Market drops amid falling Tomahawk…

Containers, Dry Bulkcarriers, LNG, Markets, News, Piracy and Terrorism, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce — By on April 7, 2017 at 8:27 PM

John Faraclas

The Dry and Wet Market fell further on a turbulent week; Geopolitics might get sour. John Faraclas’ weekly recap:

Thanks to the Panamaxes – our favourite size (and most versatile size and type of vessel so far) which clinched 40 points since yesterday,  the BDI closed up eight points standing now at 1,223, but lost 54 points since last Friday the 31st of March when it stood at 1,297…

The Capers’ BCI 2014 lost 11 points since yesterday now reading 2,174 and 424 sine last Friday’s 2,597 points. Did I hear you say volatility…?

The Panamaxes’ BPI gained as said above 40 points since yesterday (now at 1,427) and 53 since last week (1,374). The Panamaxes are the Dry Market’s focal point!

The Supras’ BSI  gained another four points – now reading 886, and five since last week’s 891 – steady things…

The Handies’ BHSI was up just two points – now standing at 547 and seven since last week’s 540…

We reiterate the view that we need to see at least 1,000 points and have the BDI at the December 2013 levels, that is to say 2,200 points – end of the story!

The Wets on an overall falling mode; the last published BDTI (Dirties) and BCTI (Cleans) stood at 777 – plus four and 672 – minus seven  respectively. On a weekly though basis the fall was considerable: minus 17 from the Dirties (from 794) and almost a hundred – 99 to be precise for the Cleans (from 771).

We need to see another 500- 1,000 point plus to each of the main wet indices become fully …sustainable…

The LNG matters now more than ever, so watch the forthcoming developments.

Be ultra-cautious with the Container Trade; this is the biggest fight, yes a fight for survival no matter alliances, mergers and acquisitions. On top of anything else the World Economic Recession isn’t working for the box trade…

The price of WTI is very worrying above the  US$ 52. Expect a bit of a mess here, at any time it can happen…

Geopolitically now, we are entering the total mess as we have long ago predicted:

To begin with we are having more MIGRANTS all over. More problems for the MIGRANTS and to all the Nations offering a “safe” heaven for them…

The WARS in Syria and Iraq continue and we have now entered another dangerous phase following the early morning rain of Tomahawk against the Syrian airbase of Shayrat. Obviously is despicable to use chemical weapons and he fully condemn these actions from whoever same emanate. Equally we condemn any action which hasn’t been fully justified 100 centum particularly following the Gulf War experience with Saddam Hussein’s Weapons of Mass Destruction MYTH!!! Sorry Guys and Dolls but this is the case. If Assad forces used Chemicals, then we encourage the USA and any other substantial superpower to go and smash him here and now! A total destruction so to speak. Try to eliminate ISIS asap!!! We had enough!

CAUTION as we near an all out war in the region with incalculable repercurssions  for humanity and same will greatly affect shipping. Did I hear you say Suze Canal? Add the consequenses…

Another despicable Terrorists macabre attack happened, this time in Sweden’s capital Stockholm using the latest inhumane method of Terrorist drivers like the latest one in London a few weeks ago. It is about time to deal with this matter, no matter the cost and the collateral damage as many Islamists have overstayed their welcome so to speak. Enough!  We would like to see sever punishment, end of the story!

Elsewhere now; Turkey continues its despicable provocations against nearly all countries in the region and in particular Greece. Time will tell the end result which will also affect Turkey’s backers! In eight days time we shall see what the famous Referendum of president Erdogan will bring. CAUTION!!!!

Next door Greece’s bailout continues and it seems in Malta a “deal” was done which will damage though further the Greek public, particularly the pensioners… All that happens now against Greece, one day we can assure you will be overturned and the truth will shine! We will be the first to name and shame all those who participate in the destruction of the Greek people and also other European countries’ citizens. It is of course an “in principle” deal… Let’s see how same ends up. Expect total mess in Greece any time. Meantime Greece’s PM Alexis Tsipras and Foreign Secretary Nikos Kotzias met Boris Johnson and discussed the BREXIT issue, the long standing Cyprus saga, The Middle Eastern Wars – Syria in particular. Present to the talks was the British Ambassador in Athens Kate Smith.

ETA militants look for Peace; let’s see what happens there. Some of the announcements are very encouraging and we hope to see the famous total disarmament… The Basque issue now, hopefully must be solved. It is about time. See the difference in Northern Ireland!

In South America and in particular in Argentina  (strikes) and Venezuela  (political mess) things might get off hand.

In Africa things are getting sour for South Africa’s president Zuma; people are marching demanding his resignation here and now. And then…

Australia warns for possible terrorists attacks spoiling the forthcoming 102nd Anniversary of Aznac Day at the Gallipoli peninsular  in Turkey’s European side…

In the USA it’s thumbs up for president Trump following his decision to strike against president Assad forces in Syria; the end result though counts. We shall see. All we want is to see president Trump order his forces on an all out attack against the Islamic State and its sympathisers! Add that we want him to also name and same all ISIS’s supporters and suppliers of weapons!!!!

In the Far East we wonder what is going to happen in the South China Sea and the military built up there… How this will affect shipping and the respective sea-lanes towards Singapore and the Malacca straits as well as northbound to Chine itself, Vietnam, Korea, North Korea, Japan, Russia’s Vladivostok…

Have a nice evening and be on guard form any eventuality as Terrorists of any kind loom in the background!!!!

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