ShippingWatch

Baltic Dry Index climbs to 15-month high

Friday brought yet another sign of an improving dry bulk market. With a seven percent increase, the Baltic Dry Index has crossed the magical 1,000 point threshold and has thus reached the highest level noted in 15 months.

The benchmark Baltic Dry Index increased by no less than 7.3 percent on Friday, reports Bloomberg News, to a total 1,045 points.

This marks the first time in a long time that the index has crossed the magical 1,000 point barrier, as a similar level has not been since early august 2015.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs