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Baltic Dry Index Continues Freefall

Feb 1 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, touched a new all-time low on Monday as concerns of weak global demand and vessel oversupply weighed on the sector. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, […]

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WP_Post Object ( [ID] => 104043 [post_author] => 4 [post_date] => 2016-02-01 14:21:31 [post_date_gmt] => 2016-02-01 14:21:31 [post_content] =>

Photo: Shutterstock/Volodymyr KyrylyukFeb 1 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, touched a new all-time low on Monday as concerns of weak global demand and vessel oversupply weighed on the sector. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, […]

The post Baltic Dry Index Continues Freefall appeared first on gCaptain.

[post_title] => Baltic Dry Index Continues Freefall [post_excerpt] =>

Photo: Shutterstock/Volodymyr KyrylyukFeb 1 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, touched a new all-time low on Monday as concerns of weak global demand and vessel oversupply weighed on the sector. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, […]

The post Baltic Dry Index Continues Freefall appeared first on gCaptain.

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