Are the shipping markets losing steam or what…?

Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets — By on October 24, 2017 at 8:42 PM

John Faraclas

With the BDI  (Baltic Dry Index) at 1,588 points, plus two it seems that we are in an odd market. Geopolitics are so perplexed and you must have magic, superior qualities to know and understand of is yet to come. John Faraclas’ brief daily recap:

The volatile Capers’ BCI gained 15 points and now reads 3,202 points…

On the antipode, the Panamaxes lost 16 points with the BPI reading 1,626; caution for both major sizes…

Minimal gains for the Supras’ BSI; up two and now at 1,130 points looks, at least for the time being,  safe. We shall see…

Four points plus for the Handies’ BHSI now reading 687…

Mixed feelings for the Wets – as most of the time; the last published BDTI (Dirties) and BCTI (Cleans) stood at 899 – up three and 520 – down seven points respectively.

The WTI at US$ 52.45 posses dangers. This rise is expressed with hundreds of dollars for the poor consumers…

The Geopolitical issues are crucial and in our last two reports, Friday 20/10 and Monday 23/10, we have tried to prepare you for tough times ahead. Nothing much has changed on the issues we have mentioned in our last two reports, so have a good read and be ultra cautious and thoughtful…

The Shipping industry relies on the Geopolitical aspects and those ignoring the risks associated with these perplexed geopolitical environment leading to an uncertain world and conversely unsustainable business, will lose and vanish…

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

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 9 + 15 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback