Capes fall further with …“rich” pickings for BDI; CAUTION!

Chartering, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Exhibitions, Markets, Military, Reports, Shipping Indices, Tankers — By on September 20, 2018 at 11:22 PM

John Faraclas

The BDI gained 23 points and now stands at 1,396 trying to go over and above the 1,400 point threshold. Geopolitics full of sins govern the day yet again. John Faraclas’ daily recap:

The Capes lost another 27 points and the BCI now stands 1,838 points; ultra-caution should be observed as volatility is here to stay…

“Recuperating” Panamaxes show its BPI clinching 27 points – now at 1,527… Take a deep breath!

Gains for both the Supras and Handies; the BSI with 1,169 – up ten and the BHSI gaining eight points –  now at 612 are having a good but also safe time…

Once again mixed feelings with the Wets; the last published BDTI (Dirties) and BCTI (Cleans) stood at 773 – plus seven and 499 – minus three points respectively…

The WTI maintains the US$ 70 “limit” – now at US$ 70.75! CAUTION as same will certainly backfire!

The Geopolitics still are being governed by the MIGRANTS – with record arrivals… The Wars in the front part of Planet Ocean belt – that is from Gibraltar to Afghanistan and from the Caucuses  down to the Horn of Africa… CAUTION in the entire Middle East region…

Turkey, Greece, Cyprus and the Balkans in turmoil, the EU too.

BREXIT warnings on all sides sound very interesting but lets see who really gains!

The US president escalates the Trade War; I guess he knows something others don’t!

China watches in the side lines trying to counter to the Americans but… Japan is watching in the background…

Africa’s messy situation and ultra-bankrupt Latin – South America “encourage”  new economic disasters.

Reverting tomorrow with a full run-down of events and beyond.

The panellists with the  CEO of Eurobank Private Bank Luxembourg; l to r: Chris Walters, D. Dimosthenis Arhodidis, Fiona Fletcher Smith, Dr. Savvas Savouri and Dr. Konstantinos Tsiveriotis

On another tone and note what a double splash that was earlier on this evening at London’s Somerset House by Eurobank Private Bank Luxembourg!  “The Future of London: Challenges and Opportunities Ahead” with the BREXIT being the name of the game… A very thought leadership event on the occasion of Eurobank Private Bank Luxembourg’s sponsoring of the Greek Pavilion, featuring Studio INI’s installation “Disobedience” by Nassia Inglessis at the London Design Biennale  2018! A very powerful also presence of the London Shipping Fraternity! Will revert with a full write up!

Nassia Inglessis

Have a nice evening and continue to be on guard for any eventuality emanating from Pirates, Terrorists and Criminals of any kind  whatsoever wherever you are on Planet Ocean!

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