The BDI “hiccups” …return

Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers — By on May 30, 2019 at 11:50 PM

John Faraclas

The BDI “hiccups” …return

The BDI (Baltic Dry Index) fell ten points earlier on today and now reads 1,097, thanks to the as ever volatile Capes. Geopolitics turn to become soon a Yellowstone… John Faraclas brief daily recap:

The Capes’ BCI lost 36 points and now stands at 1,623…

Just three points plus for the Panamaxes’ BPI now reading 1,340!

The Handies’ BSI fall continues; minus seven and now standing at 756 points…

Another two valuable points for the Handies’ BHSI now at 397…

The Wets once again with mixed feelings; the last published BDTI (Dirties) and BCTI (Cleans) stood at  651 – minus seven points and  541 plus two respectively.

The WTI ended up at  US$ 56.50… shall we say: Hooray hooray eh!

Burning issues all over Planet Ocean make Geopolitics more than explosive. We have mentioned a few hints for the Balkans and wait to see the outcome.

On another tone and note we had earlier on the private view of the INSPIRED at the London Glass Blowing; an exceptional event.

More news tomorrow with the Friday closing daily and weekly recap/reports; until then have a nice evening and remain on guard from actions emanating from Pirates, Terrorists, Criminals and Business Hooligans whatsoever wherever you are on Planet Ocean…

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