Baltic index extends slide but higher panamax rates stem losses

Capt. John

The Baltic Exchange’s dry bulk sea freight index slipped for the eighth straight session to a four-month low on Wednesday, but a recovery in panamax vessel rates capped losses. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 16 points, or 1.2%, to...

https://www.hellenicshippingnews.com/baltic-index-extends-slide-but-higher-panamax-rates-stem-losses/

Leave a Comment