Freight Market Faces Decline Amid Weak Demand

The Baltic Dirty Tanker Index (BDTI) has seen a significant downturn, dropping 15% over the past month, effectively reversing the gains made in the previous 30 days. This decline is primarily attributed to a slump in the Atlantic market, where suezmax rates plummeted by 45%. Despite these disappointing figures, ship owners can still achieve a … Continue reading Freight Market Faces Decline Amid Weak Demand