Insights and Stories on Baltic Dry Index

Baltic Dry Index hits highest levels in nearly two years

Nov. 18, 2016 at 6:55 pm CST

CNS Canada — The Baltic Dry Index has posted sharp gains over the past month, rising to its highest levels in nearly two years. The BDI settled at 1,257 points on Friday, having gained roughly 400 points over the past two weeks. The index was last this high in November […]

Baltic Dry Index edging higher

Jul. 6, 2016 at 1:59 pm CDT

By Phil Franz-Warkentin

Ocean freight rate index climbs

Mar. 29, 2016 at 5:48 pm CDT

By Phil Franz-Warkentin

Smaller vessels bump up ocean freight index

Feb. 19, 2016 at 2:49 pm CST

By Reuters

Ocean freight index bobs up from recent floor

Feb. 17, 2016 at 5:39 pm CST

By Phil Franz-Warkentin

Baltic index slips to fresh low, demand concerns persist

Feb. 2, 2016 at 7:43 pm CST

Reuters — The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, slipped to another all-time low Tuesday on worries about vessel oversupply and slowing global demand. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and […]

By Reuters

Baltic Dry Index trolls new depths, again

Jan. 28, 2016 at 7:18 pm CST

CNS Canada — The ocean floor remains one of the few unexplored mysteries of the world — but commodity shippers are now exploring how much lower the floor can go for the cost of ocean freight. The Baltic Dry Index (BDI) was quoted at 325 points on Thursday, marking a […]

By Phil Franz-Warkentin

Vessel demand concerns extend Baltic index fall

Jan. 22, 2016 at 5:36 pm CST

Reuters — The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, extended its record low run to a 14th straight session on Friday on persistent vessel glut and weak demand. The overall Baltic Dry Index, which gauges the cost of shipping dry bulk including […]

By Reuters

Ocean freight cost index breaks another floor

Jan. 13, 2016 at 4:00 pm CST

CNS Canada — The Baltic Dry Index (BDI) continues its downward slide, dropping below 400 points for the first time ever as ocean freight rates struggle to find their bottom. The BDI was quoted at 394 points on Wednesday, marking a new low since records began in 1985. The index […]

By Phil Franz-Warkentin

China and vessel glut drive Baltic index to fresh low

Jan. 12, 2016 at 7:45 pm CST

Reuters — The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, slid to a fifth consecutive record low on Monday on economic worries about China and a surplus of vessels. The overall index, gauging the cost of shipping dry bulk cargoes including grain, iron […]

By Reuters

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