Volatile Capers keep the BDI above the 1,000 point…

Chartering, Dry Bulkcarriers, Military, News, Reports, Shipping Indices, Tankers — By on April 17, 2018 at 6:07 PM

John Faraclas

The BDI (Baltic Dry Index) gained 27 points earlier on today thanks to the Capers and now stands at 1,052 points. All other Dry Indices fell or remain low… Geopolitics more than perplexed; John Faraclas’ daily recap:

The Capers’ BCI gained 91 points and now stands at 1,152; what a volatile situ… Caution as things can turn nasty. Obviously every plus point gained is great, a positive sign too…

The Panamaxes were down six points with the BPI standing at 1,353…

Plus two points for the Supras; the BSI now reads 1,018 points…

No change for the Handies BHSI…stuck at 626 points.-

So, all in all this is Dry Market is being “governed” more or less by one size- in this instance from the Capers… One size cannot constitute a market.-

The Wets with mixed feelings; the last published BDTI (Dirties) and BCTI (Cleans) stood at 638 and 535 – that’s minus two and plus six points respectively!

The WTI as these lines are being written stands at US$66.35…

The perplexed situation continues in Geopolitics in all fronts and as we have repeatedly stressed we are at War. A very different war from the one you have been taught in the Unis, practiced in the Army or witnessed in the field, sea and or in the skies… We will continue to watch despicable things happening all over Planet Ocean…

That’s all for tonight; until tomorrow be on guard from any eventuality emanating from Pirates and Terrorists wherever you are on Planet Ocean…

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