The Baltic Dry Index Looks To Be On The Run Again
Aug. 15, 2014 The Baltic Dry Index has surged over the past week driven by an increase in iron ore production. Brazil is planning &#111&#110 doubling ore output over the next five years. As the daily rate increases, expect to see Dry Bulk shippers come off contract and move to the more volatile and rewarding daily rate. Last year, about this time, the Baltic ..