The days of gloom for the shipping companies may be over as far as charter rates were concerned. Internationally, freight indices are showing a sharp upward trend, thanks to the mounting war tension on Iraq by the US.
Today, the Baltic Dry Index rose 30 points to 1863, the Baltic Capesize Index rose 46 points to 2548, the Baltic Panamax Index rose 17 points to 1789 and the Baltic Handymax Index rose 236 points to 11247.
Recently the central government
