Trolson

Global Shipping Industry Sees Long Duration Economic Recession

From the article:
l Where will the Baltic Dry Index be at the end of 2009? 13% say under 2000, 63% say between 2000 and 4000, 21% between 4000 and 6000, and 3% say over 6000.

l When will dry bulk shipping capacity reach equilibrium? 5% say 2010, 26% say 2011, 41% say 2012, and 27% say after 2013.

The question is, where will BDI be when shipping capacity reaches equilibrium?
The participants of the poll above apparently beleive that the equilibrium is at 6000 or above. When were these polls taken? After several drinks I guess?

Show Some Respect for Shipping Fundamentals

Extremely simplistic article. Zero information or interesting analysis, just some misleading points like, for example, regarding correlation between the price of commodities and the price of shipping these commodities. What really matters, is the analysis of supply and demand in shipping, that is the supply and demand of ships, but nothing is mentioned in this regard.