Capes’ fall: a tempo hiccup or a summer lasting situ? Wets still in limbo. Worsening Geopolitics and Covid will cause Chaos and Catastrophe.
Thanks to the Panamaxes’ triple digit rise that “saved” the overall picture and the BDI (Baltic Dry Index) lost just 45 points and now stands at 3,338 – as the Capes’ loss of 241 points was for many “unexpected”. Wets still a liability. Geopolitics and the Coronavirus Anathema will lead our society to a despicable mess – Chaos and Catastrophe. J...