Capers’ fall bring the BDI@1,405… Geopolitics a burden for all…

Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce — By on November 14, 2017 at 11:55 PM

John Faraclas

The BDI lost another 40 points earlier on today and Geopolitics might make the world collapse earlier than anticipated. John Faraclas’ daily briefing:

The Capers loss today was a three-digit figure; 142 points down with the BCI now standing at 3,209 points…

The Panamaxes were also down; the BPI lost 41 points and now stands at 1,346 points…

Once again a double digit drop  for the Supras, now at 872 – minus 16 points…

The Handies’ loss was just two points with the BHSI reading 642 points…

So, as they say: whatever happened to the Dry Markets… Is it a fall, a correction, or still a volatile and unsustainable market… Predictably unpredictable or vice versa, it remains to be seen how the stakeholders react on the 31st of December 2017… Wonder how many have contingency plans for the years ahead…

More and more newbuldings are coming in the water and let’s see how many will survive from the coming unprecedented competition… In the meantime more orders… and why not… You have to be a bit cynical…

The Wets once again with mixed feelings; the last published BDTI (Dirties) and BCTI (Cleans) stood at 796 – minus seven and 556 – up six points respectively.

The WTI went over and above the US$ 56 mark… The sufferings of the masses will be expressed with discontent… CAUTION!

The Geopolitics turn sour. Many new issues surface now and the British Prime Minister accusing the Russians for meddling in elections and carrying out cyber espionage. Mrs. May will, at all costs, defend the United Kingdom as well as international Peace, and rightly so! Let’s see the real response from Moscow… This is a very serious issue and accompanies the suspicion the intelligence services have for the same issue over the US elections a year ago… Things get tough…

In the meantime the MIGRANTS issue remains on top; the final “stage” of defeating ISIS’ remnants continues with accusations on who let the ISIS fighters go free –  Scott-fee… Now imagine the scandal coming out… International outcry…

Turkey’s issues as well as those of Greece remain…

BREXIT becomes tentative … As we have said in the past, but also recently, BREXIT is the issue of this Millennium, end of the story… Hard, Soft or whatever, it is best to wait until it happens…

Wonder what is president Putin’s next move, obviously a calculating one…

How the USA will respond? With many open fronts and the North Korean saga still on, things might get sour for president Trump… The issue is that the USA will dominate the Planet Ocean affairs and run the show, but some stremline=ing and care are needed as you cannot underestimate others…

Mess in Zimbabwe?

Have a nice evening and be on guard for any eventuality emanating from Pirates and Terrorists wherever you are on Planet Ocean!

Uploaded 22:12 GMT

Updated: 23:55 GMT

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