The Baltic Exchange’s dry bulk sea freight index dipped on Friday, registering its biggest weekly decline since July 2020, pulled lower by weakened rates across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, was down 54 points, or 2%, to 2,715, its lowest since June 10. The main …
The post Baltic index records worst week since July 2020 as vessel rates drop first appeared on Hellenic Shipping News Worldwide.