Home MarketsChartering Dry indices: All in the red… Wets; that’s the wonder…

Dry indices: All in the red… Wets; that’s the wonder…

by admin

John Faraclas

Dry indices: All in the red… Wets; that’s the wonder…

The BDI (Baltic Dry Index) following a stagnation during the last two days of the previous week, today lost 13 points and now stands at 1,125. Geopolitics still messy. CAUTION…. John Faraclas’ brief market recap:

The Capes’ BCI lost 14 points and now reads 1,848…

The Panamaxes’ BPI was down 26 at 1,187…

Supras’ BSI  “suffered” too; down two points at 717….

After a ten day surge, the Handies’ BHSI lost one point and now reads 411…

“Upsurge” for the Dirties; stagnation for the Cleans with last published BDTI and BCTI now at 643 – plus eight and 521 – same as last Friday the 7th of June…

The WTI fell 73 cents to US$ 53.26 (from US$ 53.99 last Friday); still on caution! All in all a god market to buy tankers… Watch this space!

The Geopolitics are not just enigmatically perplexed, they will produce “earthquakes” and “tsunamis” so to speak that will completely change the current World Order on Planet Ocean. For those who ostracize we tell them that technically we are at war!

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

You may also like

Leave a Comment