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
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
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
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
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,
