Freight rates across all bulker segments rose again on Friday following a week of stop-and-start growth across all tonnages.
The Baltic Dry Index, which gives a bird's eye view of bulker markets, rose by a further 71 points on Friday to reach 1,894 points.
Just six weeks ago, the index was floundering at its lowest level since 2016 as the coronavirus pandemic took its toll on weak demand for shipping.
