The Revival Of The Dry Bulk Shipping Industry.Shipping stocks rally as Baltic Dry Index hits 4-month high
August 20, 2014 The Baltic Dry Index (BDIY) – which tracks the movement of the average prices of shipping goods by sea – has seen a revival in the last month. The index had slumped 67.8% since the beginning of the year, recording a low of 723 points &#111&#110 22 July. It has since made a comeback, however, having sharply risen to 1,040 points – up 38.3..