Supply Chain Council of European Union |

Dry freight index retreats again – Diana Shipping Inc. (NYSE:DSX)

The Baltic Dry Index fell 0.5% to 1,357 points in London. The BDI now stands about 46% below the 52-week high of 2,518 points struck just 13 weeks ago as lower demand for iron ore and coal shipments continues to impact rates.

Panamax rates fell 1.69% to lead the index lower today after Capesize rates edged out a small gain.

Related stocks: Diana Shipping (NYSE:DSX), DryShips (NASDAQ:DRYS), Eagle Bulk Shipping (NASDAQ:EGLE), Navios Maritime Holdings (NYSE:NM), Navios Maritime Partners (NYSE:NMM), Globus Maritime Limited (NASDAQ:GLBS), Safe Bulkers (NYSE:SB), Scorpio Bulkers (NYSE:SALT), Star Bulk Carriers (NASDAQ:SBLK), Golden Ocean Group Limited (NASDAQ:GOGL), Seanergy Maritime (NASDAQ:SHIP), EuroDry (NASDAQ:EDRY), Genco Shipping & Trading (NYSE:GNK).

Related ETFs: SEA, BDRY

Related posts

Target plans huge new shipping hub in North Fort Worth


OLG welcomes drive for greater digitalisation in seafarer training


Maersk Line to Electrify North American Operations With Swedish Trucks