Capes’ Market mirage amid growing Geopolitical mess

BIMCO, Chartering, Dry Bulkcarriers, International Chamber of Shipping, Markets, Military, News, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping — By on May 1, 2019 at 11:55 PM

John Faraclas

Capes’ Market mirage amid growing Geopolitical mess

The BDI (Baltic Dry Index) was up 20 points at 1,031 “thanks” to the unprecedented Capes’ surge. The Geopolitical situation contains to many dangerous issue which will soon prove detrimental for all; John Faraclas’ May Day Mayday recap:

The Capes’ BCI gained 113 points rising too fast and raising too many questions. At 1,389 today brings both optimism as well as wonder… Time will tell…

The Panamaxes’ BPI lost another point and now stands at 1,187… what’s up there..?

The Supras’ BSI fall was a better one since yesterday; it lost five points and now reads 763…

The Handies’ BHSI clinched surprise surprise two points and now stands at 386… Still too low…

The gap between now and the end of December 2013 remains at 1,216 points (2,247 – 1,031)… There is still a long way to go!!!

The Wets both on a falling mode; the last published BDTI (Dirties) and BCTI (Cleans) stood at 634 – minus four and 567 – minus 14 points respectively…

The WTI as these lines are being written stands at US$ 63.60 slightly down since yesterday but still too high…

In the Geopolitical front the MIGRANTS’ issue will get even worse with the mess in Venezuela!

The faulty line from Gib to Afghanistan and from the Caucuses to the Horn of Africa with three now spots – Balkans, North Africa with Libya about become yet another mess and spread all over North Africa, and East Med continues to produce more troubles… CAUTION…

Greece lives in a limbo and in a pre-general election atmosphere given the European and Municipal elections… Despite ratings and propaganda things are not as such… CAUTION from all political functions’ dilemmas and propaganda…

Next door Turkey will now begin to count the traumas following its president’s actions in all fronts… watch this space…

In the United Kingdom it looks as if the two main parties might come to an agreement on BREXIT’s merits but still there is a long way to go… meantime there is compelling evidence that the Defence Secretary Gavin Williamson was responsible for unauthorized disclosures on the Huawei allowance in having …limited access to build UK’s new 5G network… there is always a leakage but this time this is sensitive for the security of the UK…

In France there were clashes with the Police with 380 demonstrators arrested during the May Day parade… there were parades and demos all over Planet Ocean with Venezuela’s opposition leader urging people to resist, but it was the Morris dancers stealing the show during sunrise in Yorkshire UK! Ugly faces in Turkey as police become brutal particularly with women demonstrators…

The US Fed kept the interest rates on hold despite president Trump’s request to lower same… meantime US oil sanctions against Iran begins to bite but Iranians are defiant and Chinese as well as others one way o another will continue to import Iranian oil until the shit hits the fan; remember this when things go off hand and we have disasters in the Straits of Hormuz et al…

Caution for Sudan as we might see an uprising there… external forces and interests might clash there soon… In Mozambique things are terrible following the aftermath of Cyclone Kenneth’s “visit” there…

in India people brace and move away as Cyclone Fani will devastate the North-Eastern part of this country… Currently the cyclone is at the Bay of Bengal…

Now tell us, what do you think of the contaminated Russian oil  entering the European market? Hope president Putin does what he has to do; we live in 2019.

l to r: Katy Ware, Sakura Kuma, Katharina Stanzel, Karin Orsel, Despina Panayiotou-Theodosiou and Fran Collins.

Very interesting debate at the IMO with WISTA International in full force! A Discussion Panel on “Empowering Women in the Maritime Community” with panellists Sakura Kuma, Executive Director, Port of Yokohama, Fran Collins, CEO Red Funnel Group, Katy Ware, Director Maritime Safety and Standards, UK, MCA, Despina Panayiotou-Theodosiou, CEO Tototheo Maritime and President WISTA International and Katharina Stanzel, Managing Director of INTERTANKO.  Guy Platten, Secretary General ICS, moderated the panel! This year the IMO’s theme  for World Maritime Day is devoted to women, hence the title: “Empowering women in the Maritime Community”! We encourage women to become members of their country’s WISTA!

In Japan Emperor Naruhito pledges unity during his speech at the Imperial Palace having next to him Empress Masako. He took over after his father, Emperor Akihito abdicated due to ill health; he was the first Emperor to stand down aft 200 years!

Kira Phoenix K’inan Travel Drawing, 3

On another tone and note we have two exceptional arts events:

One in London’s Hellenic Centre were at the Friends Room, Kira Phoenix K’inan presents INTERTWIST, her solo show with exceptional Glass creations, moving / travelling drawings et al.

An event not to be missed!

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The second one in Barcelona’s Gallery Valid Foto next week we have the opening on the 8th of May of Margarita Mavromichalis’ solo exhibit where she will be showing for the first time “A British Social”, a body of work in progress that she had a blast creating…

 

More news before midnight; until then 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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