Sources suggest the slip is an inevitable consequence of last week’s bull run that took rates in the sector to an eight-month high.
Data from the Baltic Exchange shows the BCI 2014 index to have dropped by 132 points to 2,367 points on Tuesday.
This led the BDI to fall by 35 points to 1,162 despite climbs in the panamax market.
“I think it’s a breather and we will see another spike,” said one leading broker today.
“But
