Missing the BDI@666 is a “blessing”…

Accountancy, Military, Piracy and Terrorism, Sales and Purchases, Shipmanagement, Shipping Indices, Statistics, Stock Markets, Trade and Commerce — By on July 28, 2016 at 7:12 PM
John Faraclas

John Faraclas

The BDI (Baltic Dry Index) lost 14 points  today  standing at 665 –  a point below the most sacred number of numerology… so the curse has gone… Geopolitics are increasingly worrying even for the warring ones; John Faraclas daily recap:

  • The Capers’ BCI 2014 lost 23 points falling below the 800 point mark and now at 780 pauses more uncertainty unless a seasonal correction takes place later on…
  • The Panamaxes were hit with 33 points downwards and the BPI reads 719!!!
  • The Supras’ BSI lost eight points and at 676 hopes to avoid major loses…
  • The Handies …outperforming all expectations gained four points and the BHSI stands at 396 – close to go over and above the 400 threshold, and why …not.-

Wonder what the analysts say and have in mind of what’s the best way forward in this falling, uncertain and unsustainable dry market! I just wonder…

  • The Wets too weren’t that encouraging, particularly the Dirties. The last published BDTI and BCTI stood at 559 (down eight) and 464 (up two) points respectively.
  • The price of WTI, as these lines are written, stands at US$ 41,11 – a nice fall for the masses but a terrible result for the oil companies and others… The Energy War too will be played in a very unorthodox fashion and style; just wait and see – you see the pipe lines cannot sustain the peace a few silly morons thought… yes with an emphasis on the phrase “silly morons”…

Many companies financial results are in jeopardy and it remains to be seen how well placed the principals who run these listed (in particular) companies are and what weapons they will unlease in their finacial negotiations with their financiers. A few will go through – this I can guarantee, but many wil end up into pieces… Very few owners  possess  shipping business intuition and very few financial institutions know how shipping operates.

Let’s go to Geopolitics were things are getting worse every single day – soon it will be every hour:

Migrants, the most important of all issues. Mrs. Merkel backtracks from fear of a social upturn in Germany and says she will introduce new measures to improve security, but no reduction or reversal… History and Nemesis will be her toughest judges one day, and quite soon; just wait and see… With all due respect, but you have too many skeletons in the cupboard Mrs. Merkel! There is also the Pandoras’ box of revelations, never forget this!

Introducing security measures to safeguard the public as well as places of worship (churches, synagogues, temples etc.) all over Europe – France, Germany, Belgium, the UK, the Netherlands, Spain, Italy to name but a few EU states will dynamitize the fundamentalist clerics who in turn will ask their terrorists sects to move and create havoc – the normal practice they are doing decades now, but this time it will be in a wider scale. These sleeping ducks are those responsible for what the world goes through!

BREXIT, in my humble view will prove as we have stated many times to the benefit of the United Kingdom and its Commonwealth – the biggest and most powerful economic and trading power house-bloc all over Planet Ocean.  Pleased to read a few hours ago the EDF nuclear power plant investment in UK’s Hinkley Point in Somerset! 18 billion pounds sterling!

The Shipping Industry too, the biggest asset of the British Capital will open for more jobs and investments.

GREXIT will follow soon, they like it or not, it’s inevitable to happen and I bet on this! Greece’s prime minister lost the biggest chance; he is not what  even his foreign backers thought off. He will soon succumb to the harsh reality. It is too much of what the Greek people are going through traumatising their dignity. Let’s provoke him then: Can he bring here and now to the dock all those who embezzled the Greek Nation’s money; all those who destroyed, say the country’s shipyards, eh! Can he do Katharses (a very Greek word after all) here and now; not next year, NOW. By the way Mr. Tsipras, Now means something without duration!

Turkey continues to slide to an Islamistic State with incalculable repercussions for its people and its periphery. It’s about time this situation comes to an end before it is too late of Turkey’s backers too.

ISIS behaviour as we explicitly stated yesterday gradually will lead to hostilities, so let’s be on guard.

In the meantime, president Putin of Russian is closely watching, with his unique style  and knowledge, all the developments and he will interpret same in the  way he wants so he can enter the arena of War…

On the other side of the Atlantic Mrs. Hillary Clinton must do the impossible possible to be elected and form the best administration to tackle – give appropriate solutions to all of the world’s demanding problems. She must tell us her plans of how her administration will run the wolrd affairs and contain the spillage of fundamentalist Islam, the danger that consecutive US administrations allowed to flourish!

China must come to terms with reality, as on the one hand its methods have completely destroyed the West’s labour markets – production, employment, shipyards… and from the other hand she plays foul with legalities of international law fully condemning its actions. Ah! and what about the joint naval exercise with the Russian fleet this coming September in the South China Sea? The South China Sea might cause an unexpected Tsunami!

Remind you of our yesterday’s Warring article and Market report – study both so as to help you fully understand the above.

Will revert with an update later on and more news; until then enjoy the rest of the lovely London sunset! Enjoy this lovely English weather!

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