John Faraclas
Capes’ Market mirage amid growing Geopolitical mess
The BDI (Baltic Dry Index) was up 20 points at 1,031 “thanks” to the unprecedented Capes’ surge. The Geopolitical situation contains to many dangerous issue which will soon prove detrimental for all; John Faraclas’ May Day Mayday recap:
The Capes’ BCI gained 113 points rising too fast and raising too many questions. At 1,389 today brings both optimism as well as wonder… Time will tell…
The Panamaxes’ BPI lost another point and now...
http://www.allaboutshipping.co.uk/2019/05/01/capes-market-mirage-amid-growing-geopolitical-mess/