Home Ports & TerminalsCanals Capes’ “surge” in a rather grounded Dry Market whilst Wets “dive”; Geopolitics pathetic and Coronavirus dangerously surge.

Capes’ “surge” in a rather grounded Dry Market whilst Wets “dive”; Geopolitics pathetic and Coronavirus dangerously surge.

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John Faraclas

Capes’ “surge” in a rather grounded Dry Market  whilst Wets “dive”; Geopolitics pathetic and Coronavirus dangerously surge.

Neither the Capes nor any other size can dictate or create a Market, end of the story! The BDI (Baltic Dry Index) gained 55 points going over and above the lost 1,400 points threshold and now stands at 1,400. The Geopolitical spectrum becomes despicably pathetic and coupled with the Coronavirus anathema will create tsunamis all over Planet Ocean. John Faraclas’ brief daily recap:

The Capes’ BCI was up 167 points since yesterday and now reads 2,235 surpassing the 2,100 and 2,200 points thresholds; a very volatile situ given that yesterday managed to clinch just four points… CAUTION…

The Panamaxes’ BPI lost two points and now stand at 1,255 points…

No change for the Supras’ BSI at 972…

An ace for the Handies’ BHSI now at 597 concludes the very complexed Dry Market…

Falling Wets; the last published BDTI (Dirties) and BCTI (Cleans) stood at 421 – minus three and 327 – minus 12 points respectively… a very difficult period for the Wets and ultra CAUTION should be exercised…

The WTI ended at US$ 40.64…

The Geopolitical sector remains pathetic and given events such as the forthcoming USA’s presidential election things get worse particularly in the faulty line from Gib to Afghanistan and from the Caucuses down to the Horn of Africa… Keep an eye to region’s dire straits… MIGRANTS sill there… Turkey bullies everybody and tries to capitulate on the non-USA interest in the region. With all due respect, Planet Ocean is warned, NOT to trust blackmailer and megalomaniac as well as enemy of the Peace, president Erdogan of Turkey! Time will tell… as Armenia, Cyprus, Greece, Libya, Iran, Iraq, Israel and Syria are targeted b Turkey – not to mention the entire Balkans…

Elsewhere we have a European Union in total disarray in all fronts…

BREXIT sill making waves…

An enigma USA presidential election NOT just for who will win, but what will happen in the short term until January 2021 both within the USA as well as all over Planet Ocean – I mean what will be the policy to be followed by the occupant of the Oval Office…

Central and South Latin America in limbo..

In the Far East both the USA and China continue to stress its muscles particularly in the South China Sea and also we shouldn’t oversee Taiwan…  Japan is closely watching developments… Don’t forget North Korea!!!!

On the Coronavirus anathema: We are going to witness a possible collapse of the Health System and Services if we don’t act  swiftly and put all our resources in halting the spread of COVID, even if we have to use “curfews”…  and other measures and means.  CAUTION and as per yesterday’s warning “…be on guard and be prepared to face the despicable surge which will affect us all. The situation is far beyond your knowledge, wishful thinking and imagination. Remain Disciplined and Responsible.”

Remind you that “All the above and many more issues greatly influence the Shipping Markets! See the effect on Tourism and in particular on Maritime Tourism, and let us have your comments…”; indeed we look forward to your comments…

All in all: It is about time to stop exploitation, exploitation of all kinds all over Planet Ocean, otherwise we can confirm there will be a situation of Wars, Social Upturns – coupled with the Coronavirus’ Anathema Pandemic with despicable results for all!

Have a nice evening  ensuring 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$ 270 (twohundredandseventy) trillion…-

 

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