Digital infrastructure and financial innovation needed for green recovery

Digital infrastructure and financial innovation needed for green recovery

Monday 10 May 2021 – Vol.12 Ed.19.1

Commentary: Public-private collaboration key to connecting the unconnected

By Calum Handforth and Seth Tan

Digital infrastructure is the key utility of the 21st century. It is also a crucial tool in shaping a green recovery from Covid-19 and driving the development of countries around the world. However, 3.7bn people are still not connected to the internet. Public-private partnerships, and...

https://allaboutshipping.co.uk/2021/05/10/digital-infrastructure-and-financial-innovation-needed-for-green-recovery/

ECB’s Lane downplays prospect of durable inflation, Asia Pacific working to narrow ESG gaps, and more

ECB’s Lane downplays prospect of durable inflation, Asia Pacific working to narrow ESG gaps, and more

THE WEEKEND REVIEW-OMFIFLatest opinion and analysis from OMFIF around the world

3-7 May 2021, Vol.12 Ed.18

Most-Read Commentary

ECB’s Lane downplays prospect of durable inflation: Prolonged weakness in the labour market will offset inflationary pressures in the euro area, Philip Lane, the European Central Bank’s chief economist, told an OMFIF briefing last week. As a result, the ECB is ready to...

https://allaboutshipping.co.uk/2021/05/08/ecbs-lane-downplays-prospect-of-durable-inflation-asia-pacific-working-to-narrow-esg-gaps-and-more/

Capes: for better f(or) worse, for richer, f(or) poorer, in sickness or in health… amid Geopolitical chaos “interwoven” with Coronavirus’ anathema…*

Capes: for better f(or) worse, for richer, f(or) poorer, in sickness or in health… amid Geopolitical chaos “interwoven” with Coronavirus’ anathema…*

John Faraclas

The BDI (Baltic Dry Index) lost 29 points since yesterday and now stands at 3,183 points. Same was up 130 since last Friday the 30th of April 2021 when it stood at 3,053; also surpassing the 3,100 and 3,200 points during the week was a very positive development. The Geopolitical mess coupled with Coronavirus creates tsunamis. John...

https://allaboutshipping.co.uk/2021/05/07/capes-for-better-for-worse-for-richer-for-poorer-in-sickness-or-in-health-amid-geopolitical-chaos-interwoven-with-coronavirus-anathema/

Diana Shipping Inc. Announces Time Charter Contract for m/v Myrsini with Bocimar

Diana Shipping Inc. Announces Time Charter Contract for m/v Myrsini with Bocimar
..

ATHENS, GREECE, May 7, 2021 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bocimar International N.V., for one of its Kamsarmax dry bulk vessels, the m/v Myrsini. The gross charter rate is US$27,750 per day, minus a 5%...

https://allaboutshipping.co.uk/2021/05/07/diana-shipping-inc-announces-time-charter-contract-for-m-v-myrsini-with-bocimar/

Container Trade Accelerates as Rates Continue to Climb

Container Trade Accelerates as Rates Continue to Climb

Despite the Container market taking a significant hit from the impacts of Covid-19, rates have bounced back with a vengeance reaching extraordinary record highs of 54,000 USD/day in April. An impressive 350% increase since June 2020. Olivia Watkins, Head Cargo Analyst, delves into the effect on cargo miles, increasing speeds and the forecast for the market as demand continues to grow.

“Container speeds and container rates have both been...

https://allaboutshipping.co.uk/2021/05/07/container-trade-accelerates-as-rates-continue-to-climb/

GLOBAL & REGIONAL DAILY (Friday, 7 May 2021)

GLOBAL & REGIONAL DAILY (Friday, 7 May 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

May 7 2021

Global Markets

The unabated rally in commodity prices amid optimism for a rapid economic recovery from the pandemic and positive US employment-related data ahead of today’s all-important US April non-farm payrolls survey, pushed global equity markets higher earlier today. In FX markets, risk-on sentiment kept the USD under pressure.

Greece

The headline IHS Markit Manufacturing PMI improved for the second month...

https://allaboutshipping.co.uk/2021/05/07/global-regional-daily-friday-7-may-2021/

Oppps, our prognosis for the BDI’s fall come out verbatim right… Gun boat Fisheries diplomacy from both sides of the Straits of Dover whilst Covid’s uncertainty advances further, per our “medical” prediction.

Oppps, our prognosis for the BDI’s fall come out verbatim right… Gun boat Fisheries diplomacy from both sides of the Straits of Dover whilst Covid’s uncertainty advances further, per our “medical” prediction.

John Faraclas

The BDI (Baltic Dry Index) lost 54 points since yesterday and now stands at 3,212 points “thanks” to a triple-digit fall by the Capes… Dirty Wets stagnant and Cleans …on the rise… As of today, the Geopolitical game  / farce will turn sour for all. Only America has the guts,...

https://allaboutshipping.co.uk/2021/05/06/oppps-our-prognosis-for-the-bdis-fall-come-out-verbatim-right-gun-boat-fisheries-diplomacy-from-both-sides-of-the-straits-of-dover-whilst-covids-uncertainty-advances-furthe/

GLOBAL & REGIONAL DAILY (Thursday 6 May, 2021)

GLOBAL & REGIONAL DAILY (Thursday 6 May, 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

May 6 2021

Global Markets

UST yields remained close to recent lows earlier today after a number of Fed officials adopted a pretty dovish tone y-day, trying to assuage concerns about the risk of persistently high inflation. Today, the UK will be at the centre of market attention as a number of local and regional elections take place along with the BoE’s meeting.

Greece

The Hellenic Republic issued a new 5-year benchmark...

https://allaboutshipping.co.uk/2021/05/06/global-regional-daily-thursday-6-may-2021/

Central bank view on Covid recovery from Europe and the US

Central bank view on Covid recovery from Europe and the US

Thursday 6 May 2021 – Vol.12 Ed.18.3

Commentary: ECB’s Lane downplays prospect of durable inflation

By Clive Horwood in London

Prolonged weakness in the labour market will offset inflationary pressures in the euro area, Philip Lane, the European Central Bank’s chief economist, told an OMFIF briefing yesterday. As a result, the ECB is ready to maintain large-scale asset purchases if warranted by economic and financial conditions. Lane also...

https://allaboutshipping.co.uk/2021/05/06/central-bank-view-on-covid-recovery-from-europe-and-the-us/

Law and order in time of crisis: Keeping Europe afloat

Law and order in time of crisis: Keeping Europe afloat

Wednesday 5 May 2021 – Vol.12 Ed.18.2

Commentary: ECB asset purchases dilute European rule of law

By Thomas Mayer in Frankfurt

Political expediency is diluting the rule of law in the European Union’s monetary and fiscal policy. This may help financial markets in the shorter term, but the long-term consequences will be grim. By signalling to bond traders that it will buy newly issued government bonds in the secondary market in its purchase...

https://allaboutshipping.co.uk/2021/05/05/law-and-order-in-time-of-crisis-keeping-europe-afloat/

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