China’s surging imports of metals, grain and other commodities are providing a boost to a bulk-shipping sector at the center of global industrial production. Daily freight rates for capesize ships, the largest bulk carriers, jumped to an 18-month high this week at around $35,000 and the Baltic Dry Index, which tracks the cost of moving …
The post China’s Imports of Commodities Drive a Boom in Dry-Bulk Shipping first appeared on Hellenic Shipping News Worldwide.