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US stock market anomaly | Marine transportation stocks generally fell before the market, and the BDI index fell to a one-week low.
On July 5th, Star Shipper performed the worst, falling 6.6%, Himalaya Shipper fell more than 2%, and Golden Ocean fell 1.35%. As for news, the Baltic Dry Index fell to a one-week low on Thursday as freight rates for all types of ships fell. The Baltic Dry Index fell 43 points or 2.1% to 2021, the lowest since June 26th.
Express News | The Baltic dry bulk freight index fell to a one-week low.
Looking Into ZIM Integrated Shipping's Recent Short Interest
ZIM Integrated Shipping's (NYSE:ZIM) short percent of float has fallen 11.26% since its last report. The company recently reported that it has 10.47 million shares sold short, which is 11.11% of all r
Will the bull market continue for shipping futures, which surged by 402%?
From the performance of the spot market, as the freight level gradually increases, the market acceptance is also orderly advancing, and the current spot freight has not seen the top. Maersk CEO Soren Skou said, "We still don't know how much cost we can recover, and how long it would take to recover our costs, but the high rates we see for now are only temporary."
Index of shipping collective surges! Marine transportation situation explodes, will the high running cost in the second half of the year become a fixed pattern?
Baltic Dry Index Jumps to Nearly Two-month High as Capesize Spot Rates Spike