Markets

Contained rise for the BDI@1,450…

John Faraclas

The BDI’s rise earlier on today was more or less …trimmed with a 16 points plus whilst at the UN things were heating up… John Faraclas’ brief report:

All indices were on the plus but with minimal or no change…

The Capes’ BCI  rose just four points to 1,868…

The Panamaxes BPI gained 30 good points and now reads 1,639!

Five points were enough for the Supras’ BSI now at 1,190 points, a very enviable level compared with all other sizes fluctuations…

No change for the Handies’ BHSI;...

http://www.allaboutshipping.co.uk/2018/09/25/contained-rise-for-the-bdi1450/

Despite the global financial turmoil the BDI’s renowned volatility is here to stay…

John Faraclas

The BDI was up 53 points earlier on today and now stands at 1,503 points surpassing the crucial but also psychological threshold of 1,500. The Geopolitical turmoil coupled with the Trade War, Sanctions, Tariffs will soon become a catalyst and the shit will hit the fan… John Faraclas’ brief recap:

The Capes’ BCI with 42 points plus are recapitulating and hopefully the 2,000 point mark will be conquered subject the trade war easy’s down… Let the 1,910 points be the base…

The Panamaxes’...

http://www.allaboutshipping.co.uk/2018/09/26/despite-the-global-financial-turmoil-the-bdis-renowned-volatility-is-here-to-stay/

Businesses must digitise trade documents to get on board the UK’s export drive

Simon Streat of Bolero International.

Businesses must digitise trade documents to get on board the UK’s export drive

By Simon Streat, VP Product Strategy, Bolero International

Expanding the UK’s export trade has become a vital strategic objective for everyone in business and government.

While the government wants to almost double exports to £1 trillion by 2020, International Trade Secretary Liam Fox in August that he wants exports as a proportion of UK GDP to rise from 30 per cent to 35 per cent.

Int...

http://www.allaboutshipping.co.uk/2018/09/26/businesses-must-digitise-trade-documents-to-get-on-board-the-uks-export-drive/

The BDI@1,434 …do you have a moonraker…

John Faraclas

The BDI (Baltic Dry Index) gained 21 points earlier on today and at 1,434 we must admit this is a good restart and hope same lasts for the benefit of all as otherwise with the messy Geopolitics things will continue to be uncertain and sour. John Faraclas’ daily market and Geopolitics briefing:

The Capes’ BCI was up 24 points and now reads 1,864… Still a long way to go up to the 3,000 threshold that all wish to see again…

Similar gains for the Panamaxes’ BPI  now at 1,609 points; up...

http://www.allaboutshipping.co.uk/2018/09/24/the-bdi1434-do-you-have-a-moonraker/

9th Hydra Shipping Conference “Romanticism in Shipping”

John Sahinis fifth from the left with speakers and delegates

The 9th Hydra Shipping Conference, organized by the Fraternity of the Athenian Hydriots (www.aya.com.gr)  successfully concluded on Saturday , September 15th, 2018 at the Conference Hall of the Holy Cathedral of Hydra, under the auspices of the Ministry of Shipping, the Hellenic Chamber of Shipping, the Hellenic Marine Environment Association (HELMEPA), the Hellenic Shipbrokers Association (HSA), the Piraeus Marine Club, The Yacht Club...

http://www.allaboutshipping.co.uk/2018/09/25/9th-hydra-shipping-conference-romanticism-in-shipping/

Daily Overview of Global Markets & the SEE Region (Tuesday, September 25, 2018)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: Major European equity markets opened higher on Tuesday but gains were limited amid prevailing trade war concerns. Elsewhere, 10-yr Bund yields rose slightly above 0.54% today, the highest since 22 May after ECB President Mario Draghi conveyed a message of increased confidence at the Governing Council about reaching the inflation target. In FX markets, the USD was firmer on the day ahead of this week’s two-day FOMC policy meeting,...

http://www.allaboutshipping.co.uk/2018/09/25/daily-overview-of-global-markets-the-see-region-tuesday-september-25-2018/

Transport reassurances needed in the event of a ‘No deal’ Brexit

Ed Thomas

The British public are concerned that UK transport networks could be placed under strain in the event of a ‘No Deal’ outcome from Brexit negotiations, according to a survey by KPMG UK.

The poll, of 3,044 members of the British public, found that if the UK does not strike a deal with the European Union, then 62.9 percent believe that they will face severe travel delays across the transport network, particularly at ports. Half of the respondents (50.3 percent) believe that flight delays...

http://www.allaboutshipping.co.uk/2018/09/25/transport-reassurances-needed-in-the-event-of-a-no-deal-brexit/

Oslo Børs: PoLight approved for listing

24/09/2018 – Oslo Stock Exchange has resolved to admit the shares in PoLight ASA to listing on Oslo Børs.

It is stipulated that the company prior to the first day of listing must satisfy the listing requirements on Oslo Børs.  If the requirements on Oslo Børs are not met, the company will be accepted for listing on Oslo Axess, provided that the listing requirements on Oslo Axess are satisfied.

The Chief Executive Officer of Oslo Børs determines the date of the first day of listing, which is to...

http://www.allaboutshipping.co.uk/2018/09/24/oslo-bors-polight-approved-for-listing/

Proposals for new Brexit statecraft, Launch of Absa Africa Financial Markets Index

Commentary: Proposals for new Brexit statecraft

By Joergen Oerstroem Moeller in Singapore

After the failure of the EU Salzburg summit to agree Theresa May’s plan for withdrawal, the chances that Britain will leave without a deal have risen significantly. What is needed is a different statecraft mapping out how this outcome can be turned into a partnership that both parties can accept.

Britain must realise that it was not asked to leave; it decided to leave. Equally, Brussels must accept that it is...

http://www.allaboutshipping.co.uk/2018/09/24/proposals-for-new-brexit-statecraft-launch-of-absa-africa-financial-markets-index/

Daily Overview of Global Markets & the SEE Region (Monday, September 24, 2018)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: Developments over the last few sessions have increased worries over a hard Brexit scenario. EU leaders rejected the “Chequers plan” at last week’s summit while UK PM Theresa May acknowledged that Brexit talks have hit “an impasse”. In reaction to the above, the GBP came under pressure while the USD was firmer across the board favored by intensified trade woes on news that China cancelled trade talks with the US that were scheduled to...

http://www.allaboutshipping.co.uk/2018/09/24/daily-overview-of-global-markets-the-see-region-monday-september-24-2018/

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