Freight: 30m dwt of scrapping needed
With newbuilds arriving faster than owners are able to scrap their old carriers, the growing oversupply in the dry bulk shipping market is clear. Higher levels of ship scrapping...
Bdi
4 posts · Page 1 of 1
Brexit: BDI to remain stable?
Following the result of last week’s ‘Brexit’ vote many questions regarding its long-term aftermath have arisen, with some predicting a curb in the global economy’s growth. As re...
Shipping market set for multi-year recovery
Despite bouncing back from the historic lows seen in February 2016 (290 points on 10-11 February), the Baltic Dry Index (BDI) continues to experience downward trends, as seen in...
Smaller vessels lead recovery
Although low rates were persisting in the capesize market, higher rates for smaller vessels and an improving Atlantic basin environment pushed up the Baltic Exchange’s main sea ...