Falling BDI@1,169: not yet a disaster…

Capt. John

John Faraclas. Picture credits George Christakis

The BDI (Baltic Dry Index) lost nearly 100 points on a weekly basis and now stands at 1,169; Geopolitics in jeopardy… John Faraclas’ daily and weekly recap:

The BDI was down 20 points earlier on today and now reads 1,169 and was exactly 91 points down since last Friday the 4th of January 2019 when it stood at 1,260 points.

The BCI managed to keep an equilibrium so to speak as the Capes are notoriously known for its volatile nature. The daily loss...

http://www.allaboutshipping.co.uk/2019/01/11/falling-bdi1169-not-yet-a-disaster/

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