Posts Tagged ‘EU’

HFW Insurance Bulletin: February 2019 – Edition 1

HFW Insurance Bulletin: February 2019 – Edition 1
Costas Frangeskides, Partner Holman Fenwick Willan LLP HFW Insurance Bulletin: February 2019 – Edition 1 In this issue: Regulation and legislation; Court cases and arbitration; Market Developments; HFW publications and events. 1. Regulation and legislation UK: Agreement between UK and Switzerland...
February 11th, 2019 | Arbiitration, Communication, Insurance and Reinsurance, Legal, Marine Insurance, Regulatory, Reports | Read More

Brexit tumult recalls Black Wednesday, Global financial stability roundtable

Brexit tumult recalls Black Wednesday, Global financial stability roundtable
. Commentary: Brexit tumult recalls Black Wednesday By Trevor Greetham in London The UK is in a fast-changing situation with much at stake. The degree of uncertainty over the future path of government policy on Brexit calls to mind the days running up to Black Wednesday in September 1992, when the UK...
December 11th, 2018 | Banking, Comment, Conferences, Seminars, Forums, Finance | Read More

Daily Overview of Global Markets & the SEE Region (Friday, November 23, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, November 23, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Ahead of this Sunday’s extraordinary meeting of EU leaders to endorse the Brexit Withdrawal Agreement, the UK and the European Commission agreed yesterday on a draft political declaration on the future UK/EU relationship. In a knee-jerk...
November 23rd, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@1,009: truth is stranger than fiction…

The BDI@1,009: truth is stranger than fiction…
John Faraclas – picture by ecopack77 The BDI (Baltic Dry Index) ended the day with yet another fall; at 1,009 – minus 55 might soon create one of the biggest disasters in shipping’s recent history if it goes below the 1,000 point-threshold, something though more than possible… We have seen...
November 14th, 2018 | Chartering, Comment, Dry Bulkcarriers, Markets, Military, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Leading UK freight forwarder sees increase in Brexit-related warehousing requests

Leading UK freight forwarder sees increase in Brexit-related warehousing requests
Davies Turner RDC at Dartford in Kent Davies Turner, the UK’s leading freight forwarder and logistics service provider, is seeing a definite upsurge in enquiries about the availability of warehousing space, driven by customer concerns about the outcome of the Brexit negotiations and the future of UK...
November 2nd, 2018 | Land Trasnport, Logistics, Port Conditions, Ports & Terminals, Trade and Commerce | Read More

Ukraine’s thorny IMF relationship, Roundtable with Donald Kohn

Ukraine’s thorny IMF relationship, Roundtable with Donald Kohn
Commentary: Ukraine’s thorny IMF relationship By Mark Sobel in Washington The IMF’s relationship with Ukraine has always been among its most high profile and difficult interactions. The US and Europe have consistently encouraged the IMF to remain engaged in Ukraine, viewing this as a means...
October 30th, 2018 | Banking, Civil Unrest, Events, Conferences,Forums and Symposiums, Finance | Read More

HFW: Iran sanctions – The English Court steers a course

HFW: Iran sanctions –  The English Court steers a course
Daniel Martin, partner HFW In our previous briefing, we looked at the challenges of complying with EU and US sanctions from 5 November 2018, when further US sanctions are re-imposed, and the need to steer a course between the divergent approaches which are being taken by the EU and the US. The Commercial...
October 19th, 2018 | Legal, Sanctions | Read More

ESPO Award 2018: North Sea Port

ESPO Award 2018: North Sea Port
10 October 2018 The ESPO Award 2018 will go to the port authority that creates a good workplace environment for its current and future employees and demonstrates its investment in a diverse and inclusive environment, facilitating mutual respect, non-discrimination and personal development. In the running...
October 10th, 2018 | Awards, Ports & Terminals | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, August 30, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, August 30, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: After the US and Mexico reached a NAFTA deal earlier this week, Canada rejoined talks aiming to either participate in this agreement or strike a separate one. Otherwise, US President Donald Trump has threatened to impose tariffs on...
August 30th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Tsipras on Greece: “Nothing matters much and very little matters at all”*

