Panamax and supramax rates push BDI to five-month high
The Baltic Dry Index, a measure of shipping health for bulk carriers, has hit 2,017 points, up 22.2% since the beginning of the month and a five-month high. Demand for minor bulk commodities has pushed up vessel employment
As charter rates soar for smaller bulk vessels, uncertainty still prevails in the capesize sector due to an oversupplied tonnage market and limited demand for Brazilian iron ore
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