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Today, Wednesday, September 12 2024, the Baltic Dry Index decreased by 36 points, reaching 1927 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1927-down-36-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1927-down-36-points/Iron ore futures prices surged on Thursday to hit their highest in more than a week, as prospects of improved seasonal demand in China outweighed concerns over the top consumer’s economic recovery. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 3.97% higher at 707.0 yuan ($99.25) a ...
https://www.hellenicshippingnews.com/iron-ore-soars-to-over-one-week-high-on-upbeat-seasonal-demand-outlook/
https://www.hellenicshippingnews.com/iron-ore-soars-to-over-one-week-high-on-upbeat-seasonal-demand-outlook/The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Thursday, weighed down by losses in the capesize segment. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 36 points, or 1.8%, to 1,927. The capesize index slipped by 150 points, or ...
https://www.hellenicshippingnews.com/baltic-index-falls-as-capesize-rates-decline-2/
https://www.hellenicshippingnews.com/baltic-index-falls-as-capesize-rates-decline-2/In what appears to be a structural market swift, Ultramax dry bulk carriers appear to have an edge over their Kasmarmax counterparts. In its latest weekly report, shipbroker Intermodal said that “the past week closed with the Kamsarmax sector once again emerging as the most underperforming segment in terms of average time-charter equivalent (TCE) with ...
https://www.hellenicshippingnews.com/ultramaxes-edging-out-kamsarmaxes/
https://www.hellenicshippingnews.com/ultramaxes-edging-out-kamsarmaxes/Dalian iron ore futures prices dipped on Friday but logged a weekly rise, as the prospect of fresh Chinese stimulus and a recovery in steel demand lifted market sentiment amid the top consumer’s faltering economic recovery. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.29% lower at ...
https://www.hellenicshippingnews.com/dalian-iron-ore-posts-weekly-gain-on-china-stimulus-hopes-upbeat-steel-demand-outlook/
https://www.hellenicshippingnews.com/dalian-iron-ore-posts-weekly-gain-on-china-stimulus-hopes-upbeat-steel-demand-outlook/The Baltic Exchange’s main sea freight index fell on Friday and was on its way for its first weekly decline in five weeks on Friday, pressured by a dip in the capesize segment. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, declined 37 points, or 1.9%, to 1,890. The ...
https://www.hellenicshippingnews.com/baltic-index-en-route-to-weekly-fall-as-capesize-dips/
https://www.hellenicshippingnews.com/baltic-index-en-route-to-weekly-fall-as-capesize-dips/The U.S. State Department accuses a Kremlin news outlet of working hand-in-hand with the Russian military and running fundraising campaigns to pay for equipment for soldiers fighting in Ukraine.
https://www.npr.org/2024/09/14/g-s1-23036/us-russian-state-media-sanctionsConcern is growing that inflammatory rhetoric about Haitians could escalate into actual violence – something that many have traveled hundred of miles to escape.
https://www.cnn.com/2024/09/12/politics/springfield-ohio-migrants-jd-vance/index.html