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RMS Baltic was an ocean liner of the White Star Line that sailed between 1904 and 1932. At 23,876 gross register tonnage, she was the world's largest ship until May 1906.She was the third of a quartet of ships, all measuring over 20,000 gross register tons, dubbed The Big Four, the other three being RMS Celtic, RMS Cedric, and RMS Adriatic.
Worldscale is a unified system of establishing payment of freight rate for a given oil tanker's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship.
Pages in category "Ship chartering" The following 22 pages are in this category, out of 22 total. ... Baltic Dry Index; Baltic Exchange; Bareboat charter; Bill of ...
The Baltic Dry Index (BDI), a shipping freight-cost index which reflects the demand for shipping capacity versus the supply of dry bulk carriers, is generally seen as a leading indicator of economic activity, because changes in the index reflect global supply and demand for commodities and raw materials used in manufacturing. A falling BDI can ...
The Baltic Sea Shipping Company (BMP) traces its history from the Saint Petersburg- Lübeck Society of Steamships, founded in 1830.. On January 26 (February 8), 1918, the Council of People's Commissars of the RSFSR adopted a decree on the nationalization of the sea and river fleet, in accordance with which the Main Directorate of Water Transport of the Supreme Council of the National Economy ...
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A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.
On 21 May 2008 the index reached its record high level since its introduction in 1998, reaching 11,793 points. Half a year later, on 5 December 2008, the index had dropped by 94%, to 663 points, the lowest since 1986.