Diving BDI@1,036: it’s the bankrupt global economy stupid…

John Faraclas

The BDI (Baltic Dry Index) lost 56 points earlier on today and approaches the dangerous zone – which already has each twice within the last two months… Geopolitics despicable; John Faraclas brief daily recap:

The Capes … are “back” with a triple-digit figure loss 132 points and the BCI at 1,892 points losing the 2,000 point threshold…

The Panamaxes’ BPI lost 41 points and now stands at 950 points…

Losses for both the Supras’ and Handies’ with the BSI and BHSI standing at 660 – minus...

https://www.allaboutshipping.co.uk/2019/01/23/diving-bdi1036-its-the-bankrupt-global-economy-stupid/

Tanker grounded in Elbe river

The product tanker Oriental Nadeshiko grounded on 21 January in the Elba estuary, off Cuxhaven, Germany. The ship was not damaged, while no oil leak was reported as result of the grounding. The ship was going to Tarragona, Spain, from Stade, Germany.

As Oriental Nadeshiko was moving to sea in Elba estuary east of Cuxhaven, heading to Tarragona Spain, it grounded.

After that, salvage teams attempted to make the ship lighter by removing some of its ballast water. Moreover, four tugs went on the...

https://safety4sea.com/tanker-grounded-in-elbe-river/