Firm Smaller Vessels Segments Push Baltic Index Up By 9.6%

• The Baltic dry index gained 131 points, or 9.6%, to 1,495, a peak since Jan. 27.
• The capesize index jumped 224 points.
• The panamax index advanced 175 points.
• The supramax index rose 30 points.

The Baltic Exchange’s main sea freight index surged to its highest since late January on Tuesday due to buoyant rates, reports Yahoo Finance.

The Baltic Exchange’s main sea freight index surged to its highest since late January on Tuesday as forward-looking market sentiment lifted...

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