Capes’ volatility might shake the Markets…

Banking, Chartering, Dry Bulkcarriers, Energy, Environment, Finance, Insight, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers — By on October 2, 2018 at 9:20 PM

John Faraclas

The BDI (Baltic Dry Index) gained another 15 points earlier on today and now stands at 1,570; the Geopolitics are turning sour! Ultra-CAUTION should be observed. John Faraclas’ daily briefing:

The Capes increased its fortunes by another 87 points and now the BCI reads 2,148 points…

On the antipode the Panamaxes BPI fell 14 points and now stands at 1,678 points, increasing its fall from the previous days…

The Supras’ BSI lost four points and now at 1,189 maintains a safe margin so to speak…

The Handies’ BHSI was up one point at 631; you don’t have to be big to be beautiful!

The Wets more or less on the same level as yesterday with the BDTI (Dirties) at 793 – plus two… and the BCTI (Cleans)  at 549 points, minus one…

The WTI maintained its US$ 75 plus level and might go higher… Dangerous levels and if, as many believe, same goes above the US$ 100, then things will get more than sour…. Remember that in Spring 2008 it clocked US$ 147… No further comments…

Environmental issues will batter the entire shipping industry for the next decade and it looks that under duress and a non-realistic existing time-frame we might see a very messy situation. The IMO should re-run the entire issue; a rehearsal is needed…

The Geopolitics, not only gets sour every singly hour, but coupled with the worse ever economic climate engulfing all on Planet Ocean will produce detrimental effects with incalculable repercussions for all; just wait and see…

The MIGRANTS at the very top will produce more upsets worldwide – Europe is in danger with the way its moron politicians, diplomats and NGO’s  handle this issue – one has to use a bit of an off language within the acceptable levels to ensure the above three categories get the message… Wake up and tackle the MIGRANTS issue with a more humane attitude as the social cohesion is been broke…

The Wars in Syria and Iraq as well as the messy Middle East and its periphery issues will expand and coupled with a possible messy upturn in the Balkans it will create an inferno. CAUTION!!!

Turkey continues to stir-up all of its neighbours and given its bankruptcy might create further mess… Ultra-caution here should be observed and only US president Trump can tame the Turks…

Greece too in a limbo with populist voices flying around. Expect difficult days ahead… for both the financial and external issues… Greece needs a leader Greeks, and others of course must make the distinction between what we say the distinction between a manager and a leader; you dead well know what I mean…

The aftermath of the fYroM Referendum is already creating shocking waves… Be on guard… Too many “stakeholders” around….

Cyprus too has issues and we feel there will be more to surface on many fronts…

Italy: the ticking time-bomb with whatever this entails.. Watch-out for unbelievable events to take place…

BREXIT BREXIT BREXIT: that’s the most important issue after the MIGRANTS one! Too many things ae at stake for both the EU and the UK AND the World at large… meantime challenging Mrs. May is as if shooting your feet…

At the other side of the Atlantic, president Trump has quite a lot of things to do. The Global issues; the global trade issue – tariffs et al…The Canadian success so to speak is to his credit… Meantime we all await the end result from the Brett M. Kavanaugh affair… Have patience..

Terrible scenes in Sulawesi island at Palu in Indonesia following the wrath of the earthquake, the tsunami and there will be more to come if you take on account geology there…

More news before midnight; until then remain on guard from any actions emanating from Pirates, Terrorists and Criminals whatsoever wherever you are on Planet Ocean… Mind also the weather as well as geological phenomena…

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