Baltic index snaps 5-day winning streak as capesize rates drag

Capt. John

The Baltic Exchange’s main dry bulk sea freight index slipped on Thursday after rising for five straight sessions as a dip in capesize rates overshadowed gains in the smaller vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, lost 18 points at 4,215. The capesize index extended fall …

The post Baltic index snaps 5-day winning streak as capesize rates drag first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/baltic-index-snaps-5-day-winning-streak-as-capesize-rates-drag/

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