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Green Marine

about 16 years ago

‘Plunging BDI not to impact Indian shipping’

Most of the Indian shipping companies are largely insulated from the heavy fall of Baltic Dry Index (BDI) due to their limited exposure to dry bulk fleet and long-term contracts, according to Crisil Research. The last one month has been turbulent for dry bulk shippers with the BDI falling by more th

1 minutes read

Most of the Indian shipping companies are largely insulated from the heavy fall of Baltic Dry Index (BDI) due to their limited exposure to dry bulk fleet and long-term contracts, according to Crisil Research. The last one month has been turbulent for dry bulk shippers with the BDI falling by more than 56%.

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