The BDI fells; Geopolitics muddy

Anniversaries, Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Sports, Statistics, Stock Markets, Tankers, Weather — By on June 18, 2018 at 11:04 PM

John Faraclas – picture by ecopack77

The BDI (Baltic Dry Index) lost three points since last Friday and now stands at 1,442. Geopolitics muddy as usual and caution should be observed. John Faraclas’ brief market recap:the fall

The Capes managed to gain five points with the BCI reading 2,228 points and that suggest to me that tomorrow we might possibly see the fall…

The Panamaxes’ BPI was down 13 points and now stands at 1,482…

Supras and Handies struggle to remain afloat; the BSI clinched one point and now stands at 1,092, whilst the BHSI gained two points and now reads 595…

The Wets on a downfall; the last published BDTI (Dirties) and BCTI (Cleans) stood at 746 and 515 which is minus 14 and thee points respectively!

The WTI as these lines are being written stands at US$ 65! Let’s see whether it goes under the US$ 60 mark or skyrocks and wrecks billions of households…

The Geopolitics marred with the MIGRANTS saga all over – expect despicable situation soon…

The pressure on Greece to make concessions on its northern neighbour fYRoM vis-à-vis the name… by others with vested interest in the region –  be prepared for a very messy situation to surface in the Balkans and beyond… Those who cause it within and abroad will be in trouble; just wait to see…

Turkey threatens to make another incursion in Syria; its forthcoming elections will be more than crucial…

The Wars in Syria and Iraq goes from worse to worse… Let’s finish off ISIS here and now – it goes too far; you dead well know what I mean… Turkey might invade northern Iraq…

BREXIT is on a steady as she goes basis…

Mind the Tariffs and whatever this entails with the Trade Wars – yes with an s… Shipping will be affected. Mind the speed issue too as you never ever know what up with supplies… AND prices…

Mind the dire straits particularly those from Gibraltar to Singapore – the well known hot zone in Planet Ocean’s hot belt so to speak…

Brazil ole!

The World Cup in Russia produced some surprises; the Brazilians draw with the Swiss-freezing game, the six goals by the Iberian contesters, the Mexicans knocking down World Champions Germany – what a game that was and many other surprises…

Soccer after the sea-sports is one of the most favourable sports for all in the shipping industry. Many shipping tycoons own football clubs all over the place and seafarers are “notoriously” known to attend games when in port… Brazil, football’s magic nation is always at the forefront of news and in this instance the Brazilian factor did stole the show.

what a selfie…

The president of the HESGB (Hellenic Engineers Society of Great Britain) Dimitris Monioudis and his wife Camilla – Brazil ole ole, organised a barbecue  with family, friends and members of HESGB at their garden in south London to support the Brazilian team,  a very soccer-wise colourful BBQ!

The weather was not too good (cloudy and drizzly), the result was not the best (1-1) but the atmosphere was festive with the Greek contingent definitely routeing for a Brazil win at the World Cup…

Batida de Manga

Over two dozens …paid their  ticket …err tributes. Pity the score was disappointing for Brazil… The Swiss managed a draw… Let’s hope things change for Brazil…

Yesterday also marked Father’s Day with all social media breaking any previous record – we have been advised that there were over one billion wishes live on Facebook!

That’s all for now and be on guard from any eventuality emanating from Pirates, Terrorists and Criminals of any kind all over Planet Ocean…

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