The BDI@1,323; is the fall here to stay?

Chartering, Dry Bulkcarriers, Markets, Military, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce — By on June 26, 2018 at 11:03 PM

John Faraclas

The (Baltic Dry Index) lost ten points earlier on today; Geopolitics are totally unsustainable. We live in chaos! John Faraclas brief report:

All dry indices fell and let’s hear what the analysts and gurus have to say, as all things being equal, they missed in their assessments the tentative issue of Geopolitics which also include Trade Wars…

The Capes’ BCI was down 15 point at 1,986 falling below the 2,000 point threshold!

The Panamaxes’ BPI was also down – 1,321 points – down 18!

The Supras’ BSI down seven at 1,078… and

The Handies’ BHSI down three at 589 points…

Disappointed? Oh well… The heatwave cools everybody down given these results!

The Wets stranded; the last published BDTI (Dirties) and BCTI (Cleans|) stood at 745 and 503 – no change for the dirties and minus three for the cleans!

The WTI just above US$ 70… I bet we are going to see despicable developments!!! Iran will counter one way or another; others too…

One good thing is expected to happen with those who have access to money: newbuildings of any kind; watch this space!

The Geopolitical situation despite what they (politicians, diplomats and their cronies) say, has gone completely of hand…

All in all there is an evident set-up with a premediated global tempest to come…

For the time being let’s concentrate to the …current affairs: the Migrants first and foremost! Wonder if there is any coherent EU policy on the Migrants issue…

The unending Wars in Syria and Iraq…

The worsening of the situation in the entire Middle East…

The aftermath of Erdogan’s Pyrrhic double victory…

The handshake outside No. 10; Theresa May and Alexis Tsipras – pic NK

The Greek theatre of the absurd continues in all fronts… Now, wonder what did PM Tsipras gained and what lost in his UK visit… A report will follow soon.

The Balkans might explode with incalculable repercussions; it is like Leonard Coen’s song: Everybody Knows!

The BREXIT is here to stay; the EU Withdrawal Bill received royal assent – meaning the Queen has agreed to make it into an Act of Parliament!

The Tariffs et al at the forefront; president Trump knows best…

More news late on; until then 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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