The BDI down @1922: the heat is on for Geopolitics too

Insight, Markets, News, Shipping Indices — By on July 29, 2019 at 11:55 PM

John Faraclas

The BDI down @1922: the heat is on for Geopolitics too

The BDI (Baltic Dry Index) lost 15 points earlier on today and now stands at 1922 points as the Panamaxes fell sharply. Geopolitics in total mess all over Planet Ocean and BREXIT will cause upheavals. John Faraclas’ brief daily recap:

The Capes’ BCI was up 13 points to 3,660 points… The Panamaxes’ BPI-74 lsot 59 points and now reads 2,050 – very close to lose the 2,000 points threshold…

The Supras’ BSI  lost the 1,000 points threshold and now read 996 – minus nine points

Finally the Handies’ BHSI  was up just one point to  516.

The Wets continued to fall; the last published BDTI (Dirties) and BCTI (Cleans) stto da  632 – minus two and 461 – minus five points respectively..

The WTI as these line are written stands at US$ 56.87… up 67 cents sine yesterday…

The pound at its lowest point in 28 months versus the USDollar an the Euro… The possible non-deal BREXIT creates mess and for the British tourists abroad a summer of discontent…  CAUTION!

The Geopolitical issues continue not only to be perplexed but as mention in the preamble: the heat is on all issues we cover:

The MIGRANTS maintain the lead; let’s see when this issue will at least slow down. At the other side of the Atlantic the Wall will be built! Time to impose a Naval Blockade in the entire Med AND Black Sea, with a Mandate and Rules of Engagement! End of the story!

The faulty line from Gib to Afghanistan and from the Caucuses to the Horn of Africa continue to produce more uncertainty and mess. Add the UK – Iran state of affairs vis-à-vis the arrests of ships from both sides and see what you get. Can Boris Johnson defuse the situation? What will be the American response? Do we need another operation Atlanta…?

Turkey continue to pester and violate almost all of its neighbours and soon this pariah state will make things despicable in the entire area – Balkans to Mesopotamia  and from its Black Sea  eastern coast down to Port Said. We reiterate the view that contrary to the strategic business interests of the USA and  of some countries in the European Union the time has come to completely halt Turkey’s – see Erdogan’s ambitions. Enough is Enough!

Greece and Cyprus are subjected to Turkish bulling and the European Union  leaders one day will regret their stance and behaviour; they should feel ashamed!

Did I hear you say BREXIT? The Heat is on here too. Boris Johnson, the United Kingdom’s PM plans for billions in his fight for BREXIT! He sails into a no deal storm and above all, according to the CBI – Confederation of British Industry,  the  warning for the government is that neither the United Kingdom nor the European Union are ready for a no-deal Brexit on 31 October 2019.

At the other side of the Atlantic now, in the USA: A hack identified back on the 19th of July following an “attack” on financial services company Capital One had affected  over 100 million people in the USA and about six million in Canada… And then they will are going to be chipped;  you dead well know what I mean.

That’s all folks; 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 20:55 BST

Updated   23:55 BST

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