Volatile Markets and Geopolitical uncertainty might trigger monumental mess

Containers, Dry Bulkcarriers, European Union, Markets, News, Politics and Government, Reports, Sales and Purchases, Ship Finance, Shipping Indices, Statistics, Tankers, Trade and Commerce — By on July 25, 2017 at 6:11 PM

John Faraclas

The BDI (Baltic Dry Index) ended up earlier on today with just three point plus and now reads 980 following two business days of stagnation… The Geopolitics are as dodgy as ever; John Faraclas’ daily recap:

The Capers were up 50 points and the BCI now reads 1,221…

The Panamaxes had fallen 23 points and the BPI now stands  at 1,225 points..

Minus one point for the Supras’ BSI –  now at 813…

Steady…err stuck at 500 points the Handies’ BHSI…

All in all a very uncertain and volatile market; a market missing the real momentum, a market below the 1,000 point mark, a market missing 1,297 points from the end of December’s 2013 closing… So do we take it that shipping becomes a very difficult adventure and it is ONLY for the very very very few as you all very soon verify…???

The Wets falling too, not much, but falling; the last published BDTI (Dirties) and BCTI (Cleans) lost six and one point respectively – now standing at 649 and 549 points…

The WTI with its ups and downs, some twists and turns, maintained the US$ 46 plus level – now as these lines are being written reads US$ 46,62 … Good for the poor masses!!! It might rise a bit more, but this is life…

The Planet Ocean’s Financial Status and Performance is more or less similar to that of 2007 approaching the 2008 scandalous collapsing period. The World and the World’s Financial Markets are bankrupt; full stop and period! The media must stop the damn lies. Credit cards debt is over five trillion dollars on a worldwide basis. Home loans and personal loans too. Business loans are in uncharted waters. CAUTION for the next crash!

The Shipping Industry’s most important field, that of Shipbuilding has gone bust ! Any objection… You can see from the recent reported activity, a very well construed pdf in the respective report  by VesselsValue… the level of falling orders… The Far East in particular is in a mess!

Back on the 13th of June 2012, just over six years ago we have warned in respective reporting of what is yet to come and ever since this medium is up and running we have … “cautioned” the markets and all stakeholders of what to expect… Some are still trying to distort the real truth… but to their detriment, they have failed spectacularly in their short, medium and long term prognosis. We have stressed also the then Greek Government to be careful not to rock the boat…

No funds are available now that is the right time from banks for orthodox so to speak shipfinance  to build ships; same applies for modern second-hand ones. Funds involved in participating to the shipping adventures are ignorant on what shipping is all about…

The Geopolitical front, as we have explicitly stressed over the last two years in particular, goes from worse  to worse and we must all get it right in our minds that we are in war; everybody against everybody, all against all, in all fronts… Shame to all these morons, the politicians and their cronies, their supporters – the business hooligans in creating this mess… whilst at the same time they speak and “care” about Democracy, Humane Rights and all that to receive our vote when elections are due… SHAME! Indeed i a cynical believing in “War, Father of all; if you don’t destroy you cannot rebuilt”; this being the pitiful message for all!

MIGRANTS by far are the most important and dangerous of all issues; they increase day by day everywhere, and those with religious “issues” might become detrimental for all societies… For a start the social cohesion has been broken…

The Wars in Syria and Iraq against ISIS and others, the more it goes on, the more will created despicable mess and soon will affect shipping – remember this!

Erdogan’s Turkey has its own agenda promoting blackmail and soon a possible destabilisation of a vast area from the Straits of Gibraltar to Afghanistan and from the Caucasus down to the Horn of Africa. See and study their Qatari military deal and basis, or the one in Albania and in many other places and see how somebody is pushing Erdogan to create a global mess. CAUTION… Now his interest is focused on Jerusalem threatening that Israel will pay the penalty for its behaviour in the region…

Greece continues in dire straits despite the rhetoric and the exodus in the financial markets; a Boomerang is expected… As mentioned above on the shipyards issue,  were the current coalition government “tries” its best – “like” all other before,  See our live interview back in 2012...

BREXIT seems a long process and lets see the deal between the USA and the UK that president Trump is creating so to speak… An important aspect in BREXIT is citizens’ rights were the UK and the European Union are still on a split level…

Mind the situ in Poland…

Wildfires raging in Frances’ Provence-Alpes-Côte d’Azur region… Pity to see this touristic region burning…

At the other side of the Atlantic in the USA president Trump still has a lot to do and short out; be on watch!

In Canada now; whatever happened to the controversial liquefied natural gas (LNG) project planned for the country’s  west coast and same  has been cancelled?

Russia warns that there will be an odd response to USA’s and other nations and Nations-blocks if sanctions continue through extra voting in Parliaments and other government institutions…

In Africa, the Libyan crisis might, repeat might come to a conclusion and see –  hopefully after next year’s planned elections, this demolished country back to law and order. France’s president Macron is doing his best to help restore law and order after the 2011 ousting and death of Col Muammar Kaddafi… which lead to an upheaval of incalculable proportions…

Watch out events in Nigeria and the process with respect the age limit for a president election… Many more issue there are still unresolved…

Have a nice evening and be on guard for any eventuality emanating from Pirates and Terrorists wherever you are on Planet Ocean!

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