Dry bulks: Can the boom resume?
Looking for what’s ahead in the dry bulk shipping markets? The thermometer usually used to measure the health of the dry bulk market is the Baltic Dry Index, and through the first
Search Results for: Baltic Dry Index
Baltic Exchange and Freightos launch container shipping index
APRIL 26, 2018 — The Baltic Exchange and digital container freight platform Freightos have reached an agreement that will provide the global container shipping industry with an independent, audited benchmark The Freightos
Baltic Exchange tweaks BDI weightings, drops Handysize
FEBRUARY 1, 2018 — The Baltic Exchange is making changes to the Baltic Dry Index (BDI), the generally accepted measure of the health of the dry bulk shipping market. The changes come
Baltic Exchange to develop LNG shipping index
JANUARY 12, 2018 — Following an approach by leading Baltic Exchange LNG shipbroking companies, the Baltic Exchange is looking to develop a new Liquefied Natural Gas (LNG) Index comprising several routes for
Five dry bulk owners form Capesize chartering JV
FEBRUARY 10, 2015 — With the Baltic Dry Index probing new lows, five major bulker operators have formed a new joint venture company, Capesize Chartering Ltd. The five are: Bocimar International NV,
Bulkers: major charterers push for greener tonnage
Recently, the Baltic Dry Freight Index, the main measure of bulk carrier market health, has been hovering around 11-year highs. Demand has been sustained by fundamentals, such as an increase in Chinese
Cleaves is still bullish on bulkers
In its latest weekly report, Oslo-headquartered Cleaves Securities, says it “still sees plenty of upside left” for dry bulk operator stocks. Noting that dry bulk shipping has skyrocketed since last October, the
Why Cleaves is bullish on bulkers
The latest weekly report from Oslo-headquartered Cleaves Securities makes some optimistic predictions for the dry bulk sector. Noting that the Baltic Dry Index reached 3,053 points on Friday, the highest level since
Green shipping will continue to attract investors
JANUARY 4, 2019 — Shipping will continue to attract investors in 2019 if it fulfills its ESG (environmental, social and governance) responsibilities, in the opinion of Richard Greiner, a partner in the
Clarksons warns of “materially lower” profits
JULY 5, 2016 — Shipbroking giant Clarksons plc is warning that it expects profits for 2016 will be materially lower than the full year 2015. Since its AGM, says the company, its