George Lauriat | May 10, 2021 | Maritime | Bulk
With May here, surprisingly the Baltic Dry Bulk Index (BDI) breached 3,000 points. It’s the highest the BDI has reached in over a decade. It’s no surprise that the underpinnings of the BDI surge are the demand in China. Still, the surge has many contributing, and potentially volatile, components. And the question is how long will the upside of the super cycle last?