Capesize Demand Boosts Baltic Index to 1-year High

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Baltic index climbs to 1-yr high on robust capesize demand, reveals a Hot Copper news source.

The Baltic Exchange’s dry bulk sea freight index

BADI climbed to a 1-year high on Friday as capesize rates firmed for a fifth consecutive week.

  • The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 102 points, or 5.6%, to 1,929.
  • The main index rose 13.4% for the week to log its fifth consecutive weekly rise.
  • The...

https://mfame.guru/capesize-demand-boosts-baltic-index-to-1-year-high/

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