Markets

John Faraclas

The BDI@2,191 approaches …the all time high for 5Y and 7M

The BDI is just 56 points apart as the end of Dec 2013 when the BDI stood at 2,247… Geopolitics being conspicuously “silent” might turn explosive to a degree of no return. John Faraclas’ daily recap:

With only 56 points away from the 2,247 points the BDI with the 21 points it gained earlier on today approaches the level we all here prayed for and referred to over the last four years in nearly every recap!

The Capes’ BCI was up...

http://www.allaboutshipping.co.uk/2019/07/22/the-bdi2191-approaches-the-all-time-high-for-5y-and-7m/

The BDI@2,170 with mess in two of Planet Ocean’s dire straits

The BDI (Baltic Dry Index) was up earlier on today 40 points standing at 2,170; the perplexed geopolitics now confirm our fears on our numerous written hints on Planet Ocean’s dire straits over the last seven years following the Gibraltar “Grace 1” incident and the continuations / further developments on …a tit for tat basis in the Straits of Hormuz with the “Stena Impero” and  “Mesdar” tankers arrests by the Iran’s Revolutionary...

http://www.allaboutshipping.co.uk/2019/07/19/the-bdi2170-with-mess-in-two-of-planet-oceans-dire-straits/