The Baltic Exchange’s main sea freight index snapped four sessions of gains on Tuesday due to lower rates in the capesize and panamax vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, dropped 44 points, or 1.4%, to 3,166. The capesize index lost 106 points, …
The post Baltic index ends four-day winning streak on capesize, panamax drop first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John