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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.
The Freightos International Freight Index was first launched as a weekly freight index in early 2017. [7] The Freightos Baltic Index has been in wide use since 2018. [8] It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
The Baltic Exchange's main sea freight index inched higher on Wednesday, helped by an uptick in rates for panamax vessels, but sentiment remained negative as the coronavirus outbreak disrupted ...
The Baltic Exchange (incorporated as The Baltic Exchange Limited[1]) is a membership organisation for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts. Situated since Edwardian times at 24–28 St Mary Axe, London EC3, the building was destroyed by a bomb in 1992.
The Baltic Exchange's main sea freight index retreated on Friday, but still notched up an over 9% weekly rise driven by strong overall gains in the capesize segment. * The Baltic dry index ...
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday as rates for larger vessel segments increased. * The overall index, which ...
* The panamax index, which has not seen a single day of gains since over a month, slipped 67 points, or 5.2%, to 1,217 points, a 21-month low. Weak demand across vessels drags Baltic index to ...
Baltic Dry Index measures the cost for shipping goods such as iron ore and grains. The trading volume of dry freight derivatives, a market estimated to be worth about $200 billion in 2007, grew as those needing ships attempted to contain their risks and investment banks and hedge funds looked to make profits from speculating on price movements.