Good article. I would like to add, is there any way of including data regarding ship building. Such project take years to complete, so would affect the BDI the same way as availability of rigs would to oil fields. This could explain some of the divergences....
Rethinking the Baltic Dry Index [View article]
I would like to add, is there any way of including data regarding ship building. Such project take years to complete, so would affect the BDI the same way as availability of rigs would to oil fields.
This could explain some of the divergences....