Trade and Commerce

End of the ‘flat world’, City Lecture with James Bullard

Commentary: End of the ‘flat world’

By David Skilling in Singapore

A few years before the 2008 financial crisis, journalist Tom Friedman captured the zeitgeist with his argument that ‘the world is flat’, that all competitors in the global economy have an equal opportunity to succeed.

But if it was once possible to argue that (Western-led) politics and technology were creating a flat world, today they are combining to create a more lumpy, multipolar system. Developments in North America, Europe...

http://www.allaboutshipping.co.uk/2018/10/05/end-of-the-flat-world-city-lecture-with-james-bullard/

Daily Overview of Global Markets & the SEE Region (Friday, October 5, 2018)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: Market focus today is on the US non-farm payrolls report for September, and mostly, on average hourly earnings which are expected to rise by 0.2%mom pushing the annual growth rate to 2.8% from 2.9% in the prior month. Awaiting the key US report, US Treasury bond yields were lower today after US-China trade tensions flared up again following comments by US Vice President Mike Pence accusing China of trying to interfere in the midterm...

http://www.allaboutshipping.co.uk/2018/10/05/daily-overview-of-global-markets-the-see-region-friday-october-5-2018/

The BDI@1,536: you cannot fight against the future*

John Faraclas

The BDI (Baltic Dry Index) ended up this week with minus 18 points, another double digit loss following yesterday’s minus 20 points… It was down four points since last Friday the 28th of September when the BDI stood at 1,540… A bit of odd figures as you will read herebelow; they don’t correlate at all both with the rates as well with the indices ups and downs…The Geopolitics continue to worsen. John Faraclas’ daily and weekly recaps:

The volatile Capes lost 67 points and the BCI now...

http://www.allaboutshipping.co.uk/2018/10/05/the-bdi1536-you-cannot-fight-against-the-future/

SEA Europe – ECSA joint announcement

Martin Dorsman

European Shipowners and Maritime Technology Industry call for decisive actions against unfair trade practices and in favour of global playing field

SEA Europe and ECSA, the trade associations representing respectively European shipbuilding and maritime equipment and European shipowners, welcome the recent statement of EU Trade Commission Cecilia Malmström against unfair trade practices in the Far East. SEA Europe and ECSA now call upon the European Commission and the EU Member...

http://www.allaboutshipping.co.uk/2018/10/05/sea-europe-ecsa-joint-announcement/

Ports America’s Napoleon Container Terminal puts customers first with Navis N4 implementation

Terminal Upgraded TOS to Handle Growing Container Volumes & Managing Evolving Customer Demands

Oakland, CA, October 3, 2018 –Navis, a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, today announced that Ports America has implemented N4 at its 47 acre Napoleon Container Terminal in New Orleans, Louisiana. Ports America selected Navis as part of...

http://www.allaboutshipping.co.uk/2018/10/03/ports-americas-napoleon-container-terminal-puts-customers-first-with-navis-n4-implementation/

Capes’ contained rise and perplexed figures rule the day… plus the 2020 saga

John Faraclas

The BDI (Baltic Dry Index) gained four points and now stands at 1,574; Geopolitics in total mess and the Environment another issue to be appropriately tackled… John Faaclas’ daily recap:

The Capes’ BCI was up 51 points and now stands at 2,199… Are the capes sustainable or just volatile, or another bubble? We shall see…

Just one point plus for the Panamaxes’ BPI now at 1,679 points; caution…

The Supras too on one point; the BSI managed to clinch  this one very special point and now...

http://www.allaboutshipping.co.uk/2018/10/03/172713/

The BDI@1,524 …hooray hooray?

The BDI (Baltic Dry Index) clinched 21 points earlier on today greatly assisting the mood for the World Maritime Day! Geopolitics in perplexed jeopardy; ultra-caution should be observed. John Faraclas daily briefing:

The Capes’ BCI managed a good 39 points plus and now stands at 1,949 points..

A dozen points for the Panamaxes BPI  now reading 1,689…

Any point is more than welcomed and that happened with the Supras’ BSI  now at 1,195 an the Handies’ BHSI now at 627!

The Wets were both up; the last...

http://www.allaboutshipping.co.uk/2018/09/27/172386/

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/

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/

+ More