Seeking Alpha reports of a recent uptrend in the Baltic dry index.
Baltic Dry Futures
- The Baltic Dry Index (BDIY:IND) rose 3.08% to land at 1,273 points and record a fifth straight day of gains.
- Positive moves were seen across vessel types with indexes for Capesize (+6.89%), Panamax (+0.44%), Supramax (+0.69%) and Handysize (+0.69%) all 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), EuroDry (NASDAQ:EDRY), Genco Shipping & Trading (NYSE:GNK).
- Related ETFs: Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY).
- Compare Seeking Alpha Quant Ratings on shipping stocks.
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source: Seeking Alpha
