The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, posted gains for a fifth straight week on Friday as capesize rates strengthened. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 19 points, or 0.6%, to 3,300 and was up 0.5% for …
The post Baltic main index posts fifth straight weekly rise on capesize strength first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John