Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Baltic Dry Index crosses 7,000 barrier for first time

Baltic Dry Index crosses 7,000 barrier for first time

London: Led by surging supramaxes the Baltic Dry Index increaded seven points to hit 7,000 for the first time yesterday. It was the seventh consecutive session that the BDI has headed north and far outweighs the previous peak of 6,208 back in December, 2004. With the key Australian port of Newcastle announcing yesterday further capacity cuts the index is expected to continue its climb today.  [03/08/07]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.