Real World Event Discussions

Hanjin goes bankrupt

POSTED BY: SIGNYM
UPDATED: Thursday, September 8, 2016 20:57
VIEWED: 966
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SIGNYM

Thursday, September 8, 2016 8:57 PM

"It's Bordering Chaos": $14 Billion In Cargo Stranded At Sea, Crews "Go Crazy" On Hanjin Ghost Ships

http://www.zerohedge.com/news/2016-09-08/its-bordering-chaos-14-billio
n-cargo-stranded-sea-crews-go-crazy-hanjin-ghost-ships

Baltic Dry Index

Quote:
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.[1] Taking in 23 shipping routes measured on a timecharter basis, the index covers Handysize, Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain."

https://en.wikipedia.org/wiki/Baltic_Dry_Index

Baltic Dry Index