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BDI Hits 468 Points, Operators Offload More Bulkers

On Tuesday, the benchmark Baltic Dry Index hit a new all-time low of 468 points, in what analysts at Deutche Bank described as a “perfect storm” for bulker operators. The index exceeded 10,000 points only five years ago.

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The Dawn of the Chinese Cruise Market

China has the potential to become the world’s largest cruise market. A burgeoning middle class is flocking to luxury vacation cruises. The government boosts the trend by supporting more lenient annual leave policies for employees.

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