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NUBALTWOOD

20 September 2016

The Baltic Wood Charter Party was developed for the wood trade from the Baltic and the North Sea (with the exception of Russian ports) to the U.K. and Ireland. The latest edition of this contract is NUBALTWOOD, issued in 1997.

Dry Bulk Shipping - Handling the supply side challenge remains top of the agenda

16 August 2012

The summer lull in the freight market is soon to be over as we enter into the seasonally-stronger final five months of the year. Hopefully, this will bring around higher earnings, but the outlook is unlikely to support a joyride similar to that of last year. The Baltic Dry Index (BDI) currently stands at 843 (August 6), a level which is 53% below the average of the final five months of 2011.