Biggest boom in dry bulk since 2010
Dry bulk rates have skyrocketed in recent weeks, and last week brought the strongest increase since August 2010, says Fearnley.
BY KATRINE GRØNVALD RAUN
Last week, rates in the Baltic Dry Index increased by 268 points, corresponding to 16.4 percent, according to Fearnley. That was the biggest weekly increase since August 2010, still driven by the rates for the biggest dry bulk ships, Capesize, though aided by positive developments in the Panamax segment.
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