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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.
Description. Bulk cargo refers to material in either liquid or granular, particulate (as a mass of relatively small solids) form, such as petroleum / crude oil, grain, coal, or gravel. This cargo is usually dropped or poured, with a spout or shovel bucket, into a bulk carrier ship's hold, railroad car / railway wagon, or tanker truck / trailer ...
At the close of the 2007 financial year, the number of traded lots on dry FFAs doubled the derived physical product. [citation needed] Shanghai Shipping Freight Exchange is the first electronic shipping freight exchange in the world. It has three lines of businesses, including International Dry Bulk, Domestic Coastal Coal, and International ...
The Baltic Dry Index reflects global shipping prices for dry bulk commodities such as iron ore, coal, cement, and grain. Rates are affected by a combination of demand for these commodities, ship ...
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.
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Capesize bulk carrier Cape Elise of 174,124 DWT at Inchgreen quay, Greenock, Scotland, for repairs in March 2014 after being struck by a massive wave. At 289 metres long, it was the largest ship to dock at Greenock in 20 years. Ships in this class are bulk carriers, usually transporting coal, ore and other commodity
Larger capacities for dry bulk include Panamax, Capesize and Very Large Ore Carriers and Chinamax. A handymax ship is typically 150–200 m (492–656 ft) in length, though certain bulk terminal restrictions, such as those in Japan, mean that many handymax ships are just under 190 meters (623 ft) in overall length.