John Faraclas
Dry and Wets “rise” is more than enigmatic..
The BDI (Baltic Dry Index) gained three points since yesterday and now stands at 1,699 points. Wets with mixed feelings, Geopolitics still perplexed and Coronavirus changes everything for the time being. John Faraclas’ brief daily recap:
The Capes’ BCI “surged” with 30 plus points and looks likely it might soon go over and above the 3,000 points-threshold as at 2,971 feels “able” to succeed…
The Panamaxes fell 35 points and now the BPI reads 1,544…
Nine points plus for the Supras’ BSI now at 453 and
Five points plus for the Handies’ BHSI now at 453…
All in all a very enigmatic, volatile and uncertain Dry Market and there is more to come…
In the same more or less modus the Wets continue their ups and downs in a small scale though… The last published BDTI (Dirties) and BCTI (Cleans) stood at 509 – plus 18 and 329 – minus five points respectively… CAUTION!
The WTI was down 29 cents at US$ 40.67; let’s hope same fells to support humanity in need these turbulent days…
Geopolitics continue to deteriorate and create an atmosphere of uncertainty in all sectors and soon we will be engulfed in an all-out war particularly in Central, East Med, the Balkans and the wider Middle East; any objections? We have lately even on a daily basis warned about the ten spots, focal points from Gib to Afghanistan and from the Caucuses down to the Horn of Africa… Turkey and its backers will create a total mess. The response of the supposed to be concerned leaders, nations, alliances, religious leaders is not just soft per the Greek and Cypriot political leadership, it’s pathetic on all counts as they support a pariah state, an inhumane morphoma and they will bear the consequences sooner or later. We have seen the reaction from EU on the MIGRANTS and we know where we stand. Verbal declarations are only good for the rubbish bin… Shame!!! Action please! Action is the only way Erdogan and his new imperialist Neo-Ottomans understand, end of the story!!!
Foresight and its advantages is the benefit of the very few and let’s see how we tackle the current situ with Coronavirus (COVID-19) as this crisis did find many governments asleep on the wheelhouse and now who will salvage the stranded vessel? We must not make the same mistake with Artificial Intelligence. It is not just in our humble view that we will never ever get “back” to the norm, it is the disastrous impact on many health issues that same will be affected due to Coronavirus (COVID-19), such as TB, Malaria and HIV!! CAUTION as already we are faced in five months with the lock-down effects to children at home and in our business, on board ships with the Seafarers that have been treated very badly… particularly by the authorities; S H A M E !!!! Did I hear you say CREW CHANGES???? Eh !!!!
The new wave of Coronavirus (COVID-19) will soon begin and the coming Winter will be a decisive one; we MUST be ready to confront an even deadlier wave… Be prepared.
Geopolitics and Coronavirus with the deepest Recession which we have already entered and as same will be present for the foreseeable future, demands that our RWAD is here…
Travelling yesterday, offered us the chance to witness some odd things – expected after all, particularly in the airports and airplanes. Authorities and Airlines personnel MUST implement the rules given by the state (s) as many passengers are very undisciplined… Until a medicine and a vaccine appears, the best ones now available are discipline, discipline, discipline. END OF THE SORRY STORY !!
More news in our tomorrow’s weekly recap; until then have a nice evening but continue to remain on guard from actions emanating from Pirates, Terrorists, Criminals and any Business Hooligans whatsoever wherever you are on Planet Ocean. Once again a big THANK YOU to all who really care for all humans – Doctors, Nurses, Seafarers, Dockers, Port Authorities et al during this Coronavirus disaster!! We repeat: Do please invest in Hospitals including Equipment, Doctors, Nurses and any useful means to avoid further disasters! Become more disciplined and care for the Environment too. Lastly: Education and Training for all to be able to tackle these disasters. Let’s work collectively together and NOT opt for a fistful of Dollars to restart the already collapsed global economy… which is in red US$ 260 (twohundredandsixty) trillion…
