John Faraclas
The BDI (Baltic Dry Index) lost 22 points earlier on today as all indices except the Panamaxes fell. Geopolitics more than perplexed and bankruptcy ante portas “rules” the day. IMIF and Maritime London make a big splash with its 43rd Dinner; John Faraclas’ brief recap:
The Capes lost 63 points with the BCI now standing at 1398 points – another threshold was lost and below the 1,400 points. The shipping industry wonders if the drop in the index – affecting also the other indices,...
http://www.allaboutshipping.co.uk/2018/11/12/contained-losses-with-the-bdi-1125/