Why is the bulk carrier freight market uninspiring?

Why is the bulk carrier freight market uninspiring?

Why is the Bulk Carrier Frieght Market Missing Its Seasonal Peak?
It might be due to changes in seaborne coal trade. 

I’ve been wondering why the bulk carrier freight market has been uninspiring of late when we would expect it to be enjoying its seasonal peak. Is it something to do with coal? According to commodity reporting service Argus, global coal exports in January-October 2020 stood at 804 Mn T, down from 938  Mn T in the first 10 months of...

https://allaboutshipping.co.uk/2020/11/24/why-is-the-bulk-carrier-freight-market-uninspiring/

Labour fails to get its act together, Outlook for UK economy

Labour fails to get its act together, Outlook for UK economy

Commentary: Labour fails to get its act together

By Meghnad Desai in London

Britain’s ruling Conservatives have done a poor job in controlling the pandemic and guiding the country to a future outside the European Union. Facing daunting political, economic and social challenges, the UK needs an effective Labour party to hold Prime Minister Johnson and his underperforming government to account. The long-running blight over Labour’s...

https://allaboutshipping.co.uk/2020/11/24/labour-fails-to-get-its-act-together-outlook-for-uk-economy/

Market survival a MUST as Geopolitics and COVID-19 become nasty…

John Faraclas – picture by ecopack77

Market survival a MUST as Geopolitics and COVID-19 become nasty…

The BDI (Baltic Dry Index) after a long loop managed slowly slowly to regain lost ground and now stands at 1.148 points – plus 14 since yesterday and plus 33 from last Friday’s (13/11) 1,115 points. Wets too on an upwards mild “surge”. Expect tsunamis in Geopolitics coupled with a mess Coronavirus (COVID-19) perplexed developments. John Faraclas’ daily and weekly recaps:

The Capes were the only...

https://www.allaboutshipping.co.uk/2020/11/20/market-survival-a-must-as-geopolitics-and-covid-19-become-nasty/

Public pension funds face a defining moment, When the Bank of England rescued Midland

Public pension funds face a defining moment, When the Bank of England rescued Midland

Friday 20 November 2020   –    Vol.11 Ed.47.5

Commentary: Public pension funds’ defining moment

By Pierre Ortlieb in London

Public pension funds hold over $17tn in assets, putting them in the top echelon of power in the global investment landscape. They lie at the heart of global trends in demographics, geopolitics and technology. Global Public Pensions is the first publication devoted to the cross-country study...

https://www.allaboutshipping.co.uk/2020/11/20/public-pension-funds-face-a-defining-moment-when-the-bank-of-england-rescued-midland/

Do Shipping Markets gain substance with today’s mini rise? Perplexed geopolitics amid Covid-19’s uncertainty.

Do Shipping Markets gain substance with today’s mini rise? Perplexed geopolitics amid Covid-19’s uncertainty.

The BDI (Baltic Dry Index) gained 19 points and now stands at 1,134. In the Geopolitical arena everybody is preoccupied for a certain war. Coronavirus anathema is teaching us the harsh reality. John Faraclas’ brief daily recap:

The Capes’ BCI was up 16 points and now stand at 1,430…

The Panamaxes’ BPI surpassed the 1,300 points and now reads 1,326 – up 35!

Supras’ BSI “finally” did it and...

https://www.allaboutshipping.co.uk/2020/11/20/do-shipping-markets-gain-substance-with-todays-mini-rise-perplexed-geopolitics-amid-covid-19s-uncertainty/

The second wave of central bank policy innovation, Post-pandemic investing

The second wave of central bank policy innovation, Post-pandemic investing

Thursday 19 November 2020   –   Vol.11 Ed.47.4

Commentary: New toolkits for post-Covid economy

By Pierre Ortlieb in London

As the pandemic began rippling through the global economy, central banks quickly unveiled a raft of initiatives. The second Covid-19 wave has forced them to innovate anew. While some central banks have proposed new liquidity management tools, several new measures are focused on the long-term...

https://www.allaboutshipping.co.uk/2020/11/19/the-second-wave-of-central-bank-policy-innovation-post-pandemic-investing/

Market fights to remain buoyant; messy Geopolitics whilst Covid-19 spreads

John Faraclas

Market fights to remain buoyant; messy Geopolitics whilst Covid-19 spreads

Double and single digits ups and downs raises eyebrows for the Dry Market with no steam, for the Wets stagnation, an issue. Mess Geopolitics will become a boomerang for many powerful World leaders and wonder who can stop Coronavirus (COVID-19). John Faraclas’ brief recap:

The BDI (Baltic Dry Index) clinched three points since yesterday and now stands at 1,115…

The Capes’ BCI lost 36 points and now stands at...

https://www.allaboutshipping.co.uk/2020/11/18/market-fights-to-remain-buoyant-mess-geopolitics-whilst-covid-19-spreads/

Performance Shipping Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement

Performance Shipping Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement

ATHENS, GREECE, November 18, 2020 – Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that the Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained compliance with Nasdaq’s minimum bid price requirements for continued listing on the Nasdaq Capital Market. The letter noted that as a result of the...

https://www.allaboutshipping.co.uk/2020/11/18/performance-shipping-inc-regains-compliance-with-nasdaq-minimum-bid-price-requirement/

GLOBAL & REGIONAL DAILY (Wednesday 18 November, 2020)

GLOBAL & REGIONAL DAILY (Wednesday 18 November, 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

November 18 2020

Global Markets

Global equity markets were slightly weaker earlier today as encouraging vaccine news were offset by concerns about the logistics challenges of a Covid-19 vaccination effort. A lower-than-expected 0.3%MoM rise in October’s US retail sales further dampened risk sentiment. Core fixed income markets gained, while the USD remained under some pressure.

Greece

Funds of €2 billion...

https://www.allaboutshipping.co.uk/2020/11/18/global-regional-daily-wednesday-18-november-2020/

Party time with the BDI@1,112

John Faraclas

Party time with the BDI@1,112; awaiting the Wets amid dangerous geopolitical upheavals in a spreading coronavirus scene…

The BDI clinched a point, a cause to celebrate and I guess we deserve a virtual party on board…;John Faraclas’ early market news:

The Capes’ fell another 31 points with the BCI standing at 1,450…

Panamaxes “surged” further with the BPI at 1,252 – up 38 points…

Minimal gains for both the Supras and the Handies; the BSI was up four points at 888 and the BHSI up three...

https://www.allaboutshipping.co.uk/2020/11/17/party-time-with-the-bdi1112/