Rebounding shipping rates due to seasonal factors and strong demand for iron ore on the back of the global economic recovery are expected to improve the performances of Thailand’s sea-freight carriers in the current quarter. Analysts have forecast the Baltic Dry Index (BDI), the most closely watched dry bulk shipping rate for commodities, will jump to around 4,500 to 5,000 in the second quarter.
Green Marine
about 16 years ago
Shipping profits on higher rates
Rebounding shipping rates due to seasonal factors and strong demand for iron ore on the back of the global economic recovery are expected to improve the performances of Thailand’s sea-freight carriers in the current quarter. Analysts have forecast the Baltic Dry Index (BDI), the most closely watched
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