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Capesize Shipping Rates Plummet 21%
Tuesday, May 12, 2020 - 11:55am | 927The Baltic Dry Index (BDI) rose to fame in the mid-2000s as a leading indicator of the global economy. If the BDI went up, industrial production was set to increase; if it went down, vice versa. The BDI lost its luster as a macro bellwether during the decade after the financial crisis, as the...
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Star Bulk Carrier Corp (Nasdaq:SBLK) Sells Capesize Star Beta
Thursday, February 4, 2010 - 5:57am | 251On February 2, 2010, Star Bulk Carrier Corp (Nasdaq: SBLK) issued a Press Release regarding the sale of one of their Capesize vessels. "Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK), a global shipping company focusing on transportation of dry bulk cargoes, today announced...
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Baltic Dry Index
Tuesday, September 8, 2009 - 1:52pm | 361he Baltic Dry Index (a) is composed of three sub-indices : the BCI (Capesize index), BPI (Panamax index) and the BSI (Supramax index). The major portion of the BDI is the Baltic Capesize Index . These vessels with cargo capacity of 100,000 to 400,000 DWT account for 62% of the world's dry...