Baltic index momentum continues, hits highest in over a decade

Capt. John

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, jumped to its highest in over a decade on Monday, powered by rising demand across vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, jumped about 3% or 103 points at …

The post Baltic index momentum continues, hits highest in over a decade first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/baltic-index-momentum-continues-hits-highest-in-over-a-decade/

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