Baltic index scales over 1-year peak as vessel rates jump

Capt. John

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to its highest level since September 2019 on Thursday as demand strengthened across vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, rose 145 points, or 6.7%, to 2,323, its highest since …

The post Baltic index scales over 1-year peak as vessel rates jump first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/baltic-index-scales-over-1-year-peak-as-vessel-rates-jump/

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