Baltic Dry Index

A falling BDI indicates lower demand for ships to transport goods, mainly dry bulk such as coal, iron ore, cement, fertilisers. These are mainly raw materials for finished goods indicating a slowing growth for the global economy

Chart of the Day | Growth is slowing, but some prices keep rising

China’s manufacturing shows a deceleration, but the Baltic Dry Index keeps rising

Will high Baltic Dry Index and its correlation with markets hold this time? 

A high Baltic Dry Index this time around has more to do with supply-side issues and logistical logjam hurdles which will keep inflation high

Comment | The Baltic Dry Index is capsizing

The Baltic Dry Index has fallen sharply after the Vale dam incident in 2019 and also due to global developments that have affected trade

Is it time to load up on shipping stocks? Baltic Dry Index signals as much

After a long break, Baltic Dry Index, which tracks global shipping rates, has once again started to move. It had corrected almost 95 percent from the levels of 12,000 in May 2008.

How a China slowdown could spark a shipping M&A wave

Neptune Orient Line, owned by Singapore's state fund Temasek Holdings, over the weekend announced that it has entered exclusive talks with, France's CMA CGM—the world's third largest container shipping line—over a potential takeover

Shipping stocks jump 5-6% as Baltic Dry Index hits yr-high

BDI is an indicator for the bulk shipping industry. It tracks a number of shipping routes and the prices paid for transporting major bulk commodities. It‘s useful for assessing the outlook of global trade. A rising BDI is positive for the shipping industry.

Positive about Q3; will be able to maintain momentum: SCI

AK Gupta, chairman and MD, Shipping Corporation of India (SCI) details his company‘s second numbers. He is positive about the third quarter and says SCI will be able to maintain momentum.

Not exiting but looking at restructuring container biz: SCI

The country's largest ocean liner reported a net profit of Rs 49.60 crore for the first quarter ended June 2014. It had reported a net loss of Rs 98.70 crore during April-June quarter of the last fiscal.

Will meet operating expenses via freight hikes: SCI

AK Gupta, CMD, Shipping Corporation of India is looking to raise cash from other resources such as ship building orders. The company‘s current debt stands at around Rs 8,500 crore levels.

Shipping monthly report - August 2013: ICICIdirect

ICICIdirect has come out with its monthly shipping report for August 2013. " Offshore vessels utilisation continues to remain at elevated levels with utilisation for drillship and jack-up perking up considerably in July 2013. We believe the trend will continue with a marginal improvement, thereby supporting charter rates", says the research firm.

Mecklai Graph: Baltic Dry Index`s confusing signals

Mecklai graph of the day: The Baltic Dry Index`s confusing signals. The rise in the Baltic Dry Index is an indication of a stronger demand for commodities. When the shipments increase, economies tend to do well and vice-versa.

KYI: Here are stock tips to play the market right

Is your money parked right to buffer the loss from market volatility? Sudip Bandyopadhyay, MD and CEO of Destimoney Securities answered queries that you wrote to us on our Facebook page.

Equity mkt to head higher, commodities attractive: IG Mkts

Justin Harper of IG Markets spoke to CNBC-TV18 about news flow from across the globe that is influencing the Indian market. Check out his comments.

Vessel oversupply crashed rates, Baltic Dry Index: SCI

Speaking to CNBC-TV18, S Hajra, chairman and managing director of Shipping Corporation of India says that an oversupply of vessels is what hurt the Baltic Dry Index that tanked nearly 60% in one month.

Fall in baltic dry index worrisome for shipping cos

The Baltic Dry Index (BDI), a measure of costs for major shipping commodities on Friday fell to its lowest level in more than 25 years as sluggish demand prompted ship owners to not deploy vessels