Controlled fall with the BDI@1,271

Chartering, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Stock Markets — By on December 24, 2018 at 6:11 PM

John Faraclas

The BDI (Baltic Dry Index) lost eight points earlier on today; Geopolitics chaotic but humanity finds the strength to celebrate Christmas amid natural disasters, Wars and inhumane behaviour by 99,9 centum of Planet Ocean’s politicians and their cronies.  John Faraclas’ Christmas Eve recap:

The Capes’ BCI lost eight points and now stands at 1,905 points…

The Panamaxes’ BPI was down 16 points at 1,421…

Minor losses but losses for both the Supras and Handies. The BSI  was down two points at 975 and the BHSI down one at 596…

All in all the BDI is down 976 points since the end of December 2013 (2,247); five years to remember and also seven years plus from our latest long term accurate prediction. Needless to say my prediction in 2008 not only with respect the fall of the Shipping Markets but also for the wold Economy!

The Wets also lost some ground; the last published BDTI (Dirties) and BCTI (Cleans) stood at 1,256 – minus two and 823 – minus ten respectively.

The WTI down to US$ 42.53 and from one point is great for the billions of poor masses but very bad for the producing nations and companies but it might jump a bit up. Caution though is advised.

The Geopolitical chaos continues all over Planet Ocean with natural disasters too – Indonesia being the main one with the Krakatoa eruption and tsunami as well as Mount Etna’s eruption which might cause further mess in Sicily and in its close proximity.

Expect escalation of Wars – old and new ones in many regions; caution in the Balkans and the entire East Med/ Black Sea particularly in the entire Middle East – you dead well know our worries for the faulty line from Gibraltar to Afghanistan and from the Caucuses to the Horn of Africa…

Never forget the MIGRANTS, still the top story on all continents… 

All other main issues continue to make waves – Syria and Iraq, Afghanistan, Turkey, Greece, Cyprus, Israel and Palestine… the Black Sea…

At the other side of the Atlantic president Trump has a lot of issues to solve…

Above all, the despicable economic situation with our Planet Ocean  c o m p l e t e l y  bankrupt might create havoc to all… Chaos will rule everything and let’s see who can thrive in chaos!

Have a nice Christmas, Boxing Day too and we will recap before the New Year.

Stay tuned with us and be alerted from actions emanating from Pirates, Terrorists, Criminals and Business Hooligans wherever you are on Planet Ocean…

Tags: ,

Leave a Reply

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 10 + 7 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback