World economic recession impact shipping to Viet Nam
Tanker market remained stable and will probably end this year with average sales of good, quick recovery of the investment value. However, with oil prices falling to 50-60% compared to the record price of $ 147 / barrel, OPEC to cut oil production is also no surprise that the lease "Spot" for ships VLCC (Very Large Crude Carriers) reduced to half in the near future. In the framework of this article, we would like to focus only outline an overall picture of the dry cargo market fluctuations through the evaluation and analysis of the international group of experts published in HSBC Weekly Bulletin. BDI touch to the bottom in less than 6 years October 28, the Baltic Dry Index (BDI) closed at 982 points, the... View more
