The Baltic Exchange’s main sea freight index, tracking rates for capesize, panamax and supramax vessels, registered its steepest decline in more than three months on Thursday, driven by reduced demand for capesizes. The Baltic index fell 87 points, or 6.3%, the biggest percentage decline since July 22, to 1,297, which was a trough since Sept. …
The post Baltic index marks biggest dip in over 3 months as capesizes drag first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John