16.09.2013 - Shipping rates up for commodities |
Global shipping rates for commodities have climbed to their highest level since January last year according to the Baltic Dry Index, which tracks global freight rates for ships carrying dry-bulk commodities. The Index is seen as one of the key predictors of economic growth around the world. On Wednesday last week, it climbed 4.6%, taking its rally to around 36% for this month alone, as reported by The Australian...............................................Full Article: Source |