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The weekly update is a day early this week due to scheduling difficulties. Apologies. Correction 1: Thankyou to Richard B for this information correcting our description of the Baltic Dry Index: "one small correction. The Baltic Dry Index is nothing to do with container shipping. It is an index, compiled by the Baltic Exchange, taking a weighed average of spot rates for different sized vessels shipping bulk dry goods on certain routes, for example Iron Ore, Coal or Grains. It is currently at decade highs. This is important because the last decade has been a Drybulk slump. People are talking about a new up cycle in dry bulk shipping As an aside, scrubbers are interesting, they have a price spread, depending on the cost spread between high sulphur fuel oil and low sulphur fuel oil and the cost of installation. When oil prices were low last year the spread narrowed to around 38 dollars a tonne and companies were being laughed at spending money having them installed. Now the spread is probably around 200-300 dollars a tonne, worth installing. Helps with the cash flow." Please join our growing Discord server where private investors can discuss the markets in a convivial environment with no danger of getting trolled by rampers or de-rampers (whatever they are). Discord: / discord Email: [email protected]