Surprise surprise the BDI is on the up…

Bribery and Corruption, Chartering, Comment, Corruption, Environment, Immigration, Insight, Markets, Military, News, Reports, Sanctions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce — By on August 8, 2019 at 9:52 PM

John Faraclas

Surprise surprise the BDI is on the up

The BDI (Baltic Dry Index) ended up eight point higher since yesterday and now stands at 1,720 points. Geopolitics as usual enigmatically perplexed might produce explosive situations from which Humanity will be greatly affected and conversely Shipping; John Faraclas’ brief daily recap:

The Capes BCI following a monumental fall with even, at times, a three-digit daily losses, clinched ten valuable points and now stands at 3,180… Let’s hope but wishful thinking doesn’t has a leg to stand in these turbulent and uncertain and above all unsustainable markets under the pretext and the “proviso” of a total recession all over Planet Ocean. This applies for the entire Dry Market not to mention the Wets…

The Panamaxes’ BPI which since Tuesday begun a steady rise gained 48 points and now reads 1,839 points – over and above the 1,800 point threshold!

Four point plus for the Supras’ BSI now at 959…

Minimal gains but …gains for the Handies BHSI now at 521 – plus one point!

Mixed feelings with the Wets; the last published  BDTI (Dirties) and BCTI (Cleans) stood at 628 – plus nine and 492 – minus two points respectively…

All in all mind the geopolitical conflicts that loom in the background; Planet Ocean is not the same anymore vis-à-vis Peace… Recession will bring more mess as well as Religion, Energy and over-regulation! Take cover…

The WTI as these lines are being written stands at US$ 52.55 – it went down to even US$ 51.95 at 12:15 BST today…

The Geopolitical situation as per the expressions used in the preamble above remains unchanged and any time we can see a total mess – basically hostilities leading to a general conflagration. CAUTION as the politician who govern us and we have voted for are on purpose totally incompetent as they care for they only care about THEIR strategic business interests; full stop and period.-

The MIGRANTS, in reality a very simple issue is used by some countries as a weapon to gain things they want but do not deserve. For a start here in Europe the inhumane “competent” officials, be it politicians, diplomats or whatever they “can’t” perform and impose the solution they know for the MIGRANTS as if somebody holds them “hostages” and “stops” their actions.  It’s not Prometheus in bounds… No we can expect Zeus ex machina to give the solution and justice!!! SHAME. The MIGRANTS issue will become the worse boomerang for all… You have been warned… Anybody with a different view we would be more than pleased to entertain them live on an A1 TV… The entire Med has become the wet graveyard for thousands of Migrants and unfortunately for many young children… One has to introduce Capital Punishment to the traffickers on a here and now basis. Again we repeat our daily demand for a Naval Blockade with a Mandate and Rules of Engagement of the entire Med and Black Sea…

The faulty line from Gib to Afghanistan and from the Caucuses to the Horn of Africa become worse with the war of words and actions between India and Pakistan… Are we heading for War no. 4?

Add the heavy climate in the Straits of Hormuz and see what you get.

Add the Turkish blackmail in all fronts and see what we mean all these years with our position vis-à-vis a modern pariah state… Turkey is playing with fire as well as its backs – known and hidden… History always repeat itself! Never forget this… Shall we go further with the instability and possibly the snap elections to take place in Italy? The Balkans?

The entire East Med is in a mess following the intrusions of Turkey in Cyprus’ EEZ and beyond… The Turkish Defence minister must pray to the prophet for the stance he takes in the East Med affairs… Bullying Cyprus could backfire…

Turkey is a bankrupt country and in desperation can turn to a war around its frontiers – we dead well know these dirty tactics… coupled unfortunately in this instance with religious pathos and extremism…

Turkey continues to violate Greece’s and Europe’s airspace and territorial waters every day… wonder the morons of Brussels how they will one day escape from yet another Nuremberg for letting this happen! Remember this.

Next door Greece is trying, following the latest elections, to stand up and develop a better future for the Greeks, but this  entails a 24/7 approach as SYRIZA left behind a very big mess and continues to undermine everything it can now as leades of the opposition… CAUTION. Pleased to hear Kyriakos Mitsotakis, Greece’s PM changing the University Asylum Law; well done! Also recently his government investigated the pensions as one was above the Euros 25,000… By the way we need to see the Seafarers and their widows have back the money cut from their pensions by SYRIZA and other regimes post 2008!!! It is a must!!! Same applies for all other workers’ categories, but the Seafarers come first as the need to work 18 (eighteen) months to have one year’s pension at best. Shame to the SYRIZA and other parties ministers who did this crime!

BREXIT will make it worse for all with any outcome as none of the parties for any option they opt for are NOT READY… Expect mess in both sides of the Channel… Already the British economy is in contruction!!!

Meantime time to deal with the crime issue as too many incidents take place, even against the police! Law and Order please! We are pleased as mentioned recently to hear that Boris Jonson, the UK’s PM will introduce 15,000 more policemen/ policewomen in the streets! CAUTION!

At the other side of the Atlantic president Trump and his advisors are trying to ease down the entire nation thee following the double massacre in El Paso and Dayton…

Once again we repeat our position for a New Gun Law as at present if things remain as they stand we will mourn more and more innocent victims. There is no excuse!

Too much crime in neighbouring Mexico for a multiple of reasons: drugs being the number one issue. Over 30,000 murder investigations were recorded by the Mexican Police!!!

The Trade War between the USA and China continues… Let’s see who fells / collapses first.

CAUTION on Hong Kong as things might become unimaginable there that even in your wildest dreams you nevcr  ever imagined…

More news tomorrow with our weekly recap; until then have a nice evening and hope you made it at Abbey Road to pay tribute to the Beatles for the 50th Anniversary in crossing the zebra cross thee!!

It was also 66 years plus when the German debt in 1953 was written off… Time for the Germans to be honest and repay back their debt to Greece, Poland and other nations too. Fairs fair!  

Remain on guard from Pirates, Terrorists, Criminals and Business Hooligans whatsoever wherever you are on Planet Ocean…


Uploaded :  21:52 BST

Updated:    23:55 BST

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