John Faraclas
The BDI (Baltic Dry Index) was up 12 points thanks to the Panamaxes for a …change; the geopolitical bubble sooner or latter will burst. John Faraclas midweek recap:
The Capers dropped below the 1,000-point threshold and the BCI 2014 now stands at 994 given the minus 27 points…
The Panamaxes, branded by this side as the best and more stable size – be it standard or post-Panamaxes gained 46 points bringing the BPI to 1,041 points …reversing the tide…
Eight points plus for the Supras brings the BSI to 833 and,
Seven point plus for the BHSI now standing at 451 points…
Not the same situation with the Wets; the last published BDTI (Dirties) and BCTI (Cleans) lost 12 and five points respectively – 835 and 601. Ultra caution… One can read Dr. Nikos P. Tsakos presentation and get the message…
Boxships, as recently told you, need not just consolidation and scrapping, but control before not only say two, but four more Hanjins might happen…
LNG’s are in a bit of trouble…
The price of WTI stood below the US$ 54 at US$ 53,87 few minutes ago… we have expressed our concern for any cent above the US$ 50 mark…
The Geopolitical front, remains pretty much the same with the MIGRANTS still on top by far from all issues put together…
Wonder who’s gone to announce the Syrian, Iraqi saga post wars deal… Syrian forces take back Palmyra…
In Turkey the situation remains the same; more leave the country and seek asylum even to Greece. Many Army officers and Diplomats follow suit… Turkey and its leader must come down to their senses before they come down to their knees…
The Kurdish issue resurfaced and expect news soon…
Greece continues to be in dire straits, internally and externally. Expect mess…
The cohesion of the European Union and conversely Europe, is at stake…
Putin’s Russia works its own agenda no matter what the other superpowers say.
There is a long way to go for the BREXIT, but it will and must happen despite a few hiccups in the Lords today…
The French presidential elections campaigns are very interesting to watch; there is a lot at stake in France – messy days for the conservatives there
At the other side of the Atlantic, president Trump’s speech at the Congress is in my view monumental. Let’s see how we performs with the renewal of the American spirit.- being on the spot with Anny Zade, we’ve got the message that the American people believe that if president Trump does half of what he promises, life is gone to be great in and for America and its people. Can Trump deliver? Is protectionism the name forward? Time and actions will tell…
The ESW 2017 is in full swing; Brussels are on top, thanks to shipping, as always…
That’s all for tonight and beware the Ides of March… Ensure you are on guard all the time…
