Home MarketsChartering Falling BDI@1,898 raises eyebrows; Wets doing well and Geopolitics in total mess

Falling BDI@1,898 raises eyebrows; Wets doing well and Geopolitics in total mess

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John Faraclas

Falling BDI@1,898 raises eyebrows; Wets doing well and Geopolitics in total mess

The BDI (Baltic Dry Index) lost 18 points as well as the 1,900 points-threshold. The Wets still doing well… but perplexed Geopolitics will create total chaos – in the entire Middle East and beyond. John Faraclas’ brief daily recap:

The Capes lost 50 points and the BCI now stands at 3,204…

The Panamaxes were down too with the BPI at 1,910 – minus ten points…

The Supras clinched four points and now the BSI stands at 1,227!

No change for the Handies’ BHSI which remained unchanged at 656…

The Wets are on the ups… and down’s; the last published BDTI (Dirties) and BCTI (Cleans)  stood at 1,798 – minus 161 (what a triple digit fall following a skyrocking week) and 960 plus 179 !! approaching the 1,000 point threshold! Too much volatility, too much “anger” and uncertainty as well as blur future depending in which side of the equation you belong… CAUTION!!!

The WTI was down at US$ 52.81 !

Geopolitics as said in the preamble are more than perplexed with the Turkish invasion in Northern Syria now in its sixth day which brings more worries for all. Expect a spill over and mess. All Turkish actions in the region lead to a general conflagration! CAUTION and restrain are advised for all BUT also an end to hypocrisy… Turkey will defy all calls to halt the invasion;

The East Med mess created by Turkey around Cyprus and the violations of Greece’s and European Union’s airspace and sea limits MUST be appropriately tackled by the EU and NATO!

Is BREXIT approaching an end game situ or what? The public in both sides of the Channel as well as in the Irish Sea are waiting… Only an orderly BREXIT can be accepted! In any event, BREXIT with a deal or non deal will affect for a while all all over Planet Ocean…

Catalonia in flames and CAUTION should be observed… Wonder what Madrid has in mind now…

Beware of developments in Hong Kong! Things might get an even worse twist and turn any moment!

The North Korean issue with missiles tests and testing the Peace process  in the region remains a crucial and dangerous issue…

Mind of corruption as the Africa continent suffers too much from this issue; corruption all over Africa leads to today’s messy politics and non-fast development of this one billion people, half of which do not have  electricity; any objection??? Eh! Corruption is everywhere/all over Planet Ocean,  as unfortunately many powerful leaders keep a blind eye for the “non-important ones”! as they (themselves) are involved in corruption – mostly via proxies. In the aftermath of their tenure as leaders we learn of their corruption “success”… SHAME !

The Trade Wars continue… and World Dept is by now over US$ 250 trillion AND (with capitals) are already in a Global recession – we are not going to enter same; we are already in. End of the story!

l to r: Agatha Kalisperas, the Hellenic Centre’s director who introduced the event, Paul Hughes, Dimitrios Kraniotis and Dimitrios Skyllas.

On another tone and note what an event was that at the Friends Room of London’s Hellenic Centre with Dimitrios Skyllas, the first Greek composer of the BBC Symphony Orchestra in history: from Epidaurus to the Barbican. Skyllas shared his first thoughts and influences on his upcoming Barbican world premiere of Kyrie Eleison, the first Greek piece ever commissioned by the BBC Symphony Orchestra. Paul Hughes, the BBC’s Orchestra director was there in a down to earth panel moderated by Dimitrios Kraniotis, director and co-founder of Ark4Art, discussing diverse influences from religion to cinema and to screen videos of Skyllas’ music from the tragedy Electra which took place recently at the Epidaurus’ ancient theatre. Over 80 guests attended and six questions were aired, amongst them one coming from Paul King, director of the Barbican centre, another one from Elena Matthaiopoulou, the well known greek journalist and speaker on many occasions for Art, Music and Theatre and one from the Consul of Cyprus, Theodore Gotsis. Konstantinos Adamopoulos from the Greek Embassy was there too as well as members of the BoD of the Hellenic Centre headed by its president Sofi Kydoniefs.  A lovely drinks and dips reception do took place at the Hellenic Centre’s Bar with much to talk as well as congratulate Dimitrios Skyllas. Watch this Space and book your place at Barbican; Skyllas’ era begins !

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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