The Baltic Exchange’s dry bulk sea freight index declined on Wednesday, pressured by lower rates across the capesize vessel segment, recording its lowest level since June. The overall index, which factors in rates for capesize, panamax and supramax vessels, lost 65 points, or 2.8%, to 2,229, its lowest since April 14. Rates for the vessels …
The post Baltic index falls as capesizes hit lowest in seven months first appeared on Hellenic Shipping News Worldwide.