The Baltic Exchange’s sea freight index experienced a pause in its three-day winning streak as capesize rates saw a dip. This shift was primarily influenced by lower rates in the capesize vessel segment. These fluctuations in shipping rates offer valuable insights into global trade and economic trends as reported by Hotcopper.
- The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell by 8 points or 0.4% to 1,983.
- The...
https://mfame.guru/baltic-exchanges-sea-freight-index-and-capesize-rates/