To understand the significance of the index in terms of structure you need to take a look. As BDI s

My work is not systematic optimization solution to a problem, but rather to ensure a balance between the different sub-systems and to oversee the success of the entire expedited system expedited is essential. Job difficult but that is what makes it so interesting and enjoyable.
Baltic index (Baltic drybulk Index) monitoring the transport of raw materials and thus can be used to discern the direction of the global economy is an important data. Contrary to the initial perception index, the Baltic and the Baltic states expedited has nothing to do with. These types of issues is an index which has led London-based.
To understand the significance of the index in terms of structure you need to take a look. As BDI structure containing crude cargoes, ie, semi-finished or final products contain only their covers loads of bulk and grain type and the most important items carried coal, iron ore, grain is. APPREHENSIBLE upgrade the speed and direction of the real economy, the "leading indicators" are considered to be one of the most important indicators. Contains data quite healthy because it is not open to speculation, 26 on the main sea route, made with vessels over a certain tonnage of freight cost of transport is obtained from the average. Index is expressed in USD-denominated unit on a daily basis. This feature than many other indices that provide a reliable index. The biggest buyers in China, India and Europe are the largest supplier in Australia, Brazil, Colombia, Venezuela, Russia, expedited and South Africa are the countries. To give an example, South Africa, a large portion of coal and iron ore to India and China. Australian coal, iron ore, other minerals and grains in China, India, Europe, the Middle East and the Far East sells. An important coal mining and steel production because both are used in energy production. World Coal Association (WCA World Coal Association) under which 42% of electricity needs in the world is provided by coal. 1990 4677 Mt (million expedited tonnes) of coal production, 6,823 Mt in 2009, while in 2010 it increased to 7,220 Mt. Steel production;
BDI index only covers four kinds bulkcarri type. They are the youngest of 15,000 expedited deadweight tons. Does not include the smaller ships (ships being built in our country is close to the upper limit for this value). All of these vessels in trade instead need to look at both the quantity as well as the gross tonnage. BDI items because the burden of care load is heavy, the loads are relatively slight in value, so it is effective, but large tonnage transported by ship. The average lifespan of a ship is between 25-30 years. BDI index, subject to the production expedited of ships in the Far East is between 12-18 months. This should be considered an important issue, the volume of shipments growth rate of new manufactured and scrap the ship pieces are examined, today, at this point, the BDI's baseline, the types of ships tonnage of redundancy can be seen.
High fuel prices, low freight costs and therefore lower BDI values, scrapping of older vessels is increasing expedited figures, it also provides a relatively positive contribution to the index. According to information from the Far East a noticeable reduction expedited in orders for new ships are experienced. In 2008 the period beginning with the construction of new vessels from the crisis that has still not go. Until 2008 quickly led to an increase in production capacity was doing, but in that period expedited of high BDI index, the value 11793 was seen in May 2008, although this increase was her reason for operators to make a profit.
To understand expedited the impact of index terms, the bulk of the fleet units, this value is 54.6% water, which equates to 82.5% in gross tonnage, are covered BDI. However, this value as the total gross tonnage of the merchant fleet flour is equivalent to only 25.9%. So BDI covers a significant proportion as the index of the bulk, although all the information given to us for maritime transport is limited.
As of 2010, subject to the BDI index Equasis bulk of the fleet age distribution is as follows according to the records. Bulkcarri fleet (units) Large Very Large Total Fleet (1) Percentage Age 0-4
229
Bulkcarri fleet (gross tonnage x 1000) Large Very Large Total Fleet (1) Percentage 0-4 Age 5-15 Age 47 100 29 661 86 804 48 443 46 299 106 285 89.14% 88.43% 87.32% +25 Age 15-24 Age 21 217 28 789 57 270 42 548 15 269 4870 47.33% (1) The age group which is subject to and on the BDI are all non bulkcarri
As seen their number and the total BDI index subject expedited to the gross tonnage of the ship, all in the same age group rates for bulk Carrier is quite high. However, these values are subject to a fleet of all trade in the same age group as the ratio is low compared with that ship can be seen. BDI Bulkcarrier rate of the fleet in the same age group
11.70%
For example, in the +25 age group (likely to be scrap their ships) as the gross tonnage of the world merchant fleet vessels in 38.4% B, or is subject. B