Unsustainable BDI@1,185 and diving Wets amid chaotic Geopolitics

Markets, Reports, Statistics, Stock Markets, Trade and Commerce — By on February 23, 2018 at 9:06 PM

The BDI (Baltic Dry Index) ended up earlier on today 18 points at 1,185 and 101 plus since last Friday the 16th of February. The Wets, despite some positive developments, were on a falling mode. Geopolitics,  unless politicians and business hooligans come down to their senses – before coming down to their knees, will be so explosive that not even in your wildest dreams you have ever imagine the outcome… John Faraclas daily and weekly recap:

The Capers couldn’t maintain the upwards trend and the BCI lost three points down at 1,722 points; on a weekly though basis same was up 114 points! Did I hear you say volatility..?

The Panamaxes surge is diminishing and the BPI gained 43 points, now reading 1,481 – 50 plus yesterday and 55 since the 21/2… On a weekly basis the BPI gained a good triple-digit 208 points up from 1,271 on 16/2 keeping the Dry markets buoyant!

The Supras’ BSI was up 21 at 892 points and 55 plus since last week’s 837 points.

Gains for the Handies; the BHSI was up five points at 534 and on a weekly basis up 19 – from 515 points…

The Wets, despite being up today, overall on a weekly basis the fall was significant and …steady; the last published BDTI (Dirties) and BCTI (Cleans)  stood at 645 – minus five and 618 – up one respectively. The weekly fall was four and 12 points respectively – from 649 and 630… CAUTION!

The WTI was approaching the US$ 62.75 mark and seems this will go even higher which is very dangerous…

Shipping is stagnant and only the very very very few will survive despite the 11 billion tonnes of cargoes available today to be transported . The Environment, Regulation and Technology are the most important factors of this change!

The Geopolitics have gone even more worse and the drums of war can be heard now everywhere; shame!!!! Shame as the pacifist politicians of the sixties and seventies proved to be the worse warmongers! Democracy and Peace were the sweeteners to hibernate the masses and all these culprits to systematically  exploit all and exterminate people and young children for the sake of their business hooligan masters… Shame!

It is not the War in Syria and Iraq – as the 99.99 centum of the media say, it is the WARS (in plural) in both counties slowly slowly spreading, “wisely designed” by the Warmongers, all over the place! Add the Turkish schizophrenia and see what you get. Add the German led Europe which doesn’t stop here and now Erdogan’s Turks from violating two European Nations’ and Europe’s frontiers and EEZ and see what you get. There isn’t any nation Mrs. Merkel called Macedonia and if same exists, simply same is Greek; end of the story Frau Merkel! Mr. Tusk must take a more robust approach with the inappropriate Turkey’s stance and behaviour before it is too late. It is Mrs. Merkel to blame for the MIGRANTS in the European Union. We would love to interview her live on any A1 TV station; can she perform?

The Balkans, as we have found out are about to explode… CAUTION as Turkey stir-ups the situation and adding the religious factor can create another mess, worse than the two previous wars in former Yugoslavia in the 90’s…

The BREXIT saga proceeds further and I can assure you that at the end of the day things will go better for the United Kingdom. Some clever dicks though must abstain from petty party politics!

Watch out the forthcoming Italian election…

The USA and Russia as well as China are trying to pursue their dominance but at whose expense…?

More Geopolitics news later on.

On another note we are all getting geared for tomorrow’s HESGB Annual Ball at the Grosvenor House Hotel; the Greek international event of the year!

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

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