The dry bulk market has surged to its highest level in 18 months, with China's economic rejuvenation efforts, particularly in the real estate sector, playing a crucial role. The Baltic Capesize Index (BCI) saw a remarkable 78% increase in November, attributed to China's liquidity injections and efforts to support struggling real estate developers. Additionally, South African port congestion, disruptions in the Panama Canal, and expectations of increased investment in China's urban development have contributed to the spike. The Panamax, Supramax, and Handysize sectors also experienced significant gains.

SOURCE:GOOGLE