World trade figures for 2015 remained weak, according to the latest world trade monitor released by Dutch statistics office CPB, reinforcing concerns of the health of the world economy. The decline was partly driven by a slowdown in Asia, where exports dropped from 4.8% in 2014 to 0.2% in 2015, while exports from Africa and […]
Specialist asset managers Red7Marine have launched a shipping fund targeting the construction markets, while avoiding correlation to the Baltic Dry index of bulk shipping cost rates, which has declined fairly steadily since early 2010.
The Baltic Dry Index is used by ship owners and companies transporting dry goods by sea, but it is also increasingly popular among profit-driven investors as the basis for constructing trades involving maritime freight.
The Baltic Dry may be around 25-year lows, but shipping fund managers say that their fortunes are not tied only to this one index