Markets

The BDI falls a point that could be a turning point unless the war begins…

The BDI falls a point that could be a turning point unless the war begins…

The BDI (Baltic Dry Index) lost a point and now stands at 1,801 points despite the upwards Capes’ mode as all other indices fall. Very cynically, unless we see a war – any war, which we believe that same will be by 60 percent an economic war and 40 centum involving armed forces, we aren’t going to see any prospects in the markets and conversely in Shipping and its investors… John Faraclas’ brief daily recap:

You might be...

http://www.allaboutshipping.co.uk/2019/10/30/the-bdi-falls-a-point-that-could-be-a-turning-point-unless-the-war-begins/

GLOBAL & REGIONAL DAILY (Tuesday 29, October 2019)

GLOBAL & REGIONAL DAILY (Tuesday 29, October 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

October 29, 2019

Global Markets

Major government bonds retained a negative tone in early trade today on the back of increased optimism for progress in US/China trade talks, the EU’s decision to grant the UK a three-month Brexit extension, market expectations for a further 25bps rate cut by the Fed at this week’s monetary policy meeting and expectations for sluggish Q3  GDP growth figures from both the Eurozone...

http://www.allaboutshipping.co.uk/2019/10/29/global-regional-daily-tuesday-29-october-2019/

“K” Line: Consecutive Voyage Contract and Construction of Woodchip Carrier for Nippon Paper

“K” Line: Consecutive Voyage Contract and Construction of Woodchip Carrier for Nippon Paper

Kawasaki Kisen Kaisha, Ltd. (hereinafter “K” LINE) is pleased to announce that an agreement is to be made with Nippon Paper Industries Co. Ltd., on consecutive voyage contract of new 3.6 million CFT woodchip carrier delivered in 2022. She will be in dedicated service to them for carrying woodchips for paper materials and some Biomass woodchips for Biomass power generation business which operation will...

http://www.allaboutshipping.co.uk/2019/10/28/k-line-consecutive-voyage-contract-and-construction-of-woodchip-carrier-for-nippon-paper/

The BDI struggles…

John Faraclas

The BDI struggles…

The BDI (Baltic Dry Index) struggles to maintain a momentum as all indices are in red with the exemption of the BCI – Capes’ volatile behaviour. Geopolitics couldn’t be worse. John Faraclas’ daily brief:

The BDI gained two points although in our view same should have been down; it now stands at 1,803 points.

The Capes’ BCI was the only size to gain; with 43 points plus managed to remain above the 3,000 points…

The Panamaxes’ BPI was down 49 points at 1,647…

The...

http://www.allaboutshipping.co.uk/2019/10/28/the-bdi-struggles/

Simpson Spence Young partners with tech firm Signal Ocean

Simpson Spence Young partners with tech firm Signal Ocean

International shipbroker Simpson Spence Young and Signal Ocean Ltd have announced today (28 October 2019) that they have entered into a strategic partnership as investors to work together to bring high-impact technology solutions to the commercial ship management of dry bulk carriers.

Simpson Spence Young (SSY) is the world’s largest independent and privately owned shipbroker, with 20 offices worldwide and over 400 people serving all the...

http://www.allaboutshipping.co.uk/2019/10/28/simpson-spence-young-partners-with-tech-firm-signal-ocean/

Markets still down and Geopolitics will turn things upside down…

John Faraclas

Markets still down and Geopolitics will turn things upside down…

The BDI (Baltic Dry Index) was up for the day but down on weekly basis. Geopolitics do turn things upside down and will continue to do so indefinitely. John Faraclas’ daily and weekly recaps:

The BDI was up 16 points earlier on today going over and above the 1,800 point-threshold at 1,801; on a weekly basis though same was down 54 points – from 1,855 last week (18/10).

The Capes managed to go above the 3,000...

http://www.allaboutshipping.co.uk/2019/10/25/markets-still-down-and-geopolitics-will-turn-things-upside-down/

GLOBAL & REGIONAL DAILY (Friday 25, October 2019)

GLOBAL & REGIONAL DAILY (Friday 25, October 2019)

 GLOBAL & REGIONAL DAILY

HIGHLIGHTS

October 25, 2019

Global Markets

UK PM Boris Johnson announced yesterday that, if the EU grants a three-month Brexit extension, his government will submit a motion on Monday, 28 October for a general election on 12 December. The GBP came under some pressure, core government bonds were a tad higher early today while investors retained a cautious stance on risk assets.

Greece

In the World’s Bank Doing Business Rakings...

http://www.allaboutshipping.co.uk/2019/10/25/global-regional-daily-friday-25-october-2019/

BDI’s positive (?) hiccup amid further Geopolitical tensions…

John Faraclas

BDI’s positive hiccup amid further Geopolitical tensions…

The BDI gained six points earlier on today and now reads 1,785 thanks to the Capes bouncing back with 53 points. Geopolitics continue to be in a perplexed deteriorating mess in all fronts in all five continents and seven seas. John Faraclas; daily recap:

The BCI with the 53 points plus approached the 3,000 points threshold and at 2,926 look it might go over and above this psychological level.

The Panamaxes’ fall continued with...

http://www.allaboutshipping.co.uk/2019/10/24/bdis-positive-hiccup-amid-further-geopolitical-tensions/

Complexities of central bank communication, The UK’s global economic position after Brexit

Complexities of central bank communication, The UK’s global economic position after Brexit

Thursday 24 October 2019  –  Vol.10 Ed.43.3

Commentary: Politics, manipulation and credibility

By Pierre Ortlieb in London

In his new book, The Long Journey of Central Bank Communication, Otmar Issing, board member responsible for economics for the first eight years of the European Central Bank in 1998-2006, argues that credibility is a central bank’s most important condition for success. Yet central...

http://www.allaboutshipping.co.uk/2019/10/24/complexities-of-central-bank-communication-the-uks-global-economic-position-after-brexit/

GLOBAL & REGIONAL DAILY (Thursday 24, October 2019)

GLOBAL & REGIONAL DAILY (Thursday 24, October 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

October 24, 2019

Global Markets

Major currency pairs were little changed on the day ahead of a series of PMI data from the Eurozone and the US later today, as well as the ECB monetary policy meeting, the last under the outgoing President Mario Draghi. On the Brexit issue, EU ambassadors reportedly agreed yesterday to grant an extension to the Article 50 deadline but failed to agree on the length.

Greece

The Greek...

http://www.allaboutshipping.co.uk/2019/10/24/global-regional-daily-thursday-24-october-2019/

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