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Baltic Dry Index falls 3%

Sep. 20, 2019 8:10 AM ETDRYS, DSX, EGLE, GOGL, NM, NMM, SBLK, SB, SEA-OLD, SHIP, GLBS, NETI, GNK, BDRYBy: Clark Schultz, SA News Editor15 Comments
  • The Baltic Dry Index shed another 2.78% in London to land at 2,131 and record its 12th straight down day.
  • The BDI has ranged from 595 to 2,518 over the last 52 weeks.
  • Capesize rates dragged on the index once again with a 4.13% decline, while Panamax rates were 1.92% lower. Supramax and Handysize rates were slightly higher.
  • Related stocks: Diana Shipping (NYSE:DSX), DryShips (NASDAQ:DRYS), Eagle Bulk Shipping (NASDAQ:EGLE), Navios Maritime Holdings (NYSE:NM), Navios Maritime Partners (NYSE:NMM), Globus Maritime Limited (NASDAQ:GLBS), Safe Bulkers (NYSE:SB), Scorpio Bulkers (NYSE:SALT), Star Bulk Carriers (NASDAQ:SBLK), Golden Ocean Group Limited (NASDAQ:GOGL), Seanergy Maritime (NASDAQ:SHIP), Genco Shipping & Trading (NYSE:GNK).
  • Related ETFs: SEA, BDRY

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