T he sun was blazing, the fruit trees were flowering and the stylish young men and women were chatting and kissing on the banks of the Seine. Paris in the spring: what can beat such exuberance? Well maybe the humble old Baltic Freight Index (BFI) in London, which recently hit its highest level for two-and-a-half years.
There is little doubt that a stronger-than-expected Chinese economy plus a better freight demand/supply balance are helping dry bulk shipowners.
