The Baltic Exchange’s main sea freight index dipped to its lowest since mid-February on Monday as rates for the larger capesize segment fell for the eighth straight session. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 24 points, or 1.4%, to 1,651. The capesize index, …
The post Sliding capesize rates drag Baltic index to near 2-week low first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/sliding-capesize-rates-drag-baltic-index-to-near-2-week-low/