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Showing posts from October 15, 2013

ARE YOU A PLAYER ???? : Are container derivatives poised for bumper growth?

Freight derivatives
Boxing clever







Are container derivatives poised for bumper growth?







Aug 19th 2010 |From the print edition






Crate expectations




FORGET civil rights, sexual liberation and pop music. The swinging sixties also saw the advent of containerisation in shipping. 



Some 140m containers now carry around half of the world's exports by value (see chart). 



And according to the brokers that are starting to offer container-freight derivatives, contracts based on the future price of renting containers, the way these boxes are financed is about to undergo another revolution.




Clarksons, the world's biggest shipbroker, which pioneered derivatives for dry-bulk cargoes like iron ore and coal in the early 1990s, made its first container-derivative trade in January this year. 




Since then two other London-based brokers, ICAP and Freight Investor Services, have also started to offer derivatives settled against the Shanghai Containerised freight index, which is based on per-box rates on the world…

A surprising map of the countries that are most and least welcoming to foreigners

BY MAX FISHER




March 21 at 8:00 am


Click to enlarge. (Max Fisher/Washington Post)









Buried several hundred pages into a new World Economic Forum report on global tourism, past the sections on air travel infrastructure and physician density (by which they mean the number of physicians per capita, not the mass-per-cubic-meter of individual doctors), are some very interesting numbers. 




The WEF has compiled survey data from 140 countries estimating the attitude of each countries' population toward foreign visitors.





The results, mapped out above, seem significant beyond just tourism. Red countries are less welcoming to foreign visitors, according to the data; blue countries are more welcoming. Click the map (or here) to enlarge the image.







The WEF gathered the data from late 2011 through late 2012 by asking respondents, "How welcome are foreign visitors in your country?" The WEF explains that the survey results are meant to help "measure the extent to which a country and society a…