A lack of orders for new ships is providing further support to the dry bulk freight market as demand for commodities accelerates, a senior executive at U.S. agribusiness giant Cargill said. The Baltic Exchange’s main sea freight index, which gauges the cost of shipping commodities such as grain, iron ore, cement, coal, and fertilizer, has …

The post Fewer orders of new vessels supports dry bulk shipping outlook – Cargill first appeared on Hellenic Shipping News Worldwide.