The Baltic Dry Index (BDIY) closed at 1,570.00 on March 19, 2014 as the demand for vessels begins to catch up with supply, up substantially from both 1,130.00 one month ago and 912.00 one year ago.
New York, NY (PRWEB) March 20, 2014
Ironridge Global Partners, LLC, a micro-cap institutional investor, is meeting with senior management of small publicly traded shipping companies on March 20, 2014 at Capital Link’s 8th Annual Invest in International Shipping Forum at The Metropolitan Club, One East 60th Street, New York City.
“Investment opportunities in international shipping companies, foreign private issuers and other emerging dry bulk carriers, wet bulk carriers and cargo shipping companies are emerging in this cyclical resurrecting global shipping economy,” commented Richard H. Kreger, Managing Director of Ironridge Global Partners. “The Baltic Dry Index (BDIY) closed at 1,570.00 on March 19, 2014 as the demand for vessels begins to catch up with supply, up substantially from both 1,130.00 one month ago and 912.00 one year ago.”
On March 4, 2014, Ironridge Global IV, Ltd. entered into a $25 million equity investment in NewLead Holdings Ltd., an international, vertically integrated shipping and commodity company that manages product tankers and dry bulk vessels.
About Capital Link Forum
Capital Link's 8th Annual Invest in International Shipping Forum, an investor focused event, takes place after the annual results of listed shipping companies. It features individual company presentations as well as panel discussions on trends and developments across the various segments of the shipping markets and on other key topics for the shipping industry. It enables direct interaction between shipping company executives and industry experts with the investment and financial community. The Capital Link Shipping Forum brand is widely-recognized and valued worldwide for combining rich and high quality informational content with unique marketing and networking opportunities. For more information please visit http://forums.capitallink.com/shipping/2014newyork/index.html
About Ironridge Global Partners
Ironridge Global Partners, LLC is an institutional investor, making direct equity investments in micro-cap public companies. Ironridge Global IV, Ltd. Is a wholly-owned subsidiary of Ironridge Global Partners. Ironridge Global has completed over 60 transactions since 2011, ranging from a quarter million to $25 million each, for Nasdaq, NYSE MKT, ASX, OTC Bulletin Board, OTCQX and other OTC companies. Its principals have handled several hundred billion dollars in public company financing transactions over more than two decades. Ironridge Global’s extensive industry experience includes life sciences, medical devices, energy, clean technology, solar power, natural resources, consumer food & beverage and other products and lastly media and technology. To learn more about Ironridge Global Partners, please visit http://www.ironridgeglobal.com.
Ironridge Global Partners, LLC
Richard H. Kreger