Apr 21, 2011
Dry bulk market keeps falling, now at two-month lows
The dry bulk market seems unable at the moment to recover from the weight of newbuilding deliveries, resulting in too many ships competing for fewer cargoes. The industry’s benchmark, the Baltic Dry Index (BDI) fell to 1,254 points prior to Easter holidays, down by 0.63%, now standing at new lows. The Capesize market was lull remaining unchanged, with the biggest losses occurred in the Panamax segment, which retreated by 2.69%.
[Read More]
Source: Hellenic Shipping News
Category:
Shipping and Others
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment