Free Republic

Following The Bouncing Baltic Dry Index by: Hard Assets Investor February 16, 2010 Julian Murdoch Mid-February may seem like an odd time to look at 2009's shipping year in review. But as we enter earnings reporting season, now is actually the ideal time to revisit the things that were for shipping companies, as well as look ahead to what may come. And 2009 was a heck of a year. Just look at the Baltic Dry Index: As we've discussed previously, the Baltic Dry Index [BDI] gives an idea of the spot price for hiring a commodity-carrying ship at a given...

Gold closed at 1192.90 up $23Baltic Dry index turned downDollar down against the Euro and the Swiss Franc. Is this the beginning of the actual Collapse or can the FED and Goldman push enough money around to cap this for another day?

Drewry Calls Dry Bulk Recovery Temporary Peter T. Leach | May 21, 2009 2:47PM GMT The Journal of Commerce Online - News Story Container Lines | Maritime | Container Shipping | Asia Consultant warns against false dawn in shipping sector Drewry Shipping Consultants is warning against a false dawn in the dry bulk shipping sector. The sector will have to dig itself in for a long recession, it said in its quarterly Dry Bulk Forecaster, which was published this week. The London consulting firm said that although the steep decline in market indicators seems to have reached the bottom, the...