Operational Risk Control of Shipping Enterprises Based on Baltic Dry Index

Abstract

In recent years, under the influence of world economic adjustments, local regional wars, and major national trade frictions, the global bulk cargo shipping industry market has been in a slump, and shipping companies are facing a severe test, and the Baltic Dry Index is lacking in strength for a pick-up. Through studying the influencing factors of the Baltic Dry Index, this article draws a relatively viable shipping business strategy from the perspective of the guiding value of the Baltic Dry Index for further guides operation to shipping companies.