Fellow shipping investors,
The link between the BDI Index and the shipping companies that carry dry bulk is established. What i am finding difficult to understand is the magnitude of the recent slump in the index which is obviously a major contributor to the slump in the related shipping stocks. Can anyone please try and explain the reasons behind the index's slump and any ideas on when this might turn and the reasons for the turn around should arrive ? Many thanks.
With thanks.
RP