Baltic Dry indices double to over 1,100 levels due to falling crude oil prices. but shipping companies not enthused in Dry Bulk Market
03/08/2015 Baltic indices have been in a recovery mode since the last few months with the Baltic Dry Index even doubling to over 1,100 levels from its all-time low of 509 noted in February. Baltic Dirty and Baltic Clean Tanker indices meanwhile, are enjoying the rising trend due to falling crude oil prices. Despite the buoyancy, which indicates high freight rates and..