Baltic Index Rallies to 12-Year High on Gains Across Vessels
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
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
By Bloomberg News (Bloomberg) — China’s embarked on a record corn-buying spree this year and some vessels have been delayed for as long as a month
By Jonathan Saul LONDON, June 2 (Reuters) – Carbon emissions produced from seaborne coal exports stayed steady last year despite the impact of the
By Bloomberg News (Bloomberg) — China is clamping down on some corn imports amid concern that overseas purchases have spiraled out of control, prompting
By Thomas Biesheuvel, Prejula Prem and Annie Lee (Bloomberg) — The super-charged rally in commodity prices has made shipping more expensive than any
By Hugh Bronstein and Maximilian Heath (Reuters) – Argentine soy and corn harvesting is being driven by ideal weather conditions but the lack of rain
May 5 (Reuters) – The Baltic exchange’s main sea freight index rose on Wednesday, its highest since mid-2010, boosted by gains across vessel
By Jonathan Saul LONDON, April 30 (Reuters) – A lack of orders for new ships is providing further support to the dry bulk freight market as demand for
By Jonathan Gilbert (Bloomberg) — Argentine farmers struggling to ship their crops through increasingly shallow rivers may soon face a new obstacle: One
April 28 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Wednesday
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