Shipping wobbles on Greek woes

Published: Thursday, 18 February 2010

World economies impact shipping as crisis grips Greece, China stops spending

Shipping rates fluctuated this week, after a turbulent period in European and Asian economies cast doubt on the strength of the world’s recovery from recession.

The Baltic Dry Index (BDI) was 2661 on 17 February 2010, compared to 2630 on 10 February.

Capesize, Panamax, Supramax, and Handysize were 3523, 3080,...

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