Home MarketsChartering The BDI’s fall continues

John Faraclas

Another day of losses in nearly all sectors of the Dr and Wet Markets. Geopolitics are warming up for an all-out war. John Faraclas’ brief daily recap:

Minus  31 points for the BDI now standing at 1,657 points.

The Capes’ BCI on yet another three-digit losses – now at 3,130 points; you don’t need to be told of caution…

The Panamaxes hooray hooray gained nine points and the BPI now reads 1,538 points…

Supras slow and low rise continued today and the BSI stands at 1,016 points – up eight!

No change for a third day for Handies’ BHSI; grounded at 561 points.

All in all an uncertain Dry Market!

The Wets continued the falling mode; the last BDTI (Dirties) and BCTI (Cleans) stood at 714 – minus nine and 494 – no change respectively!

The WTI stood at US$ 69.40… Another big caution here!

Be careful in your assessment vis-à-vis Geopolitics. The situation on Planet Ocean is more than dangerous. Be prepared for the inevitable…

Have a nice evening and continue to be on guard from actions emanating from Pirates, Terrorists, Criminals of any kind and Warmongers!

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