The Baltic Dry Index (BDI) has fallen below 1,400 points to its lowest level since 28 June.
The index was assessed today at 1,378 points, continuing a rout seen since 28 October, when the BDI was at 1,803, according to Baltic Exchange data.
After a fun summer, the party is over for dry markets as bearish sentiment depresses rates ahead of the New Year.
The Baltic Dry Index (BDI) has fallen below 1,400 points to its lowest level since 28 June.
The index was assessed today at 1,378 points, continuing a rout seen since 28 October, when the BDI was at 1,803, according to Baltic Exchange data.