Reply To: China Impact on Shipping Sees BDI Fall to Four Month Low, down 25.4% to Start 2023 


Shipping indices accelerate lower first trading day of 2023

Baltic Dry #BDI record drop of 17.5% to 1,250, lowest since Nov 24th
Capesize smashed 27.7%, worst day in over 4 mths
Panamax fell 6.3% to 1,438, lowest since Sept 6th
Supramax lost 8.8% to 968, lowest in over 2 years