Baltic Index Snaps 4-session Losing Streak

Capt. John

The Baltic Exchange’s main sea freight index gained on Tuesday, reports Yahoo Finance.

Baltic index gain

The Baltic Exchange’s main sea freight index gained on Tuesday, snapping a four-session run of losses, helped by stronger rates in the capesize and panamax vessel segments.

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, was up 22 points, or 1.3%, to 1,673.

Capesize Index

The capesize index rose 57 points, or 4%, to 1,465,...

https://mfame.guru/baltic-index-snaps-4-session-losing-streak/

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