Posts Tagged ‘North Korea’

The United States issues updated guidance regarding North Korea’s illicit shipping practices

The United States issues updated guidance regarding North Korea’s illicit shipping practices
The United States issues updated guidance regarding North Korea’s illicit shipping practices At a Glance… On Thursday March 21 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) updated the advisory document it published on February 23 regarding North Korea’s...
March 28th, 2019 | Legal, Sanctions | Read More

American Club circular No. 10/19 – Recent US Government advisories concerning Iran, North Korea and Syria

American Club circular No. 10/19 – Recent US Government advisories  concerning Iran, North Korea and Syria
Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club MARCH 27, 2019, CIRCULAR NO. 10/19 TO MEMBERS OF THE ASSOCIATION Dear Member: RECENT US GOVERNMENT ADVISORIES CONCERNING IRAN, NORTH KOREA AND SYRIA The US government has recently issued the attached advisories in...
March 27th, 2019 | Marine Insurance, P and I Clubs, Sanctions | Read More

The BDI’s fall raises many issues amid deteriorating Geopolitics

The BDI’s fall raises many issues amid deteriorating Geopolitics
John Faraclas The BDI (Baltic Dry Index) lost another 34 points today and now reads 1,239 which is 1,008 points below the end of December 2013 closing; back to square one, unfortunately but expected. The Capes, the most volatile of all sizes id the culprit… Geopolitics might even get worse. As we have...
May 21st, 2018 | Chartering, Containers, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Stock Markets, Trade and Commerce | Read More

Diving BDI or another “correction”… wonder?

Diving BDI or another “correction”… wonder?
John Faraclas The BDI had one of its most unexpected falls since the beginning of the year; at minus 65 points it now stands at 1,403 and about to go even below, given the Capes triple digit collapse… Geopolitics take a dive too… John Faraclas’ brief mid-week recap: The Capes lost 195 point and...
May 16th, 2018 | Chartering, Dry Bulkcarriers, Energy, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Unsustainable BDI; messy Geopolitics…

Unsustainable BDI; messy Geopolitics…
John Faraclas The BDI (Baltic Dry Index) ended its upwards “rally” with a minus two point loss; Geopolitics are getting more than perplexed. John Faraclas’ daily briefing: The BDI now stands at 1,123 points  – once again thanks to the Capers which managed to clinched another 34 points –...
February 12th, 2018 | Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Supras and Handies “surge” …

Supras and Handies “surge” …
John Faraclas “13 for Luck” was one of Agatha Cristie’s best novels with a unique plot  and for those who have read and studied same they can understand the significance of the book and its plot with what takes place in the Dry and Wet markets since 2004 to to date, add the 13 points plus the...
September 18th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Daily Overview of Global Markets & the SEE Region (Friday, September 15, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, September 15, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Major European equity indices opened lower on Friday, following a rather mixed picture in Asian equity markets, after North Korea fired...
September 15th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, September 12, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, September 12, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Perceived risky assets retained a positive tone in early trade on Tuesday as fears over another missile launch from North Korea over...
September 12th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Shipfinance, Statistics, Stock Markets | Read More

Falling Dry Market; Wet “re-surfacing”… and Geopolitical Blues…

Falling Dry Market; Wet “re-surfacing”… and Geopolitical Blues…
John Faraclas The BDI (Baltic Dry Index) despite a short lived “rebound” fell six points since last Friday and now reads 1,203. The Wets due to the Geopolitical and Natural disaster events are on the rise. Geopolitics might take a sour turn… John Faraclas daily recap: After a long weekend coupled...
August 29th, 2017 | Dry Bulkcarriers, Earthquakes, Tsunamis, Cyclones and Typhoons, Insight, Markets, News, Reports, Shipping Indices, Short-sea shipping, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, August 29, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, August 29, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of global equity indices traded lower in early trade on Tuesday as risk appetite soured following news about a North Korea missile test....
August 29th, 2017 | Banking, Company Profiles, Finance, Markets, Military, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Wets Dry out… and geopolitics ignite

Wets Dry out… and geopolitics ignite
John Faraclas It is always that we all go firstly for the Dry Markets and the BDI (Baltic Dry Index) and on …second thoughts we refer and advise you on the Wets… as main news on the Markets which are edging towards the bottom lately… Geopolitics are about to ignite, delivering more and more mess!...
August 15th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Politics and Government, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

BDI surges amid enigmatic Geopolitics

BDI surges amid enigmatic Geopolitics
John Faraclas The BDI (Baltic Dry Index) ended up at 1,138 points – plus 46 since yesterday and over one hundred since last Friday the 4th of August – to be precise it gained 106 points (from 1,032); The Geopolitics remain more than enigmatic and caution is advised… John Faraclas daily and weekly...
August 11th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The Pros and Cons of the BDI@1,092 amid Geopolitical uncertainty

The Pros and Cons of the BDI@1,092 amid Geopolitical uncertainty
John Faraclas The BDI (Baltic Dry Index) – thanks to the Capers and partly to the Panamaxes, managed to gain 42 points and now reads 1,092… The Geopolitical uncertainty which seems a bit extended, as well as alarming, due to the North Korean palaver, might produce a bit of everything…and affect...
August 10th, 2017 | Bribery and Corruption, Chartering, Containers, Dry Bulkcarriers, Liner Shipping and Trade, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

