The dry bulk market has been on a freefall for 14 straight sessions, managing – yet again – to negate the gains it had recorded during the final weeks of May. As a result the industry’s main benchmark, the Baltic Dry Index ended yesterday at 2,893, retreating lower than the 3,000-point mark. This development comes to prove those analysts who had warned about an increased volatility of the index during 2010, straight off the heels of 2009.
Green Marine
about 16 years ago
Dry bulk freight rates on a freefall
The dry bulk market has been on a freefall for 14 straight sessions, managing – yet again – to negate the gains it had recorded during the final weeks of May. As a result the industry’s main benchmark, the Baltic Dry Index ended yesterday at 2,893, retreating lower than the 3,000-point mark. This de
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