A sea change…for the BDI @325…

Arctic Shipping, Chartering, Comment, Containers, Dry Bulkcarriers, Fixtures, Gas Carriers, Liner Shipping and Trade, LNG, LPG, Markets, Oil Industry, Reefer ships, Sales and Purchases, Ship Demolitions, Ship Finance, Shipping Indices, Short-sea shipping, Statistics, Stock Markets, Tankers, Trade and Commerce — By on January 28, 2016 at 10:22 PM
John Faraclas

John Faraclas

Another 12 points down, another all times low record… making the BDI’s history more than interesting!  The John Faraclas daily market commentary:

The Capes minus 19 points at 216 approaching the 200 barrier yet again. The Panamaxes’ BDI down 10 at 293 points; the Supras’ BSI down 11 at 316 ponts and the BHSI going deeper to 222 points, a modest three points down.

Wets too had another drop despite the price of oil going above the US$ 33… The last published BDTI and BCTI recorded a minus eight and ten points respectively standing at 812 and 664 points… Tough!

Many questions on all sectors and hope we get an answer; overall predictions vary as very few understand the coming reality:

  • How will the Box trade will repsond?
  • LNG’s migh be a good investment…
  • Reefer Box ships too…
  • ULCC’s another good investment and obviously the Chemical tankers…
  • On the Demolition side lots of things might happen.
  • Shipfinance: Money money and ships will go round…
  • Listed companies are having a hard time too…
  • Liner entities can now feel the sitaution…
  • Short sea shipping is yet another intresting sector to invest as well inland waterways tonnage…
  • Arctic shipping a great opportunity…

So let’s wait until tomorrow’s closing and… what’s next; be on guard! Zero hour approaches…

Once again, a great market for those capable and fully geared to grasp the chance of their life!

P.S.: Wonder how you are all getting on with geopolitics…

Tags: , , , , , ,

Leave a Reply

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 12 + 12 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback