Greece

GLOBAL & REGIONAL DAILY (Thursday 23 July 2020)

GLOBAL & REGIONAL DAILY (Thursday 23 July 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

July 23 2020

Global Markets

Investors’ focus centres on more fiscal stimulus to support the economic recovery from the Covid-19 crisis despite heightened US/China tensions. Meanwhile, worries regarding increased Covid-19 infections prevail, as the number of infections exceeded 15mn globally.

Greece

According to the OECD’s forecast released yesterday, Greece’s GDP will contract by 8.0% and employment by 3.5% in 2020,...

https://www.allaboutshipping.co.uk/2020/07/23/global-regional-daily-thursday-23-july-2020/

Midweek’s Midsummer Market Blues…

John Faraclas

Midweek’s Midsummer Market Blues…

The BDI (Baltic Dry Index) lost 121 points since yesterday and now stands at 1,473 – losing also the 1,500 points threshold “thanks” to the volatile Capes’ fall… Geopolitics continue to get sour particularly with yet another sand-off between Greek and Turkish forces, whilst Planet Ocean slides to an enigmatic new era. CAUTION. John Faraclas’ midweek recap:

The Capes lost 303 points with the BCI down to 2,426 points – minus 303, and conversely the...

https://www.allaboutshipping.co.uk/2020/07/22/midweeks-midsummer-market-blues/

GLOBAL & REGIONAL DAILY (Wednesday 22 July 2020)

GLOBAL & REGIONAL DAILY (Wednesday 22 July 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

July 22 2020

Global Markets

Risk-on sentiment turned into concern about rising coronavirus cases and political disagreement over an additional round of US fiscal stimulus. The EUR/USD skyrocketed to its highest level of 1.1547 since January 2019 following the EU Recovery Fund agreement.

Greece

According to the BoG, in the period Jan-May 2020, the current account deficit reached €5.6bn, up by €706mn YoY, as the...

https://www.allaboutshipping.co.uk/2020/07/22/global-regional-daily-wednesday-22-july-2020/

Dries fell further and Geopolitics might go out of control anytime…

John Faraclas

Dries fell further and Geopolitics might go out of control anytime…

The BDI (Baltic Dry Index) lost 84 points since yesterday and now stands at 1,594 – It also lost the 1,600 points threshold… The Wets managed to survive for yet another day. Geopolitics might turn sour with Turkey’s despicable behaviour against Greece and Cyprus – two EU sovereign states, given also the tolerance sawn by the UN, EU, and NATO… All the rest and in particular all these statements against Turkey, are...

https://www.allaboutshipping.co.uk/2020/07/21/dries-fell-further-and-geopolitics-might-go-out-of-control-anytime/

GLOBAL & REGIONAL DAILY (Tuesday 21 July 2020)

GLOBAL & REGIONAL DAILY (Tuesday 21 July 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

July 21 2020

Global Markets

Risk-on sentiment prevailed on Tuesday after EU leaders finally reached a deal overnight on the Recovery Fund, entailing €390bn of non-repayable grants – down from €500bn initially proposed – and €360bn of low-interest loans.

Greece

Following the marathon EU Summit on the Recovery Fund, Greek PM Kyriakos Mitsotakis called the outcome a “national success” that would allocate Greece around...

https://www.allaboutshipping.co.uk/2020/07/21/global-regional-daily-tuesday-21-july-2020/

POSIDONIA 2020 – Cancellation

POSIDONIA 2020 – Cancellation

It is with a great deal of regret that we are announcing the cancellation of Posidonia 2020, originally planned for June 2020 and subsequently postponed to October 2020.

We have reached this difficult decision following close consultation with many exhibitors and with our shipping community stakeholders, after assessing the current state of Covid-19 in countries around the world.

The worrying increase of cases in certain jurisdictions and the inability to predict...

https://www.allaboutshipping.co.uk/2020/07/20/posidonia-2020-cancellation/

GLOBAL & REGIONAL DAILY (Monday 20 July 2020)

GLOBAL & REGIONAL DAILY (Monday 20 July 2020) 

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

July 20 2020

Global Markets

Asian equity indices started the week on a firm tone and the euro surged to a four-month high against the US dollar, as EU leaders appeared to have made progress towards an agreement on the Recovery Fund. EU talks are likely to resume later in the day.

Greece

According to ELSTAT, for the enterprises of the economy as a whole, obliged to double-entry accounting bookkeeping, for which data are...

https://www.allaboutshipping.co.uk/2020/07/20/global-regional-daily-monday-20-july-2020/

DNV GL: PSC Interactive Workshop offered via virtual classroom

DNV GL: PSC Interactive Workshop offered via virtual classroom

Port State Control (PSC) has become more active in recent years and PSC regimes will continue to take measures to ensure that ships are in compliance with international requirements related to safety, pollution prevention and manning conditions on board.

Aim:

This one-day workshop offers practical guidance on how to prepare for and manage PSC inspections. Participants will be introduced to a number of useful PSC tools specially...

https://www.allaboutshipping.co.uk/2020/07/20/dnv-gl-psc-interactive-workshop-offered-via-virtual-classroom/

+ More
Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.