Archive for the ‘Trade and Commerce’ Category

BIMCO: Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks

BIMCO: Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks
Peter Sand Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between 13 June 2019 and 20 June 2019, in the aftermath of attacks on two tankers in the Strait of Hormuz. Spot...
June 21st, 2019 | BIMCO, Canals, Military, News, Piracy and Terrorism, Tankers, Trade and Commerce | Read More

Capes lift the BDI amid mega Geopolitical mayhem

Capes lift the BDI amid mega Geopolitical mayhem
John Faraclas Capes lift the BDI amid mega Geopolitical mayhem The BDI (Baltic Dry Index)   gained 44 points and now stands at 1,179; the Geopolitical mess continues. John Faraclas’ brief daily recap: The Capes’ BCI went over and above the 2,000 point threshold at 2,051, that’s a good plus...
June 19th, 2019 | Conferences, Seminars, Forums, Markets, News, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, 19 June, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, 19 June, 2019)
. Daily Overview of Global Markets & the SEE Region (Wednesday, 19 June, 2019) HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:  Speaking at the ECB’s annual Forum on Central Banking in Sintra yesterday, President Mario Draghi adopted a more dovish stance compared to that at...
June 19th, 2019 | Banking, Finance, Markets, Reports, Statistics, Stock Markets, Trade and Commerce | Read More

Volatile Capes’ triple-digit surge “boosts” the dry market

Volatile Capes’ triple-digit surge “boosts” the dry market
John Faraclas Volatile Capes’ triple-digit surge “boosts” the dry market The BDI (Baltic Dry Index) gained 42 points and now stands at 1,135 points thanks to the as ever volatile Capes… The Geopolitics remain more than crucial… with asymmetrical events to happen anytime now… John Faraclas’...
June 18th, 2019 | European Union, Insight, Military, News, Piracy and Terrorism, Politics and Government, Shipping Indices, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce | Read More

The BDI@1,085; …Market rebound or what?

The BDI@1,085; …Market rebound or what?
John Faraclas The BDI@1,085; …Market rebound or what? The BDI (Baltic Dry Index) gained 23 points earlier on today, thanks mainly to the volatile Capes. The Geopolitics as we have verbatim predicted got more than perplexed and will end up more than sour in all fronts, repeat in all fronts. John Faraclas’...
June 14th, 2019 | Chartering, Dry Bulkcarriers, Energy, Markets, Military, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,062 BDI amid growing global turmoil

The BDI@1,062 BDI amid growing global turmoil
John Faraclas The BDI@1,062 BDI amid growing global turmoil    The BDI (Baltic Dry Index) lost another 18 points and now stands at 1,062; Geopolitics as expected here are more than perplexed and our prolonged warning –  even yesterday’s call come unfortunately verbatim right! John Faraclas...
June 14th, 2019 | Chartering, Dry Bulkcarriers, Markets, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,080: the fall continues… amid geopolitical uncertainty

The BDI@1,080: the fall continues… amid geopolitical uncertainty
John Faraclas The BDI@1,080: the fall continues… amid geopolitical uncertainty The BDI (Baltic Dry Index) fell 25 points losing the 1,100 points threshold. The Geopolitical uncertainty might create chaos which eventually might affect shipping in its entirety. John Faraclas’ brief midweek recap: ...
June 12th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, Reports, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Crowley Supports Small Business Growth and Success in Transportation Management Services for U.S. Warfighters

Crowley Supports Small Business Growth and Success in Transportation Management Services for U.S. Warfighters
l to r: Jerome Thomas and Dean Norris Crowley Supports Small Business Growth and Success in Transportation Management Services for U.S. Warfighters (JACKSONVILLE, Fla.; June 12, 2019) ­–  A key factor in Crowley’s successful support of U.S. warfighters under the federal Defense Freight Transportation...
June 12th, 2019 | Land Trasnport, Logistics, Markets, Trade and Commerce | Read More

Trump tariffs threaten world economy, Italy at a crossroads

Trump tariffs threaten world economy, Italy at a crossroads
USA’s president Donald Trump Trump tariffs threaten world economy, Italy at a crossroads Commentary: Trump tariffs threaten world economy By Desmond Lachman in Washington Donald Trump’s hard-line stance on the China trade issue could lead to a slowing in the world’s second largest economy....
June 12th, 2019 | Comment, Country Profiles, News, Reports, Trade and Commerce | Read More

Markets in trouble …err tumble?