Tsipras on Greece: “Nothing matters much and very little matters at all”*
The end is nigh Without prejudice Today’s “Ulyssean” message from Ithaca that the bailout era ends is a midsummer’s night dream and proves how low-level spin doctors are in the entourage and court of Maximos’ Mansion ridiculing Greece’s PM. John Faraclas writes:  Mr. Tsipras MUST sack...
August 21st, 2018 | European Union, Politics and Government | Read More

The BDI@1,404 before the coming Shakespearian Tempest

The BDI@1,404 before the coming Shakespearian Tempest
John N. Faraclas The BDI (Baltic Dry Index) gained 14 points earlier on today as all indices were on the rise – minimal rise but rising. Geopolitics though are so enigmatic and perplexed that ultra-caution should be observed; John Faraclas’ midweek brief recap: The Capes’ BCI was up 23 points...
June 13th, 2018 | Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Ambassador Fatema Khamis Al Mazrouei seeks to step up trade links between the UAE and Europe

Ambassador Fatema Khamis Al Mazrouei seeks to step up trade links between the UAE and Europe
Her Excellency Fatema Khamis Al Mazrouei Boosting trade relations is high on the agenda of the ambassador of the United Arab Emirates to Denmark. Her Excellency Fatema Khamis Al Mazrouei says that her Copenhagen base is a strong platform for furthering growing links with the European Union as a whole. She...
May 3rd, 2018 | Insight, News, Person Profiles, Politics and Government | Read More

IUA media comment: EU/US covered agreement

IUA media comment: EU/US covered agreement
Dave Matcham Viewers can  find below an IUA comment on announcement by US Department of the Treasury and the Office of the US Trade Representative that they intend to sign Bilateral Agreement between the US and EU on Prudential Measures Regarding Insurance and Reinsurance. https://www.treasury.gov/press-center/press-releases/Pages/sm0124.aspx#.WWkFhgQPFhk.twitter Dave...
July 17th, 2017 | IUA | Read More

The Markets dive, the geopolitics are messy, terrorism must be smashed here and now!

The Markets dive, the geopolitics are messy, terrorism must be smashed here and now!
John Faraclas The BDI (Baltic Dry Index) was down 16 points at 918, Geopolitics continue to be messy all over, and Terrorism must be smashed here and now as excuses are, at best, SILLY! John Faraclas’ daily recap: The BDI approaches the 900 point mark and if same is broken then you better dive in an...
May 25th, 2017 | Breaking News, Markets, Person Profiles, Piracy and Terrorism, Politics and Government, Ship Finance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Greece: How much relief is actually needed to restore public debt sustainability

Greece: How much relief is actually needed to restore public debt sustainability
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., Greece Macro Monitor (4 May 2017) How much relief is actually needed to restore public debt sustainability Summary of views Contrasting the views of the IMF and the EU institutions on Greek public debt Sustainability...
May 4th, 2017 | Country Profiles, Reports | Read More

Geopolitical chaos and Capers’ volatility cannot guarantee positive expectations

Geopolitical chaos and Capers’ volatility cannot guarantee positive expectations
John Faraclas The BDI (Baltic Dry Index) closed up 19 points at 1,064; the geopolitical chaos in all fronts creates more upheaval. John Faraclas’ daily briefing: The Capers’ BCI 2014 gained 100 points, 78 points plus from yesterday’s rise – 22 points, and now reads 1,678! Despite this, owners...
March 9th, 2017 | Chartering, Conferences, Seminars, Forums, Containers, Country Profiles, Cruise Ferry, Cruise Industry, LNG, LPG, Markets, News, Ro-Ro and Passenger Ferries, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Socio-economic impact of the EU shipping industry remains solid

Socio-economic impact of the EU shipping industry remains solid
Patrick Verhoeven The EU shipping industry directly employed 640,000 people and supported a € 57 billion contribution to GDP in 2015. Adding supply chain and worker spending multiplier impacts, the shipping industry’s total employment contribution rises to 2.1 million people and its total GDP contribution...
February 27th, 2017 | Associations, Events, Conferences,Forums and Symposiums, Exhibitions | Read More

