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Baltic Dry fell to 2,016 Index Points on July 21, 2025, down 1.75% from the previous day. Over the past month, Baltic Dry's price has risen 20.43%, and is up 6.33% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Baltic Exchange Dry Index - values, historical data, forecasts and news - updated on July of 2025.
As of September 30, 2024, the Baltic Dry Index amounted to 2,065 points. This was higher than in the previous month, and higher than in May 2020, immediately after the outbreak of COVID-19, when the index stood at 504. The Baltic Dry Index is based on the current freight cost on various shipping routes and is considered a bellwether of the general shipping market.
The aggregate business digitalization index (BDI) in Russia was measured at ** points. Among indicators that made up the index, the highest score was recorded for usage of data storage and transmission channels, and the lowest for human capital, which referred to lack of employer attention toward digital education of employees.
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License information was derived automatically
Containerized Freight Index traded flat at 1,646.90 Points on July 22, 2025. Over the past month, Containerized Freight Index's price has fallen 11.91%, and is down 53.51% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Containerized Freight Index.
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Over the five years through 2024, the Ship Building industry in China has been declining at an annualized rate of 4.7% to $58.8 billion. This industry's activities are highly concentrated in Jiangsu, Zhejiang, Shandong and Shanghai.In 2019, China completed 36.7 million DWT (Dead Weight Ton) of shipbuilding, increasing 6.1% from 2018. However, mainly due to insufficient market demand, industry revenue decreased by 11.0% from 2018. In 2020, affected by the global spread of the COVID-19 pandemic, the slowdown of the world economic recovery, the lack of demand in the shipping and maritime markets, industry revenue decreased by 2.3% to $45.6 billion in the year. In 2021, the world economy recovered unevenly, the international shipping market showed a positive trend. China completed 39.7 million DWT of shipbuilding in the year, increasing 3.1% from 2020. In 2022, China completed 39.7 million DWT of shipbuilding, down 4.5% from 2021 and industry revenue decreased by 0.3% in the year. In 2023, the shipbuilding completion volume, the new order volume and the handheld order volume were 42.3 million DWT, 71.2 million DWT, and 139.4 million DWT, respectively, with year-on-year growth rates of 11.8%, 56.4% and 32.0%, respectively. In the first half of 2024, the three major indicators of the Ship Building in China grew synchronously, with the shipbuilding completion volume, the new order volume and the handheld order volume increasing by 18.4%, 43.9% and 38.6%, respectively. The Ship Building in China continues leading the world. The industry revenue is expected to increase 14.5% to $58.8 billion in 2023, when profit will be 0.1%.In the next five years, industry revenue is forecast to increase at an annualized rate of 9.0% to total $90.4 billion in 2029. The Ship Building industry in China is expected to maintain steady growth in the next five years. Higher product quality and strict standards for high value-added production will be industry development trend. Large companies in this industry are developing new ship types for more cargo varieties and higher profitability.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Baltic Dry fell to 2,016 Index Points on July 21, 2025, down 1.75% from the previous day. Over the past month, Baltic Dry's price has risen 20.43%, and is up 6.33% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Baltic Exchange Dry Index - values, historical data, forecasts and news - updated on July of 2025.