Spot rates across dry bulk shipping on Thursday continued a steady ascent in a sector that has been quite volatile for some time.
The Baltic Dry Index has been on a rollercoaster ride since 1 April, improving 58% to 3,266 points on 5 May before sliding 26% to 2,420 points on 8 June.
Since then, it has rebounded 35% to 3,267 points on Thursday.
