Bulk

Chinese import "on steroids" results in Baltic Dry Index record

The leading Baltic Dry Index for the dry bulk market is at its highest in 10 years. Most recently, capesize has skyrocketed on an extraordinarily strong Chinese import, according to shipping organization Bimco.
Photo: PR / Oldendorff Carriers
Photo: PR / Oldendorff Carriers
by DANIEL LOGAN

The bulk market has been off to a historically strong start in 2021, and the leading dry bulk index, Baltic Dry Index, is now at the highest level in more than 10 years.

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