Shipping Award 2017 in the Netherlands for the second time
Left Rogier Spoel of EVO FENEDEX, Middle Steven Lak Chairman EVO FENEDEX and to the right Fer Penders Managing Director “K” Line (Nederland) B.V receiving the Award. It was announced that “K” Line has been selected by EVO FENEDEX* as the winner of the Container Liner Shipping Award 2017. It is...
December 28th, 2017 | Awards, Container shipping, Liner Shipping and Trade | Read More

Diana fixes panamax “Leto” on period to Glencore

Diana fixes panamax “Leto” on period to Glencore
Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Leto with Glencore ATHENS, GREECE, December 27, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through...
December 27th, 2017 | Chartering, Dry Bulkcarriers, Markets | Read More