Tag: baltic dry index

March 24, 2014

Using the Baltic Dry Index as a Market Indicator

The Baltic Dry Index, which assesses the price of moving major raw materials by sea, is a leading market indicator.
May 22, 2013

Iron Ore Shipping Rates Fall

Bloomberg reports that rates to ship iron ore fell for a ninth day on speculation Chinese steelmakers will cut back...
February 21, 2012

The Commodity Investor: Tracking the Global Economy – The Baltic Dry Index

The Baltic Dry Index is an important tool to measure economic activity and a key indicator of the commodities markets....
September 21, 2011

Iron Ore Ship Rents Climb on Port Congestion, Japan Steel Demand

Bloomberg reported returns for capesize ships that haul iron ore and coal advanced for a second session, with increased demand...
September 1, 2011

Rio Tinto Pays Highest Fee This Year to Charter Iron Ore-Carrying Capesize

Bloomberg reports Rio Tinto Group (NYSE:RIO,LON:RIO,ASX:RIO) paid this year’s highest rent for a capesize vessel to carry iron ore to...
September 1, 2011

Baltic Dry Index Soars — Dry Bulk Shipping Stocks

The Bedford Report reports on the Shipping Industry and provides investment research on DryShips, Inc. (NASDAQ:DRYS) and Genco Shipping &...
January 4, 2011

Queensland’s Flooding May Cut Freight Rates

Bloomberg.com reports that freight costs have plummeted in Queensland, as coal producers have been unable to provide cargo.