Posts Tagged ‘USA’

The BDI@ 1,725 amid an upcoming geopolitical chaos

The BDI@ 1,725 amid an upcoming geopolitical chaos
John Faraclas – picture credits by Georgina Lazaridis The BDI (Baltic Dry Index) gained 16 points earlier on today; Geopolitics still chaotically messy! John Faraclas’ market briefing: The Capes still the main driver for the dry cargoes saw the BCIp up 51 points at 3,587. The Panamaxes managed...
August 14th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, August 14, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, August 14, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity indices advanced on Tuesday, the US dollar retreated from its highest level in about 14 months while US Treasury yields edged higher, as the Turkish Lira was broadly stable overnight, though Chinese shares traded lower...
August 14th, 2018 | Banking, Finance, Markets, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, August 13, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, August 13, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity markets traded in the red on Monday as a plunge in the Turkish lira generated a sell-off in risky assets while boosting demand for safe haven currencies such as the Swiss franc, the yen and the US dollar. After losing...
August 13th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, August 10, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, August 10, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity markets pulled back on Friday as turmoil in major emerging markets (the plunging Turkish lira, Sino-US trade conflict as well as US sanctions on Russia for election meddling) continued to dampen sentiment. In FX markets,...
August 10th, 2018 | Banking, Finance, Markets, Reports, Sanctions, Shipfinance, Statistics, Stock Markets | Read More

The United States formally reimposes secondary sanctions against Iran

The United States formally reimposes secondary sanctions against Iran
Joe Hughes From the American Club to its members: AUGUST 07, 2018   CIRCULAR NO. 28/18   TO THE MEMBERS OF THE ASSOCIATION   Dear Member:   THE UNITED STATES FORMALLY REIMPOSES SECONDARY SANCTIONS AGAINST IRAN   Introduction On May 8, 2018, President Trump withdrew the United States from participation...
August 7th, 2018 | News, P and I Clubs, Sanctions | Read More

Peggy Nordeen named Seafarers’ House Business Leader of the Year

Peggy Nordeen named Seafarers’ House Business Leader of the Year
Peggy Nordeen August 6, 2018 – FORT LAUDERDALE, FL – Seafarers’ House is pleased to announce that Peggy Nordeen, CEO of Starmark International, Inc. has been selected as Seafarers’ House 2018 South Florida Business Leader of the Year. Nordeen will be honored at the 23rd Annual South Florida...
August 6th, 2018 | Awards, Charity | Read More

Hot Port News from GAC

Hot Port News from GAC
03-Aug-2018 NEW PORT OF GALVESTON BERTH DRAFT RESTRICTIONS Port of Galveston NEW REGULATIONS FOR LPG VESSELS AT TURKISH STRAITS Turkish Straits, Turkey New Port of Galveston berth draft restrictions Friday, August 3, 2018, Port of Galveston The Galveston Texas City Pilots have determined that the maximum...
August 3rd, 2018 | Canals, Inland Waterways, Port Conditions, Ports & Terminals | Read More

Price, Takahashi, Weis and Killian Claim Governor’s Cup Semifinal Berths

Price, Takahashi, Weis and Killian Claim Governor’s Cup Semifinal Berths
MATCH OF THE DAY – Christophe Killian (USA) led early, but in the end lost to regatta leaderHarry Price in a superbly contested match on Thursday, at the 52nd annual Governor’s Cuppresented by Farmers & Merchants Bank and hosted by Balboa Yacht Club NEWPORT BEACH, CA (Thursday, July 19, 2018)...
July 20th, 2018 | Sailing, Sports, Yachting | Read More

The Power of the Public

The Power of the Public
Plastic Straws:  An Environmental Problem Gaining Importance to the Public- and the Marine Industry Every day, Americans use 500,000,000 plastic straws. Arranging these straws end-to-end would create a line of plastic over 62,000 miles long, enough to circle the Earth 2.5 times per day. Single-use plastic...
July 13th, 2018 | Associations, Environment, News, Oceanology, Pollution | Read More

Daily Overview of Global Markets & the SEE Region (Friday, July 13, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, July 13, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US CPI rose 2.9%YoY in June, the biggest annual increase in nearly 6 ½ years and core CPI increased to an 18-month high of 2.3%YoY, supporting the case for two additional Fed rate hikes by the end of this year. Turning to FX markets,...
July 13th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, July 12, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, July 12, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global stocks and commodities rebounded in early trade on Thursday with markets trying to consolidate from y-day’s sell-off due to the escalation of the trade dispute between the US and China following the US Trade Representative’s...
July 12th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, July 06, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, July 06, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US tariffs on more than 800 imported goods from China worth $34bn took effect earlier today, with China’s Ministry of Commerce reportedly saying that it is forced to retaliate with tariffs on $34bn imported US goods including autos...
July 6th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Djibouti – Doraleh port terminal: U.S. Congressman Bradley Byrne expresses concern about Chinese actions in Africa

Djibouti – Doraleh port terminal: U.S. Congressman Bradley Byrne expresses concern about Chinese actions in Africa
U.S. Congressman Bradley Byrne Djibouti recently illegally seized control of the Doraleh port terminal by presidential decree, and some reports indicate Djibouti plans to gift the facility to the Chinese government WASHINGTON D.C., United States of America, July 4, 2018/ — Congressman Bradley Byrne...
July 4th, 2018 | Politics and Government, Ports & Terminals | Read More

