Dry bulk market keeps on retreating, but upswing could be around the corner

Thu, 23 Feb 2012 00:00:27 GMT

The dry bulk market’s benchmark, the BDI (Baltic Dry Index) was down again yesterday, not managing to offset the downward path it has been since the start of the year, despite the slight recovery noted, compared to the record-lows of 650-660 points. Yesterday, the BDI ended down by 0.28% to 704 points, but it was as a result of the continuing downfall of the Panamax segment. Panamaxes lost an addi...

Hellenic Shipping News Worldwide, Dry bulk market keeps on retreating, but upswing could be around the corner

Dry bulk market keeps on retreating, but upswing could be around the corner