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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. 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 ...

  4. 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]

  5. Forward freight agreement - Wikipedia

    en.wikipedia.org/wiki/Forward_freight_agreement

    Dry forward freight agreement (FFA) volumes hit 2,524,271 lots, up 61% on 2020. Options trading in the dry market hit an all-time high of 409,255, up 25% on the previous year. The most heavily traded contract was settled against the Baltic Exchange's panamax timecharter assessment (PTC) which saw 1,202,432 lots traded in 2021.

  6. 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 ...

  7. Will Dry Bulk Remain The 'Wile E. Coyote' Of Ocean Shipping?

    www.aol.com/news/dry-bulk-remain-wile-e...

    Dry bulk has been the "Wile E. Coyote" of ocean shipping for the past decade – forever chasing after profits only to lunge at empty air and repeatedly fall straight off a cliff.Rates for ...

  8. Is This a New Vital Indicator to Follow for Dry Shipping?

    www.aol.com/news/2014-02-11-is-this-a-new-vital...

    Historically, there have been a variety of factors to look for that directly affect shipping rates and the fortunes of companies such as DryShips , Diana Shipping , Safe Bulkers , Baltic Trading ...

  9. Excel Maritime - Wikipedia

    en.wikipedia.org/wiki/Excel_Maritime

    Excel Maritime Carriers Ltd. (NYSE: EXM) is a shipping company specializing in the transport of dry bulk cargo such as iron ore, coal and grains, as well as bauxite, fertilizers and steel products. As of May 2009, it is the largest bulk carrier by DWT of any U.S.-listed company. [3] Approximately one-third of all seaborne trade is dry bulk ...

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