Capesize, Supramax Rates Fall! Baltic Index Slips by 1%

Capt. John
  • Baltic index  fell 4 points, or 1%, to 411 on lower capesize, supramax vessel rates.
  • The panamax index rose 5 points, or 0.9%, to 546.

According to a Reuters report, capesize, supramax components of the Baltic Sea Freight Index declined on Monday, affected by weaker demand for capesize and supramax vessels outweighing stronger rates for the panamax category.

The developments
  • The Baltic index, which tracks rates for capesize, panamax and supramax vessels to ferry dry bulk commodities, fell 4...

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