Markets

It’s the Capes stupid

John Faraclas

The BDI  (Baltic Dry Index) gained 11 points and now stands at 1,282 thanks to the as ever volatile Capes… Looks a “positive” start for the New Year but reality bites as all other indices – Dry and Wet are in red! Geopolitics as expected turn sour; John Faraclas’ brief recap:

The culprits of the Dry Market the Capes saw the BCI  gaining 82 points and now standing at 1,987 raises too many eyebrows… We hope all other indices go well as this time if things continue we will see...

http://www.allaboutshipping.co.uk/2019/01/02/its-the-capes-stupid/

Diana announces final results of Self Tender Offer for Shares of Common Stock

DIANA SHIPPING INC. ANNOUNCES FINAL RESULTS OF SELF TENDER OFFER FOR SHARES OF COMMON STOCK

ATHENS, GREECE, December 31, 2018 – Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced the final results of its tender offer to purchase up to 4,166,666 shares of its common stock, par value of US$0.01 per share (the “common stock”), at a price of US$3.60 per share, net to the seller in cash, less any applicable...

http://www.allaboutshipping.co.uk/2018/12/31/diana-announces-final-results-of-self-tender-offer-for-shares-of-common-stock/

Oslo Børs: The year with the hot summer and the dismal autumn

The year with the hot summer and the dismal autumn

28/12/2018

2018 was a record-hot year for the Oslo stock exchange until autumn’s storms blew in over stock markets

On 25 September the Oslo Børs Benchmark Index closed at an all-time high of 946.43, but this was the last of the all-time highs achieved in 2018. Leading up to this date there had been 31 days of historic highs, with the Index having risen 16.2% since the start of the year. “Oslo Børs beating all other marketplaces” ran a headline...

http://www.allaboutshipping.co.uk/2018/12/28/oslo-bors-the-year-with-the-hot-summer-and-the-dismal-autumn/

The Head, Heart, and Hands of Transformation

The Head, Heart, and Hands of Transformation

Transformation in the digital era is always on—and never easy. This holistic and human-centric approach enables organizations to succeed today and thrive tomorrow.

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CLICK TO READ MOR
FURTHER READING
Preemptive Transformation: Fix It Before It Breaks
Changing while things are still going well takes less time, costs less, and generates more value than reactive change. This...

http://www.allaboutshipping.co.uk/2018/12/27/the-head-heart-and-hands-of-transformation/

Diana announces preliminary results of slef tender offer for shares of common stock

DIANA SHIPPING INC. ANNOUNCES PRELIMINARY RESULTS OF SELF TENDER OFFER FOR SHARES OF COMMON STOCK

Athens, Greece, December 24, 2018 – Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced the preliminary results of its tender offer to purchase up to 4,166,666 shares of its common stock, par value of US$0.01 per share (the “common stock”), at a price of US$3.60 per share, net to the seller in cash, less any...

http://www.allaboutshipping.co.uk/2018/12/24/diana-announces-preliminary-results-of-slef-tender-offer-for-shares-of-common-stock/

Controlled fall with the BDI@1,271

John Faraclas

The BDI (Baltic Dry Index) lost eight points earlier on today; Geopolitics chaotic but humanity finds the strength to celebrate Christmas amid natural disasters, Wars and inhumane behaviour by 99,9 centum of Planet Ocean’s politicians and their cronies.  John Faraclas’ Christmas Eve recap:

The Capes’ BCI lost eight points and now stands at 1,905 points…

The Panamaxes’ BPI was down 16 points at 1,421…

Minor losses but losses for both the Supras and Handies. The BSI  was down two points...

http://www.allaboutshipping.co.uk/2018/12/24/controlled-fall-with-the-bdi1271/

Diana fixes Kamsarmax bulker “Myrsini” on period to Glencore

DIANA SHIPPING INC. ANNOUNCES TIME CHARTER  CONTRACT FOR M/V MYRSINI WITH GLENCORE

ATHENS, GREECE, December 24, 2018 – 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 Glencore Agriculture B.V., Rotterdam, for one of its Kamsarmax dry bulk vessels, the m/v Myrsini. The gross charter rate is US$12,750 per...

http://www.allaboutshipping.co.uk/2018/12/24/diana-fixes-kamsarmax-bulker-myrsini-on-period-to-glencore/

Reload Greece: 2018 Reflections – a year in review!

As the year comes to an end, in our final 2018 blog, we present you with an overview of our key developments in 2018 and our plans for 2019.

Click here to read our CEO Effie Kyrtata’s blog which highlights how we expanded our operations, strengthened our voice and grew our community. 

Watch the RG Connect18 video to see how this year’s annual conference brought together entrepreneurs, investors and policy makers to create positive change.
RG YEP Ignite Update

http://www.allaboutshipping.co.uk/2018/12/21/reload-greece-2018-reflections-a-year-in-review/

2020 Fuel Transition Clause for Time Charter Parties

Marcus Dodds, partner, London

At a Glance…

BIMCO has last week released its two eagerly awaited standard clauses (the ‘2020 Marine Fuel Sulphur Content Clause for Time Charter Parties’ and the ‘2020 Fuel Transition Clause for Time Charter Parties’).

Both are intended to address the International Maritime Organisation’s (“IMO”) revised sulphur content limits with regards the consumption and carriage of marine fuel (per Regulation 14 of Annex VI of the International Convention for the Prevention of...

http://www.allaboutshipping.co.uk/2018/12/21/2020-fuel-transition-clause-for-time-charter-parties/

Falling BDI@1,279 enhances uncertainty…

John Faraclas

The BDI lost 39 points earlier on today and 122 since last week’s 1,401 points amid enigmatic uncertainty, Economic Chaos and Geopolitical mess; John Faraclas’ daily and weekly recaps:

The Capes’ BCI lost 158 points and now read 1,913 losing completely the 2,000 point threshold. On a weekly basis the loss was more than substantial: 470 points, down from 2,393. You can have your say…

The Panamaxes lost 36 points with the BPI now standing at 1,437 points; on a weekly basis the loss was...

http://www.allaboutshipping.co.uk/2018/12/21/falling-bdi1279-enhances-uncertainty/

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