Markets unsustainable yet again with the BDI@ 1,373…

Markets, News, Organisations, Politics and Government, Reports, Shipping Indices, Trade and Commerce — By on June 20, 2018 at 3:28 PM

John Faraclas

The BDI (Baltic Dry Index) lost earlier on today 46 points; Geopolitics coupled with the trade warring aspect of tariffs and other measures due, are already creating havoc, even among allies… John Faraclas brief midweek recap:

The Capes lost nearly 100 points, to be precise 97 and the BCI now reads 2,090…

The Panamaxes down 39 with the BPI standing at 1,419 points.

The Supras did the …trick with ONE point plus and the BSI now standing at 1,094 points… Hooray hooray!!!

Minus one for the Handies’ BHSI now at 593…

The Wets with mixed feelings; the last published BDTI (Dirties) and BCTI (Cleans) stood at 743 – up seven and 507 – down four respectively… CAUTION

The WTI as these lines are written stands at US$ 65.12…. Let’s  see the break through downwards at US$ 60 – first step/phase. It will be good for the benefit of all!

The Geopolitical situation becomes worse – later on tonight we will give you a full account.

On another tone and note my hour-long interview with Kostas Mardas at SBC TV follows – filmed on the 11th of June and aired last Monday night, we will try and translate same as already fifty or so enquiries were a tentative response – although the English language is a Greek dialect; here you go and look forward your comments:

Have a nice evening until we revert with the geopolitical run-down and be on guard from any eventuality emanating from Pirates, Terrorists and Criminals of any kind wherever you are on Planet Ocean.-

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    5 Comments

  • Irene notias says:

    Very good report and i also saw the short version but epwas real good! The photos were great,

  • Excellent interview, impressive knowledge

  • THANK YOU MR FARACLAS FOR CONSTANTLY PROVIDING US WITH KNOWLEDGE AND EXPERIENCE

  • Δρ. Μαράη Γεωργούση says:

    Εξαιρετικός! Ιδιαίτερα συγκροτημένη και ουσιαστική συνέντευξη! Συγχαρητήρια στο κανάλι για την επιλογή και σ’ εσάς κ. Φαράκλα!

  • Dimitris Monioudis says:

    Excellent interview to SBC

    Controversial and thought provoking as always

    Even if you don’t agree with all of John’s views and conclusions you can only respect his bravery in consistently saying it exactly as he sees things.

    We can only wish politicians had the same guts to tell their voters the truth even when it’s painful

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