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Baltic Dry Index closes week 24 points under 1986 lowest level

The Baltic Dry Index (BDI) ended the week at 24 points below its 1986 low, closing at 530 points.

Marcus Hand, Editor

February 14, 2015

1 Min Read
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Having hit an all time low of 553 points on Wednesday the BDI fell sharply on Thursday and Friday to end at 530 points.

With the Lunar New Year holidays closing most Asian markets from mid-next week, a traditionally weak time for dry bulk shipping, further falls could be on the cards in the coming days.

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Baltic Dry Index

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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