Provides news mainly regarding shipping and maritime trade, as well as all relative sectors such as ports, freights and commodities, energy-oil and of course stock markets and the global economy.
Bunker prices from major ports of the world, stockmarket information and indices, commodities trading information, shipping futures trading (Imarex) and other relative data, all for free
The Baltic Dry Index is a daily average of prices to ship raw materials. It represents the cost paid by an end user to have a shipping company transport raw materials across seas on the Baltic Exchange, the global marketplace for brokering shipping contracts.
The Baltic Exchange is similar to the New York Merc in that it is a medium for buyers and sellers of contracts and forward agreements (futures) for delivery of dry bulk cargo.
Third Quarter and Nine Months 2008 Financial Results