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Navios Maritime Holdings Inc. Message Board

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  • carchandco51 carchandco51 Sep 3, 2008 9:35 PM Flag

    explanation for BDI collapse

    jug-help me with this-does the bdi reflect current rates/future rates? NM appears to have 13 ships with charters expiring within 12 months, several listed on order, and many with long term contracts in place. Main products shipped- grain,coal,iron ore. The collapse of these stocks seem to reflect a huge demand reduction for these products and subsequently,rates. I am a novice and long a very small position in an roth ira. Appreciate information and opinion. thanks

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