BDI Down Slightly

Wednesday, April 12, 2000
The Baltic Dry Index (BDI) was down 3 points on Wednesday to 1,681, Panamax up 3 to 1,516, Capesize down 15 to 2,354 and the Handy up 3 to 1,184 points. Softer rates in the Atlantic caused the decline in the Capesize index by 15 points, the first fall since March 24, but leaving the index with a net gain of 540 points since the start of the year. Firmer rates for Panamaxes were seen in the Atlantic with Cargill taking the 1995-built Stalo 73,000 dwt delivery Morocco mid-April trip via East Coast South America redelivery Skaw-Passero at $11,600 daily. Also, unnamed Far Eastern charterers fixed the 1988-built Hanza 70,200 dwt delivery Italy spot for a trip via US Gulf or Brazil to the Far East at $11,500 daily. Brokers reported strong demand for Lakesize tonnage but details of fixtures were yet to surface.
Maritime Reporter August 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Bulk Carrier Trends

Redwood City Sees Cargo Movement Boost

Port of Redwood City reports 19% increase in cargo movement; highest since 2006 and third highest in modern history Reflecting a significant increase in construction

Nordic American Offshore Declares 2Q Dividend

Nordic American Offshore Ltd. announced that its Board of Directors has declared a dividend of $0.45 per common share for the second quarter 2014. This is the same as for the first quarter 2014.

Vale Profit Falls Amidst Record Output

Brazilian miner Vale SA posted a sharp decline in profit from the previous quarter as lower iron ore prices undermined record production of the steel-making ingredient.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0882 sec (11 req/sec)