The BDI (Baltic Dry Index) was down three points since yesterday and now stands at 2,588… Ukraine: calling everybody’s bluff… Covid spreads; the fourth doze please… John Faraclas’ brief daily recap:
The Capes’ BCI was down 28 points and now stands at 2,604…
The Panamaxes’ BPI was up three points at 2,850…
Supras’ BSI doing well as well as Handies’ BHSI at 2,892 – plus 16 and 1,620 – plus 19 points respectively…
This is what I call a Dry Market calibration… watch this space!
The Wets fall continues; the last published BDTI (Dirties) and BCTI (Cleans) stood at 1,225 – minus 43 and 1,007 – minus 12 points respectively…
The WTI was up US$ 8.50 since yesterday – US$95.04, and now stands at US$ 103.54; terrible. Enough is enough…
On the Geopolitical front the effects of modern warfare is nowadays depicted on the internet, the battleground vis-à-vis the truth and damn lies on the current war in Ukraine… CAUTION as this can backfire… Still a messy situation and we don’t wish to witness the spill over, any spill over… as we will be verbatim confirmed that the WWIII is on… Reminder and warning: Don’t forget Nemesis. Watch this space; more tomorrow with our weekending recap.
The Financial repercussions of this mess with Ukraine – and other similar cases elsewhere which are about to erupt, Greece and Turkey, China’s behaviour in south China Sea and beyond, India and Pakistan and, yes AND the Balkans – the tinderbox of Europe and Planet Ocean’s at large… will burden every single human!
Covid’s re-surge as we stressed during last week, will create many more problems… Let’s hope we begin the fourth vaccination as soon as possible. Above all, let the medical world look after the Covid Anathema and Not the Politicians.
The finale, the 3rd day in London’s ExCel, of Oi2022 (Oceanology International) included a visit at the pier where some unique crafts were berthed as well as some interesting demonstrations. More soon.
Lastly, today HELMEPA – Hellenic Marine Environment Protection Association, celebrates its 40th anniversary. This pioneering voluntary commitment of Greek seafarers and ship owners to protect all seven seas on Planet Ocean’s environment is second to none. Many MEPAS were created and we hope we shall prevail in saving the environment and beyond. Volunteerism is unique; will revert with a full account on today’s anniverary celebrations.
Have a nice evening, enjoy the rest of St. Patrick’s Day, 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. As for the mess in Ukraine, you have not seen anything yet as well as its spread… 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…
