The BDI@645; Capes “surge” and Panamaxes fall…

Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Tankers, Trade and Commerce — By on March 11, 2019 at 11:10 PM

John Faraclas

The BDI@645; Capes “surge” and Panamaxes fall…

The BDI (Baltic Dry Index)  lost four points earlier on today and 624 tries to survive… All we all want is to avoid a drop below the 600 points. Geopolitics continue to be perplexed and wonder who really knows what’s net to come. John Faraclas’ daily recap:

The Capes’ BCI managed to clinch 15 points and now reads 250… let’s hope for better days as this level close to 200 points was scary…

The Panamaxes BPI lost 28 point at a very crucial  day and now reads 866; all expected to see same over and above the 900 point mark, but…

The Supras’ BSI remained for a third day at the same level; 790 points…

Three points plus for the Handies’ BHSI was more than encouraging… Whatever under the circumstances plus mode is more than welcomed! So let’s see after the 424 points what’s next!

The Wets on a falling mode; the last published BDTI (Dirties) and BCTI (Cleans) stood at 742 – minus five and 575 – minus two points respectively! CAUTION!

The WTI on the rise and approaching US$ 57! Caution!

Expect tough days ahead with Geopolitics:

The MIGRANTS on both side of the Atlantic make waves!

The EU in disarray as BREXIT might cause turbulences…

No elections in Algeria…

More news before midnight; until then remain on guard from actions emanating from Pirates, Terrorists, Criminals and Business Hooligans whatsoever…

Tags: ,

Leave a Reply

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 13 + 11 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback