Dry Market maintains its …“momentum”; the Wets falling…

Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce — By on November 28, 2019 at 11:04 PM

John Faraclas

Dry Market maintains its …“momentum”; the Wets falling…

The BDI (Baltic Dry Index) gained 27 points and now stands at 1,467; Geopolitics still sour. John Faraclas brief daily recap:

The Capes a whisker close to 3,000 points; the flirting continues and looks like tomorrow this threshold will be conquered. The BCI stood at 2,995 – plus 12 points.

16 points plus for the Panamaxes’ BPI now at 1,167…

Over and above the 800 points for the Supras with the BSI now at 807 – plus 11 !

The Handies’ BHSI also over a crucial and psychological threshold now at 501 – plus three…

Falling Wets; the last published BDTI (Dirties)  and BCTI (Cleans) stood at 1,283 – down 18 losing the 1,300 points… and 940 – down 11 points respectively…

The WTI stood at US$ 58.25 that’s 14 cents up. Hope the WTI will fall!

The Geopolitics in all fronts sour and perplexed; more in the first update. 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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