Dry bulk market finally stops decline, posts first rise in more than a month

Tue, 7 Feb 2012 00:00:22 GMT

After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industry's benchmark, the Baltic Dry Index (BDI) managing to post its first increase in weeks. The BDI ended yesterday's session at 648 points, still near record lows, but at least 0.15% higher than Friday's closing. The market's rebound was primarily fuelled by the Pa...

Hellenic Shipping News Worldwide, Dry bulk market finally stops decline, posts first rise in more than a month

Dry bulk market finally stops decline, posts first rise in more than a month