The Baltic Dry Index Holds Steady Amidst Volatile Markets
The Baltic Dry Index lost 0.052% or 1 point to settle at 1,927. The BDI still remains in rally mode.
Here is your Cheat Sheet for interesting news at marine transportation companies:
1) GC Rieber AS’s offer for all outstanding shares of GC Rieber Shipping ASA is valid until September 30. GC Rieber AS expects to increase its stake from 54.21% to 66.70%.
2) Green Shipping AS entered into agreement with Caiano AS for the sale and leaseback of 6 ships. The capacity of these vessels is 265,770 cubic feet.
3) Norwegian Car Carriers ASA appointed new CFO, Engebret Dahm. He will start on October 1, 2011.