Tourism

British remain excited by overseas travel, despite Brexit

David Hope (left) and Olivier Ponti

British remain excited by overseas travel, despite Brexit

By James Brewer

High-profile discussions over Brexit have not dulled the appetite of Britons for travel, analysts have said at the World Travel Market 2018 taking place in London.

Large numbers of people continue to make plans for holidays near and far. Unemployment rates are extremely low, and the new jobs being created are for the most part full-time, said Olivier Ponti, vice-president for insight at...

http://www.allaboutshipping.co.uk/2018/11/06/british-remain-excited-by-overseas-travel-despite-brexit/

Capes “sink” the BDI at 1,395…

John Faraclas

The BDI (Baltic Dry Index) lost 33 points earlier on today and now stands at 1,395; Geopolitics still messy and IBIA’s Annual Convention makes waves. John Faraclas’ daily briefing:

The  volatile Capes’ BCI three-digit loss of 101 points bringing down this index at 2,296 points was the talk of the town… surpassing even Aegean Marine Petroleum’s filling for Chapter 11 news… As said in the past, one size cannot determine the markets nor create a market but the harsh reality is that the...

http://www.allaboutshipping.co.uk/2018/11/06/capes-sink-the-bdi-at-1395/

Daily Overview of Global Markets & the SEE Region (Friday, November 2, 2018)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: Global equity markets were firmer in early trade on Friday supported by hopes that the US and China are close to reaching an agreement on their trade dispute. An FT report, which suggested that there might be some progress on the Brexit deal, also favored risk sentiment. In reaction to equity markets’ positive performance, core government bond yields moved higher with both 10-yr UST and German Bund yields rising to their highest in...

http://www.allaboutshipping.co.uk/2018/11/02/daily-overview-of-global-markets-the-see-region-friday-november-2-2018/

The BDI@1,457: a contained fall amid Geopolitical chaos… or what?

John Faraclas

The BDI (Baltic Dry Index) fell 13 points losing the 1,500-point base of last week when it stood at 1,519 points – down 62! Geopolitics are not only perplexed they are dubious and the outcome on many global issues remains totally uncertain and this in turn will affect shipping – in one way or another. Too many skeletons in the cupboard…  John Faraclas’ daily and weekly recaps:

The Capes’ BCI was down at 2,502 – minus 28 and on a weekly basis down 24 – from 2,526. Wonder what the...

http://www.allaboutshipping.co.uk/2018/11/02/the-bdi1457-a-contained-fall-amid-geopolitical-chaos-or-what/

2019 Posidonia Sea Tourism Forum now live!


CREATING A NEW VISION FOR SEA TOURISM IN THE EAST MED

On 28-29 May 2019 the 5th Posidonia Sea Tourism Forum welcomes over 1,000 top executives, decision makers and participants from the cruise and yachting industries at the Domotel Kastri Conference Centre.

The event will showcase new development potential in the East Med and will serve as a platform to re-launch the region’s effort to gain lost ground.

Strong participation of major cruise industry players and the active involvement of CLIA Europe

http://www.allaboutshipping.co.uk/2018/11/01/2019-posidonia-sea-tourism-forum-now-live/

Shipping Traffic in Canadian Arctic Nearly Triples


A new study on shipping in Canada’s Arctic has found that traffic in the region almost tripled between 1990-2015.

The researchers found that the annual distance traveled by all vessels grew from around 350,000 kilometers to over 900,000 kilometers with the majority of growth occurring over the past decade.

Cargo ships as well as government vessels, including icebreakers, account for the largest share of traffic while pleasure craft, primarily private yachts, represent the fastest growing type...

http://www.highnorthnews.com/shipping-traffic-in-canadian-arctic-nearly-triples/

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