Markets dive but Shipping Markets resurface…

Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers — By on October 11, 2018 at 4:09 PM

John Faraclas

Despite the fact that the World Stock Markets dive the odd happened and the Shipping Markets are all in black. Geopolitics though in …red. John Faraclas’ brief market recap:

The BDI@1,515 +22 points; pinch me…

The Capes’ BCI  up 56 at 2,005 surpassing the 2,000 point threshold…

The Panamaxes’ BPI gained 14 points and now reads 1,763

Supras’ BSI clinched another two points and now stand at 1,207 points…

“Rich pickings” for the Handies’ BHSI with an extra five points now at 652

The Wets on the up too; the last published BDTI (Dirties) and BCTI (Cleans) at 890 +15 and 597 +5 respectively!!!

The WTI was down! At US$ 71.45 offers some hopes but we are still reserved vis-à-vis what’s next…

The Geopolitics in red and we will revert later on tonight with a full run down. Until then remain on guard from actions emanating from Pirates, Terrorists and any Criminals whatsoever wherever you are on Planet Ocean. Add natural phenomena such as Hurricanes, Earthquakes, Cyclones and Typhoons – Florida’s Michael and India’s Titli… floods in Majorca…

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