Pan Ocean: Industry Upturn Backed by Inflation

Capt. John

The Baltic Dry Index (BDI) currently stands at 2,215p, up 58.0% YTD and 181.5% vs. the 2020 average. The index is continuing on an uptrend backed by global economic recovery and tight vessel supply caused by weak order placements in 2019-2020. Ocean’s operating profit is forecast at KRW54.5bn...

https://www.hellenicshippingnews.com/pan-ocean-industry-upturn-backed-by-inflation/

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