Capers Volatility and Uncertainty reigns in the shipping markets; geopolitics of the edge…

Associations, Chartering, Civil Unrest, Conferences, Seminars, Forums, Containers, Corruption, Dry Bulkcarriers, Earthquakes, Tsunamis, Cyclones and Typhoons, Health and Safety, LNG, Maritime Fraud, Maritime Tourism, Markets, News, Oil Industry, Piracy and Terrorism, Safety and Security, Sales and Purchases, Salvage, Towage, Wreck Removals, Sanctions, Ship Demolitions, Shipping Indices, Statistics, Stock Markets, Tourism — By on September 18, 2015 at 9:25 PM
John Faraclas

John Faraclas

Our thirty-eighth weekly recapitulation of the shipping markets, their respective main indices and world geopolitics affecting same in 2015 and beyond, tonight Friday the 18th of September 2015, with John Faraclas of AllAboutShipping in London.

  • The BDI, the Baltic Dry Index, closed up 77 points since yesterday Thursday the 17th of September at 960 points which is 142 points plus since last week’s 818 points. Volatility… knocks… Still too far apart from December’s 2013 closing at 2, 274 points; a 1, 314 points difference…. not to say from the real healthy market of 5, 000 (fivethousand points) Eh! A good time though, as we have mentioned in the early spring to go for newbuildings – double eco ones!
  • The BCI 2014 was 358 points up since yesterday at 1, 995 points which is 797 points up since last Friday’s 1, 198 points… How one does celebrates volatility?  We advise CAUTION as one size doesn’t dictate an upward healthy market… As said above: Volatility, Volatility at its best!!!!
  • The BPI was 26 points up at 773 points which is 38 points up since last week’s 735 points. Caution here too, despite being our favourite size and a size destined for success particularly aftre the opening of the new Panama Canal!
  • The BSI was 1o points down  since yesterday at 762 points which is 48 points down since last week’s 810 points, , and,
  • The BHSI was also down, but only five points at 426 points which is 34 points down since last week’s 460 points.  We repeat our CAUTION: dry markets are volatile and the world economy in tatters…
  • The wets now: the Dirties and its BDTI index were 19 points up at 658 points which is 18 points plus since last week’s 640 points…
  • The Cleans and its respective BCTI was down four  points at 522, which is 33 points down since last week’s 555  points…
  • The price of oil continues to stand in the region US$ 45. with a bit of a downwards trend…and
  • The Fed leaves the interest rates unchanged!!! Watch it!

The Geopolitics front continues far worse and blur since last week…:

  • The Migrants drama is now causing discontent amongst the European leaders; a big shame for our leaders who are out of any context vis-à-vis the Migrants issue. We wish to see them one by one resigning. They do not have any short of respect for human beings and they lack of knowledge on the issue! Terrorists are pouring into Europe with incalculable repercussions. The Syrian affair will go off hand soon. Russians might join the war-torn Syria…
  • The Greek elections in less than 48 hours will produce further socks; be on guard! We repeat our view for an Aristos government; all the rest will fail! The Greek people though will pay the damage yet again! Catharsis might be the only solution so Europe pays the real damage. Europe leaders and in particular the German ones are to blame for this situation, as Catharsis will send many to prison… and then we will take Berlin – you dead well know what I mean…
  • In Ukraine, things continue to be messy…
  • China slows down, caution…
  • The Islamic State must be stopped. Those really behind  ISIS one day will pay a hefty penalty, even with their own lives!!!!  The more we delay the destruction of the ISIS lot, the more trouble we are entering… Get in Mr. Obama; bring your ground forces in to end this mess!!!! It’s is about time!
  • Good to see after 54 years a Cuban Ambassador in the White House; that’s good news! (But do please let American citizens to enter Cuba for their holidays…). “Sanctions” must end here and now…
  • Poseidon Med partners Event in Limassol was one of the best ever; equaly Maritime Cyprus!!!!
  • The Taliban attack in Pakistan raises more fears for increased instability in the region…
  • Fighting…erupts in the Japanese parliament due to the country’s armed forces new role to fight overseas after 70 years from the end of WWII. Abenomics is one thing; Warbenomics yet another…
  • A state of emergency in Chile following another earthquake at 8.3 of the Richter scale…
  • The aftermath of the London International Shipping Week continues to bring in positive news!
  • Capital Link’s 7th Annual Global Commodities and Shipping Forum in New York was yet another success.
  • Don’t miss the Danish Maritime Technology Conference during Danish Maritime Days in Copenhagen 7-10 October! Have a log on in our UPCOMING Events and see what’s coming up!

We continue to invite the world visiting Greece and its Islands; that will counter as a plus to the troubles Greece and its people are going through. Greece is for all seasons! The Turkish Government by allowing the traffickers to move the migrants to  the Greek Islands not only spoil Greece’s tourism but will eventually create the worst explosion in the East Med… Otherwise, do try Santa Helena in the middle of the Atlantic; for a change, a great place to unwind!!!

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