Home MarketsChartering An enigmatic Capes’ market; end of the story

An enigmatic Capes’ market; end of the story

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John Faraclas

An enigmatic Capes’ market; end of the story

The BDI (Baltic Dry Index) gained eight points and now stands at 1,049 amid an explosive geopolitical environment. John Faraclas brief recap:

The Cape’s BCI went over and above – by a whisker, the 1,501 points. These 31 plus points make the difference but still no one really believes its sustainability as volatility is still there!

The Panamaxes, Supras and Handies were from minus one to plus two points each…

The BPI gained two points and now stands at 1,258; the BSI lost a point and flies the …boeing’s brand… 777 and the BHSI clinched two points and now reads 388…

C A U T I O N !

The Wets as per yesterday’s mode expect that the plus / minus in the last published figures was at four points respectively; Minus for the Dirties (BDTI) at 674 and plus for the Cleans(BCTI) at 516…

The WTI stood at US$ 63,02 – dangerous levels which might soon deteriorate!!!

The Geopolitical environment is beyond the perplexed one and expect havoc all over Planet Ocean… herebelwo some headlines..:

Migrants: Total Mess… on both sides of the Atlantic

European Union elections: The Mess –expect destabilization and fall of governments / coalitions…


USA vs. China – Trade War: Escalating Mess

USA vs. Iran: Despicable Mess if Iran doesn’t conforms with the rules of the game…

The faulty line from Gib to Afghanistan and from the Caucuses to the Horn of Africa: Four Thorny Messy Issues: Libya, the Balkans, East Med/Middle East with Turkey’s Erdogan provoking peripheral Peace and beyond …and Afghanistan… CAUTION.

Have a nice evening and remain on guard from action emanating from Pirates, Terrorists, Criminals and Business Hooligans whatsoever wherever you are on Planet Ocean.

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