Capers’ volatility continues as the BDI falls. @1,344 caution is the only remedy…

Associations, Bribery and Corruption, Conferences, Seminars, Forums, Corruption, Dry Bulkcarriers, Markets, News, Reports, Statistics, Stock Markets, Tankers — By on September 12, 2017 at 11:58 PM

John Faraclas

The BDI  (Baltic Dry Index) fell 11 points since yesterday, thanks to the counter form the Panamaxes, otherwise the losses were going to be bigger. Geopolitics turn sour… and London International Shipping Week rewrites Shipping Business History: London will continue to call the shots; John Faraclas’ brief recap:

The Capers lost 88 points and now the BCI reads 2,724 points; volatility at its best from the market’s champion…

The Panamaxes gained 35 points and the BPI now stands at 1,429 points…

The Supras’ BSI with another 10 points plus makes owners happy at 908 points – the 1,000 point threshold can be conquered. If it happens, things might be good for all.

The Handies  are enjoying the 500 plus points threshold and the BHSI now stands at 513 – plus four!!!

Again, we are nearly 1,000 below the BDI’s levels as of the end of December 2013, so be on guard, as we are not even yet within the eye of the storm. If Febs 2016 low of the BDI@290 points, now there are other fundamental issues to be tackled…

The Wets did a bit better through the day; the last BDTI (Dirties) and BCTI (Cleans) gained eight and ten points now standing at 715 and 580 respectively.

The WTI  is close to US$ 48… That’s good as explained in the past for the poor… The rich’s position here is irrelevant – you dead well know what I mean!

The Geopolitical situation gets in all fronts sour…

MIGRANTS, the Wars in Syria and Iraq against the ISIS culprits, Turkey’s dirty geopolitical tricks and blackmail continues in all fronts, Greece still in messy limbo, BREXIT will at the end of the day deliver hell to all, but pride and fruitful continuation to the people of Britain! Enough is enough with the wrong German policies for the Mighty Continent. Russia is been entertained by whatever happens, within its sphere of influence and beyond.; CAUTION! Spain faces “issues” with Catalonians…

The Germans are fighting in their own way their problems amid an election which might change a lot in Europe, but also beyond…

The French with Macron at the helm are faced also with macroeconomic issues..

The USA counts billions of losses after the Hurricanes and president Trump is faced with Herculean tasks.

The FarEast still mess with North Koreans; backers who vote side by side with the others in the UN and UN’s security Council, but “cannot” stop their offspring from deadly actions… Abe cannot be ignored as well as his Japanese warriors who had enough…

Latin and South America is trying to get its act together as unfortunately the entire South American Continent  is being subjected to fraud; sorry ,and regrets but this is the truth. Add the messy lefty loony in say Venezuela and see what you get…

India has its own problems including many cultural ones…

Africa still mess in all fronts…

Australia lives in another wave length..,

Meantime, London International Shipping Week 2017 continues and every moment of this week brings more and more success to the entire Father Thames region with the Square Mile at its best.

The Capital Link event in One Moorgate Place, London was more than a success and the Propeller Club joint event – London/Liverpool very touching too!

Have a nice evening and be on guard from any eventuality deriving from Pirates and terrorists wherever you are in Planet Oceans AND remember to go out and order new ships!!! Those objecting to this we can entertain them appropriately live on an A1 TV station!!! Then we will release to all why shipping is heading for the very very very few!

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    1 Comment

  • P.N.Pontikos says:

    I am bullish on Dry Bulk since the spring of 2016 when the bdi was at low point ~300 and change and remain bullish Yanni. India is the icing on the cake, we have record global grain production, plenty of infrastructure projects, et al… we may even see the BDI exceed 1600 by year’s end.

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