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Navios Maritime Partners LP NMM

Navios Maritime Partners LP is a Monaco-based international owner and operator of dry cargo and container vessels. The Company is engaged in the seaborne transportation services with a range of dry cargo commodities, including iron ore, coal, grain, fertilizer, and containers. It owns and operates its worldwide fleet with a diversified customer base which focuses on providing seaborne shipping services under long-term time charters. Panamax vessels carry a range of dry cargo commodities, including iron ore, coal, grain and fertilizer and being accommodated in various discharge ports. Capesize vessels are dedicated to the carriage of iron ore and coal. Ultra-Handymax vessels works with less carrying capacity and have self-loading and discharging gear on board to accommodate undeveloped ports. It also acts as a trusted partner for industrial end users, ship owners, financial business partners, agents and brokers.


NYSE:NMM - Post by User

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  • Miner1967X
Post by Miner1967on Jun 13, 2018 2:29am
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Post# 28163689

Baltic Dry Index, bullish season starts

Baltic Dry Index, bullish season starts

52-weeks low is 948 and high at 1,476: now stands at 1,390.

There is seasonality for BDI, always the strong semester is the second one, thw prices start to recover every July.

This is the main reason NMM and its peers make their lows until early June, and a first spike in late July or August.

This year BDI has started its recovery earlier.

https://www.cnbc.com/quotes/?symbol=.BADI

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