The FFA’s are all slightly lower across the curve this
Thursday morning. The index has been
released and yes our beloved BDI has broken 900 slamming the plate at 902. The Capes
again are retreating, while the three smaller classes are all green.
For the record Boomer James is all over the fleet tables from
GNK as he prepares a fleet valuation to be published here on the Ton Mile
Trader as part of a series wherein we will examine all the publically traded
company’s current fleet value. Keep em
honest we say!
Good Fortunes
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