Core US markets within touching distance of exiting correction territory, fears of recession fading Spanish heatwaves to drive up the cost of olive oil Potential revival of the 2015 Iran…
The Dry Market had one of its worse weeks with the BDI (Baltic Dry Index) diving down to 2,681 points, thanks to the volatile Capes – losing 660 points since…
Sailors’ Society secures innocent seafarers’ release Five Indian crew, wrongly imprisoned in Iran, have finally been released and reunited with their families, thanks to intervention from Sailors’ Society. Deepak Ravi and four…
Green bonds dispel ‘niche market’ status, Superpowers posturing in volatile Gulf, and more THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world 20-24 January 2020, Vol.11 Ed.2…
Superpowers posturing in volatile Gulf, The Bulletin: Eurovision Thursday 23 January 2020 – Vol.11 Ed.4.3 Commentary: Superpowers posturing in volatile Gulf By Joergen Oerstroem Moeller in Singapore It was once…
American Club Circular no.02/20 – additional US economic sanctions imposed against Iran JANUARY 10, 2020 CIRCULAR NO. 02/20 TO MEMBERS OF THE ASSOCIATION Dear Member: ADDITIONAL US…
The BDI@772; very odd given the other dry indices performance… The BDI (Baltic Dry Index) lost just…
Contained losses with the BDI@773 amid messy Geopolitics The BDI (Baltic Dry Index) lost 18 points since yesterday and now the situ becomes a bit critical with unknown repercussions. The…
American P&I Club: MSCI notice on the threat to commercial vessels from Iran and its proxies: guidance generally as to shipboard vigilance JANUARY 08, 2020 MARITIME SECURITY COMMUNICATIONS WITH INDUSTRY…
The BDI@844: unprecedented market and geopolitical challenges ahead… The BDI (Baltic Dry Index) lost 63 points as well as the 900 points threshold thanks to yet another triple-digit fall of…
Charity says tanker release is good news but remains concerned about other ships. Media have reported that the detained tanker Stena Impero has finally been allowed to sail and this…
Seafarers’ charity raises concern for crew as second tanker seized in the Gulf Global seafarers’ charity, Stella Maris (Apostleship of the Sea), is calling for seafarers rights to be respected…
Another tanker is arrested by Iran Following the seizure of Stena Imperio – still under arrest and the Mesdar – released, another tanker was arrested a few hours ago in…
The BDI down @1922: the heat is on for Geopolitics too The BDI (Baltic Dry Index) lost 15 points earlier on today and now stands at 1922 points as the…
AMERICAN CLUB MEMBER ALERT (July 23, 2019) RE – ENHANCED VIGILANCE RECOMMENDED FOR VESSELS TRANSITING ARABIAN GULF (AG), STRAITS OF HORMUZ (SOH) AND GULF OF OMAN (GOO) Following incidents of…
The BDI@2,170 with mess in two of Planet Ocean’s dire straits The BDI (Baltic Dry Index) was up earlier on today 40 points standing at 2,170; the perplexed geopolitics now…
International Chamber of Shipping expresses concern over developing situation in the Gulf of Hormuz The International Chamber of Shipping (ICS) is receiving reports that a British registered vessel – Stena…
HFW Briefing: The Strait of Hormuz: how can you manage the risks? On 20 June 2019 the US narrowly pulled back from retaliatory military strikes on Iranian targets. This was…
Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks VLCC spot freight rates between the Arabian Gulf and China rose 101%…
Panamaxes spoil the broth… The BDI (Baltic Dry Index) continue with its upwards mode and with 15 points plus now reads 1,194! Geopolitics more than crucial with to and fro…
The BDI@1,062 BDI amid growing global turmoil The BDI (Baltic Dry Index) lost another 18 points and now stands at 1,062; Geopolitics as expected here are more than perplexed and…
American Club Circular No.15/19 – the United States expands the universe of Iran sanctions targets (SDNs) by targeting the metals sector of Iran MAY 10, 2019 CIRCULAR NO. 15/19…
The BDI@821: towards a Market “Resurrection”? The BDI (Baltic dry Index) gained 31 points earlier on today thanks, mainly, to the Capes; Geopolitics still perplexed and worrying in all fronts.…
Daily Overview of Global Markets & the SEE Region (Tuesday, 23 April, 2019) HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Following light volumes in Wall Street overnight, Asian equity indices…
MARCH 27, 2019, CIRCULAR NO. 10/19 TO MEMBERS OF THE ASSOCIATION Dear Member: RECENT US GOVERNMENT ADVISORIES CONCERNING IRAN, NORTH KOREA AND SYRIA The US government has recently issued the attached advisories in regard…