EU is supporting infrastructure upgrades on Tallinn-Helsinki maritime link TWIN-PORT with an EUR 21.4 million funding.
European Union
Falling BDI@1,554 “thanks” to the Capes’ volatility…
John Faraclas
The BDI (Baltic Dry Index) fell earlier on today 20 points; it was an expected result following yestedays perplexed figures… the Geopolitical and mainly economic chaos and environmental “concerns” all over Planet Ocean will affect everything. John Faraclas’ brief daily recap:
The Capes’ BCI lost 51 points and now stands at 2,148 – still a good level, but… The most volatile of all indices sends alarms around…CAUTION
A bit of good news from the Panamaxes; a good 27 points plus recovery...
http://www.allaboutshipping.co.uk/2018/10/04/falling-bdi1554-thanks-to-the-capes-volatility/
UK freight forwarders association expresses surprise at the recent news on the UK Government’s plans for Customs
Robert Keen
The trade association for UK freight forwarders has expressed its surprise at the recent report in the Times newspaper that the UK Government is planning to invest £8 million in customs training and automation to support the extra demand for customs brokerage services in the event that the UK leaves the EU without a deal in March 2019.
Robert Keen, Director General of the British International Freight Association (BIFA) says that in light of the significance of such news on the work...
Despite the global financial turmoil the BDI’s renowned volatility is here to stay…
John Faraclas
The BDI was up 53 points earlier on today and now stands at 1,503 points surpassing the crucial but also psychological threshold of 1,500. The Geopolitical turmoil coupled with the Trade War, Sanctions, Tariffs will soon become a catalyst and the shit will hit the fan… John Faraclas’ brief recap:
The Capes’ BCI with 42 points plus are recapitulating and hopefully the 2,000 point mark will be conquered subject the trade war easy’s down… Let the 1,910 points be the base…
The Panamaxes’...
Brexit – impact of a “no deal” on English disputes with EU counter-parties
Nicola Gare, professional support lawyer
In preparation for what many now see as being the most likely outcome, the UK Government (Government) has published its guidance on how disputes will be dealt with in the event of the UK exiting the EU without it first having agreed a framework with the EU for ongoing civil judicial cooperation.
If the UK exits Brexit on a “no deal” basis, from 11pm on 29 March 2019 the transition arrangements keeping the status quo until at least the end of December 2020...
Report to Congress on U.S.-Turkey Relations
The following is the Aug. 31, 2018 Congressional Research Service report Turkey: Background and U.S. Relations.
From the report
Turkey, a NATO ally since 1952, significantly affects a number of key U.S. national security issues in the Middle East and Europe. U.S.-Turkey relations have worsened throughout this decade over several matters, including Syria’s civil war, Turkey-Israel tensions, Turkey-Russia cooperation, and various Turkish domestic developments. The United States and NATO have...
https://news.usni.org/2018/09/20/report-congress-u-s-turkey-relations-2