poor&unemployed

The Gurus and the Little-Known Shipping Metric

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

Baltic Dry Index Signaling a Market Bottom?

BDI will make all time high by end of 2009, I will be billionaire and media will compare me to Warren.

If not life will go on for this poor and unemployed!

3 Shippers Buoyed by Positive Movement from the Baltic

Because it isn’t traded, the BDI cannot be moved artificially.
======================...
Do you even know how they calculate BDI?
Do you know which old men decide what the index would be on any given day?
Do you know anything about this business or any other business?

I am surprised they actually allowed you to post here.