The BDI@1,429: The storm before the storm?

Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce — By on September 27, 2017 at 11:55 PM

John Faraclas

The BDI (Baltic Dry Index) lost another 47 points and now stands at 1,429 points thanks mainly to the as ever volatile Capers; the Geopolitical situation becomes messy given the multiple of provocations… John Faraclas’ midweek briefing:

The Capers lost 159 points and the BCI now stands at 2,942 points – lost its 3,000 point threshold and everything might be possible…

The Panamaxes’ BPI was also down; it lost 40 points and at 1,406 might become a liability, although we are positively optimistic that it might recover…

The Supras lost 11 points with the BSI down at 1,054 points…

Only the BHSI continued to rise; hopefully the Handies might bring some returns and at 613 – plus six make waves. You don’t have to be big to be beautiful…

The Wets once again with mixed feelings; the last published BDTI (Dirties) and BCTI (Cleans) stood at 780  – minus one and 652 – plus 23 points respectively…

The WTI stood earlier on at US$ 52.05 – still above the US$ 50 mark and that’s dangerous…

The Geopolitical situation as predicted – read all our previous daily reports and analysis and will verify same, is at a point of no return… Bye bye Peace, welcome War father of all!

The Migrants are casing more issues…

The Wars in Syria and Iraq against the ISIS and dozens of others there coupled with the Northern Iraqi – Kurdistan Referendum will produce “earthquakes” above the 8 (eight) of the Richter scale…

Big headed Turkish leaders might try to destabilise the entire region as a pretext given the Kurdish rising danger and spill it over in the Balkans and central Asia… CAUTION! It goes without saying that if the major powers do not accept the Kurdish desire for the creation of their state with parts of Turkey, Syria and Iran given the 92 centum Referendum result in the Iraqi Kurdistan, expect total mess… Wonder why president Putin doesn’t goes for the Kurdish cause straight and honest…? Eh?

Greece continues its erratic course with a crash more than ever before possible, unless the debts – set up on purpose by the Europeans and their Greek cronies are completely written off; end of the story…

BREXIT, not only makes wave and turns upside down everything in its passage, it will totally change world trade… Watch it how it enfolds with the Europeans trying to destroy the government of the brave and formidable Mrs. May! With the fourth Brexit round of talks under way and Labours childish approach expect many rounds and then the divide and rule and conquer will be on the winning cards… The German elections result are favourable for the United Kingdom…

Mrs. Merkel is in trouble – you see staying in power for so long is one thing, using a female-style offensive-style yet another, but the AfD 94 MP’s is the harsh  reality and a headache for all! Du gamla, du fria!

In Spain things are getting sour with the Catalonian issue…

At the other side of the Atlantic president Tump tries to put his house in order and break from the past as well as try and have a reasonable deal with North Korea, otherwise war will prevail…

Chaos in Ugandas’ parliament and messy demos in South Africa…

In Kabul civilians are hurt in an USA air raid…

That’s all for now and wish you a nice evening; in the meantime be on guard for every eventuality deriving from Pirates and Terrorists wherever you are on Planet Ocean…

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