China Merchants Energy Shipping board secretary Kong Kang said at a Sept. 7 results briefing that the Baltic Dry Index (BDI) has recently reached new highs, driven by Capesize long‑haul demand as shipments of Australian iron ore and West African bauxite showed marginal improvement. The company said it remains constructive on the outlook for the dry bulk market.

2026-09-07

China Merchants Energy Shipping board secretary Kong Kang said at a Sept. 7 results briefing that the Baltic Dry Index (BDI) has recently reached new highs, driven by Capesize long‑haul demand as shipments of Australian iron ore and West African bauxite showed marginal improvement. The company said it remains constructive on the outlook for the dry bulk market.