Bulk

Dry bulk recovery halted – index plunging

The benchmark Baltic Dry Index has tumbled down over the past two months, and the same applies to the share prices of the listed dry bulk carriers. But Drewry expects that the decrease is temporary.
Photo: Arkivfoto/Colourbox
Photo: Arkivfoto/Colourbox
by OLE ANDERSEN

Following strong improvements in the dry bulk market through 2017, a surge that also lifted share prices of the listed bulk carriers, the sector has in recent months registered a significant setback.

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