We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

SOS

20 November 2008 By Constantine Courcoulas

Too many ships, too little demand and expensive trade credit have pulled the Baltic Dry Index down 93% since May. That s dire, even for a cyclical industry. Netting counterparty risk might help a little, but shippers will remain at the mercy of the sputtering financial system.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)