Baltic index rises as supramax rates scale record high

Capt. John

The Baltic Exchange’s main sea freightindex rose on Tuesday as another surge in supramax vessel ratescountered lower prices for the capesize and panamax segments. The Baltic dry index, which tracks rates forcapesize,panamax and supramax vessels ferrying dry bulk commodities,gained 18 points, or 1.1%, to 1,727. The capesize index slipped 79 points, or 4.7%, to1,594. Average …

The post Baltic index rises as supramax rates scale record high first appeared on Hellenic Shipping News Worldwide. ...

https://www.hellenicshippingnews.com/baltic-index-rises-as-supramax-rates-scale-record-high/

Leave a Comment

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