Capers drop further but other sizes …do “well”…

Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Tankers — By on October 11, 2017 at 11:40 PM

John Faraclas

Volatility, uncertainty and enigmatic Dry AND Wet Markets rule the day. Geopolitics and in general World Peace at stake – and it’s NOT the economy stupid; it’s figures; John Faraclas’ midweek recap:

With the BDI@1,433 points – up 15 since yesterday owners defying logic believe all will be plain sailing; who objects to this, but reality bites!

The Capes continued to fall – today the BCI lost 12 points and now reads 2,882…

The Panamaxes’ BPI was up 39 points and now reads 1,504 – not bad eh! We advise though CAUTION!

The Supras’ BSI was up 24 points – a very good performer, but…

The Handies were also up with the BHSI now reading 623 points – up five!

The Wets with mixed feelings; the last published BDTI (Dirties) and BCTI (Cleans) stood at 818 – up 35 and 599 – down ten respectively.

The WTI up a bit annoying all, particularly the poor masses; at US$ 51.02 creates havoc for many.

The Geopolitics sour in all fronts and as said, the drums of war can be heard all over.

Be ready for everything as things are on the edge…

Have a nice evening and be on guard for every eventuality emanating from Pirates and Terrorists wherever you are on Planet Ocean…

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