Baltic Index Dips As Larger Vessels Take A Step Back

Capt. John
Credit: Hellas Posts /Eagle Bulk

The Baltic Exchange’s main sea freight index on Tuesday fell to its lowest level in nearly four weeks, pressured by a dip in the larger capesize and panamax vessel segments.

Panamax Segment Hits Four-Month Low

The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 24 points, or 2.3%, to 1,044 – its lowest level since June 8.

Supramax Index Remains Stable 

The capesize index dipped 50 points,...

https://mfame.guru/baltic-index-dips-as-larger-vessels-take-a-step-back/

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