The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities fell for a ninth consecutive session on Monday, driven by lower rates for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 68 points, or 4.6%, at …
The post Baltic index slips for 9th session as rates for larger vessels dip first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John