Comment by Mr. Mark Anthony - Wednesday 11 February 2009
SO you think unless BDI stages a spectacular rally of 10 fold increase over one night, unless it does that, you still think the shipping market is bearish? That's absurd. Nothing changes overnight. BDI has put out the strongest string of rally any one can expect: A continuous 16 days of going only up and never down, and BDI reaches triple it's value from the bottom of 666 on December 4, 2008, in a little over two months. You have to read this to understand the fundamental reason why BDI would stage such a strong rally so quickly: http://tinyurl.com/b24oxr Please, study the facts first.

Comment by Mr. Aly-Khan Satchu - Monday 9 February 2009
Dear Marcus, It was very much the Forward Indicator of choice and was ahead of the curve in signalling the disjunctive cratering of demand. The Low at 666.00 or thereabouts was egregious but I think the recent bounce [and you quite correctly note the Pavlovians are back] is off a very low base and hence difficult to know whether it is something more than a dead cat bounce. Your point about price volatility is we ll made. I think the Crude Oil contango was responsible in large part for same. I think black swan like price volatility is here to stay. Aly-Khan Satchu www.rich.co.ke

Comment by Captain Doctor Ivica Tijardovic, PhD - Sunday 8 February 2009
When the Baltic Dry Index reaches an all time high of 11,793 and less than seven months later falls to its 22-year low of 663, it is time to recognise the serious problems the shipping market has. If the demand for some ships, let’s say capesize vessels is showing improvement, that doesn’t mean our problems are over. The serious problems in shipping will not disappear overnight or just in a couple of months if we keep thinking that money is the only measure of success. The high level of professionalism everywhere based on honesty and understanding is what we need in shipping. Without that kind of professionalism the clouds of gloom in the shipping are not transient.