Market Reports

10 December

Baltic Dry Index Week 49

Market Reports, 10/12/2018

BDI – Baltic Dry Index The Baltic Dry Index (BDI) is a shipping and trade index created by the London-based Baltic Exchange that measures change in the cost of transporting various raw materials. The exchange directly contacts shipping brokers to assess price levels for a given route, a product to transport and time to delivery, or speed. The index consists of the Capesize index (BCI), Panamax index (BPI) and Supramax index (BSI), all created by Baltic Exchange. BDI – Week 49 It seems that the dry bulk markets have stabilized after the week November market. Capesize earnings kept front-running also.

23 November

Baltic Dry Index Week 47

Market Reports, 23/11/2018

BDI – Baltic Dry Index The Baltic Dry Index (BDI) is a shipping and trade index created by the London-based Baltic Exchange that measures change in the cost of transporting various raw materials. The exchange directly contacts shipping brokers to assess price levels for a given route, a product to transport and time to delivery, or speed. The index consists of the Capesize index (BCI), Panamax index (BPI) and Supramax index (BSI), all created by Baltic Exchange. BDI – Week 47 The first part of the week was challenging, especially for the Capes with slowing demand on iron ore imports.

16 November

Baltic Dry Index Week 46

Market Reports, 16/11/2018

BDI – Baltic Dry Index The Baltic Dry Index (BDI) is a shipping and trade index created by the London-based Baltic Exchange that measures change in the cost of transporting various raw materials. The exchange directly contacts shipping brokers to assess price levels for a given route, a product to transport and time to delivery, or speed. The index consists of the Capesize index (BCI), Panamax index (BPI) and Supramax index (BSI), all created by Baltic Exchange. BDI – Week 46 The Chinese import disruptions has had a massive impact on the dry bulk market in recent weeks. This week.

19 October

Shipping – Stories of Week 42

Market Reports, 19/10/2018

Crude Oil – Aframax charter rates on fire According to Norwegian brokerage firm Arctic Securities Aframax charter rates have exploded this week, pushing average monthly rates up 158%. Aframax is often referred to as the “work horse” among tankers, as it’s the preferred vessel size for oil companies and refineries. The higher demand from refineries has moved charter rates above $30.000 per day in several areas this week, and the demand is expected to maintain on higher levels throughout the year. This is good news for owners on the back of a long downward trend, and a quick recovery in.

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