HFW Briefing – Bunker contamination in the US Gulf

HFW Briefing – Bunker contamination in the US Gulf
Paul Dean Following recent reports of marine fuel contamination on an unprecedented scale in the US Gulf Region, we briefly consider some of the issues arising for those affected parties, including shipowners, time charterers and bunker suppliers Background Reports suggest that possibly up to one hundred...
July 4th, 2018 | Bunkering, Legal | Read More

Maritime Tech group part of Marine Money Week

Maritime Tech group part of Marine Money Week
Dr. Christopher Clott Tuesday June 19 MM Logo and MGTIC Logo Present Connecting and Catalyzing Promising Maritime Tech Developments in New York and the World Developing an Innovation Center for Maritime Technologies in New York NEW YORK- June 9, 2018- On Tuesday June 19th during Marine Money’s marathon...
June 11th, 2018 | Events, Conferences,Forums and Symposiums, Shipfinance | Read More

Hot Port News from GAC

Hot Port News from GAC
29-May-2018 MARINE SITE INVESTIGATION AT SOKO ISLANDS Hong Kong ALBERTO MOVING THROUGH CENTRAL ALABAMA Alabama, United States Marine site investigation at Soko Islands Tuesday, May 29, 2018, Hong Kong For approximately one month, marine site investigation involving drilling of boreholes will be carried...
May 29th, 2018 | Port Conditions, Ports & Terminals | Read More

Hot Port News from GAC

Hot Port News from GAC
26-May-2018 WORLD HOLIDAYS: 27 MAY-9 JUNE 2018 Worldwide World Holidays: 27 May-9 June 2018 Saturday, May 26, 2018, Worldwide Public holidays around the world in the coming two weeks include the following: 27 May (Sun) – Children’s Day (Nigeria) 28 May (Mon) – Spring bank...
May 26th, 2018 | Holidays, Ports & Terminals | Read More

Hot Port News from GAC

Hot Port News from GAC
25-May-2018 TEMPORARY ESTABLISHMENT OF SCIENTIFIC RESEARCH BUOY Hong Kong SUPPLY AND DELIVERY OF SAND AT TUAS VIEW EXTENSION Singapore COMMISSIONING OF LANDING STEPS & TEMPORARY CLOSURE OF FLOATING PONTOON Singapore MAINTENANCE WORKS TO CONTINUE Kiel Canal, Germany STORM CROSSING THE GULF, EXPECTED...
May 25th, 2018 | Canals, Ports & Terminals, Weather | 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

On the wave 2018: Iran – Sanctions – Back to the future?

On the wave 2018:  Iran – Sanctions – Back to the future?
.. Iran – Sanctions – Back to the future? On 8 May 2018, President Trump announced his decision to withdraw the United States from the Join Comprehensive Plan of Action (JCPOA) and to impose once again on Iran several sanctions which were lifted in January 2016 under the JCPOA. This is a significant...
May 15th, 2018 | Legal, Sanctions | Read More

US-Iran Sanctions: The JCPOA – the new US position The JCPOA: The new US position is now clear…Sort of

US-Iran Sanctions: The JCPOA – the new US position   The JCPOA: The new US position is now clear…Sort of
The JCPOA: The new US position is now clear…Sort of by Douglas Maag, Legal Counsel, Clyde & Co As noted in our blog last week, President Trump threatened last January to withdraw from the Joint Comprehensive Plan of Action (JCPOA) if he did not think its flaws could be fixed. While the JCPOA...
May 10th, 2018 | Markets, Sanctions | Read More

Another Capes’ spike with the BDI@1,432 …and the War IS on…

Another Capes’ spike with the BDI@1,432 …and the War IS on…
John Faraclas The BDI (Baltic Dry Index) ended earlier on today at 1,432 points – that’s 48 points higher since last Friday the 4th of May, thanks to the as ever volatile Capes which produced another spike… Wold Peace is in disarray as Geopolitics as we expected and stated in writing –  after...
May 8th, 2018 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Markets, News, People and Places, Reports, Shipping Indices, Story of the Month, Tankers | Read More

Hot Pot News from GAC

04-May-2018 PILOTS SEEK STAKEHOLDER INPUT Houston, United States Pilots seek stakeholder input Friday, May 4, 2018, Houston, United States The Houston Pilots will hold a Tariff Revision Workshop on May 17 to seek stakeholder input on proposed revisions to the Houston Pilots tariff. Based on input received...
May 4th, 2018 | Port Conditions, Ports & Terminals | Read More

US-Iran Sanctions: Future of the JCPOA?

US-Iran Sanctions: Future of the JCPOA?
  Insight / US-Iran Sanctions The JCPOA: It’s Still Uncertain What Will Happen, but Here’s What Could Happen by Douglas Maag*, Legal Councellor, Clyde & C0 On January 12 of this year, President Trump announced his intention to not renew US sanctions waivers that underpin US participation...
May 4th, 2018 | Legal, Sanctions | Read More

Maersk Supply Service begins environmental studies for deep sea metal company

Maersk Supply Service begins environmental studies for deep sea metal company
.. Thursday 26 April 2018, Maersk Launcher left San Diego port for its first deep sea mineral offshore study. The departure marks an important milestone for Maersk Supply Service’s work with deep sea metal company, DeepGreen. Maersk Supply Service began working with DeepGreen Metals (DeepGreen) in...
April 26th, 2018 | Environment | Read More