Baltic Trading LTD

Dahlman Rose has issued its Martime Report that benchmark 4Q2010 iron ore prices will be finalized this week, with average spot prices just under $137/ton, which is an $18/ton discount to Chinese spot levels, leaving the dry bulk market well positioned for the coming months, Dahlman reports. Here...

Baltic Trading LTD (NYSE: BALT) shares were down slightly on Wednesday from its IPO price of $14. The IPO was priced within the expected range of $14 and $16, when the New York-based dry bulk shipper sold 16.3 million shares for $14 each, or $228.2 million in total. Baltic Trading was formed by...