World Trade – Dead

Shipbuilding Orders Slump As Baltic Dry Hits Fresh Record Low


… The Baltic Dry Index … is now down over 65% from the dead cat bounce highs in November 2014 and – yet again – a new all-time record low for the cost of shipping freight. It is no surprise … bulker newbuilding orders slumped in January. When the Baltic Dry tumbled in 2012, the glut of ships then caused a 49% plunge in orders for shipbuilding … and given the artificial signals provided by credit-inflated commodities since, we can only imagine the overhang now. …



About icliks

Biding my time in central ms ... yours too, if ur reading this.
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