The BDI@1,684… Geopolitics too bad to follow…

Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Stock Markets, Tankers — By on August 28, 2018 at 8:49 PM

John Faraclas

The BDI (Baltic Dry Index) lost 13 points and let’s see how many can ride the triple storm: The Markets, the Geopolitics and the entry in the second year of World War Three… John Faraclas’ post Bank Holiday recap:

We are approaching the end of the summer and still the Dry and Wet Markets cannot function as expected…  Uncertainty is the name of the game!  With 563 points below that of the end of December 2013 (2,247) , figures speak for themselves the BDI is down from its secured level…  It’s almost four and a half years that the BDI is below the 2,000 point threshold!  Geopolitics are so perplexed with the Trade Wars on in all fronts and you need to be THE Rider of the Storm…

The Capes’ BCI if its fall continues it might go below the 3,000 points threshold; let’s hope not! Today it lost 76 points and now reads 3,088. Obviously as we have numerous times mentioned, one size CANNOT dictate or be and determine a market!

On the antipode all other Dry indices were on the plus;  the Panamaxes’ BPI gained 13 points and now stands at 1,643…

The Supras continue to rise and now the BSI is over and above the 1,100 points, 1,110 to be precise! These 15 plus points makes the good difference!

The Handies’ BHSI clinched three points and now stands at 554… CAUTION for all sizes…

The Wets with mixed feelings; the last published BDTI (Dirties) and BCTI (Cleans) stood at 804 – plus ten 10 and 479 – minus one point respectively…

The WTI as these lines are been written stands at US$ 68.48. Our position is: Still CAUTION !

The MIGRANTS dominate, unfortunately our lives and Europe is in a total disarray, thanks to the morons in Brussels… The social cohesion is more than broken!

The Middle East is about to witness a general conflagration of an Armageddon style and that will include the “sensitive” trench from the Straits of Gibraltar to Afghanistan and from the Caucuses to the Horn of Africa… Brace for the coming storm! The Syrian and Iraqi saga will soon look like a kittergarten; you bet?

Turkey continues in disarray; nothing can save this nation given the latest facts: collapsing economy, blackmail tactics, a NATO member NOT to be trusted and wonder Mr. Tsavusoglou’s aspirations to join the EU…A county to watch as it continues to stir up a region of 1,000 miles around its borders…

Greece enters yet another period of uncertainty. Too much populism makes you totally bankrupt! The latest reshuffle earlier on today confirms our worries that PM Tsipras and his likes have one and only one target: to remain in power at any cost and destroying Greece; end of the story. Another  country to watch… gime an ARISTOS regime can do the trick and save Greece, Europe and…

The Balkans are already in a mess… the third round is on its way; take cover… Unfinished disputes will devastate the region…

BREXIT has now more twists and turns; deal or deal, the United Kingdom in the long run will be better off! Interestingly the Notting Hill Carnival was better than  the previous yeas!!!

At the other side of the Atlantic president Trump is faced with too many issues… Did I hear say impeachment? Then the Economy will collapse stupid – it’s the Economy stupid… remember…

More news and market figures later on; until then be on guard for every eventuality emanating from Pirates, Terrorists and Criminals whatsoever wherever you are on Planet Ocean.

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