Baltic Dry Index Surges Toward 5-Year High
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, advanced for a second session on Thursday, surging 4.7% to a peak since October 2021 at 3,488 points. Shipping rates have increased significantly as higher demand for commodities, especially iron ore, coal and other bulk commodities, coincides with a ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
