John Faraclas
The BDI (Baltic Dry Index) fell earlier on today 20 points; it was an expected result following yestedays perplexed figures… the Geopolitical and mainly economic chaos and environmental “concerns” all over Planet Ocean will affect everything. John Faraclas’ brief daily recap:
The Capes’ BCI lost 51 points and now stands at 2,148 – still a good level, but… The most volatile of all indices sends alarms around…CAUTION
A bit of good news from the Panamaxes; a good 27 points plus recovery...
http://www.allaboutshipping.co.uk/2018/10/04/falling-bdi1554-thanks-to-the-capes-volatility/