Port Houston’s Export Triumph Amidst Challenges

Credit: pymnts/Unsplash

Port Houston has once again experienced a significant increase in loaded exports through its Bayport and Barbours Cut Container Terminals,says an article published on port houston website.

September Export Surge

Port Houston experienced a record-breaking increase in loaded exports during September, marking a significant milestone in its history. Handling 124,739 loaded export TEUs, this surge, a 21% increase compared to the same period in 2022, is primarily attributed to...

https://mfame.guru/port-houstons-export-triumph-amidst-challenges/

Global Economy 2023

Credits: Eric Prouzet/Unsplash
Countries by Share of the Global Economy

As 2022 draws to a close, we may look back on numerous significant historical events that occurred during the year, such as the Earth reaching 8 billion people and the global economy surpassing $100 trillion.

Using statistics from the IMF, we depict the world’s GDP in this graph, highlighting the largest economies and the percentage of global economic activity they account for.

The GDP Heavyweights

If the world economy were a...

https://mfame.guru/global-economy-2023/

Is The Global Economy Getting Out Of Hand?

Credit: regularguy.eth/Unsplash
  • America’s inflation is coming down because pandemic-related disruptions to supply chains are dissipating.
  • China’s economy has the biggest potential to spring a pleasant surprise in 2023 because it has been so damaged by the zero-covid policy and a housing crash.
  • Rising infections mean more lockdowns could be imminent.

There are still major issues with American inflation, the energy crisis in Europe, and China’s zero-covid policy as reported by The Economist.

Dollar...

https://mfame.guru/is-the-global-economy-getting-out-of-hand/

Loaded and Rolling: Trailer as a service; large carrier Q2 earnings boon

Loaded and Rolling Cover ImageTrailer-as-a-service partnership 
(Source: FreightVana)

Trailer pool services are gaining adoption. Wabash, a major manufacturer of equipment, recently announced a partnership with Phoenix-based freight brokerage FreightVana to supply the company with its trailer-as-a-service (TaaS) platform. The platform will provide FreightVana customers with trailer pool services as part of the power-only offering known as FreightVana X. 

This comes as more shippers seek trailer pools to provide greater...

https://www.freightwaves.com/news/loaded-and-rolling-trailer-as-a-service-large-carrier-q2-earnings-boon

Weak GDP for October shows how vulnerable economy is to fresh covid shock

Weak GDP for October shows how vulnerable economy is to fresh covid shock

Sussanah Streeter

Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown

‘’The interest rate dilemma has intensified for the Bank of England. The latest reading for the economy shows just how vulnerable the economy was to a fresh shock, with output in October growing by just 0.1%: weaker than expected. The spread of the Omicron variant is now set to be the body blow, sending the recovery reeling, while...

https://allaboutshipping.co.uk/2021/12/10/weak-gdp-for-october-shows-how-vulnerable-economy-is-to-fresh-covid-shock/

SUMMER HOLIDAY SALE

Summer Holiday Sale

Macro Macchiato

A SHIPPING MARKETS SUMMER SNAPSHOT  AND A SUMMER HOLIDAY SALE

In brief….

  • GDP expectations for this year and for 2022 are up while the vaccine-variants race continues. 
  • China’s govt is meddling in commodity markets…the biggest risk to outstanding bulker markets, but this is not a Supercycle. Yet.
  • Get our latest Dry Bulk Quarterly for just £99 instead of £500 while I am on holiday
  • Middle Eastern politics are having zero effect on miserable tanker markets. All the...

https://allaboutshipping.co.uk/2021/08/06/summer-holiday-sale/

IMF Forecasts A Worse Recession Amid COVID Crisis

The International Monetary Fund updated its predictions for the COVID-19 recession June 24, saying its April prediction was not severe enough, reports Industry Week.

GDP expected to shrink

The IMF now anticipates the global economy to contract by 4.9% in 2020, or 1.9 points more than it expected in April. The GDP of advanced economies, including the United States, are expected to shrink by a crushing 8.0%.

Depending on how the pandemic evolves, the updated forecast anticipates persistent social...

https://mfame.guru/imf-forecasts-a-worse-recession-amid-covid-crisis/

GLOBAL & REGIONAL DAILY (Wednesday 9 June, 2021)

GLOBAL & REGIONAL DAILY (Wednesday 9 June, 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

June 9  2021

Global Markets

US Treasuries extended recent gains on the back of reduced inflation expectations ahead of tomorrow’s all-important US CPI for May. In FX markets, range trading continued to prevail.

Greece

According to press, the 10yr GGB – issued in Jan-21 at a record low yield of 0.807%, will re-open today in order for the Hellenic Republic to raise an additional €1.5-2.0bn. According to INSETE, planned...

https://allaboutshipping.co.uk/2021/06/09/global-regional-daily-wednesday-9-june-2021/

BIMCOs Shipping Market Overview & Outlook – June 2021. Focus: dry bulk and macroeconomics

BIMCOs Shipping Market Overview & Outlook – June 2021. Focus: dry bulk and macroeconomics

Peter Sand

Macroeconomics: pandemic disruption hits supply chains as multi-paced recovery takes hold

Despite diverging pandemic paths in the world, global growth is forecast to reach 6% this year, according to the International Monetary Fund, following a 3.3% contraction last year. There are, however, still plenty of downside risks, especially as parts of the world are facing their worst coronavirus outbreaks...

https://allaboutshipping.co.uk/2021/06/01/bimcos-shipping-market-overview-outlook-june-2021-focus-dry-bulk-and-macroeconomics/

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