The BDI@1,385: contained correction; Wet gains…

News, Shipping Indices, Statistics, Tankers — By on January 8, 2018 at 11:43 PM

John N. Faraclas

The BDI (Baltic Dry Index) gained 14 points earlier on today and now reads 1,385 points. Geopolitics still in a mess. John Faraclas’ brief market recap:

The Capers’ gained were contained to just 35 points and the BCI now reads 2,826 points.

The Panamaxes also were on par with the Capers and the BPI clinched 24 points now standing at 1,424 points.

Two points plus for the Supras with the BSI standing at 886…

The Handies went below the 600 point threshold now reading 594 – that’s minus six points for the BHSI which enters a dangerous zone…

Some … “good news for the Wets; the last published BDTI (Dirties) and BCTI (Cleans) stood at 680 and 656, that’s four and three points plus respectively.

Worrying news come from the WTI front were we had even a US$62 but thank got it dropped and as you read these lines same now stands at US$ 61.56…

Geopolitics continue to get enigmatic and perplexed and wonder this time, in this day and age, what the Aeolus bag of winds contains…

For sure we are going to witness very soon tremendous changes in all fronts…

Have a nice evening and be on guard from actions emanating from Pirates and Terrorists worldwide…

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