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  2. Baltic Dry Index - Wikipedia

    en.wikipedia.org/wiki/Baltic_Dry_Index

    Baltic Dry Index 1985 - 2022. The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London -based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.

  3. J. Lauritzen A/S - Wikipedia

    en.wikipedia.org/wiki/J._Lauritzen_A/S

    The shipping market is an intensely cyclical industry and both demand for bulk shipping and daily hire rates change greatly over time. The Baltic Dry Index, the major index of dry bulk shipping rates, fell from a peak over 7,000 in 2007 to a low of 648 in March 2012. [15]

  4. Bulk carrier - Wikipedia

    en.wikipedia.org/wiki/Bulk_carrier

    A bulk carrier or bulker is a merchant ship specially designed to transport unpackaged bulk cargo —such as grain, coal, ore, steel coils, and cement—in its cargo holds. Since the first specialized bulk carrier was built in 1852, economic forces have led to increased size and sophistication of these ships. Today's bulk carriers are specially ...

  5. Crossroads For Dry Bulk Shipping: Recovery Or Disaster? - AOL

    www.aol.com/news/crossroads-dry-bulk-shipping...

    This quarter can't end soon enough for dry bulk, the largest freight market in the world by cargo volume.Rates for Capesizes — bulkers of around 180,000 deadweight tons (DWT) that carry iron ore ...

  6. Dry Bulk Shipping Rates Crash the Most in 30 Years. Market ...

    www.aol.com/news/2014-01-29-dry-bulk-shipping...

    The Baltic Dry Index is now down 48% since the start of the new year. While a rate drop-off in the new year is typical because the Chinese New Year decreases demand in the world's largest economy ...

  7. Is the Drybulk Rally Real? - AOL

    www.aol.com/news/2014-01-21-is-the-drybulk-rally...

    Dry bulk shipping companies DryShips , Diana Shipping , and Navios Maritime Holdings rallied strongly at the end of last year as the Baltic Dry Index, which reflects the daily charter rate for ...

  8. Foremost Group - Wikipedia

    en.wikipedia.org/wiki/Foremost_Group

    From 2012 to 2019 its fleet grew from 17 to 33 ships, valued at $1.2 billion, the most valuable of any dry bulk shipper headquartered in the United States. [2] It ordered the construction of 10 bulk cargo vessels in 2017 and 2018, the majority from Japanese shipyards. [17] [3]

  9. Baltic index ends week lower on capesize dip - AOL

    www.aol.com/news/baltic-index-ends-week-lower...

    The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell on Friday as lower rates for capesizes offset gains in the panamax segment. * The ...

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