International marine news
The BDI Baltic Index continued to rise from the historical low of 642 in February this year. As of May 17, it rebounded to a high of 1137. The China Containerized Freight Index also climbed from the lowest point at the end of last year to less than 900 points. 1322 points. The warm-up situation is obvious, but it is still at a low level. In addition, the cost of shipping companies remains high. The short-term situation is not optimistic, but the bottom of the market seems to have formed. We have reason to believe that the shipping market is recovering.