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Baltic Dry Index 1985 - 2022. The Baltic Dry Index ( BDI) is a shipping freight-cost index issued daily by the London -based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
Global shipping network. The global shipping network is the worldwide network of maritime traffic. From a network science perspective ports represent nodes and routes represent lines. Transportation networks have a crucial role in today's economy, more precisely, maritime traffic is one of the most important drivers of global trade.
History. The Freightos International Freight Index was first launched as a weekly freight index in early 2017. The Freightos Baltic Index has been in wide use since 2018. It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
In the week to Thursday, the composite cost of shipping a typical 40-foot container on eight major East-West routes hit $5,117, up 233% from a year ago, according to London-based shipping ...
Arctic shipping routes are the maritime paths used by vessels to navigate through parts or the entirety of the Arctic. There are three main routes that connect the Atlantic and the Pacific oceans: the Northeast Passage, the Northwest Passage, and the mostly unused Transpolar Sea Route. [2] In addition, two other significant routes exist: the ...
The Northeast Passage (blue) and an alternative route through the Suez Canal (red) The Northeast Passage (abbreviated as NEP; Russian: Северо-Восточный проход, romanized : Severo-Vostochnyy prokhod, Norwegian: Nordøstpassasjen) is the shipping route between the Atlantic and Pacific Oceans, along the Arctic coasts of Norway ...
Research has identified another likely consequence of global warming—the increase of shipping routes around the North Pole, due to the melting of sea ice. Global warming could mean new Arctic ...
Sea lane. A sea lane, sea road or shipping lane is a regularly used navigable route for large water vessels ( ships) on wide waterways such as oceans and large lakes, and is preferably safe, direct and economic. During the Age of Sail, they were determined by the distribution of land masses but also by the prevailing winds, whose discovery was ...