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The BDI@1,381: plain sailing before the tempest arrives…

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John Faraclas

The BDI@1,381: plain sailing before the tempest arrives…

The BDI  (Baltic dry Index)  gained 27 points as the month begins and now reads 1,381; Geopolitics as have stressed are in the worse state of affairs with contradictory news and reports flying around. John Faraclas’ brief recap:

The Cape’s BCI gained 69 points and now stands at 2557 – a good and timely over and above the 2,500 threshold…

The Panamaxes’ was up 31 points at 1,317 surpassing the 1,300 threshold…

Five points plus for the Supras’ BSI now at 792 and lets hope the 800 points will be soon conquered!

Minus one point for the Handies’ BHSI now at  441!

The Wets slightly on the up; the last published BDTI (Dirties) and BCTI (Cleans) stood at 680 and 539 plus three points for both!

The WTI as these lines are being written stands at US$ 58.94…

The Geopolitics after the Osaka fiasco will surprise us all! Be ready to tackle the asymmetrical unexpected new era… You have been warned!

Whatever happened to the G20… could be the best title for a new book on Geopolitics… Nothing really happened to excite our appetite…

The MIGRANTS were …“discussed” more than anything else… what a shame the most crucial thing NOT to have the appropriate position in the G20 agenda…

President Trump did his best to surprise afterwards all by a swift visit in North Korea breaking the impulse!!  Time will tell… The body talk on all pictures as well as the video we’ve seen tells it all…

On the Commercial Front despite the “positive” rhetoric for an “amicable” trade pattern with China and others, we have to wait and see… Trump now eyes Europe… on tariffs…

The EU and Mercosur finally strike a deal as we have mentioned last week; well done…

On the Iran front things are still dodgy; I won’t be surprised to see the Tempest…

On the Environment it fell once again to Frances’ president Emmanuel Macron to do the … trick… Well done M. Macron! Turkey and Brazil finally succumbed …

Wonder what blah blah Turkish president Erdogan used to ease the tension with the USA on the S-400, the F-35’s and other issues… But who can trust this man? If leaders look deep down to reality and abandon dirty strategic commercial interests Planet Ocean will be far better…

Ivanka Trump on the spotlight and let’s see the up and coming daughter of president Trump how far can she go. Watch this space…

Regret but wonder what’s next after this G20 summit…

In the EU still fighting to elect the top brass for the three top jobs… Un-united European leaders will have to try and avoid the mess…

The Conservative party in the United Kingdom begins to move forward and elect its new leader and conversely PM… BREXIT? Ah! A modern Shakespearean Tempest is coming…

Greece in a limbo; in less than seven days a new regime will take over in Athens; caution…

That’s all for now!

On another tone and note: Happy Canada Day – the 152nd Anniversary (1867 – 2019).

Congratulations to all involved in the 2019 Spetses, Greece Classic Regatta !!!

Have a nice evening and remain on guard from actions emanating by Pirates, Terrorists, Criminals and Business Hooligans whatsoever wherever you are on Planet Ocean!

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