BDI dives as Capers lose 85 points; havoc in Geopolitics…

Chartering, Dry Bulkcarriers, Markets, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers — By on February 27, 2018 at 7:04 PM

John Faraclas

The BDI lost three points and now reads 1,188 points. The Geopolitical situation will turn sour for all. CAUTION in all fronts. John Faraclas daily briefing:

The Capers’ BCI now stands at 1,595 points – under the 1,600 threshold…

The Panamaxes  rise was halted with low gains; the BPI was up nine points at 1,513; caution…

The Supras did well with 29 points plus and now the BSI reads 948 points.

Seven points plus for the “exterminated” Handies, with its BHSI now reading 545…

The Wets were both up; the last published BDTI (Dirties) and BCTI (Cleans) stood at 652 – plus  six and 618 – minus four points respectively!

Some commentators must stay put with respect the market’s situation as their optimism is more than sorted-lived!

The WTI as these lines ae written fell to US$ 63.08; that’s good news… but…

The Geopolitics as said in the preamble turn sour. The MIGRANTS and the Wars coupled with Credit Crunch – despite what fake news say, Religious upheavals and other situations  triggering despicable mess… Add BREXIT and see what you get!  Watch up Turkey’s inappropriate actions in the Balkans , the East Med and the entire Middle East!!

Have a nice evening and be on guard from any eventuality emanating from Pirates and Terrorists looming in the background wherever you are on Planet Ocean!

Uploaded: 19:04 GMT

Updated: 23:55 GMT

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