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Home MarketsChartering The BDI@643: struggling…

The BDI@643: struggling…

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John Faraclas

The BDI (Baltic Dry Index) ended up four points earlier on today but also left too many questions… Geopolitics now prove and confirm our worries. John Faraclas’ brief recap:

The Capes’ BCI lost 14 points and now stands at 714 points; many thought that last Friday’s fall off of just two point could “trigger” a sort of “recovery”…

The Panamaxes’ BPI stuck with only four points plus – 628 and let’s hope no more hiccups…

A repeat of last Friday’s gained points for the Supras’ BSI; again 34 points plus and now reads 594!

The Handies’ BHSI clinched seven points; now reading 322 points.

Mixed feelings once again with the Wets; the last published BDTI (Dirties) and BCTI (Cleans) stood at 818 – plus 12 and 609 – minus four points respectively…

The WTI stood at US$ 55.59 which is .47 cents below last Friday’s final closing at US$ 56.06! Still dangerous pricing.

The Geopolitics as per “our” plan and prediction:

The MIGRANTS dominate now the main news from both sides of the Atlantic… president Trump will proceed with section by section in erecting  the Wall between the USA and Mexico whilst in Europe the Brussels guys and dolls are in disarray and the social cohesion is about to create havoc…

Our reference to the faulty line from Gib to Afghanistan and from the Caucuses to the Horn of Africa with all the dangers being “elevated” continues to be in force and we are warning you of despicable events yet to come…

Europe is  b a n k r u p t ! All await to see the Italian saga how it evolves; very difficult days ahead…

Add the as ever enigmatically perplexed BREXIT and see what you get. On top of all this with BREXIT about to create further mess the Labour party as about to completely split. Seven MP’s fled to cuckoos’ nest…

The Balkans are beginning to tremble… Turkey obviously stirs up every single Balkan state with the projection to destabilise the entire region…

Greece might have a triple election and too many other problems… Time please,  ALL CHANGE!!

Wonder what Mrs. Merkel thinks on all these issues…

In several French cities the yellow vests still create mess.. CAUTION!

Big issues open up in Venezuela; Maduro and Guaido will fight like the old good days with special swords… President Trump is determined; never forget this…

China slows down… Meantime the “animosity” over the Trade War is evident! Let’s see how the Taiwan issue revolves…

In Africa the mess continuous; in Nigeria thing might lead to a big clash!

Putin plays it cool… Expect developments…

A warning to all and in particular to the IMO and UN for the continuous flow of cargoes and ships via the dire straits…

That’s all for tonight; have a nice evening and continue to be not just on guard but extra vigilant from actions emanating from Pirates, Terrorists, Criminals and any Business hooligan whatsoever wherever you are on Planet Ocean!

 

 

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