Baltic Dry Index
SCI, GE Shipping in focus as Baltic Dry Index up 47% in 1-mth; time to buy?
The Baltic Dry Index now quotes at a 8-month high. Technical charts hint at a potential 36 per cent upside for select shipping stocks like SCI, Dredging and Seamec. Details here
 "SCI, GE Shipping in focus as Baltic Dry Index up 47% in 1-mth; time to buy?")
GE Shipping, SCI soar up to 12% on heavy volumes in weak market
Share price of Shipping Corporation of India has rallied 12% to ₹230.50, while Great Eastern Shipping surged 7.5% to ₹1,047.25 in intra-day trade, as compared to nearly 1% decline in BSE Sensex.
Gain for shipping players as Baltic Dry index touches 10-year high
Shipping Corporation of India, Great Eastern Shipping, Tolani Shipping, and Essar Shipping are into bulk carriers along with other segment fleets in the domestic market
 "Gain for shipping players as Baltic Dry index touches 10-year high")
Covid-19 impact: Tanker rates boom as demand for oil storage surges
Vessel charges jump up to seven times to $160,000-170,000 per day since February
 "Covid-19 impact: Tanker rates boom as demand for oil storage surges")
Good days ahead for the global dry bulk market
With global dry bulk trade in uptick mode, good days lie ahead for BDI
 "Good days ahead for the global dry bulk market")
Shipping firms look for operational equilibrium as Baltic Index recovers
The benchmark for dry bulk segment expected to rise with scrapping of old and fuel-consuming vessels correcting supply issues
 "Shipping firms look for operational equilibrium as Baltic Index recovers")
