Panamaxes “lift the BDI but… Geopolitics could turn Planet Ocean upside down

Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers — By on January 15, 2020 at 7:30 PM

John Faraclas

Panamaxes “lift” the  BDI but… Geopolitics could turn Planet Ocean upside down

The BDI (Baltic Dry Index) gained five vital points since yesterday but don’t count your eggs before they are hatched… In the Geopolitical front indeed we are at the cross roads were humanity meets death. John Faraclas’ brief daily recap@

The Capes’ BCI lost nearly 100 points and now stands at 878 losing the 900 point threshold… Caution…

The Panamaxes 58 plus points since yesterday brings a “ray” of hope… as going over and above the 800 points threshold is something and not …nothing…

Minor changes for the Supras and the Handies now at 559 and 388 – down four and seven points respectively.

Losses for the Wets; the last published BDTI and BCTI stood at 1,340 and 752 – minus 56 and 27 points respectively.

The WTI fell further– thank the 12 Gods to US$ 57.81

The Geopolitics are still under the mess of MIGRANTS and many more other issues which will trigger wars, death and many despicable changes..

Nicholas Brown cutting the Vasilopita

The Lloyd’s Register sovereign at the traditional Greek Vasilopita event went to INTERCARGO’s Dr. Kostas Gkonis.

Over 150 guests gathered at the first floor of Lloyd’s Register’s General Committee Room  at 71 Fenchurch Street – which was designed by Thomas Collcut with its magnificent seiling were each year this special event takes place.

A brief and to the point speech by Nicholas  Brown, Lloyd’s Register’s  Marine and Offshore Director who also did the rituals. Over twenty or so members from Lloyd’s Register HQ’s and Greek office headed by Theodosis Stamatellos were present.

Dr. Costas Gkonis

Members from the entire Greek Shipping community in the United Kingdom headed by the HESGB president Dimitris Monioudis and many of its members were present, as well as members of the Greek Shipping Co-opeation Committee headed by Radm (HCG) Costas Amarantidis, Maritime Lawyers, Academics, and many more

Will revert after landing; until then remain on guard for actions  emanating from Pirates, Terrorists, Criminals and Business Hooligans whatsoever wherever you are on Planet Ocean.


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