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Wow, Does anyone know what this means for the dry baltic index. A bunch of shipping companies look like they are pretty close themselves to bankruptcy.
by MollyR 10y ago
Wow, Does anyone know what this means for the dry baltic index. A bunch of shipping companies look like they are pretty close themselves to bankruptcy.
- pcurve 10y agoIt looks like an effortless climb back up to 1000-1500.
- deleted 10y ago[deleted]
- macmac 10y agoAbsolutely nothing. Baltic Dry only covers bulk carriers. Hanjin's fleet of bulk carriers consists of only 22 vessels.
- etimberg 10y agoCould look at HARPEX http://www.harperpetersen.com/harpex/harpexRH.do?timePeriod=Total&&dataType=Harpex&floatLeft=None&floatRight=None http://www.harperpetersen.com/harpex/harpexRH.do?timePeriod=... which tracks container freight. It does not have as much historical data though
- TorKlingberg 10y agoIs there some new internet trend to obsess over the Baltic Dry Index?
- confluence 10y agoYes, it's what happens when too many people read zerohedge because they think it makes them smart.