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To: combat_boots

While the Nikkei is an issue, the Baltic Dry index is not. Here is why:

The BDI is based on the availability of vessels to match cargo. Let us assume 10 vessels, and 11 loads of cargo. The BDI will go up greatly because of the shortage of carriers. However, let us assume 10 vessels, and 9 loads of cargo. The BDI will sink.

There has been a great overbuilding of vessels lately, so the BDI is not a good analysis of anything. Better if we had a raw tonnage-needed number.


484 posted on 02/09/2016 3:38:35 PM PST by Lazamataz (I'm an Islamophobe??? Well, good. When it comes to Islam, there's plenty to Phobe about.)
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To: Lazamataz; combat_boots

Here, this should help you;

Marine Traffic Map

http://www.marinetraffic.com/en/ais/home/centerx:60/centery:56/zoom:2


671 posted on 02/09/2016 4:22:28 PM PST by WTFOVR (I find myself exclaiming that expression quite often these days!)
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