|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03.09.26 - 21:51
|
Baltic Dry Index Nears Breakout As "Perfect Storm" In Global Shipping Emerges (ZeroHedge)
|
|
|
Baltic Dry Index Nears Breakout As "Perfect Storm" In Global Shipping Emerges
The daily benchmark measuring the cost of shipping raw materials across major global maritime routes is breaking out to a nearly three-year high this week, as Bloomberg reports that typhoons are squeezing the supply of Capesize vessels just as mining companies increase iron ore shipments across the Pacific and Atlantic.
The Baltic Dry Index, which tracks freight rates for several vessel classes, including Capesize, Panamax and Supramax vessels, jumped 5.5% to 3,331 points in London on Wednesday, its highest level since December 2023. The index is nearing a technical breakout as analysts at brokerage Thurlestone Shipping warn that a "perfect storm" is developing.
"We see the current surge as something of a perfect storm, with vessel supply tightening and demand firing in both basins at the same time," Thurlestone Shipping analysts said.
Maritime operations in the Pacific have been disrupt...
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
