Red Alert for the Shipping Markets, Geopolitics and Coronavirus

Capt. John

Red Alert for the Shipping Markets, Geopolitics and Coronavirus

The Dry Markets dive with the BCI (Baltic Capes Index) bringing down the BDI (Baltic Dry Index) to 1,477 points, which is 415 points less since last week’s (09 Oct 2020) 1,892 points. Wets still low. Geopolitics as said in the past, lead us not just to regional hostilities, wars and conflagrations, but to an all-out war inclusive of the main Trade Wars, as well as Proxy Wars, particularly in the African Continent. The Coronavirus...

https://www.allaboutshipping.co.uk/2020/10/16/red-alert-for-the-shipping-markets-geopolitics-and-coronavirus/

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