John Faraclas – picture credits Kenny Hickey
The BDI (Baltic Dry Index) fell below the 1,000 points psychological threshold; an expected fall and now reads 982 – minus 54 points. Geopolitics continue to deteriorate all over Planet Ocean. John Faraclas’ daily markets briefing:
The Capes’ triple-digit losses brought also another unwanted situ: the loss of the 1,800 points base and now the BCI stands at 1,775 – minus 117 points!!!!!
The Panamaxes were also affected with the BPI now standing at 893...
http://www.allaboutshipping.co.uk/2019/01/24/the-bdi982-a-disaster-waiting-to-happen/