Ahoy There!
Again we are in Holiday mode with no complete report, yet not to be
denied we will call this Week #1. When we look at the Baltic indices we compare
end of week too end of week results when calculating gains or losses. Since December 23rd 2011 was the
last real end of week for the Baltic we used it for the calcs. The already low BDI dropped another (-22.5%)
twenty two and one half percent. So we
are going to skip that part also.
Way to much bad karma
starting the new year.
Top & Bottom: GLBS @4.30 (+29.91%), SHIP @2.65 (+22.69%), ESEA @2.57 (+9.36%) >>> GPRT @66.5
(-2.24%), NM @3.45 (-2.52%), BALT @4.31 (-9.26%).
The Baltics:
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BDI 1347
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BCI 2304
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BPI 1537
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BSI 1112
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BHSI 559
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Good Fortunes
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