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The BDI has crossed the 3,000-point threshold — and owners are bullish for more

  • Chinese bulk imports, especially iron ore, have been strong at the start of the year
  • Increased tonne miles alongside modest fleet growth is good news for cape owners
  • Global GDP growth stagnation as a result of Hormuz remains a concern

Dry bulk has flown under the radar amid huge tanker rallies, but the sector is putting together a successful start to the year, and owners are confident that the future holds more of the same

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