The BDI@1,503: a surge, a tempo rise or what? Crucial Geopolitics amid uncertainty over Covid…
The BDI (Baltic Dry Index) with 81 points plus since yesterday surpassing the 1,500 points threshold is possibly a good sign, but don’t count your eggs before they are hatched. Ukraine and Turkey still very big worries for Peace on Planet Ocean. Covid still uncontrollable. John Faraclas’ brief daily recap:
Capes’ BCI was up 54 at 1,202 points
Panamaxes’ BPI gained 116 points and now stands at 1,971
Supras’ BSI up 96 at 1,734…
And Handies’ BHSI up 33 at 1,029
All four surpassed the 1,200, 1,900, 1,700 and 1,000 threshold points respectively!
Wets still in trouble; the last published BDTI and BCTI ended down one point and now read 681 and 592 respectively.
The WTI as these line were written was down US$ 1.76 since yesterday and now stands at US$ 89.56 falling below the US$ 90 threshold; excellent. We need to see same under US$ 50 mark.-
Praise for the losers in the Ukrainian saga; caution as situ now begins…
The USA MUST curb Turkey at all costs.-
Boris Johnson’s reshuffle an excellent move. Now, let’s see if he remains on as PM of the UK.
Who and how can curb Covid?
Ensure you vote for the Top 100 Women in Shipping.
Let’s see who replaces Theodore E. Veniamis to presidency of the Union of Greek Shipowners; a very crucial election… Watch this space.
More in the first update, until then have a nice evening as well 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 us work collectively together and NOT opt for a fistful of Dollars to restart the already collapsed global economy… which is in red over US$ 350 (three hundredandfifty) trillion…
