The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, ticked higher on Wednesday on higher activity across vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, gained 38 points, or 1.8%, to 2,178, its highest level since March 26. The capesize index …
The post Rising vessel rates propel Baltic index to near 3-week crest first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
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