Demand for Capesize Vessels, Baltic Index Climbs Up

• The Baltic Exchange’s main sea freight index,rose on Tuesday as stronger demand for capesize vessels offset a dip in panamax and supramax rates.
• The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up 20 points, or about 1%, to 2,092.
• The capesize index climbed 134 points, or 5.6%, to 2,528, its highest since Jan. 25.

A recent news published in Yahoo edited by Devika Syamnath says that higher capesize rates buoy Baltic index.

The capesize index...

https://mfame.guru/demand-for-capesize-vessels-baltic-index-climbs-up/