John Faraclas
Green Dries and Red Wets
The BDI (Baltic Dry Index) ended up 17 points since yesterday and now stands at 494 just six points below the first main threshold of 500. With the Wets in free fall, the WTI in uncertainty, Geopolitics and Coronavirus in full swing, things – despite optimism, are perplexed. John Faraclas’ brief daily recap:
The Capes’ BCI was up six points at 80…
“Rich” pickings for the Panamaxes’ BPI now at 623 – up 16…
The Supras’ BSI was up at 478 – seven points up.
The...
https://www.allaboutshipping.co.uk/2020/05/21/green-dries-and-red-wets/