The Baltic Exchange’s main sea freight index touched its highest level since mid-January on Thursday, driven by higher panamax and supramax vessel rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, was up 16 points, or 0.9%, to 1,779, its highest level since Jan. 22. The …
The post Baltic index hits over 1-month high on stronger panamax, supramax rates first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John