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Tanker Markets Go Bananas: Can It Last? (Macro Macchiato)
Last week, before I went to Cyprus Maritime 2019, I opined in Macro Macchiato that, “with so much macro-economic confusion, predicting...

Mark Williams
Oct 14, 20195 min read
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Better days ahead for shipping?
Greetings from Cyprus, where today I am moderating a panel session entitled, Are Brighter Days Ahead for Shipping? As any market analyst...
Mark Williams
Oct 7, 20193 min read
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Is this how sanctions are supposed to work? (Macro Macchiato 30/09/19)
Look Mum, we’re in the papers! It isn’t often that shipping finds its way onto the pages of the mainstream press. Usually it’s because of...
Mark Williams
Sep 30, 20193 min read
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Between Abqaiq and a Hard Place (Macro Macchiato 16/09/19)
However many billions the Saudis have spent on defence, it wasn’t enough to prevent the weekend attacks on Abqaiq. Half of Saudi oil...
Mark Williams
Sep 16, 20194 min read
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Macro Macchiato 09/09/19: London International Shipping Week
Macro data are looking a bit wobbly this week. What will that do to shipping markets? US jobs data for August were released on Friday. A...
Mark Williams
Sep 9, 20194 min read
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Summer holiday reading for our 'fermeture annuelle'
The IMF released its update to the April World Economic Outlook last week. Here are some edited highlights: Global growth is forecast at...
Mark Williams
Jul 29, 20194 min read
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ASEAN and China grow closer on trade - Macro Macchiato 22/07/19
The American president’s trade war with China is beginning to have clear benefits for America’s competitors in the Far East. China has...
Mark Williams
Jul 22, 20193 min read
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Summertime Blues or Take the Red Pill? (Macro Macchiato 15/07/19)
Wall Street enters its thundery summer earnings season this week in a stormy emotional state. More S&P 500 companies have issued negative...
Mark Williams
Jul 15, 20193 min read
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Capesize Joy: As Usual, It's Because of China
It has been a funny old year in the bulk carrier market. The first quarter was dismal. The Baltic Dry Index ended Q1 at around 700 points....
Mark Williams
Jul 8, 20193 min read
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Indian Elections Cannot Disguise Economic Worries
India’s general election has taken place in seven phases over the last several weeks, making it the biggest exercise in democracy in...
Mark Williams
May 20, 20193 min read
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Definitely Sell In May This Year (Macro Macchiato 06/05/19)
Here’s the TrumpTweet in full: For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10%...
Mark Williams
May 6, 20193 min read
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Macro Macchiato 15/04/19: Where is Shipping Demand Going to Come From?
Ten most populous countries in 2018 (Source: World Economic Forum) There are now about 7.5 Billion people alive and almost six in ten of...
Mark Williams
Apr 15, 20194 min read
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Hostage Taking: The new Medieval Practices of Deglobalization
Deglobalization has taken on a new twist: the taking of economic hostages. In a return to a medieval form of warmaking, rival countries...

Mark Williams
Dec 14, 20183 min read
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Trade Truce
After considering the news around the G20 Summit in Buenos Aires, I found myself alarmed that just a few of the 20 national leaders at...

Mark Williams
Dec 3, 20183 min read
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Checks and Balances
If power rejects the limits placed upon it, what next? From 23 to 25 October this year, Riyadh in Saudi Arabia will be the host city for...

Mark Williams
Oct 15, 20183 min read
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Deals Deals Deals
The retreat of globalisation and the rise of smaller club deals President Trump has praised his own efforts in replacing NAFTA with USMCA...

Mark Williams
Oct 11, 20184 min read
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Markets update 06/09
Dry Cargo shipping demand remains largely reliant on Asian power generation, agricultural imports and manufacturing. The China – US...

Mark Williams
Sep 6, 20182 min read
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