Baltic index records first weekly gain in five as capesizes strengthen

The Baltic Exchange’s dry bulk sea freight index eased on Friday, but posted its first weekly rise in five weeks, helped by stronger rates for the larger capesize vessel segment. The overall index, which factors in rates for capesize, panamax and supramax vessels, was down 37 points, or 1.3%, at 2,807. The main index gained …

The post Baltic index records first weekly gain in five as capesizes strengthen first appeared on Hellenic Shipping News Worldwide.

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