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China Australia Dry Bulk

Chinese coal import restrictions spell bad news for bulkers

Chinese customs have now slowed the cargo declaration process of Australian coal shipments, resulting in vessel delays and limited vessel inquiries for the route. The consequential freight market crash comes at a time when the BDI is already hovering at around 600 points

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The Baltic Dry Index has reached its lowest level in two-and-a-half years and was at 634 points on Monday as fixtures to China dried up

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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