Dry bulkers up as shipping rates continue to rally

|By:, SA News Editor

The seemingly perpetual ascent of shipping rates continues, with capesize rates hitting $36,388, the highest level since at least November of 2010.

The usual suspects are all markedly higher: GNK +1.5%, EGLE +12.2%, DRYS +9.1%, SBLK +1.3%, DSX +4%, BALT +3%, SB +1.8%, NM +1.2%, FREE +23%

ETF - SEA +0.3%