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BIBO or "Bulk In, Bags Out" bulk carriers are equipped to bag cargo as it is unloaded. CHL Innovator , shown in the photo, is a BIBO bulk carrier. In one hour, this ship can unload 300 tons of bulk sugar and package it into 50 kg sacks [ 34 ]
For example, bulk coal long-distance rates in America are approximately 1 cent/ton-mile. [2] So a 100 car train, each carrying 100 tons, over a distance of 1000 miles, would cost $100,000. On the other hand, Intermodal container shipping rates depend heavily on the route taken over the weight of the cargo, just as long as the container weight ...
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.
While a rate drop-off in the new year is typical because the Chinese New Year decreases demand in the world's largest economy, what is uncommon here is the magnitude of Dry Bulk Shipping Rates ...
In the following video, Motley Fool industrials analyst Blake Bos takes a look at the big spike in dry bulk shipping rates recently, up 40% since the beginning of June. Blake tells investors why ...
Shares of a host of shipping companies are getting a big boost today on a report from Bloomberg that the 2013 outlook for shipping rates, especially for iron ore, are set to rise substantially ...
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