Baltic index edges lower on weak panamax, supramax demand

The Baltic Exchange’s dry bulk sea freight index edged lower on Friday, as a decline in panamax and supramax vessel rates outweighed gains in the capesize segment. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 7 points to 2,289. The index has risen more than 3% this week, after …

The post Baltic index edges lower on weak panamax, supramax demand first appeared on Hellenic Shipping News Worldwide.

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