Markets in trouble …err tumble?
John Faraclas Markets in trouble …err tumble? The BDI (Baltic Dry Index) lost 20 points and now stands at 1,105; global picture: blurry… John Faraclas’ brief market recap: The Capes’ BCI lost its 1,800 point threshold and now stands at 1,798 – minus 50! The Panamaxes’ BPI fell 21 and now...
June 11th, 2019 | Chartering, Dry Bulkcarriers, Fixtures, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Dry indices: All in the red… Wets; that’s the wonder…

Dry indices: All in the red… Wets; that’s the wonder…
John Faraclas Dry indices: All in the red… Wets; that’s the wonder… The BDI (Baltic Dry Index) following a stagnation during the last two days of the previous week, today lost 13 points and now stands at 1,125. Geopolitics still messy. CAUTION…. John Faraclas’ brief market recap: The...
June 10th, 2019 | Chartering, Dry Bulkcarriers, Markets, Military, News, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

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

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

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

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

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

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

Daily Overview of Global Markets & the SEE Region (Friday, 31 May, 2019)

Daily Overview of Global Markets & the SEE Region (Friday, 31 May, 2019)
. Daily Overview of Global Markets & the SEE Region (Friday, 31 May, 2019) HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:  Major European bourses were generally down in early trade today recording losses of around 1.0% at the time of writing, while US stock futures point to...
May 31st, 2019 | Banking, Finance, Markets, Reports, Statistics, Stock Markets, Trade and Commerce | Read More

The BDI@1,107; Geopolitics still perplexed but Sea Tourism can thrive…

The BDI@1,107; Geopolitics still perplexed but Sea Tourism can thrive…
John Faraclas The BDI@1,107; Geopolitics still perplexed but Sea Tourism can thrive… The BDI (Baltic Dry Index) gained 25 points thanks to another “surge” by the Capes; the Geopolitics not just perplexed, it’s more than in a mess. John Faraclas’ brief market recap: The Capes’ BCI...
May 29th, 2019 | Chartering, Conferences, Seminars, Forums, Cruise Industry, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,082; Supras “spoil” the broth…

The BDI@1,082; Supras “spoil” the broth…
The BDI@1,082; Supras “spoil” the broth… John Faraclas The BDI (Baltic Dry Index) ended up 16 points earlier on today following the long weekend due to the spring Holiday as well as due to end of the European Union’s election process. Now if we have so far stressed the perplexed and enigmatic...
May 28th, 2019 | Arctic Shipping, Art and auctions, Associations, Charity, Chartering, Classification Societies, Climate, Construction, Consumers Market, Container shipping, Containers, Cruise Ferry, Cruise Industry, Dry Bulkcarriers, Emissions, Energy, Environment, European Union, Holidays, HR, IMO, Insurance and Reinsurance, IT and Communications, LNG, Manning - Seafarers and Offshore, Marinas, Maritime Art, Maritime Education and Training, Maritime Tourism, Markets, Mediterranean Shipping, News, Oceanology, Oil Industry, Organisations, Paintings and Sculpture, People and Places, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Press and Media, Religion, Reports, Sailing, Shipping Centers, Shipping Indices, Short-sea shipping, Sports, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce, Weather, Yachting | Read More

New evaluation for Belt and Road, Sustainable finance and capital markets meeting

New evaluation for Belt and Road, Sustainable finance and capital markets meeting
New evaluation for Belt and Road, Sustainable finance and capital markets meeting Commentary: New evaluation for Belt and Road By Herbert Poenisch in Beijing At last month’s Belt and Road summit, participating countries presented a new, holistic approach to assessing the benefits of BRI projects....
May 28th, 2019 | Banking, Comment, Conferences, Seminars, Forums, Finance, Trade and Commerce | Read More

Minor Dry hiccups with the BDI down to 1,066*

Minor Dry hiccups with the BDI down to 1,066*
Minor Dry hiccups with the BDI down to 1,066* The BDI (Baltic Dry Index) lost two points since yesterday and now reads 1,066… Geopolitics continue to be messy and soon detrimental for all. WISTA Hellas makes s splash with its successful WISTA Med biennial event at Costa Navarino – south west...
May 24th, 2019 | Associations, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Markets, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More

The BDI@1,068, messy geopolitics and WISTA-Med making the big splash!

The BDI@1,068, messy geopolitics and WISTA-Med making the big splash!
. The BDI@1,068, messy geopolitics and WISTA-Med making the big splash! The BDI (Baltic Dry Index) gained nine points earlier on today keeping the upwards momentum “alive”. John Faraclas’ brief market recap: The Capes’ BCI was up 21 points at 1,558… The Panamaxes’ BPI was up 119 and now reads...
May 23rd, 2019 | Chartering, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Food and Drink, Holidays, Markets, Military, Reports, Shipping Indices, Tankers, Tourism, Trade and Commerce, WISTA - Women in Shipping | Read More

The BDI@1,059 …and the world goes round

The BDI@1,059 …and the world goes round
John Faraclas The BDI@1,059 …and the world goes round      The BDI (Baltic Dry Index) gained ten points earlier on today, thanks mainly to the Capes and to a lesser extent to the Panamaxes amid the approaching Armageddon in all fronts; John Faraclas’ midweek market brief: The Capes’ BCI gained...
May 22nd, 2019 | Anniversaries, Chartering, Conferences, Seminars, Forums, Containers, Dry Bulkcarriers, Emissions, Environment, Events, Markets, Military, Pollution, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More