[Mears]

The Baltic Dry Shipping Index has been on my mind a lot lately.

.

[Parley Baer]

Another sign of a failed Presidency.

[mad_as_he$$]

Of Interest?

[ameribbean expat]

I guess when one runs a website called “The Economic Collapse” there are certain expectations to be met in terms of content.

Here’s my beef: “Global demand for shipping is absolutely collapsing”.

Not true: lease rates on dry bulk carriers may be down, but that’s not the entire shipping market What’s the lease rate on tankers and what percent of the overall shipping market is that?

http://www.koenig-cie.de/en/content/vlcc-200000-320000-tdw

And if the price of oil is down (hardly grounds for an economic collapse to most consumers...), why are the VLCC — very large crude carrier— rates up. The price of the commodity they carry is down, but the daily lease rate is up. How can that be...it’s an economic collapse....

[SkyPilot]

The Dow to respond with a huge rally.

Sanity does not drive our current markets.

[b4its2late]

I was wondering about the Baltic Dry Shipping Index just yesterday. It came up in casual conversation at the dinner table... ;-)

[VanDeKoik]

Just one more thing to weigh on us today.

My 5:30 beer cant come soon enough.

[DainBramage]

When I read Baltic Dry I remembered I’m out of Vodka.

[Paine in the Neck]

Collapse? You want to see a collapse, look at the BDI in January 2009. That's a collapse.

[frithguild]

a straight YOY comparison is not valid because it does not account for excess capacity in the form of Chinese ships manufactured with the same intelligence the squirrels that have built out their housing.

[dangus]

TEC? The Episcopal Church? Translantic Economic Council?