Panamaxes contain BDI loses

Markets, Military, News, Oil Industry, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, UN — By on June 19, 2017 at 11:50 PM

John Faraclas

The BDI (Baltic Dry Index) lost three points since last Friday the 16th of June, thanks to the Panamaxes who gained 20 points earlier on today; the Geopolitical issues have gone beyond control and soon it will be chaos with Armageddon arriving soon. Terrorism and revenge ante portas. John Faraclas daily recap:

The BDI’s minimal loses of just three points brought the index down at 848!

The Capers lost 44 points with the BCI 2014 standing at 1,169 points; ultra-caution should be observed and risk assessment procedures to avoid further loses leading to a catastrophe…

The Panamaxes’ BPI as said in the preamble saved the day; at 984, the BPI might surpass the 1,000 threshold but…

The Supras’ BSI on a plus mode gained seven points and now read 708 – every single point counts…

The Handies’ BHSI with just plus two points …makes waves; not bad to see the 437 points there and safe…

So wonder what remedy the analysts, gurus and all the lot have to recommend and wonder how same can be received and “performed” by owners and banks who in reality they are the contractual owners…

The Wets on a mixed low mode; the last published BDTI (Dirties) and BCTI (Cleans) stood at 702 – minus two and 522 – plus five points respectively. Still very low and uncertain levels. Add the shale factor and see what is coming up. Add the Geopolitics and a possible “write” off of some Middle Eastern Countries oil and gas and see what might happen with the fear also of a faster Alternative Sources of Energy approach and consumption…

Still best ever Buyers’ Market we have witnessed! Time to punish the shipyards…

Still  a low market – the Dries are far below the Dec 2013  2,200 points-level and the Wets below the 1,000 points; so what’s up !

The WTI stands in good low levels  of region US$ 46,50…

The geopolitical scene is per our long term reality prognosis– and not fears, sinking the boat… I can see many “CTLs” around Planet Ocean…

Whenever in the past we have mentioned: “War Father of All; if you don’t destroy you can’t rebuilt” (the old Greek maxim, …maximised) people thought we were going over the top… As reality bites now, you can see the state of the geopolitical inferno all over…

The MIGRANTS remain still by far the most crucial of all issues and the more we don’t appropriately tackle same, it will be too late, it is already! It is for the MIGRANTS and whatever derives from them that even Piracy and Terrorism surges and makes Planet Ocean a real mess!

The Wars in Syria and Iraq might enter another dangerous phase given the ultimatum “delivered” by Russia that its armed forces will down any flying object in the area of the Russian Army and its allies in the region of operations – particularly west of Euphrates river, following  the American action which shot down a Syrian war-plane… As we have said in the past, a very perplexed situation and if you add the Turkish interference and participation with Qataris in military exercises… you can see what we mean. I guess the USA must reconsider what really Turks stand for!

We are not harsh with Turkey but somebody must say the truth about a country who continues to pester everybody around and blackmails even itself… not just its friends, allies and …foes, just to put you in the context of a country lying all the time. Today the Turkish prime minister Yildirim whilst visiting Athens to meet his Greek counterpart Tsipras countered that Greek fighter planes and naval ships also violate the Turkish airspace… Lies, damn lies! After these replies, when the Greek prime minister said more or less in a nice and polite way, in a nutshell that enough is enough, you can understand that building mutual peace measures or trying to allow them enter the EU, is futile – and as we are more or less in the middle of the summer, a midsummer night’s dream… Caution!!! Turkey is indeed going through a very deep crisis internally at all levels but at the same time gets involved with external issues that might become one a day a boomerang, after obviously creating havoc around… particularly to its proteges…

In Greece the situation remains the same; the Tsipras/Syriza lead administration with its coalition partners MUST go! Nothing really has been done from what Tsipras’ populist declarations in Thessaloniki. Having said this, don’t think that the opposition’s two main parties who ruled Greece for most of the time post the Colonels, are any better, only an iota if you like; they are those responsible for Greece’s mess with the Europeans led by the Germans. Once again we provoke a live TV debate on any of the World’s A1 stations.  Greece, as we have numerous time proposed, needs asap an Aristos team to run the country for ten years and streamline everything. Then elections can be more than welcomed; end of the story. I bet the day when all traitors in Greece and their European accomplices are being nominated  – named and shamed, there wouldn’t be even a Kaiadas Canyon available for them! With over 1,1 mio unemployed, 700,000 are in long term and 370,000 over the last four years, it remains to be seen who continues his damn lies. The worst of all is that Klaus Regling and Thomas Wieser believe that Greece might tap the International Markets in either 2017 or 2018 and borrow… No borrowing please, enough!!! We insist Greeks to turn to seafaring jobs but an appropriate short and long term plan must be in place asap and same to deliver and materialise the wishful thinking! It happened post World War II very successfully! Now for the records: Deloitte survey claims that Greek shipowners are paying more tax compared to EU rivals!!

BREXIT begun today amid another terrorist attack in London’s Finsbury Park; this time targeted Muslim worshipers during the Ramadan just after midnight (12:20 BST). Shame. A very traumatised society must get together, if possible, here and now and avoid further trouble which is really in no one’s interest. The Grenfell Tower and all the latest Islamists attacks in London, Manchester, London create and unprecedented environment. CAUTION! UK Prime Minister Theresa May and the Metropolitan Police Commissioner were there on the spot meeting faith leaders at Finsbury Park Mosque. Let us hope hatred and evil don’t succeed!

On the BREXIT issue the hope is that the United Kingdom will have a better future with another  relationship which will not jeopardise the traditional post WWII relationship with the mighty continent…

Macron’s convincing win in the French National Assembly is a reality; lets see how and when he delivers. Winning  308 from the 577 seats with 43 centum of the vote is fine; wonder the 42,6 centum – a record for modern French election if it hides something sinister in the future…  Wonder how Macron and his government will tackle terrorism as more and more issues surface. The latest one on the Avenue des Champs-Élysées in central Paris witnesses the hatred and fundamentalism. France remains, and rightly so in a state of emergency. Caution!

In Portugal the death toll rises from the forest fires and might go over 60 and as temperatures could rise tomorrow towards 37-38C, expect messy situation which might be enhanced by the windy conditions… Pity!

At the other side of the Atlantic now, firstly in the USA were nearly 1,300 children under the age of 17 lose their lives per annum from gun-related injuries and about 5,800 get seriously injured. Shame and CAUTION should be observed. No excuses. In the meantime nearly 200 mio Americans have been accidentally exposed by a marketing firm contracted by the RNC; their personal details and political biases have been …aired!! The most important though issue is that of the death of the 22 year old Otto Warmbier, a student brutally detained in North Korea for 15 months. An ultra response would be more than welcomed! Your turn president Trump to appropriately handle North Korea!

What’s up …down in Venezuela with the USA and Twitter?  Nicholas Maduro is a MUST to go, and let’s see his real backers…

China on alert after university students have been targeted by online moneylenders of the otherwise unregulated industry. A unique crack down takes place and hopefully all perpetrators will seat on the dock; very unethical! And there are nude selfies as collateral… Smash the culprits!

And finally in Afriac,  Nigeria in particular where more than half of the food aid meant for people fleeing Nigeria’s Islamists insurgency has not been delivered. The Boko Haram violence affects over 8 mio people. Shame! The UN MUST intervene with appropriate action and NOT resolutions, words,  etc etc

Have a nice an safe evening and above all be on guard from Pirates and Terrorists of any kind wherever you are as they continue to loom in the background ashore and in the high seas!

Uploaded: 16:41 BST

Updated: 23:50 BST

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