Markets

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/

AAL continues North America expansion strategy with appointment of Michael Morgan as GM of America

Michael Morland, AAL General Manager Americas

September 24, 2018 – Global multipurpose operator AAL has announced the appointment of Michael Morland to the role of General Manager Americas. Following AAL’s appointment of Marc Schutzbier as its Canadian Commercial Manager at the end of 2017, Michael’s appointment continues to strengthen AAL’s North American expansion strategy and the promotion of the carrier’s growing capacity and portfolio of highly competitive MPV services – comprising...

http://www.allaboutshipping.co.uk/2018/09/24/aal-continues-north-america-expansion-strategy-with-appointment-of-michael-morgan-as-gm-of-america/

Chios: Navigator takes us back to our maritime roots!

Danae Bezantakos at the podium introducing the event and welcoming speakers and delegates

The kick start of Navigator Forum’s First ever Shipping Decision Makers weekend is now a reality!

Our Chian contributor Galatia Paradisis was there with her camera covering this more than timely event at a full house amphitheatre downtown Chios’ University of the Aegean!

A great welcome by Danae Bezantakos, Navigator’s Shipping Consultants CEO, in her always vibrant and full of pathos and to the point words...

http://www.allaboutshipping.co.uk/2018/09/22/chios-navigator-takes-us-back-to-our-maritime-roots/

Edward DeNike, President of SSA Containers Presented with 2018 Connie Award

l to r: Michael DiVirgilio, CII President; Ed DeNike, President of SSA Containers; Mrs. DeNike; Ronald J. Forest, President of Matson Navigation and Sue Coffey, CII Treasurer

Edward DeNike, President of SSA Containers presented with 2018 Connie Award in Long Beach, CA

Long Beach, CA (September 21, 2018) – Edward Anthony DeNike, president of SSA Containers, a division of Carrix, received the 2018 Connie Award presented by the Containerization & Intermodal Institute in Long Beach, CA, on Tuesday,...

http://www.allaboutshipping.co.uk/2018/09/21/edward-denike-president-of-ssa-containers-presented-with-2018-connie-award/

Dry and Wet Markets “swing” back to black, but…

John Faraclas

The BDI gained 17 points earlier on today and now reads 1,413; on a weekly basis same was up 47 points (from 1,366) thanks mainly  to the Supras and Handies which “kept” the pace up… Geopolitics are marred with all the issues we have extensively covered all these last six  years. John Faraclas’ daily and weekly recap:

The Capes’ BCI was up just two points  at 1,840 and on a weekly basis same was down 60 points (from 1,900)… A bit of an odd size, and thanks to Posidon as there aren’t...

http://www.allaboutshipping.co.uk/2018/09/21/dry-and-wet-markets-swing-back-to-black-but/

Capes fall further with …“rich” pickings for BDI; CAUTION!

John Faraclas

The BDI gained 23 points and now stands at 1,396 trying to go over and above the 1,400 point threshold. Geopolitics full of sins govern the day yet again. John Faraclas’ daily recap:

The Capes lost another 27 points and the BCI now stands 1,838 points; ultra-caution should be observed as volatility is here to stay…

“Recuperating” Panamaxes show its BPI clinching 27 points – now at 1,527… Take a deep breath!

Gains for both the Supras and Handies; the BSI with 1,169 – up ten and the...

http://www.allaboutshipping.co.uk/2018/09/20/capes-fall-further-with-rich-pickings-for-bdi-caution/

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