The BDI@1,586: …recalibration..?

Chartering, Containers, Dry Bulkcarriers, European Union, Maritime Accidents, Markets, Military, News, Piracy and Terrorism, Politics and Government, Reports, Shipbuilding and Shipyards, Shipping Indices, Stock Markets, Tankers, Trade and Commerce, UN — By on October 23, 2017 at 10:58 PM

John Faraclas

With eight points plus the BDI (Baltic Dry Index) opened this week’s dry market …deliberations, thanks to the Capers as all the other dry sizes remained more or less stagnant… The Geopolitical situation smells of more gun powder… John Faraclas’ daily recap:

The Capers’ BCI was up 42 points at 3,187 a good level but still a volatile size with whatever this entails…

The Panamaxes’ BPI lost one point and now at 1,642 remains enigmatic, but we are confident that the dry market’s most favourable size will not disappoint its owners..

The Supras’ BSI gained just two points and now reads 1,128…

Plus four points for the Handies’ BHSI now standing safely at 683 points.

The Wets on a downwards trend; the last published BDTI (Dirties) and BCTI (Cleans) stood at 896 points – minus six, losing the 900 base points. The Cleans at 527  – minus four points remains another mystery…

The WTI up a bit, fraction since last Friday at US$ 51,86… Caution with the oil issue…

The Geopolitics produce few more tremors…

The MIGRANTS still on top of all the news put together… The fall of Raqqa will bring more MIGRANTS and given the continuation of the Wars in Syria and Iraq we all become ashamed about atrocities…we are going to see a few more millions fleeing to Europe with incalculable repercussions for all and above all the distortion of social cohesion in Europe’s societies… Raqqa must become a point of reference to all; for ISIS’ Islamist Terrorists to see what might happen if they insist… We disagreed though on the issue of letting a considerable number of ISIS fighters to leave with their families; wrong, let the families leave but get the hell out of these culprits – sorry but this is the feeling! All major combatants – Americans, Russians have raised down cities, so it should be any iota of complain from the Russians on Raqqa reminding them Dresden in the Second World War! Mind the Kurdish issue spreading in all four counties there – Iran, Iraq, Syria and Turkey… It might backfire if not appropriately handled and above all one has to give justice to the Kurds. On another note it is good to finally read that the Souda Migrants Centre on Chios Island in Greece’s Eastern Aegean Sea has been closed. The islanders and the tourists had enough as this centre was at the heart of Chios’ capital. Simultaneously with the closure 300 (threehundred) more arrived from the opposite Turkish Anatolian Coast…. What a blackmail… The Migrants issue is one thing as a result of Wars and other despicable issues in the countries were they emanate from, ISIS fighters returning back to our Western mainly societies yet another and with the existing Terrorists cannot be totally control. The Security Services and Forces cannot cope with all these criminals; lack of personnel… Thee should be a great effort for financial support and training for the appropriate recruits to tackle the coming wave… Be braced for trouble…

Turkey continues to be the major stumbling block for Peace in the entire region and beyond, such as in the Balkans. We have numerous times expressed our dismay by the way the NATO nations and Europe respond to Turkish provocations… Enough! We all know, it is not a secret, of the famous Turkish blackmail – end of the story… Turkey’s provocations against neighbouring Greece, a fellow NATO Allie and EU member must stop forthwith.

Greece next door continues to fall further to the under the stairs politicians particularly those in the famous coalition who “govern” together with Brussels’ German dictators and inhumane people… End of the story. In the Shipping field, the entire of Greece’s Shipyards is up in flames… An expected situation after all given the messy shipyards policy by all Greek administrations post 1974!!!! Shame! Let’s see when they seat in the dock! Ah! Whilst the Saronic Gulf cleaning continues, Minister Kourouplis has ordered the refloatation of the Sea Diamond after ten years being stuck at the sea-bottom and in an awkward position in Santorini… We have numerous times demanded the resignation or better say the ousting of all 300MP’s in Greece given their sins from 1974 onwards together with their accomplices in Europe – you see, you need two in a tango!

BREXIT makes waves and has already created an unprecedented situation for all. Prime Minister May is doing her best for the benefit of the people of the United Kingdom for an honourable and just divorce/exit from Europe. It will be the best thing the United Kingdom ever did for ONE THOUSAND Years!!! Wait and see what happens at the end of the day…

Catalonias still at loggerheads with Madrid and as we believe and advise you expect a messy end…

In Italy Veneto and Lombardy back greater autonomy… Europe will soon end up with a few small nations following and exodus from the Federal State and that will bring even the EU down… It is a long view, but possible, particularly if German dominated Brussels continues under the same modus operandi…

Nothing much is being revealed on Russia vis-a-vis the Ukrainian saga as well as Crimea…

At the other side of the Atlantic president Trump has hundreds of issues to solve – internal and international – amongst them North Korea, Iran and the entire Middle East… He has established strong bonds with Japan’s Abe and let’s see the outcome in the region… and that of the entire Pacific Basin…

In South America Venezuelans are exhausted with Maduro; watch this space… Brazil and Argentina also in a messy situation…

In Africa, Kenya is in tatters…

Lastly be on guard as the Stock Exchanges record “spree” continues but this doesn’t correlates with the actual financial situation of billions of people and nations financial status… If the Stock Markets collapse – it is after all time for this to happen, it will be a double Yellowstone effect…

Have a nice evening and  be on guard for any possible Pirates and Terrorists actions wherever you are on Planet Ocean…

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