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HumbleInvestor

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Posts posted by HumbleInvestor

  1. Hello,

     

    Need help on the following.

    Does anyone know how to actually calculate the shipping rate from the BDI?

    For example,

    According to this site:

    http://www.ferroalloynet.com/article/average_ocean_freight_rate_from_australia_to_china_on_aug_21_2012.html

     

    It costs about 6$ USD to ship from Western Australia to China (Qingdao Port).

     

    It also costs about 2644$ for a capesize http://www.dryships.com/pages/report.asp

     

    Is there a way to decipher what does 2644$ actually include? How many tons shipping?

    How do I know how much time it takes between two ports? etc....

     

    Many thanks,

    Humble

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