The Maritime Professional has summarized this week’s Baltic Index surge in these words “The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, on Tuesday retraced from its six-week high in the previous session, weighed down by declines in Capesize vessel rates.”
- The overall index, which factors in rates for Capesize, Panamax, and supramax shipping vessels, shed 11 points, or 0.8 percent, to land at 1,395 points.
- The index had touched its highest in...