Another slight rise, another testament of lowered volatility was the case during yesterday’s session of the Baltic Dry Index (BDI), with the industry’s benchmark for tracking the cost of delivering dry bulk cargoes via sea carriers, ending at 3,020 points. Still, the market isn’t quite yet in the clear, as uncertainty over iron ore demand due to ongoing contract price talks still affected freight rates.
Green Marine
about 16 years ago
Capesize rates rising on the back of stronger iron ore demand
Another slight rise, another testament of lowered volatility was the case during yesterday’s session of the Baltic Dry Index (BDI), with the industry’s benchmark for tracking the cost of delivering dry bulk cargoes via sea carriers, ending at 3,020 points. Still, the market isn’t quite yet in the cl
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