Baltic Index Registers Seventh Straight Weekly Gain

Capt. John

The Baltic Exchange’s main sea freight index rose to register a seventh straight weekly gain on July 3, as demand gained steam across all vessel segments, reports Reuters.

Baltic dry index climbs high
  • The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, rose 71 points, or 3.9%, to 1,894, climbing to its highest since mid-October 2019 and rising 8.3% for the week.
  • Easing virus-led lockdowns in China have...

https://mfame.guru/baltic-index-registers-seventh-straight-weekly-gain/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon