John Faraclas
The BDI (Baltic Dry Index) was up 11 points since yesterday at 855 – a kiss of life. Geopolitics more than messy. John Faraclas daily briefing:
Bad news for the Capers’ BCI 2014 which fall below the 1,000 point threshold at 993 – minus 27! Ultra Caution!
The Panamaxes gained 39 and the BPI now reads 1,109…
The Supras up ten and the BSI now stands at 734 points.
The Handies up two and the BHSI at 447 …makes waves.
An uncertain overall dry market. Pleased though to read of some interesting period fixtures!
The Wets with mixed feelings; the last published BDTI (Dirties) and the BCTI (Cleans) stood at 688 – minus two points and 537 plus ten respectively.
The WTI down at US$ 42.68 – CAUTION.
The Geopolitics: continue to be messy.
Reverting later with an update on Geopolitics main issue; until then be on guard for every eventuality deriving from Pirates and Terrorists worldwide.-
