baltic dry index

gCaptain’s full news coverage of the Baltic Exchange Index, which tracks rates for dry bulk ships including capesize, panamax and supramax vessels.


Friday, August 7, 2015
capesize bulk carrier
News

Capesize Rates More Than Double in Last Month to Hit 2015 High

  By Manisha Jha and Bill Lehane (Bloomberg) — The cost of hiring a ship to haul iron ore more than doubled in the last month amid speculation that

August 7, 2015
Total Views: 13

Tuesday, July 28, 2015
capesize bulk carrier
News

China’s Iron Ore Bargain-Hunting Wins Reprieve for Shipping… For Now

By Naomi Christie (Bloomberg) — The bear market in iron ore is sending Chinese steel mills on a bargain hunt and giving shipping companies their best

July 28, 2015
Total Views: 26

Thursday, July 23, 2015
capesize bulk carrier
News

Asia Capesize Rates to Hold Steady with All Eyes on Atlantic

  By Keith Wallis SINGAPORE, July 23 (Reuters) – Freight rates for capesize bulk carriers are likely to hold steady next week although a rush of

July 23, 2015
Total Views: 33

Monday, July 6, 2015
Shipping Industry Gloomiest Since 2009, Survey Finds
News

Shipping Industry Gloomiest Since 2009, Survey Finds

  By Bill Lehane (Bloomberg) — The shipping industry is the most pessimistic in six years about its prospects as a fleet surplus persists, according

July 6, 2015
Total Views: 27

Monday, March 23, 2015
Baltic Dry Index Pushes Up With Rising Capesize and Smaller Vessel Rates
News

Baltic Dry Index Pushes Up With Rising Capesize and Smaller Vessel Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued to rise on Monday, supported by positive

March 23, 2015
Total Views: 19

Thursday, March 19, 2015
capesize bulk carrier
News

Asia Dry Bulk – No Sign of Improvement in Capesize Rates as Owners Lay-up Ships

Rates for capesize bulk carriers, which have been close to six-year lows for the last two months, show little sign of improvement as a tonnage glut and

March 19, 2015
Total Views: 64

Monday, March 9, 2015
Smaller Vessels Boost Baltic Dry Index
News

Smaller Vessels Boost Baltic Dry Index

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose Monday on higher demand for smaller

March 9, 2015
Total Views: 28

Thursday, March 5, 2015
Stronger Panamaxes Drive up Baltic Sea Freight Index
News

Stronger Panamaxes Drive up Baltic Sea Freight Index

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the

March 5, 2015
Total Views: 31

Thursday, February 26, 2015
Dry Bulk Shipping Crisis Adds to Loan Woes for Greek Banks
News

Dry Bulk Shipping Crisis Adds to Loan Woes for Greek Banks

The global slump in demand for dry freight commodities is adding more pain to Greece's already crisis-hit banks by heaping pressure on many of their shipowner

February 26, 2015
Total Views: 31

Wednesday, February 18, 2015
iron ore loading
News

Weak Vessel Demand Keeps Baltic Dry Index at Record Lows

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit another record low on Wednesday as demand for

February 18, 2015
Total Views: 36

Wednesday, February 11, 2015
capesize bulk carrier
News

Baltic Dry Index Hits New Record Low

A measure of shipping costs for commodities collapsed to a record as China curbs coal buying at a time when a the largest-ever fleet is competing to haul

February 11, 2015
Total Views: 35

Wednesday, February 4, 2015
Danish Bulker Owner Copenship Files for Bankruptcy
News

Danish Bulker Owner Copenship Files for Bankruptcy

Privately-owned shipping company Copenship has filed for bankruptcy in Copenhagen after losses in the dry bulk market, its Chief Executive Michael Fenger told

February 4, 2015
Total Views: 167

Monday, February 2, 2015
Egyptian-Japanese Friendship Bridge suez canal ship shipping capesize bulk carrier
News

Baltic Dry Index Slides to Lowest Level since 1986

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its slide on Monday, hitting a new

February 2, 2015
Total Views: 21

Thursday, January 29, 2015
Baltic Dry Index Death Spirals to Near 30-Year Low
News

Baltic Dry Index Death Spirals to Near 30-Year Low

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, spiralled downwards to its lowest level in nearly

January 29, 2015
Total Views: 84

Friday, December 19, 2014
Capesize Vessels Seen Taken Out of Service Amid Deeper Earnings Slump
News

Capesize Vessels Seen Taken Out of Service Amid Deeper Earnings Slump

A deeper slump in earnings for ships that carry most of the world’s coal and ore cargoes would force owners to take vessels out of service, according to

December 19, 2014
Total Views: 14

Wednesday, December 17, 2014
China Demand Drop Pushes Iron Ore Shipping Rates to 5-Year Low
Shipping News

China Demand Drop Pushes Iron Ore Shipping Rates to 5-Year Low

Iron ore and shipping costs plunged to the lowest in five years amid signs China’s slowing economic growth and a glut of the commodity are sapping seaborne

December 17, 2014
Total Views: 23

Wednesday, November 19, 2014
capesize bulk carrier terminal iron ore dry bulk
News

Baltic Exchange Faces Competition from EEX

Britain's Baltic Exchange faces competition from EEX, part of Deutsche Borse, as it tries to revive its loss-making Baltex dry bulk freight derivatives

November 19, 2014
Total Views: 32

Monday, November 3, 2014
Egyptian-Japanese Friendship Bridge suez canal ship shipping capesize bulk carrier

Baltic Index Rises On Higher Capesize Rates

The Baltic Exchange's main sea freight index, which tracks freight rates for ships carrying dry bulk commodities, rose on Monday on firmer rates for bigger

November 3, 2014
Total Views: 29

Thursday, June 26, 2014
iron ore loading
News

Dry Bulk Ship Rates Poised for Record Low on Indonesian Ore Ban

Freight rates for the biggest vessels to navigate the Panama canal are poised to slump to a record because of Indonesia’s ban on exports of nickel and

June 26, 2014
Total Views: 77

Friday, June 20, 2014
Baltic Exchange and LCH.Clearnet In Tie-up Talks on Ship Futures Platform
News

Baltic Exchange and LCH.Clearnet In Tie-up Talks on Ship Futures Platform

London's centuries-old Baltic Exchange and clearing house LCH.Clearnet are in talks about a tie-up over the Baltic's dry bulk freight derivatives platform, the

June 20, 2014
Total Views: 39