The BDI turns up (?) and Geopolitics down…

Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers — By on September 6, 2018 at 11:01 PM

John Faraclas

The BDI (Baltic Dry Index) gained seven vital points earlier on today and now stands at 1,484. Perplexed geopolitics got worse. John Faraclas’ daily recap:

Once again both Capes and Panamaxes after a downward period were today on the plus, with Supras and Handies stuck…

The BCI gained 14 points and now reads 2,424…

The BPI clinched a dozen points and now reads 1,516 – didn’t fall below the 1,500 point threshold!

The BSI and BHSI remained stuck at 1,135 and 565 points respectively.

On the Wets the BDTI (Dirties) was up six points at 778…

The WTI as these lines are being written stands at US$ 69.10…

Geopolitics will soon produce chaos… MIGRANTS will double following the Syrian saga… The entire Middle East is on fire…. Rebuilding though will change everything but…

Reverting with a full rundown; until then remain on guard from actions emanating by Pirates, Terrorists and Criminals wherever you are on Planet Ocean…

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