Abstract

In recent years, under the influence of world economic adjustments, local regional wars, and major national trade frictions, the global bulk cargo shipping industry market has been in a slump, and shipping companies are facing a severe test, and the Baltic Dry Index is lacking in strength for a pick-up. Through studying the influencing factors of the Baltic Dry Index, this article draws a relatively viable shipping business strategy from the perspective of the guiding value of the Baltic Dry Index for further guides operation to shipping companies.

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