The BDI@1,339: another Capes classic spike!

Awards, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Exhibitions, Health and Safety, Maritime Accidents, Markets, Reports, Safety and Security, Salvage, Towage, Wreck Removals, Statistics, Stock Markets, Tankers, Trade and Commerce — By on December 6, 2018 at 10:30 PM

John Faraclas

The BDI (Baltic Dry Index) gained 43 points – once again thanks to the Capes!!! Geopolitics dodgy. John Faraclas’ daily briefing:

The Capes’ BCI  stood at 2,080 plus 155  !!!

The Panamaxes’ BPI  cliched just a point and now reads 1,473  .-

Same story for the Supras’ BSI now at 951 points. Good to see  though even one point plus…

The Handies’ BHSI at 625 –  no change

The Wets were up! The last published BDTI and BCTI brought some more hope: The BDTI  (Dirties) stood at 1,160  –  plus 14 and the BCTI (Cleans)  at 876  – plus 15 respectively!

The WTI fell to US$ 51.49 !!!Ah ha!

Geopolitics “governed” by MIGRANTS, BREXIT and poverty…

Reverting with our events; the Second day of infoma’s Knect365 Salvage & Wreck exceptional conference; The IMO Bravery Awards et al,  as well as Liberia’s Registry  – LIRSC 70th Anniversary at the Fishmongers’ Hall in the City…

Happy Saint Nicholas Day- many celebrations all over  Planet Ocean for the Saint of the Seven Seas!

Until we revert have a nice evening and  remain on guard from actions emanating from Pirates, Terrorists, Criminals and Business  Hooligans wherever  you are on Planet Ocean!

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