Christmas rush boosts shipping rates

Published: Thursday, 12 December 2013

BDI continues to rise as shippers fix vessels before holiday break

By Wayne Yamada


Dry bulk shipping rates for industrial minerals continued to rise this week as market players looked to charter vessels before the Christmas and New Year holidays at the end of December.


The Baltic Dry Index (BDI) was 2,299 on 11 December compared with 1,994 on...

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