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The BDI@685 and Geopolitics: face the facts

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John Faraclas – picture credits Panagiotis Tsakos Photography –

The BDI (Baltic Dry Index) was down three points since yesterday at 685; Geopolitics are far worse than yesterday with uncertainty ready to trigger wars… John Faraclas’ daily briefing:

The Capers’ BCI 2014 lost 42 points and now stands at 567 points. What as sock this is…

The Panamaxes’ BPI was also down at 939 points – minus five…

The Supras’ BSI  gained five points and now stands at 681…

The Handies’ BHSI gained three points and now stand at 379 points.

The Wets with mixed signals; the last published BDTI (Dirties) and BCTI (Cleans) stood at 851 – that’s plus four and 577 – that’s minus five points respectively.

The WTI stood close to US$ 53… Oppppssss!

It could have been worse, but listening to Geopolitics is paramount… Knowledge, of what is happening on Planet Ocean is not just Power, it’s Execution – you dead well know what I mean…

We eagerly await the deliberations from Capital Link’s Greek Shipping Forum in Athens tomorrow, which coincidentally is the 8th, equalling the eight years* of the current shipping crisis… Indeed there are Opportunities and Challenges, but who can grasp its benefits?

The American Club is 100 years old today!!! A great Centennial !!!!

Enjoy your Valentine’s and be on guard for every eventuality.

*just entering the 9th year…

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