The plunge in shipping rates claims a victim as Korea Lines, an operator of 180 vessels, files...

|By:, SA News Editor

The plunge in shipping rates claims a victim as Korea Lines, an operator of 180 vessels, files for bankruptcy. A sign of more pain to come for shippers, or a bell ringing at the bottom? (BALT -2.8%) may be a decent proxy for the Baltic Dry Shipping Index.