According to an article published in MarineLink, the Baltic Exchange’s main sea freight index fell to a more than two-week low.
Weaker rates for Panamax vessels- The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 0.8%, or 15 points, to 1,922 points, its lowest since July 12.
- Nevertheless, the Capesize index rose 13 points, or 0.4%, to 3,660 points.
- Average daily earnings for capesizes, which typically transport 170,000 tonne-180,000 tonne cargoes such as iron ore...