Shipping rates slump
Published: Thursday, 24 December 2009
Baltic Dry Index falls as China's central bank eyes tighter lending for steel makers
Shipping rates for dry bulk materials fell again this week
after China's decision to restrict lending to steel producers,
which could have a knock on effect of lowering iron ore and
The Baltic Dry Index (BDI) fell to 3023 on 23 December 2009,
compared with 3376 a week...