The Baltic Exchange’s dry bulk sea freight index fell for a third straight session on Monday on weaker rates for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax and supramax vessels, slipped 36 points to 2,040. The capesize index fell 74 points to 1,617. Average daily earnings for capesizes, …
The post Baltic index down for third day on lower demand for large vessels first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John