John Faraclas
Another “ace” makes waves with the BDI though falling amid dirty Geopolitics and spreading Coronavirus
The BDI (Baltic Dry Index) lost 26 points since yesterday and now stands at 1,445. Turkey rocks the Peace as warmongers need to see blood all over and sell ammunition… Coronavirus spreads as we luck Discipline and Responsibility… John Faraclas’ brief midweek recap:
The Capes’ BCI down 49 at 2,127 points…
The Panamaxes’ BPI down 36 at 1,568…
Hooray hooray, one point plus for the Supras’ BSI now at 959..
Stranded Handies with the BHSI at 571.
Both Wets fell; the last published BDTI (Dirties) and BCTI (Cleans) stood at 457 – minus nine and 480 – minus two points respectively…
The WTI as these lines are written stands at US$ 41.49 – minus US$ 1.52! Well done…
The Geopolitics continue to deteriorate:
MIGRANTS as always the number one issue. Over 400 crossed the British Channel in one day… CAUTION as it goes beyond a pandemic with incalculable repercussions for all… Situation in Greece, Italy and Malta still the same although Greece had fewer MIGRANTS coming in as the Greek state and in particular the Hellenic Coast Guard did its best to stop them despite the support by the Turkish Authorities to assist them cross over to the Greek Aegean Islands and with COVID you can imagine !
Turkey is pushing its luck by continuing to provoke Cyprus and Greece and conversely the European Union. It is about time the Bautas fall. War although is the last resort, unfortunately its Turkeys only option supported by its inhumane backers; but Nemesis knows best!
Scotland’s first Minister says she wants here and now a Referendum… BREXIT you see…
Europe in a mess…
Belarus a very big liability… Was Russia’s opposition leader poisoned from Novichock as the Germans say..? Mrs Merkel says to look to Russia for answers…
USA’s presidential election promises to be an interesting one…
Corruption rocks South Africa…
Coronavirus might lock us in again…
Have a nice evening and ensure you 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…