The BDI loses steam again; Geopolitics in jeopardy…

The BDI loses steam again; Geopolitics in jeopardy…
John Faraclas With only two points plus the BDI (Baltic Dry Index) at 1,038 loses steam yet again and we reiterate the view that the need of an injection as we stressed yesterday, is a MUST. Geopolitics are so bad that the entire economy on Planet Ocean may actually collapse despite the figures you see...
August 8th, 2017 | Chartering, Container shipping, Containers, Dry Bulkcarriers, Immigration, Liner Shipping and Trade, Markets, News, Oil Industry, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

New UN sanctions target North Korea’s exports of strategic commodities

New UN sanctions target North Korea’s exports of strategic commodities
On 5 August 2017 the United Nations Security Council unanimously approved a significant expansion of the UN sanctions regime against North Korea, in response to North Korea’s recent ballistic missile tests.    Resolution 2371 (2017) (the Resolution) targets key elements of North Korea’s economy,...
August 6th, 2017 | Legal, Organisations, Politics and Government, Sanctions, UN | Read More

Capers …“save” the BDI; Geopolitics in turmoil…

Capers …“save” the BDI; Geopolitics in turmoil…
John Faraclas As Capers remained …”afloat” with 86 plus points, bringing the BCI up at 1,225 points; so does the BDI@946 – up 13 – for luck… per Agatha Cristies’ novel. The geopolitics are anytime now going to produce, as we have foreseen, a total mess. John Faraclas’ daily recap: The...
July 31st, 2017 | Military, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Daily Overview of Global Markets & the SEE Region (Monday, July 31, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, July 31, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of global equity indices traded higher on Monday, shrugging off North Korea’s latest missile test late on Friday and the US response...
July 31st, 2017 | Banking, Company Profiles, Finance, Markets, Military, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@942; the dry fall continues…

The BDI@942; the dry fall continues…
John Faraclas The BDI (Baltic Dry Index) fell another 26 points earlier on today and now stands at 942; the Geopolitics continue to shake the Globe to its foundations and expect a …tsunami, a business so to speak tsunami to strike soon. John Faraclas’ daily recap: The Capers’ BCI down 68 point...
July 27th, 2017 | Chartering, Consumers Market, Dry Bulkcarriers, European Union, Headlines, Inland Waterways, Insight, Mediterranean Shipping, Military, News, Piracy and Terrorism, Politics and Government, Ports & Terminals, Reports, Sanctions, Shipping Centers, Statistics, Stock Markets, Trade and Commerce, UN | Read More

The BDI@1,005 – minus two is NOT the issue

The BDI@1,005 – minus two is NOT the issue
John Faraclas The BDI (Baltic Dry Index) lost two points earlier on today and many analysts wonder why it’s minus as the other indices where…covering the difference – or is it a mathematical analysts’ index paradox…? The Geopolitics are more than messy and we insist for all to be on guard....
May 10th, 2017 | European Union, Markets, Military, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, UN | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, May 02, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, May 02, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of global equity markets were firmer in early trade on Tuesday, with investors focusing on stronger than expected US tech industry earnings...
May 2nd, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

He Has Risen, but not the …BDI…

He Has Risen, but not the …BDI…
John N. Faraclas The BDI (Baltic Dry Index) closed down two points since last Thursday the 13th of April at 1,294 proving that there isn’t much steam to raise the dry markets and lead to the mana from heavens…. err to the 2,200 point-mark – the level as of the end of December 2013 which might...
April 18th, 2017 | Markets, Military, News, Reports, Shipping Indices | 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

BDI “rebounds” back @600 flat…

BDI “rebounds” back @600 flat…
John Faraclas “Beating” Friday 13th’s superstition, the BDI was up 21 points; John Faraclas assesses the Markets and Geopolitics affecting same in one of the most crucial periods for the entire seaborne-trade… Despite this “rebound” the BDI was down 31 points since last week’s 631 points...
May 13th, 2016 | Energy, European Union, Immigration, Markets, Military, News, Organisations, Politics and Government, Shipping Indices, Stock Markets | Read More

US Enacts Secondary Sanctions Concerning North Korea

US Enacts Secondary Sanctions Concerning North Korea
On February 18, 2016, President Obama signed the North Korea Sanctions and Policy Enhancement Act of 2016 into law. The wide-ranging law was enacted in response to North Korea’s nuclear weapons test on January 6, 2016, and it significantly expands the scope of the current US-North Korean sanctions...
February 29th, 2016 | Sanctions | Read More

Mid-week BDI blues @ 290…

Mid-week BDI blues @ 290…
John Faraclas Mid-week BDI blues @ 290… and Geopolitics blues; John Faraclas special midweek report: Drop, …Drop, ..Drop; where’s the stop? With minus one point the Baltic Dry Index (BDI) stood at 290 earlier on this afternoon. It seems that this is natural given the global situation and the festivities...
February 10th, 2016 | Banking, Energy, Immigration, Insight, Markets, Piracy and Terrorism, Reports, Ship Finance, Shipfinance, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More