An exchange-traded fund tracking the cost of global shipping surged Friday, continuing a month-long rally. The Breakwave Dry Bulk Shipping, which claims it’s the only freight futures exchange-traded product to focus on dry bulk shipping, was up nearly 12% Friday morning, and has gained more than 35% in the year to date. Dry bulk shipping …
The post Shipping ETF, up 35% year-to-date, extends gains first appeared on Hellenic Shipping News Worldwide.