John Faraclas
The BDI (Baltic Dry Index) Lost three points creating more uncertainty. The Geopolitics are on the edge; John Faraclas latest midweek briefing:
The Capers lost 90 points and the BCI 2014 reads 1,020 …
The Panamxes, Supras and Handies on the “rise” with the BPI up 53 at 1,070 points, the BSI up seven at 724 and the BHSI up four at 445 points.
The Wets with mixed feelings; the last published BDTI (Dirties) and BCTI (Cleans) stood at 690 – minus nine and 527 – plus six respectively.
The WTI dropped further at US$ 43.42 and as said recently this is good and bad news…
The Geopolitics messy as ever with Americans and Russians at loggerheads, very close to conflict.
Be on guard for Pirates and Terrorist of any kind wherever you are.
An update will follow.
