Home MarketsChartering Capes euphoria lifts the BDI@2,518; Geopolitics totally perplexed and BREXIT turning sour

Capes euphoria lifts the BDI@2,518; Geopolitics totally perplexed and BREXIT turning sour

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John Faraclas

Capes euphoria lifts the BDI@2,518; Geopolitics totally perplexed and BREXIT turning sour

The Capes continued with a triple digit rise and now the BCI reads 5,043 points; what a performance! All other indices either dropping or on a minimal plus change. The Geopolitical situation points to an all-out war given that this might be the only way out to save Planet Ocean’s financially wrecked economy with a US$ 250 (twohundredandfifty) trillion debt and too many other issues! BREXIT will shake world Politics and reshape Democracy as same is now in danger given what takes place in the House of All Parliaments. John Faraclas’ daily brief:

The BDI was up 17 points and for the time being things seems safe.

The Capes 181 points brought the BCI over and above the 5,000 point threshold a 5,043! As said above: what a performance!

The Panamaxes still in an oxymoron mode; the BPI lost 11 points and now stands at 2,250. CAUTION!

Plus one point for the Supras’ BSI now at 1,351 points.

A good five points plus for the Handies’ BHSI now at 682.

The Wets with mixed feelings yet again; the last published BDTI (Dirties) and BCTI (Cleans) stood at 667 – plus 16 and 467 – minus three points respectively.

The WTI jumped US$ 2.32 and now reads US$ 56.26; what’s up doc?

As mentioned above all parameters and issues on Geopolitics point to an all-out war that will reshape for good Planet Ocean:  Be it the global debt of US$ 250 trillion, be it the America First and the Trade War president Trump supports particularly over China. Be it the BREXIT which turns out sour for all involved – and there is more to come. Today it was the first day of reckoning for PM Boris Johnson…he never ever dreamt same even in his wildest dreams. Major losses during the voting process in Parliament – and there is more to come with losses for the Tories; the MIGRANTS – the number one issue all over Planet Ocean with more incalculable repercussions to come. Moe and more arrive in the Greek Islands and the Greek mainland form the Anatolian coast of Turkey and let’s hope the latest meeting headed by the Prefect of the North/East Aegean islands prof. Kostas Moutzouris pays off. The situation is critical not only in the Aegean but also all over North Africa and now between France and the UK at the Straits of Dover. Once again we repeat the only way to properly and pragmatically tackle this epidemic: A Naval Blockade of the entire Med/Black Sea with a Mandate and Rules of Engagement. Same must apply at the Straits of Dover. In the meantime president Trump found US$ 3,6 billion for the Wall between the USA and Mexico- well done! Be it the religious issues and “holy” wars emanating from Islam; be it the environment with the 2020 ante portas particularly for shipping; be it the dominance of business hooligans, whatever you say we see things turning very bad all over and peoples global discontent will certainly rock the uneasy peace we live and witness…

Some more issues: Turkey’s provocative and blackmail actions threatening peace in the Balkans and in the entire East Med/ Middle East region targeting Greece and Cyprus, Iran’s fall out with the USA and UK, Putin’s Russian agenda for dominance, the Hong Kong enfolding issues… Ah! The Indian – Pakistan stand-off over Kashmir… Africa in total mess with too many proxy wars…

Stay put and be ready to reduce your damages from the inevitable; Planet Ocean is on fire. We live in interesting times and hope most of the issues above are addressed one way or another during the LISW2019 (London International Shipping Week 2019) from the 9th to the 13th September in London. An event not to be missed – see below special reference!

A full house at Falirika

On another tone and note we had the 4th day of the 5th “Falirika”–  the annual cultural event which takes place at Batis beach amphitheatre in Paleo Faliron at the waterfront of Athens Riviera from the 1st to the 14th of September. Tonight we had excellent live music by Panos Katsimichas, Vassilis Kazoulis and Dimitris Karras.

We were honoured to have Regina Faraclas part of the team supporting the Public-Social Grocery with the public bringing/donating food as well as goods and items for emergency in support of the poor; well done!

Regina Faraclas fourth from the left with the charity team

This is the first Falirika under the newly elected mayor of Paleo Faliro Yiannis Fostiropoulos and we wish him best. Present was also the previous mayor Radm Dionyssis Hatzidakis – now an MP with the ruling party Nea Demokratia, who firstly oganised these annual events.

Get ready for the London International Shipping Week 2019 LISW2019. This biennial event from the 9th until the 13th of September in the administrative capital of Shipping, comes at no better time given what takes place in the entire Shipping sector.  Log on herebelow: www.londoninternationalshippingweek.com

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


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