The Baltic Dry Bulk Index has continued to rise recently. Kong Kang, secretary of the board of directors of China Merchants Shipping, said at the performance briefing on September 7 that BDI recently reached a new high, mainly driven by demand for long-haul routes for Cape of Good Hope ships, and there has been a marginal improvement in transportation demand for Australian iron ore, West African bauxite, etc. The company maintains a positive attitude towards the future dry bulk market.

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