CNS Canada — A downtrend in ocean freight rates shows no sign of letting up, as the Baltic Dry Index again hit fresh historic lows. The Baltic Dry Index (BDI) […] Read more
Tag Archives baltic dry index
Baltic Dry Index continues downward slide
Ocean freight rate index at historic low, again
CNS Canada –– The Baltic Dry Index, which gauges the price of moving grain and other goods by sea, is down to new historical lows, less than a month after […] Read more
Low ocean freight rates likely to stick around
CNS Canada –– Ocean freight rates are at some of their lowest levels ever and will likely stay that way for at least the next two years, according to an […] Read more
Baltic Dry Index hits record low
The Baltic Dry Index fell to its lowest levels ever on Friday, which bodes well for the competitiveness of Canadian grain exports. The BDI, a gauge of global ocean freight […] Read more
Bulk shipping cost index sinks to 30-year lows
CNS Canada –– The Baltic Dry Index, which tracks global bulk shipping rates, has fallen to its lowest levels in 30 years, which should make North American grains and oilseeds […] Read more
Prairie farmers to benefit from lower ocean freight rates
CNS Canada — Western Canada’s grain farmers are expected to benefit from recent lower ocean freight rates as the Baltic Dry Index (BDI), a measurement of such rates, has dropped […] Read more