Baltic Dry Index on the crest of a wave
The dry bulk shipping index hit 2,645 points (+3.6%) this week due to Capesize and Panamax demand
Capesize market booming
On Monday evening, average daily earnings for these types of vessels reached 63,000 dollars
China ups its iron ore imports
15.7 million tonnes of iron ore came in through its ports during the first week of August