BDI@745: One size doesn’t fit all

BDI@745: One size doesn’t fit all
John Faraclas Despite the BDI’s 21 plus points since yesterday – thanks to the Capers, the rest of the dry and wet markets –  to a certain extent, were falling and Geopolitical uncertainty might bring a May Day soon; John Faraclas’ daily Recap: The BDI (Baltic Dry Index) ended the day earlier...
September 6th, 2016 | Containers, Dry Bulkcarriers, Markets, News, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

@688… the BDI is at least on the plus…

@688… the BDI is at least on the plus…
John Faraclas The Dry markets are getting slowly but steadily slightly better, in contrast with muddy Geopolitics; John Faraclas daily briefing: With 11 points plus the BDI (Baltic Dry Index) changes the otherwise bleak mood, given the worsening geopolitics… Both the Capes and Panamaxes respective...
July 4th, 2016 | Containers, Dry Bulkcarriers, Markets, Oil Industry, Sales and Purchases, Ship Demolitions, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

BDI@640: early days for further optimism…

BDI@640: early days for further optimism…
John Faraclas With another 13 points plus, the BDI (Baltic Dry Index) …alleviates BREXIT’s issues; John Faraclas reports: The Capers continued their double figure with 19 points, now reading 955 – very close to the 1, 000 threshold! The Panamaxes followed suit with 16 points plus, now standing...
June 29th, 2016 | Associations, Conferences, Seminars, Forums, Markets, News, Piracy and Terrorism, Politics and Government, Statistics, Stock Markets | Read More

Confront, don’t duck decision on Heathrow expansion, say UK forwarders

Confront, don’t duck decision on Heathrow expansion, say UK forwarders
Robert Keen The trade association that represents the UK’s freight forwarding and logistics businesses is concerned that last week’s news that the UK will leave the EU and that David Cameron will resign as Prime Minister will lead to further procrastination over the expansion of UK aviation capacity. Robert...
June 27th, 2016 | Associations, Aviation, Logistics, Trade and Commerce | Read More

Brexit: a preliminary assessment of the implications for the UK, the EU and Greece

Brexit: a preliminary assessment of the implications for the UK, the EU and Greece
Global Economic & Market Outlook – Focus Notes (24 June, 2016) Brexit: a preliminary assessment of the implications for the UK, the EU and Greece In the UK referendum of June 23rd the British people voted in favour of leaving the European Union by 51.9% (17.41mn voters). Turnout was 72.2%,...
June 24th, 2016 | Banking, Comment, European Union, Finance, Insight, Organisations, Politics and Government, Reports, Statistics, Stock Markets, Trade and Commerce | Read More

The Great Brexit debate

The Great Brexit debate
Dr. Andreas Koutras The birth of EU Seventy two years ago to the day, 6th June 1944, the allies embarked on a huge operation to liberate and save Europe. Operation Overlord, the code name for the D-Day landings was a success albeit with high cost of human life. The operation names of the beaches, Utah...
June 7th, 2016 | Associations, European Union, News, Organisations, Politics and Government | Read More

Iran Trading – P&I cover update

Iran Trading – P&I cover update
Following from the Steamship Insurance Management Services Limited London Circular: L.273 Further to Club Circular L.272 concerning the lifting of EU and US sanctions under the JCPOA, the Club has published a follow-up circular addressing P&I cover issues in connection with trade to/from Iran, and...
March 22nd, 2016 | Marine Insurance, P and I Clubs, Sanctions | Read More

Ports Regulation: text up for adoption in Parliament leaves a lot to be desired

Ports Regulation: text up for adoption in Parliament leaves a lot to be desired
Patrick Verhoeven Tomorrow, Members of the European Parliament will be voting on the EU Ports Regulation and, more specifically, on rapporteur Knut Fleckenstein’s report, which was previously adopted by the Transport (TRAN) Committee. Overall, European shipowners are disappointed with the TRAN text,...
March 8th, 2016 | Associations, Ports & Terminals | Read More