Capers “lift” the BDI whilst Wets fell sharply

Chartering, Containers, Dry Bulkcarriers, Markets, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets, Tankers — By on September 7, 2017 at 10:56 PM

 

John Faraclas

The BDI (Baltic Dry Index) gained 46 points and now stands at 1,296 – nearly 1,000 points below December’s 2013 closing. The Wets fell sharply and Geopolitics as we have predicted are about to create millions of MIGRANTS, more Terrorists and total chaos will be the name of the game. John Faraclas’ daily recap:

The Capers were the main reason and cause that lifted the BDI with a triple digit plus figure – 176 points, seeing the BCI read 2,614 points. We have witnessed sharp triple hikes from the Capers both ways, so stay put!

The Panamaxes were up 37 points with the BPI standing at 1,351 points.

The Supras and Handies’ rise was minimal – seven and five points respectively with the BSI and BHSI now standing at 875 and 499 points…

“History” repeats itself with the Capers – mainly and to a lesser extend the Panamaxes with hefty gains and the other two sizes not managing a double digit number…

The Wets falling; the last published BDTI (Dirties) and BCTI (Cleans) were up just one point and 17 points down respectively – 699 and 607… The ravage of the Caribbean this time by hurricane Irma continues – devastation and apocalypses now is on! Regret this catastrophe; add Harvey’s mess and see how “impotent” we are in front of natures’ phenomena …err “wrath”…

The WTI at US$ 49.12 keeps the impulse… Need not see same above the US$50 mark…

The Containers-ships are still low and many wonder what’s next; we maintain he view that unless we see the end of the credit crunch nothing spectacular will happen. The households worldwide are in red… no buying power…

We favour newbuildings of any type, a rare chance still as prices are still low to have excellent ships with A1 technology on – state of art ships with a high ecology factor will soon be the name of the game… Who cares about overcapacity; wither overcapacity! Those capable will always be able to fix their tonnage…

One other issue which must be settled is that of fraud; fraud, maritime fraud that we hear and it affects all. There are so many news on fraud in the major media bulletins, that one wonders what we are going to hear next and the mess spreading…

The Geopolitical chaos continues with the MIGRANTS on the rise, the Wars in Syria and Iraq against ISIS and the dozens of other groups and the suspected interference on Israel in bombing a chemical factory might trigger incalculable mess; CAUTION!!! It will backfire. Russia has vested interest and won’ back-off…

Turkey creates the prerequisites in the entire all out war in he Middle East and all over the Balkans; it will be too late to contain the spill over with religious fanatics in the front line…  Greece’s president speech today pointing to Turkish, Albanian and FYROM for their attitude against Greece was the real news for all to understand what Turks are on…

Greece lives the Macron’s visit syndrome… It always happens with French leaders visiting Greece but nothing positive for Greece comes out. Remember Valéry Marie René Georges Giscard d’Estaing, or François Maurice Adrien Marie Mitterrand…nothing really happened… following respective visits… The muppet puppet show of Constitution Square had its day… Time please…

BREXIT now begins to bite; I like it! There will be a moment, a day so to speak that the Brussels puppets will dissolve the EU as they will be unable to match up the British given Europe’s pro German attitude which every single day destroys Europe. Sorry but this is the harsh reality!

The German elections will be decisive and better watch it…

Ukraine fears – as always, an invasion form Russia; true and nobody will dare confront Putin’s boys in their territory…

At the other side of the Atlantic president Trump has more than enough to deal with… CAUTION… Meantime the North Korean saga made him a bit softer or his tactics play another card…

In South America ex Brazilian president Lula is in trouble again following allegations from former MP’s on bribes…

That’s all for tonight, more news tomorrow.

Have a nice evening and be on guard for any eventuality emanating from Pirates and Terrorists.
We are living in interesting times…

 

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