Insights and Stories on BDI

Baltic Dry Index edging higher

Jul. 6, 2016 at 1:59 pm CDT

CNS Canada — The Baltic Dry Index is edging back to levels not seen in over two months, and could be due for more strength, as seasonal trends often see the index rise during the summer and fall. The BDI settled at 694 points on Wednesday, having gained over 100 […]

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 Dry Index trolls new depths, again

Jan. 28, 2016 at 7:18 pm CST

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

Baltic Dry Index continues downward slide

Jan. 7, 2016 at 3:27 pm CST

CNS Canada — A downtrend in ocean freight rates shows no sign of letting up, as the Baltic Dry Index again hit fresh historic lows. The Baltic Dry Index (BDI) was quoted at 445 points on Thursday, marking a new low since records began in 1985. The index was trading […]

By Phil Franz-Warkentin

Ocean freight rate index at historic low, again

Dec. 17, 2015 at 6:25 pm CST

CNS Canada –– The Baltic Dry Index, which gauges the price of moving grain and other goods by sea, is down to new historical lows, less than a month after setting the former floor. The BDI, compiled daily by the London-based Baltic Exchange, was quoted at 471 points on Wednesday […]

By Phil Franz-Warkentin

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