Baltic Exchange’s main sea freight index , which tracks rates for ships carrying dry bulk commodities, snapped a five-session winning streak on Wednesday as demand for capesize vessels weakened. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 35 points, or 1%, to 3,383. The index logged the highest …
The post Baltic index snaps 5-day winning streak as capesize rates slide first appeared on Hellenic Shipping News Worldwide.
Author: Capt....