Ever-rising dry-bulk freight rates are prompting more investor enthusiasm for bulker owners. But analysts caution that the sector remains fraught with perils.
The Baltic Exchange’s Dry Index (BDI) reached a one-year high of 937 Thursday, led by the ongoing surge in capesize rates. The Baltic’s assessment of capesize rates across multiple routes also reached a one-year high of $15,301 per day.
Since