Panamaxes’ fall “brings down” the BDI@1,323; mixed Wets, messy Geopolitics and Coronavirus’ mess continues…
The BDI (Baltic Dry Index) was down two points since 18/12 and the game is still on. Geopolitics and Bankruptcy will determine how Shipping proceeds further. COVID-19 and its “derivatives” make waves. John Faraclas brief daily recap on the smallest day of yet another annus horribilis:
Capes’ BCI was up 17 points but couldn’t halt Panamaxes’ fall to save the day. At 1,819 the...