Thursday, December 29, 2016

Passing the Baton 2017

A year full of shocks and surprises is passing the baton to yet another Happy New Year 2017.

2016 was a turbulent yet interesting year for shipping. Oil prices and BDI saw record lows in a decade. It was the year when bankruptcies, mergers & acquisitions; all were happening at the same time. It was particularly a bleak year for the offshore oil n gas industry mainly due to ingress of Iranian barrels, while it was the big boys bullying at the box shipping. Dry bulk sector got up after biting dust whereas, oil tankers maintained their average earnings. The cause of poor freight show has been but not limited to mainly oversupply of tonnage, which has grown leaps and bounds in the last decade.

Its not only shipping, but our entire planet weathering winds of change. Be it environment, politics, technology or lifestyle. While climate is seeking the red corner, world politics is seeking the right-wing.  ISIS, Brexit, Modi, Duterte, Trump, Chinese territorial ambition, North Korea's nukes obsession etc, all indicate to the hostile re-alignment of world forces in the coming years.

In spite of the overhanging sword, Shipping Mario will  keep cruising through the troubled waters, so I wish.

A happy & safe New year 2017 to all.


At 3:42 PM, Blogger OLIVER JOHNSON MOORE said...

Hello everyone, I am Oliver Johnson Moore from Zurich Switzerland and want to use this medium to express gratitude to EDWARD JONES for fulfilling his promise by granting me a loan, i was stuck in a financial situation and needed to refinance and pay my bills as well as start up a Business. I tried seeking for loans from various loan firms both private and corporate organisations but never succeeded and most banks declined my credit request. But as God would have it, i was introduced by a friend named Lisa Rice to EDWARD JONES LOAN COMPANY and undergone the due process of obtaining a loan from the company, to my greatest surprise within 28hrs just like my friend Lisa, i was also granted a loan of $387,000.00; So my advise to everyone who desires a loan, "if you must contact any firm with reference to securing a loan online with low interest rate of 2% and better repayment plans/schedule, please contact EDWARD JONES LOAN COMPANY. Besides, he doesn't know that am doing this but due to the joy in me, i'm so happy and wish to let people know more about this great company whom truly give out loans, it is my prayer that GOD should bless them more as they put smiles on peoples faces. You can contact them via email on {} or Text +1(307) 241-3712


Post a Comment

<< Home