Seeking Alpha

poor&unemployed » Comments » CKH

  • The Gurus and the Little-Known Shipping Metric [View article]
    Are others like SECOR and OSG even remotely correlate to BDI? Like I have stated many times on this board, taking BDI seriously is like asking NAR on the housing sales.

    Can someone explain the related party charters affecting BDI?

    eg. A large charterer has a panamax on longterm charter at $50k/day. When that vessel is chartered to his related company at spot market rate of $30K / day - is that a real rate while number of other vessels are willing to do the business at $10K or less.


    On Jun 15 10:48 AM bdp1ConsultingLtd wrote:

    > DSX has ties to the Baltic Dry Index, but its ships are mainly hedged
    > out on timecharters now so the relationship is not day to day. TBSI
    > may have ever so slight relationship if its multipurpose ships find
    > their way into the spot market. But the others are not impacted by
    > the Baltic Dry Index.
    >
    > There are also a group of tanker indices published by the Baltic
    > Exchange which you might investigate.
    >
    > Barry Parker
    Jun 15 15:08 pm |Rating: 0 0 |Link to Comment
More on CKH by poor&unemployed
Comments by Ticker
poor&unemployed's
Comments Stats
72 comments
Rating: 27 (54 - 27 )