Plain sailing for Dry and Wet Markets; truce (?) could be possible in the Middle East’s Israel – Palestinian ongoing conflict. Covid remains a very deadly and uncertain issue.
The BDI (Baltic Dry Index) was up 23 points at 2,824; Wets minimal gains do count a lot. Both sides in the Middle East conflict already claim they have won… Despicable… Both sides MUST grow up! John Faraclas’ brief daily recap:
The Capes’ BCI went over and above the 3,800 points threshold and now read 3,814 – up 29…
13 plus points for the Panamaxes BPI now at 2,870…
Rich pickings for the Supras’ BSI now at 2,374 – up 30!
A dozen valuable points for the Handies’ BHSI, now over and above the 1,300-points threshold standing at 1,310!
Breath deep for the Wets; the last published BDTI (Dirties) and BCTI (Cleans) stood at 610 – plus four and 540 plus one point respectively
The WTI lost US4 1.41 since yesterday and now reads US$ 61.95… Good news, but for how long, given expected fluctuations…
The Geopolitics marred with the MIGRANTS and the possible truce in the Middle East inferno. It is about time we see an end to all this as Peace is at stake beyond the region and its periphery… A shameful situation and we blame both as well as all those behind the scenes… CAUTION.
Coronavirus opens up new “chapters” in medical history as well us in dirty politics and greediness. This summer – until October will be more than crucial…
More news with our weekly recap tomorrow – we didn’t revert yesterday as we thought to give you a full picture tomorrow Friday.
Have a nice evening and continue to remain on guard from actions emanating from Pirates, Terrorists, Criminals and any Business Hooligans whatsoever wherever you are on Planet Ocean. Once again a big THANK YOU to all who really care for all humans – Doctors, Nurses, Seafarers, Dockers, Port Authorities et al during this Coronavirus disaster!! We repeat: Do please invest in Hospitals including Equipment, Doctors, Nurses and any useful means to avoid further disasters! Become more disciplined and care for the Environment too. Lastly: Education and Training for all to be able to tackle these disasters. Let us work collectively together and NOT opt for a fistful of Dollars to restart the already collapsed global economy… which is in red over US$ 300 (three hundred) trillion…
