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Mark Williams
Nov 5, 20245 min read
For Shipping, Is the Chinese Party Over?
During this first quarter of the 21st century we have become accustomed to China driving global economic growth. The world’s economists...
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Mark Williams
Oct 17, 20246 min read
Fun with FONASBA
This week I visited Athens as the guest of FONASBA, the Federation of National Associations of Ship Brokers & Agents. This year is their...
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Mark Williams
Aug 12, 20247 min read
Shipping's Productivity Puzzle
Shipping demand is governed by global production levels but also by shipping's own productivity. The latter is endangered by the energy...
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Mark Williams
Jul 29, 20247 min read
If the Fed Cuts Rates, Go Long BDI
MACRO Macchiato 2024 07 29 We are, it is generally acknowledged, near the top of the interest rate cycle. Since 2022, the US Federal...
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Mark Williams
Jul 15, 20248 min read
Xi May Be the Reason...
Are disappointing economic news and increasing tension in the South China Sea connected? A wave of unwelcome economic data from China has...
228 views0 comments
Mark Williams
Jul 12, 20242 min read
Isolationism Update...
In the 23 hours since I published my last Macro Macchiato post in which I argued that China, India and Saudi Arabia's actions show that...
164 views0 comments
Mark Williams
Jul 11, 20244 min read
The Interconnected Global Community: Defying Isolationist Notions
In a world where deglobalization has become the fashionable political sentiment, the idea of isolationism seems increasingly popular. Yet...
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Mark Williams
Mar 8, 20245 min read
Li Qiang Indicates China's Priorities
China's National People's Congress speech parsed for nuggets of useful information. The Chinese National People’s Congress (NPC) happened...
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Mark Williams
Feb 23, 20247 min read
Would you buy a Capesize bulker today?
There has been a Capesize S&P “frenzy” so far in 2024, as one shipping paper put it as it reported the sale of the 181,400 Dwt, 2014...
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Mark Williams
Dec 20, 20235 min read
Route Canal Therapy
The Panama Canal Authority has taken steps to increase transits in January to 24 ships a day from 22 currently, having previously...
165 views0 comments
Mark Williams
Nov 28, 20235 min read
The Future of Logistics?
China is increasingly investing in North Africa. Shipping should take note. The shipping industry is largely dependent on China for the...
280 views0 comments
Mark Williams
Nov 12, 20232 min read
Global Biodiversity Standard
A Message for Macro Macchiato Readers from our Partners at JS Global Advisory While much of the shipping industry’s attention this year...
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Mark Williams
Oct 12, 20236 min read
Disorder and Conflict Include Us All in the 21st Century
Shipping must shoulder the burden, absorb the costs and carry on calmly Macro Macchiato 12/10/2023 This week, Intertanko has issued...
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Mark Williams
Sep 5, 20235 min read
Bigger BRICS and Shipping
Two news events of interest on 24 August got global coverage. First was the death of Yevgeny Progozhin, head of the Wagner private...
78 views0 comments
Mark Williams
Aug 7, 20234 min read
Does Demographics Indicate How China and Japan Differ?
A number of thought pieces have been published recently considering whether China’s economic malaise is deeper than just a prolonged...
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Mark Williams
Jul 3, 20235 min read
Do Independence Day Air Passenger Numbers Suggest Aviation is Back?
and will that help the asthmatic oil tanker market? The US Transportation Security Administration (TSA) says that it expects record...
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Mark Williams
Jun 19, 20234 min read
The Attributes of a Succesful Shipping Analyst
Following up on last week's post on what makes a good broker I received lots of positive feedback about last week’s Macro Macchiato on...
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Mark Williams
Jun 12, 20234 min read
The Attributes of a Good Sale and Purchase Broker
I was asked over the weekend what I thought were the main attributes of a good Sale and Purchase shipbroker. Now, I have not worked as a...
391 views0 comments
Mark Williams
May 31, 20234 min read
Papering over the Cracks
As the global economy exits the three year pandemics, structural issues are becoming visible again. President Biden and Speaker McCarthy...
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Mark Williams
May 15, 20234 min read
The On/Off US Recession
Is the US going into recession? The chances were about 75% at the end of last year that growth would fall below zero for two consecutive...
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