Despite the fact that China is on holiday this week, the dry bulk market has managed– albeit with a softer pace – managed to hold its ground and even post a mild upward trend. As such, the industry's benchmark, the Baltic Dry Index (BDI) inched higher yesterday, increasing by 39 points to reach 2,047. All major ship classes were on a higher note, with Capesizes leading
WORLD SHIPPING
04 October 2013 - 00:00
Dry bulk market softens but maintains upward trend
Despite the fact that China is on holiday this week, the dry bulk market has managed– albeit with a softer pace – managed to hold its ground and even post a mild upward trend. As such, the industry's benchmark, the Baltic Dry Index (BDI) inched higher yesterday, increasing by 39 points to reach 2,047. All major ship classes were on a higher note, with Capesizes leading
WORLD SHIPPING
04 October 2013 - 00:00
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