Uncertainty and volatility still rule the Markets…

Marine Insurance, Markets, Military, News, Salvage, Towage, Wreck Removals, Shipping Indices — By on November 28, 2016 at 10:48 PM
John Faraclas

John Faraclas

The BDI (Baltic Dry Index) was up just three points since last Friday and now reads 1,184 points. The Geopolitics must be closely monitored; John Faraclas daily market report:

The Capers’ BCI 2014 following last week’s collapse continued with only three points fall and now stand at 2,260 points. Hopefully, repeat hopefully, the worse might be off…

The Panamaxes BPI was up 11 points keeping the Market steady…. It now stands at 1,400 points flat.

The Supras’ BSI following an upwards rally in which they went over and above the 900 points, gaining nearly a hundred points in a week’s time, today lost four points reading 904…

The Handies’ BHSI was up another seven points reaching 527 – not bad but…

The Wets last published BDTI (Dirties) and BCTI (Cleans) with mixed feelings; 892 plus six and 456 minus four…

The WTI went below the US$ 47 mark and fluctuations might cause tremors…

The Geopolitical front gets worse:

The MIGRANTS issue rule Planet Ocean and we warn all of the influx of MOIGRANTS from the Turkish Anatolian coast and Northern Africa to Greece – and its Aegean Islands, and Italy! This coupled with the Turkish blackmail will reach incalculable levels… The inability of the Mighty Continent to intervene and reprimand Turkey is monumental and despicable. Troubles at the Greek Island’s hot spots are being provoked on purpose, on the other hand all Migrants should leave firstly from the Greek Aegean Islands and slowly slowly from the Greek mainland. Those who think they are right with the existing policy we can entertain them live on any A1 TV channel.

The War and inhumane situation in Syria continues and be on guard as we have warned you of what will happen after the fall of Aleppo. In Mosul too we need to see an end. Meantime we would like to know who is selling ammunition etc to ISIS… Some nations should stop the hype…

BREXIT continues to produce more and more news and hiccups for all. What a mess, what a defeat for Europe. Again we repeat the palaver of having rules and conditions to enter but not to leave. Shame! Shame. Wonder what will happen with BREXIT’s legal battle… meantime UK-Polish relationship will become much stronger after BREXIT!

Greece MUST get out of the European Union too and above all have an ARISTOS Government to rule for ten years streamline the country and make Greece a prototype pilot scheme state. Greece can become in all fronts a self-sustain nation. Those who disagree or they don’t believe this can happen again we can ridicule the live on TV!

In the USA we still have issue following the most funny and silly presidential election of all times. Let’s hope those responsible can give the appropriate advice to president-elect Trump!

Cuba mourns Fidel Castro and its unique legacy; we sincerely hope that one day the truth will shine on this myth of what the late Fidel Castro was and what purposes he served. Many call him the best ever American supporter; it sounds oxymoron, but the dilemma is there.

In France the centre right makes waves; Francois Fillon’s 66 centum does the trick – no way to match it up for Juppe who gained only 33 centum. The socialists now feel the pain… The end of Hollande and his team is near…

Italy too goes through a referendum and let’s see what will happen for the much awaited constitutional reforms there…

In the FarEast and particularly in Japan, caution should be exercised in Fukushima’s clean up costs and surrounding issues…

China still in uncertainty on many fronts, particularly financial ones and in shipping, the shipyards issue still an issue…

In Pakistan the most powerful man retires; so how’s life gone to be there after general Raheel Sharif’s stepping down…

Don’t miss the Salvage and Wreck Conference on 7-8 December at the Hilton down in the Tower Hill!

That’s all for now; if there is anything special we will update this report particularly the geopolitics part; have a nice evening and once again: be on guard for any eventuality…

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