Who cares about the BDI’s volatility…

Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce — By on August 31, 2017 at 4:12 PM

John Faraclas

Obviously you might think we go over the top; not at all as we believe that capable owners know how to weather the storm, any storm as the real masters of the Shipping adventure have it in their DNA! John Faraclas’ brief note on the state of the markets and geopolitics:

The BDI (Baltic Dry Index) gained three points – “thanks” to the as ever volatile Capers, and now stands at 1,184 points.

The Capers saw the BCI on a 11 points plus to 2,293..

The Panamaxes down six and the BPI now stands at 1,189 points

The Supras’ and Handies rise was minimal – two and four points respectively at 853 and 486…

Remember: we are 1,150 points BELOW the December 2013 level; that might ring the bell of what to expect…

The Wets on a totally upwards mode; the last published BDTI (Dirties) and BCTI (Cleans) stood at 667 and 648 points  – that’s  eight and 84 , yes eightyfour points rise!!!

The WTI recovered from the US$ 45,58 earlier on and now reads 47,10… Caution as these fluctuations and volatile outcome might greatly affect the markets and geopolitics in its entirety!

The Geopolitics might soon, as we expect produce tsunamis, so brace to defend your corner…

Have a nice evening and be on guard form any eventuality from Pirates and Terrorists wherever you are.

 

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