Tag: Freight Rates

  • Baltic Index Up As Capesize Rates Soar

    Baltic Index Up As Capesize Rates Soar

    The Baltic Dry Index (BDI) is an economic indicator issued by the London-based Baltic Exchange. The index provides an assessment of the price of moving major raw materials by sea, it covers Handysize, Supramax, Panamax and Capesize dry bulk carriers carrying a range of commodities including Coal, Iron ore and grain. The Baltic Exchange’s main…