What is the Baltic Dry Index today?
| Price | Day | |
|---|---|---|
| Baltic Dry | 2,067.00 | -0.29% |
| CRB Index | 307.07 | 0.94% |
| LME Index | 3,751.40 | 0% |
| S&P GSCI | 3,673.52 | 0% |
What are the routes taken into account for calculating the BFI?
It is calculated by the Baltic Exchange, based in London, a key market for the global shipping business. Description: BFI is a weighted average based on 11 international ship routes and three commodities – coal, iron ore and grain. It reflects on the freight and charter rates of these commodities on these routes.
What is the Baltic Sea index?
The Baltic Dry Index (BDI) is an economic indicator issued daily by the London based Baltic Exchange. Not restricted to Baltic Sea countries, the index provides an assessment of the price of moving the major raw materials by sea.
What is FBX freight?
FBX stands for Freightos Baltic Index. It is the leading international Freight Rate Index, in cooperation with the Baltic Exchange, providing market rates for 40′ containers (FEUs).
What are the best shipping stocks to buy right now?
Golden Ocean Group Limited (NASDAQ:GOGL)
Should I buy Matx stock?
The consensus among 1 Wall Street analyst covering (NYSE: MATX) stock is to Strong Buy MATX stock.
Why is the Baltic Dry Index rising?
* Shipping analysts have attributed the recent rally in the dry bulk market to global shipping constraints, port congestion in China due to COVID-19 and an overall rebound in commodities demand. * The capesize index increased by 207 points, or 3%, to 7,600, hitting its highest in nearly 12 years.
What is FEU shipping?
FEU is an acronym used in logistics, which means ‘Forty Equipment Unit’.
What is FBX01?
Save FBX01 Asia to West Coast FBX stands for Freightos Baltic Index, a series of indices compiled by Freightos and the Baltic Exchange. They measure the daily, 40-foot container rates by freight forwarders for 12 main shipping routes through Asia, Europe, and the Americas.
What is the Baltic Sea Cycle Route?
The Baltic Sea Cycle Route takes in the most stunning parts of southern Denmark, including both the west and south of Sjælland (Zealand), Møn, Lolland, Falster, Fyn, Lillebælt and Sønderjylland (southern Jutland). The 14-stage journey of the Baltic Sea Cycle Route will leave you awestruck with its beauty and full to the brim of life-long memories.
What are the roads like in the Baltic states?
Roads in the Baltic States are, for the most part, very well maintained. Traffic jams are infrequent, especially outside of the main cities. Be sure to drive on the right. There are plenty of parking spaces in the cities at both private car parks and meters.
Where do the ferries go in the Baltic Sea?
As the data shows, the southern Baltic Sea has many more ferries traveling short distances, for example the many crossings between the north coasts of Germany and Poland with Denmark and Sweden. In the northern Baltic Sea, the name “ferry” is used, however “overnight cruise” would be more realistic.
What is the significance of the Baltic Sea?
The Baltic Sea is one of the busiest passenger shipping areas in the world. The nine countries bounding the Baltic Sea have well-developed ferry connections to each-other. This list includes all international ferries in the Baltic Sea region.