Category: BDI

A New Hope

The Baltic Dry Index has been falling for months, but that may be changing. If you look closely, the index has registered its first X since September. This is a good sign for the badly beaten shipping sector, as well as the global economy. For those unfamiliar with the BDI, it is a benchmark for…


State Of The Market

A few market signs for the lost. The following precipitous graph is an example of the impact the financial crisis is having on the real economy. The BDI indicates how much shippers get paid for carrying freight. Due to the unwillingness of banks to write letters of credit for merchandise, shipping is mired in a…