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Golden Ocean’s merger with CMB.TECH blends a modern dry bulk fleet with cutting-edge green propulsion. Click here to find out ...
The Baltic Dry Index is an economic indicator. It takes an assessment of nearly two dozen major shipping routes to gauge the rate of ships carrying dry commodity goods like coal, iron ore, and grain.
Tuesday's close lower on the Baltic Dry Index marked the thirty-third consecutive decline of the index, an indication of the daily rate for a ship carrying dry bulk goods such as grain, coal and ...
An economic gauge that's highly contentious among investors and economists is the Baltic Dry Index (BDI). Some view it as an outdated index, while others see it as a strong predictive indicator of ...
Dry bulk freighter. Source: Flickr user Roy Luck. The Baltic Dry Index is an economic indicator. It takes an assessment of nearly two dozen major shipping routes to gauge the rate of ships ...
While the Baltic Dry Index is a well-known leading economic indicator, it can sometimes be misleading.
Jeffrey Rothfeder on the Baltic Dry Index, which economists of all stripes have routinely consulted as a trusted proxy for trade activity.
Remember the Baltic Dry Index? It’s a key shipping market index that leapt to prominence five years ago in the wake of the Lehman Brothers collapse. Then, the Index dropped like a stone ...
Yes, the Baltic Dry Index has collapsed: but that's a collapse in the price of shipping, not in the volume of shipping nor of global trade.
The Baltic Dry Index, which tracks freight rates for ships carrying raw materials, has slumped to its lowest point in 29 years, hit by a shipping glut, falling commodity prices and declining ...
The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, rose to a four-week high on Monday, supported by gains across all vessel segments. The ...