BDRY - Shipping rates rise for a week straight
The Baltic Dry Index (BDIY:IND) rose 1.61% to land at 1,448 points and record a seventh straight day of gains. Positive moves were seen across vessel types with indexes for Capesize (+1.66%), Panamax (+3.10%) and Supramax (+0.07%) all higher. Related stocks: Diana Shipping (DSX), Eagle Bulk Shipping (EGLE), Navios Maritime Holdings (NM), Navios Maritime Partners (NMM), Globus Maritime Limited (GLBS), Safe Bulkers (SB), Scorpio Bulkers (SALT), Star Bulk Carriers (SBLK), Golden Ocean Group Limited (GOGL), Seanergy Maritime (SHIP), EuroDry (EDRY), Genco Shipping & Trading (GNK). Related ETFs: Breakwave Dry Bulk Shipping ETF (BDRY). Compare Seeking Alpha Quant Ratings on shipping stocks.
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Shipping rates rise for a week straight