Freight rates are raring to go after a long break of the Lunar New Year. With cargo volume returning in the Asia-Pacific and Atlantic capesize market, and strong bids seen in the supramax paper market, the Baltic Dry Index (BDI) has climbed to a three week high on Thursday, 22 February at 1,167, up 21 points at day-on-day basis.
News ID: 78662 Publish Date : 2018/02/27
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Friday, as gains in capesize rates failed to offset lower rates for panamax and smaller vessels.
News ID: 73772 Publish Date : 2017/05/06
Dry bulk freight market
Baltic Dry Index (BDI) has given the market participants a run of their money by staying at the 1,290 points consistently for most of the time after the Easter break before settling for a slide to 1,278 points on Wednesday, 19 April.Baltic Dry Index (BDI) has given the market participants a run of their money by staying at the 1,290 points consistently for most of the time after the Easter break before settling for a slide to 1,278 points on Wednesday, 19 April.
News ID: 73565 Publish Date : 2017/04/23