The Baltic Exchange’s dry bulk sea freight index fell to a one-and-a-half month low on Wednesday and posted its biggest daily percentage fall since January, weighed down by weak demand across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, fell by 248 points, or 6.1%, to …
The post Lower rates across vessels drag Baltic index to 1-1/2 month low first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John