As we approach the final trading days of 2024, the Baltic Dry Index paints a picture of a year marked by more subdued performance in dry bulk shipping, especially when compared to the strong activity levels seen in 2023. The fourth quarter, typically a peak period for dry bulk trades, has proven to be much more muted, with each market segment struggling to replicate the remarkable gains of the previous year.
Market Segment Performance- Capesize Segment:
- In 2023, the Capesize segment was buoyed...