The BDI@598: as “odd” as it gets…

Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Insight, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce — By on February 12, 2019 at 11:58 PM

John Faraclas

Finally a day, after quite a while we see the BDI on the plus, even three points make a big difference. In Geopolitics we see that aggression is there to stay. John Faraclas’ brief daily recap:

The Cape’s BCI approached dangerous level after losing another 25 points and now stands at 711… All other Dry Indices on the plus!

The Panamaxes’ BPI was up 14 points and now read 600!

The Supras had the best “performance” with 25 plus points; the BSI now standing at 454…

Four points plus for the ailing Handies’ BHSI now at 296!

The Wets were both down; minimal but down… The last published BDTI  (Dirties) and BCTI (Cleans) stood at 791  and 618 – down four and si points respectively…

The WTI was up a bit and now (23:00GMT)  stands at US$ 53.10.

The Geopolitics are going to give us all hard times.  

Where a we heading with the global pandemic with the MIGANTS? That’ issue number ON! CAUTION!

It’s not just the faulty zone  from Gib to Afghanistan and from the Caucuses to the Horn of Africa with its two epicentres (The Balkans and the wider Middle East) that is in doubt… The European Union, Europe at large is in chaos with imminent developments…

Turkey playing games with all for all and against all; how about this, eh!

Greece which might produce tsunamis worse than that of Messina in 1908…

The East Med with Cyprus’ oil and gas… What’s going on down thee?

BREXIT: too many twists and turns… Ariadne knows best – you dead well know what I mean…

Ove to the other side of the Atlantic… The USA and China might do a mini deal but the general projection in my humble view is that the Trade War will escalate…

Venezuela: what a disgraced attitude Nicolas Maduro holds… Let the humanitarian aid reach all those in need…

Brazil, another focal point after the Vale Dam disaster… Too many problems for Bolsonaro… Courage señor…

In the Pacific the Taiwan saga builds up with homeland China… Caution in Cameroon were a hospital was torched amid rebellion..

India must make or beak with the elections… Await the aftermath…

In  the meantime Putin’s Russia continues its own agenda…

More news tomorrow but try and make a risk assessment of what is coming up which will affect shipping at large… we are giving you yet another tip…

John Kittmer and Prof. Scott at question time

On another tone and note we attended an excellent talk by Prof. Michael Scott from the University of Warwick on Ancient Invisible Cities. A full house at the Friends of London’s Hellenic Centre we listen to unknown issues vis-à-vis discoveries, technology, bureaucracy and mainly to put forward the Ancient Geek Civilatisation in the way the Roman one stands today… One of the best eve events organised by the Anglo-Hellenic League. John Kittmer introduced the event and directed the interesting Q&A time…  The very eloquent Margaret Mountford thanked the speaker and invited the guests for drinks and dips reception at the bar with all engaged in exchanging views on the speech.

Have a nice evening and remain on guard from actions emanating from Pirates, Terrorists, Criminals and Business Hooligans whatsoever wherever you are on Planet Ocean.

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Uploaded 23:20 GMT

Updated  23:58 GMT

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