The BDI bottoms-out…?

Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers — By on September 13, 2018 at 11:55 PM

John Faraclas – picture by ecopack77

The BDI went bellow the 1,400 points  mark at 1,382 which is minus 29 points and CAUTION is the best tactic to avoid messy situations. Geopolitics still an upheaval for all. John Faraclas’ brief report:

The Capes’ BCI  stood at  1,980   – down 94 loosing the 2,000 point threshold!!! What next?

The Panamaxes’ BPI  lost 16 points and now reads 1,534…

Supras were down two points with the BSI now reading 1,132 points..

Good to see the Handies’s BHSI  up five points at 581!

The Wets were also down; the last published BDTI  (Dirties) stood at  769 minus five points and the BCTI (Cleans) at 518  -minus two points.

On another tone and note our team having safely arrived in Annecy, reports live:

Reverting tomorrow Friday,  closing of the week,  for a grand recap on both the Markets and Geopolitics – where many issues are at stake at all levels; until then be on guard for any eventuality emanating from Pirates, Terrorists and Criminals of any kind whatsoever wherever you are on Planet Ocean.

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