The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, marked its fourth consecutive weekly fall on Friday as capesize demand remained numb, says an article published on gcaptain.
Average daily earnings- The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down one point to 676, levels last seen during June 2020. The index was down 11.4% for the week.
- The capesize...
https://mfame.guru/baltic-dry-index-marks-fourth-consecutive-drop/