John Faraclas
The BDI (Baltic Dry Index) continued its free fall losing another 20 points earlier on today and now reads 1,308 …and the Wets fall too… Geopolitics create a very dangerous environment from which only the very well placed nations, companies and individuals might survive. An Armageddon which will take even a century to bring back things, not to the norm but to a new era, for which we are proud to be the only medium to advise you more than well in advance – try and read our 500-year cycles… John Faraclas’ early Market recap:
The Capers lost 53 points with the BCI now standing at 2,618 points…
The most favourable size from all, the Panamaxes saw its BPI fell 21 points and now reading 1,247…
Double digit fall for the Supras’ with the BSI falling below the 1,000 point threshold and now standing at 984 points…
The Handies’ losses were minimal in comparison; the BHSI lost just two points and now reads 612…
The Wets dive too; the last published BDTI (Dirties) and BCTI (Cleans) lost one point – 775 and 16 points – 651 respectively…
The WTI, as these lines are written, stands at US$ 50.44 – a minimal fall as it is early days…
The Geopolitical chaos will soon engulf every singly yard all over Planet Ocean with incalculable repercussions. The count-down is on…
Geopolitics, as said yesterday as well as in all our past coverage, plays more than a substantial role in Shipping and few from the hoi polloi have …digested, as knowing is one thing, getting into trouble for ignoring the messages and facts yet another…
The MIGRANTS maintain the leading position of importance despite the fact that the governments and their cronies, the so called politically correct and free so to speak media try to bury… As Émile Zola said: “If you shut up truth and bury it under the ground, it will but grow, and gather to itself such explosive power that the day it bursts through it will blow up everything in its way.” Now try to interpret this with whatever takes place these days and in particular now, in the material time we live in and see what you get. Wonder when all these democratic and humane governments will short-out this endemic of the MIGRANTS which is the real issue, coupled with religion and dirty greedy politics for the forthcoming WWIII which will make Planet Ocean’s land look like the surface of the Moon!
The despicable Wars in Syria and Iraq against the ISIS Islamist Terrorists and all dozens of other functions there relentlessly continues…
What is Putin’s Russia goal there? What is the “West” up to? The Middle East needs delicate and professional approach for the long run!
Turkey continues to stir-up the entire region there and spreads through its blackmail tactics the conflict which might destabilise the Balkans, The Black Sea and touch…ground down in Kuwait… It is about time we all, politely, saw zero tolerance to Erdogan’s appetite… His backers too must realise that it will be even hell for them… Turkey will never ever become a member of the EU, we all knew this but the super powers played a very bad game of deceit for all; we all know the reasons…
Turkey continues to pester among others of its “allies” in NATO Greece in a multiple way; the latest is the Fishing rights were Turkish fishermen with totally unacceptable fishing boats which spoil the environment – the sea-bottom in particular, after completely “draining” their own waters, they are entering day and night Greece’s and the European waters creating chaos, hell so to speak. They even come close to holidaymakers in the Greek Islands… Patience is patience… and a virtue… but… Where are the EU and UN’s environmentalists to see what the Turkish fishermen are doing: an ecological disaster! Don’t ask of the influx of air and sea violation of Greece’s and EU’s airspace and territorial waters. Add the Kurdish issue and see what is coming up…
Greece next door continues the theatre of the absurd with the current 300MP’s mickey-mousing about and calling a fast one to their countrymen… Under the circumstances forget investment and development as well as the expected mana from heavens: the end of the Capital Controls… Expect, as we have stressed a modern Greek Tragedy if this lot remains in power and opposition; we are absolutely clear and explicit in what we write! We politely provoke to a televised live debate; we dare, do the 300 Greek MP’s and their accomplices in Europe come up?
Spain with the Catalonian saga enters another chapter, a very difficult one… Each side tells us its long and short, but injured people speak up on a brutality totally unnecessary. Guernica ante portas!
BREXIT continues to call the shots as the most important issue of this Millennium. Is the exit tide reversible as many think…? A very messy situation thanks to the Brussels bureaucrats! As we have said, there are rules in entering the EU but what about the exit rules? Everything should have been absolutely clear and available. How can one trust the European Union and its ideologists who created same, when we are witnessing silly outcomes and developments greatly affecting the livelihood of the Mighty Continents people? At the other side of the Atlantic the Las Vegas massacre, a carnage of incalculable repercussions for the American society must question president Trump’s understanding on how he handles the Gun Law???
The Africa Continent continues in a mess and the election issues will bother many, within and “externally”…
In the Far East, still worries on North Korea’s attitude, but we reiterate the view that its backers have to stop it; it is a proxy war so to speak! More news tomorrow for other regions.
Lastly a few hours ago a great Award for WISTA-International on the Environment. Read the link and praise our Women in Shipping.
Reverting tomorrow; until then be on guard for any eventuality arising from Pirates and Terrorists wherever you are on Planet Ocean!
_ Uploaded 14:22 BST
Updated 23:55 BST
