The BDI@767: a pre-Easter Market “upturn”?

Chartering, Comment, Dry Bulkcarriers, Markets, News, Sanctions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce — By on April 17, 2019 at 11:59 PM

John Faraclas

The BDI@767: a pre-Easter Market “upturn”?

The BDI (Baltic Dry Index) gained a good 18 points earlier on today and slowly slowly begins to climb up from the very lows of the last two months… The Wets too are trying… Geopolitics look blur but nobody gives the pope attention until the boat sinks; John Faraclas’ brief recap:

The Capes’ BCI got a single digit plus – four points and now stand at 463 points… Long way to go until the loading situ after the Brazilian disaster is rectified…

The Panamaxes’ BPI gained 28 points and now reads 1,147; not bad..

The Supras clinched eight points with the BSI now at 726.

Further losses for the Handies’ BHSI now at 394 – minus three points; CAUTION.

All in all still a weak Dry Market but so long as you see gains, even minimal, keep your mouth shut!

Mixed feelings for the Wets with minimal ups and downs; the last published BDTI (Dirties) and BCTI (Cleans) stood at 643 – plus four and 574 – minus three points respectively…

The WTI fell a bit  .29 cents and now reads US$ 63.76. Let’s hope for a major drop to ease the 7.6 billion out of 7.7 billion people on Planet Ocean who suffer in a multiple of ways due to these phenomena of unprecedented rise of the WTI – and of course that of BRENT… It might backfire in a bankrupt Global Economy!

The Geopolitics continue – silently to go from worse to worse:

The MIGRANTS still call the shots world-wide; what a mess. Temporary measures and policies so long as the Global uncertainty and poverty continue in tandem, will not work. Things go from worse to worse.

We repeat that caution should be exercised in the faulty line from Gib to Afghanistan and from the caucuses to the Horn of Africa – with the three now focal points: North Africa – Algiers and Libya, The Balkans and the entire PERIPHERY of the East Med / Middle East!

All countries have issues there: Turkey, Syria, Iran and Iraq. Lebanon, Israel, Cyprus and Greece. The Arabian Peninsula too…

Add Putin’s Russia agenda which he works on every day in his best interests as well as that of Russia and see what you get!

Ukraine? Another hot spot… Kosovo and Albania, even Serbia… Caution…

Wonder what the MEPs and those to be elected in the forthcoming European elections have in mind. Can they drive the EU towards protecting its citizens? and what about the first major evidence of Nationalism and Populism in the Mighty Continent, eh!!!

BREXIT! Ah! More drama is coming in…

Who’s NOT afraid of Nigel Farage..? Can Mrs. May convince Labour and Parliament for an orderly BREXIT?  Does Mr. Corbyn knows what Labour stands for? And what a demo yet again on Climate Change in London costing the West End £ 12 (twelve) million!! Will the protesters disrupt Easter getaway?  We had the Yellow Vests – Gilets Jaunes in France and in particular in Paris…Nobody wants to see disruption in the UK and London in particular, nor during Easter nor any other day! It costs to all at a very difficult time when every counties and market’s rises!!

Never forget we are in red US$ 250 (two hundred and fifty) trillion!!!  That’s the World’s Debt which the politicians and their cronies imposed upon us!! Shame!! And the environment too!! Regulating the environment is one thing, proper and pragmatic regulation yet another to implement same for the benefit of all 7.7 billion humans on Planet Ocean!!!

Mark Carney the Governor of BoE and his French counterpart together with 34 heads of central banks are serious in their effort to ensure to focus on financial regulation in order to avoid an environmental as well as an economic collapse, particularly at this very moment with incalculable repercussions …to all intents and purposes

The Notre-Dame’s fund in Paris is now well over Euros 1 billion!!!

Accusations for Julian Assange’s behaviour during his …“tenure” in the Ecuadorian Embassy in London; a despot…?

The Chinese believe that the UK will make advancements because of China’s New Silk Road… Will eagerly await to see this…

At the other of the Atlantic and in particular in Washington USA, all eyes and ears are waiting for the Mueller report… We shall see. President Trump must concentrate and short out the North Korean mess…

The USA – China Trade jargon must end once way or another. It will influence and upset / destroy the economies of many nations…

More news tomorrow, until then have a nice evening and remain on guard from actions emanating by 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 3 + 8 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback