The Baltic Dry Index has risen above 2,000 points for the first time in five months, signalling that sentiment in dry-bulk markets is riding high once again.
The index rose by 34 points on Tuesday to 2,017, which is the highest level seen since 7 October.
Growth in the index has been steady since mid-February but has faltered over the past week, caused by a slight correction in the capesize bulker market.
