The BDI@668; come hell or high water…

Art and auctions, Chartering, Comment, Exhibitions, Insight, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers — By on January 31, 2019 at 11:58 PM

John Faraclas

The BDI (Baltic Dry Index) lost another 53 points today as well as the 700 points threshold; the Wets suffered too in a red day for all. Geopolitics as always enigmatic and perplexed and we are sending a warning, a red alert as things might get off hand; an economic war is far worse than those fought on the platoon. Not a nice day to end the first month of the New Year. John Faraclas’ daily market brief:

The Capes’ BCI lost 179 points – another triple digit loss,  as well as the 1,200 point-threshold now standing at 1,116 points… that’s what I call triplex loss… A real heart attack which was well expected here in this medium… and appropriately documented! Eh!!!

The Panamaxes’ BPI  was down 38 points now reading 574 – it lost its 600 point-threshold….

The Supras in red too; the BSI lost 26 points and now stands at 472 points…

The Handies in trouble too losing 19 points with the BHSI standing at 328 points…

The BDI now stands 1,579 points below the end of December 2013 when it recorded 2,247 points; any objection…

The Wets fell too; the last published BDTI (Dirties)  and  BCTI (Cleans) stood at 859 and  659  minus 13 and eight points respectively – the Cleans were the only size with a single digit loss…

The WTI was slightly down to US$ 53.79 that’s 44 cents… every drop downwards counts for the benefit of the billion of masses around Planet Ocean.

The Geopolitical situation is more than serious but the media do not enfold the whole story, and that’s bad. Too much poverty and with the World  Debt  at US$ 250 trillion nothing much can be done expect to be able to sustain the coming hostilities leading to WWIII; any objections? Only a War will clear the business horizon and conversely Shipping… Indeed we are cynical but at least pragmatic and our title today means: whatever the obstacles one has to succeed!

Migrants all over create havoc to all governments north, east, south, west in every continent, but for how long? The politicians, the Diplomats and the cronies made it a total mess… for different  purposes…

The regional wars as well as civil ones doesn’t “offer” much for business and transport; wait the real big thing to happen… All indicators point to a major, basically, economic war…

The faulty line from Gib to Afghanistan and from the Caucuses to the Horn of Africa with two epicentres – the Balkans and East Med about to erupt… How ready we are in shipping to confront such a challenge…? Remind you we have dire straits there…

Europe is in tatters… come on it’s a common secret… Lack of leadership is the main issue…

BREXIT: whatever happens outside a non deal situ will shake everything. Again, how RWAD we are… what are we going to deliver to the public from both sides of the British Channel, even beyond the frontiers of the Mighty Continent…

Turkey, Greece, Cyprus, Israel and Egypt with too many issues… Somebody must tell to Erdogan Pasha that we all had enough… His patrons, particularly those under cover will bear the stigma for the catastrophe about to come…

In Greece expect the unexpected… within and its foreign policy…  The county has been once again manipulated…

The USA and Chinese leaders are trying to mend their difference but I the long run I have doubts; it’s a very uncomfortable situation and with China’s appetite in the Pacific, things can take a nasty turn… Taiwan and other region are China’s targets but the opposition is a multiple of nations there…

Venezuela is about to erupt and many tonnes of gold leave the country; today another 14 for PG…

Brazil watching closely all the developments there. Within Brazil the Vale saga causes tremors…

Africa continues in disarray…

More Geopolitics tomorrow with the double recap!

Mind the weather on both side of the Atlantic… heavy snow…

Kira Phoenix K’inan’s XenoCells

On another tone and note managed to attend the private view at St. John on Bethnal Green of the New Horizons’ – Artcan, Astronomy, Light were 14 artists presented their variable work so to speak.

Kira, our glass artist who makes adorable objects of desire from glass as well as being a protector of the marine environment, was showcasing three new works at this group exhibition. The XenoCell series is a reimagining of what an organic cell is, and how the act of recreating something that seems familiar shows just how alien it may actually appear. Enclosing these ‘glass cells’ in glass is equivalent to samples forever encased in a petri dish or a glass slide under a microscope. The Encased Metal series exposes the reactions that occurs when metals, in this case copper, are exposed to increased temperatures and molten soda glass. The exposure to such high temperatures changes the copper from its familiar state to a quality a little less familiar, but no less intriguing.

Anthony Grieveson with his interesting Neapolitan Arches in good dimensions too; Brian Parker with Christmas still brightening our minds; Caroline Banks and her Gravitational a and I – lovely ink on watercolour paper; Garfield of London and the NEREA sending an interesting message; Geraint Roberts’ three shots in a tranquil and inviting colours with her Canals of Light 1, 2 and 3; Geraldine Molias’ watercolour Emotional landscapes 1,2 and 3 with walnut ink giving another aesthesis;  Hannah Patt and her Atina trails no.2 & no.3 like a DNA…..

Ian Butcher’s “Sandstring”

Ian Butcher’s 3D  – Sandstring and  Parakeet Tree collages very unusual but sending his clear message of life..; Jenni Hodgson’s world: excellent! The Way the World Turns, Connections and Matter, all oil on canvas – a big bravo;  Lawrence Mathias’ excellent painting on three subjects very dear to our shipping industry mind and heart: Bishopsgate and Christ  Church Spitafields at the edge of the Square Mile as well as Paddington Station a very much familiar get away; Neil Wittmann’s Greek etymology in action with very powerful Greek titles was all to Greek to me indeed: Macroscope and A Mitosis of Universe were superb! Rosha Nutt’s bright dots interesting Fragments and finally Stefan Dowsing’s infinity double paintings a nice surprise. Well done.

Brian Parker’s “Christmas” (left) and “Floating in a Sea of Green” both Acrylic on paper

ArtCan’s pop up exhibition in partnership with Lumen London celebrating the connection between art and science. Lumen London is an arts collective specializing in exhibitions and events centred around astronomy, physics, broader aspects of science and ecology.

“New Horizons” explores  the exciting  intersection between art and science and how these seemingly opposite subject matters can influence and create a positive collaboration with each other. Artists participating in this show are exhibiting work inspired by contemporary  scientific research including astronomy, light, speculative ecology and nature!

ArtCan enables artists find their voice and sustain their practice.  www.artcan.org.uk

Have a nice evening and remain on guard from action emanating from Pirates, Terrorists, Criminals and Business Hooligans whatsoever 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 4 + 4 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback