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Baltic Dry Index 1985 - 2022. The Baltic Dry Index ( BDI) is a shipping freight-cost index issued daily by the London -based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
Shipping stocks have been on the rise as tensions in the Red Sea have reduced container availability — and have sent freight costs higher.
For the quarter, Ford reported revenue of $42.8 billion, beating estimates of $40.04 billion and up 3% compared to a year ago. Ford posted adjusted earnings per share of $0.49, topping forecasts ...
DryShips Inc is a dry bulk shipping company based in Athens, Greece. It is a Marshall Islands corporation, formed in 2004. On October 11, 2019, it was taken private by CEO and Chairman George Economou. As of February 2019, the company is a diversified owner and operator of ocean going cargo vessels that operate worldwide.
Ocean shipping rates on major trade routes have fallen by more than half since the beginning of this year, a potential sign of easing inflation pressures and alleviated supply chain logjams.
Finance News & Latest Business Headlinesaol.com- Yahoo CEO: Why this is the best time for startups to get fundingaol.com
- Fantasy Football Panic Meter, Week 15: Chargers' sinking ship could end playoff runsaol.com
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Shipping markets. The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market.
Angela Chao, the CEO of the dry bulk shipping company Foremost Group and the sister of former Secretary of Transportation Elaine Chao, has died in a car accident, according to the company and...
It was the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwide. In addition, the Group is the largest liner carrier in China. Its container shipping subsidiary – COSCO Container Lines – was one of the world's top 10 container carriers in terms of fleet capacity. COSCO was among China's top 15 ...
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