Long-term BDI outlook bleak

By Wayne Yamada
Published: Thursday, 22 September 2016

Rates for dry bulk vessels to slump despite recent rise.

The Baltic Dry Index (BDI) is likely to remain soft this year for ship owners despite the recent rise in rates.

Greek shipping company Globus Maritime was pessimistic despite a bright week for rates.

"The dry bulk shipping outlook for the...

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