Home » Dries fell further and Geopolitics might go out of control anytime…

John Faraclas

Dries fell further and Geopolitics might go out of control anytime…

The BDI (Baltic Dry Index) lost 84 points since yesterday and now stands at 1,594 – It also lost the 1,600 points threshold… The Wets managed to survive for yet another day. Geopolitics might turn sour with Turkey’s despicable behaviour against Greece and Cyprus – two EU sovereign states, given also the tolerance sawn by the UN, EU, and NATO… All the rest and in particular all these statements against Turkey, are only good for the bin… Action please before we all go up in flames! John Faraclas’ brief daily recap:

The Capes’ BCI was down to 2,729 – minus 221 points; loss of both the 2,900 and 2,800 points threshold… CAUTION!!!

Losses for the Panamaxes’ BPI now at 1,415 points – minus 50!

Nine important plus points for the Supras’ BSI now at 929…

The Handies’ BHSI clinched four points and now reads 464 points.

All in all a falling Dry Market…

The Wets maintained their upwards mode; the last published BDTI (Dirties) and BCTI (Cleans) stood at 541 – plus seven and 350 – plus ten points respectively…

The WTI as these lines are being written, gained nearly a dollar and now reads US$ 41.76… Yesterday it ended at US$ 40.77… That’s bad news… CAUTION.

Geopolitics turn sour and Turkey will destabilize the entire Central, East Med, the Balkans and Middle East as Erdogan’s actions are premeditated and supported by his powerful backers – same as per the case of 1074 Turkey’s invasion in Cyprus. SHAME… But remember: one day, the shit will hit the fan Mrs. Merkel…. Just wait and see… Shame!!! Today’s behavior with Turkey’s NAVTEX in Greek and Cypriot and conversely  European Union waters, proved once again our worries and as mentioned above: UN, EU and NATO are totally responsible! Hypocrisy Rules Planet Ocean!

MIGRANTS sill the number one issue!!!

Coronavirus quietly spreads and be prepared for more mess…

Improve Crew Changes; it is about time. Let the IMO spearhead  this here and now!!!

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…

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