The BDI@1,207 with uncertain forthcoming trade rules

Chartering, Containers, Dry Bulkcarriers, Events, Maritime Education and Training, Markets, News, People and Places, Reports, Shipping Indices, Statistics, Stock Markets, Tankers — By on August 16, 2017 at 10:45 PM

John Faraclas

The BDI was up 38 points and now reads 1,207 thanks to the volatile Capers with yet another triple digit spike… The geopolitics will engage new trade rules for a multiple of reasons to benefit only the state and the very few; John Faraclas’ midweek recap:

The Capers’ BCI gained 169 points and now stands at 2,324 points – wonder for how long this upwards triple digit euphoria will last…

The Panamaxes managed a mere 21 plus points with the BPI standing now at 1,310 points…

The Supras’ BSI with a double digit (11) – hooray hooray at 776 points, but the

Handies’ BHSI remained stack at 464 points.

So, we have to repeat our position: One size DOES NOT make or dictate the Markets or make a Market so to speak… Spikes are dangerous – there isn’t any stability due to the unsustainable nature in trade and geopolitics…  Few, if any can get the message…

The Wets still down with the last published BDTI (Dirties) and BCTI (Cleans) at 617 – minus one and 530 – minus six points respectively, as said yesterday remain an “enigma”…

The WTI at US$ 47.25; it might go even below the US$ 47 mark – good for the poor. There is something in the air that we dislike, an intuition suggesting problems…

The Container trade for all is an issue; CAUTION as we have extensively explained what’s behind the success of this trade: well off people with cash as the credit cards completely bankrupted the system… The IP issue will also soon affect this trade. The USA and China are already in loggerheads over Intellectual Property…

The Geopolitical front’s main issues and events:

The MIGRANTs maintain as always the top position; in Spain hundreds arrive and thousands have made the crossing, hundreds have been rescued and some had died… The Spanish Coast Guard rescued 339 MIGRANTS on board seven crafts in the Straits of Gibraltar – between Morocco and Spain; a lane being used  more and more. It is very unusual to see these numbers as same has tripled since last year – from January to July this year we had 7,642 Migrants from 2,763 for the same period last year…

Moreover in Libya the Coast Guard there is targeting Spanish Migrants Aid groups operating and save above all lives – a bit of yet another mess… Because of the “deal” between the EU and Turkey last year “sealing off” the route to the Greek Islands, then on to Greece’s mainland for the long haul to Europe, most of the MIGRANTS have Italy as their focal point from Libya where 97,000 have reached its coast this year… Mess, Mess , Mess!

The  Wars in Syria and Iraq against ISIS and all these dozens of Groups continues and “we” luck news… Despicable…

Next door Turkey’s aspirations might be cut sort, as we have long time ago predicted and written herein; the official announcement of Kurdistan is a matter not just of time, but of appropriate presentation – with or without the referendum there (North Iraq). Turkey’s Foreign Minister Mevlut Tsavousoglou “believes” that a civil war is imminent… We reiterate the view that all regions of Kurds in Iran, Iraq, Syria and Turkey will be united into one single state – end of the story. Turkey, following the news decided to violate yet again Greece’s airspace… playing with fire… What an entertainment of ones losses to violate somebody else’s frontiers… Germany must come to terms with reality and abandon the patronage of Turkey as obviously the antipode / balance so to speak there upsets as it does over the last 400 years, Russia… keeping the Russian at bay from invading in the past Germany – read the real history and you will see… made Turkey a valuable German instrument… The Russian-Turkey wars were monumental…

Greece continues to burn-out with wildfires, natural or by arson in the mainland and its islands and wonder which regime can sort this out… In the meantime the political scenery is blur and expect despicable things to happen if the populist MPs from all parties continue their destructive acts against the Greek people. The lenders are “closing in” too and this can also trigger an upheaval… For those who yet don’t know and understand the Greeks, remember it is NOT “Beware the Greeks bearing gifts”, but “beware the Greeks wrath”…

BREXIT will continue and the name will still be Bond; nothing will deter the United Kingdom from its aspirations in a far better world, despite the propaganda surrounding the BREXIT. More jobs, tighter economy and feeling the squeeze, but you can’t have it all at once…yet the Big Ben will bong – don’t worry for this… To understand that nothing will really happen and all issues, even that of the borders and the Irish border matter will be fine, you can see what happens to forthcoming London International Shipping Week (LISW17) – log on the banner in the front page of this medium and see for yourself. London will continue to call the shipping shots and conversely those of trade, marine insurance, regulation, you name it! The ball is in somebody else’s court… The Customs Union and all that it matters will be appropriately sorted out…

Mrs. Merkel is confident for the September elections in Germany, but her tenure might see strange things happening in Germany and the EU… Many European nations begin to claim WWII reparations; after the Greeks, the Poles arrive..

Russians continue their grip in the regions of influence… and won’t let go, rest assured… Energy matters lead the way there…

At the other side of the Atlantic president Trump advisers must patronage him as his off the cuff words/expressions could severely damage him… Sympathise me, but the Charlottesville demo was indeed a both to blame collision as we say in shipping… We all know how things can get off hand and who is trying to derail societies, whether in the USA or in Europe – provocations with the mask…the bauta if you like… The world has serious concerns on the USA – North Korea latest stand-off and China must stop acting like this in the stage of the world for its own gains… we are also concerned on sanctions that the USA might impose even to China following the mess coming out of the IP (Intellectual Property) the most fundamental aspect of trade…

In the South American continent, Venezuela raises Russia’s eyebrows following president Trumps threats to invade there… next door in Colombia FARC’s last weapons were loaded in a lorry… Is that the end??

In Africa the Mugabes in the spotlight yet again – now with Mrs. Mugabe diplomatic immunity… Kenya’s elections are being challenged by Nigeria’s anticorruption agency… What do you make of the three women suicide bombers blowing up and killing 27 in Borno State the stronghold of islamist militants Boko Haram… Still hundreds missing from the Sierra Leone mudslides…

Whatever happened in Pangong Lake in the Himalayas between the Indian and Chinese armies… CAUTION!

Good to witness the Solomon Islands security pack with Australia…

Planet Ocean is on fire as many times have said; mind the dire straits… Aden, Hormuz, Malacca Straits, Suez, the Dardanelles…

On another tone we are pleased to see the triumph of yet another  WISTA Sea-Maiden at the helm of the most important of all issues, Maritime Education; log on and read carefully:  http://cbswire.dk/queen-blue-mba/

Have a nice evening and be on guard for any eventuality emanating from Pirates and Terrorists…

Uploaded 18:40 BST

Updated 23;45 BST

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