The dry bulk market has been on a steady decline since the start of the New Year, since the traditionally slow demand for dry bulkers during the winter months has taken its toll. Yesterday, the industry's benchmark, the Baltic Dry Index (BDI) was down by yet another session, losing 120 points and retreating to 1,706. The main reason was a lack of demand for Capesize vessels, since
WORLD SHIPPING
10 January 2014 - 00:00
Dry bulk market off to a rocky start in 2014
The dry bulk market has been on a steady decline since the start of the New Year, since the traditionally slow demand for dry bulkers during the winter months has taken its toll. Yesterday, the industry's benchmark, the Baltic Dry Index (BDI) was down by yet another session, losing 120 points and retreating to 1,706. The main reason was a lack of demand for Capesize vessels, since
WORLD SHIPPING
10 January 2014 - 00:00
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