John Faraclas
The BDI@850: expectations raised but reality bites…
The BDI (Baltic Dry Index) gained 29 points – similar more or less as per yesterday’s closing but still here we are NOT convinced given the bankruptcy all over Planet Ocean and the unprecedented way Geopolitics will turn. John Faraclas brief recap:
The Capes were up 76 points with the BCI now standing at 648 – good to see the 600 points-threshold “conquered”…
The Panamaxes’ BPI rise was very modest – six point and now stands at 1,177…
http://www.allaboutshipping.co.uk/2019/04/24/the-bdi850-expectations-raised-but-reality-bites/