Baltic Dry Index Slides Further On Weak Capesize Demand
The Baltic Dry Index, at 4,257 points, has now fallen over 24% from its 13-year peak earlier this month. Oct 25 (Reuters) – The Baltic Exchange’s
The Baltic Dry Index, at 4,257 points, has now fallen over 24% from its 13-year peak earlier this month. Oct 25 (Reuters) – The Baltic Exchange’s
“Our market is in fire”, were the words of DNB shipping analyst Jorgen Lian began the session covering drybulk shipping sector at the Capital Link Shipping
The drybulk market, where large deepsea vessels transport unpackaged (therefore, “bulk”) cargoes of iron ore, coal (for heating and for steel making),
Oct 6 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index extended its rally on Wednesday as robust demand and port congestion
The chaos in container shipping has forced some brands like Home Depot, Ikea and Costco to get creative with their supply chains. We can now add The Coca-Cola
By Ashitha Shivaprasad Sept 30 (Reuters) – The Baltic Exchange’s main sea freight index eased on Thursday, but still gained about 53% for the
The Baltic Dry Index set its all-time record of over 11,000 points during the 2007-2008 commodities super cycle. Could we be headed for super cycle 2.0? Sept
By Bloomberg News (Bloomberg) — China’s power crisis looks set to spur it to import more coal from a wider range of producers, putting it into
Sept 27 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index rose to its highest level in 13 years on Monday, bolstered by robust
Broad sell-off in bulk shipping stocks even as Baltic Dry Index hits 12-year high. GNK -11%, GOGL -13%, DSX -11%, EGLE -11%, SB -9%. By Ashitha Shivaprasad
By Alex Longley (Bloomberg) In an already banner year for shipping, commodity carriers just saw their biggest daily gain in a decade. Average rates for giant
By Karl Plume and P.J. Huffstutter (Reuters)– Much of Louisiana Gulf Coast grain exporting capacity remained shuttered on Friday, as flooding and power
By Damian Shepherd and Alex Longley (Bloomberg) — For a glimpse at how fast demand for commodities has rebounded in the wake of the coronavirus, look no
Aug 17 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a sixth
Aug 13 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rallied to its highest
By Sam Potter (Bloomberg) — An expensive ETF riding both the commodity boom and the supply-chain chaos is shedding millions in assets, a sign of
By Hugh Bronstein BUENOS AIRES, Aug 12 (Reuters) – A once-a-century drought has lowered the water level of Argentina’s main grains transport river,
By Jonathan Gilbert (Bloomberg) — Snaking its way through thousands of miles of South American rainforest and pampas and past sprawling soybean and corn
By Fabiana Batista (Bloomberg) — Sugar refineries waiting for sky-high shipping rates to ease before locking in purchases may find that supplies tighten
June 28 (Reuters) – Baltic Exchange’s main sea freight index , tracking rates for ships carrying dry bulk commodities, hit a more than 11-year peak
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