Better off using the BSI as a barometer. BDI gets too skewed by the the BCI. Even the BHSI a possibility.
'The Baltic Dry Index (BDI) is a composite of the dry bulk timecharter averages and provides a continuous time series since 1985.
- Baltic Capesize Index (40%)
- Baltic Panamax Index (30%)
- Baltic Supramax Index (30%) "
Capesize - 180,000mt dwt on 18.2m SSW draft
Panamax - 82,500mt dwt on 14.43m SSW draft
Supramax - 58,328mt dwt on 12.80 m ssw
Handysize - 38,200mt dwt on 10.538m SSW
Riley, page-9
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