Just three points plus were enough to see the continuation of an “upwards” market …trend, but only just, as the Panamaxes’ respective index remained stuck at 481 points. The Market briefing with John Faraclas:
The Capers’ BCI 2014 gained seven points, now standing at 186 points, the Supras’ BSI gained five points clocking 432 and the BHSI – the Handies at 255 (up three since yesterday)!
The Wets now; the last published BDTI and BCTI stood at 861 and 505 points respectively – up 28 and three…
The price of oil – WTI just above US$ 37 – a very strange game here.
The geopolitics are simply an enigma. The world is the brink of major and sudden changes which will greatly affect the markets. Caution!
Meantime, the Oceanology International 2016, this superb bennial event, witnessed a great opening and an increased number of visitors!