BALTIC INDEX HITS LOWEST IN SIX WEEKS FELL FOR 12TH STRAIGHT SESSION
Baltic dry index

BALTIC INDEX HITS LOWEST IN SIX WEEKS FELL FOR 12TH STRAIGHT SESSION

*The index fell 12.8% over the week capesize index down 22.5% *World GDP is forecast at 3.3% for 2022, down from 5.8% in 2021 The Baltic Exchange’s dry bulk sea freight i ....

BDI HAS DECLINED BY 57% IN 5 WEEKS STILL GOING DOWN
Baltic dry index

BDI HAS DECLINED BY 57% IN 5 WEEKS STILL GOING DOWN

*If expectations about future demand change and producers reduce their raw materials demand then the BDI will drop *An unconditional signal that the current sharp decline in BDI ....

BALTIC DRY INDEX RISING SEVENTH STRAIGHT SESSION REACHING HIGH 4092 POINTS SINCE JUNE 2010
Baltic dry index

BALTIC DRY INDEX RISING SEVENTH STRAIGHT SESSION REACHING HIGH 4092 POINTS SINCE JUNE 2010

*Average capesize spot rates have risen by almost $10,000 over the course of last week *Brazilian miner Vale fixed capesizes for China trips at the remarkable level of $40 per t ....

DRY BULK VESSEL FREIGHT SOARED TO ITS HIGHEST IN 11 YEARS
Baltic dry index

DRY BULK VESSEL FREIGHT SOARED TO ITS HIGHEST IN 11 YEARS

*Baltic dry index will go through 4,000 and keep going into 2022 *Brazil-China rates for loading in mid-June to early July at $26-27 The Baltic Exchange's freight index soa ....

SHIPPING RATES HAD JUMPED 38% ON SUEZ CANAL CRISIS
Baltic dry index

SHIPPING RATES HAD JUMPED 38% ON SUEZ CANAL CRISIS

*The panamax index advanced to 3,058 on 21 March, its highest since August 2010 *Longer-term trends in the dry bulk market are not ones which support a prolonged upturn Everg ....