Capers …“save” the BDI; Geopolitics in turmoil…

Military, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers — By on July 31, 2017 at 11:32 PM

John Faraclas

As Capers remained …”afloat” with 86 plus points, bringing the BCI up at 1,225 points; so does the BDI@946 – up 13 – for luck… per Agatha Cristies’ novel. The geopolitics are anytime now going to produce, as we have foreseen, a total mess. John Faraclas’ daily recap:

The Panamaxes continue to fall; the BPI now at 1,095 – down 14 points…

The Supras’ BSI was also down  six points at 723…

The Handies’ BHSI begun to drop further, now at 496 – down two points…

As we have numerous times stressed one size cannot dictate the market. It remains to be seen how long it will take to see again, amid the summer, the BDI approach the 1,000 point mark, not the psychological 1,000 point-level, but the beginning of returning to a bit of normality saving the day, which is the 1,400-,1500 point threshold! If this doesn’t happen by the end of October then the Markets will be at a point of no return! Given that shipping is now shipping for the very very very few, you can imagine what this entails… Can Shipowners and shipping Groups and Pools weather the geopolitical storm and the existing credit crunch worldwide affecting consumers buying goods??? Only recently we remind you of the trillion dollar debt in consumers’ borrowing worldwide, the famously infamous plastic money mess ; in the UK for example same has surpassed US$ 265 billion (about GBP 200 billion)…

The Wets on a falling mode; the last published BDTI (Dirties) and BCTI (Cleans)  stood at 640 – minus  four and 544 – minus one point respectively…

Now you all know my written views all these years on the FFA’s; oh well so long the Baltex… Wonder what will be the commentary from the FFA’s faithful… Anyway, there will be new ways and boards soon…

The WTI unfortunately has gone beyond he US$ 50 mark – now reading US$ 50.20… CAUTION CAUTION!

Geopolitics with the pace thing are moving in all fronts and the tit for tat between the Superpowers, expect the mess to arrive in your doorstep anytime…

MIGRANTS, the Wars in Syria and Iraq with ISIS and all the warring lot there continue; Turkey and Greece remain pretty much on the same situ as per last Friday; BREXIT begins to bite bends (both ends), a very interesting saga might soon enfold; mess in Venezuela; The White House on constant change – seems somebody doesn’t know HR there and makes it difficult for president Trump to find his momentum; Putin retaliates…, China keeps a blind eye on North Korea and at the south China Sea; Japan and the USA are ready to counter with South Korea Pyongyang’s wrath… The risk is extremely high and this is NOT news to deter our attention from other issues in the USA or elsewhere… You never ever know what might happen, even in an preemptive situation… Can diplomacy weather this nuclear storm as the stand-off is serious… See the long lasting sagas over Cyprus, the Middle East, the India-Pakistan Chino Kashmir mess and many many others and see what diplomacy does… at best a temporary postponement of total and all out war… Again we remind you that we are in Humanity’s the 500 year cycle =/- fifty years and things are on a change; CAUTION CAUTION CAUTION!

On another note, Jeanne Moreau passed away; bless the femme obsessed with love and fashion… beauty was an immaterial issue for her; passion and sensuality was her counter to life and the screen making her one of the best woman actress of all times!

Ensure you are well protected wherever you are on Planet Ocean from Pirates and Terrorists.

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