The Baltic Exchange’s dry bulk sea freight index fell for a fifth straight session on Thursday, and touched a fresh 10-month low on waning demand across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, slipped 154 points, or 7.6%, to 1,873, its lowest since early March 2021. The …
The post Baltic index extends losing streak to 5th day on falling vessel rates first appeared on Hellenic Shipping News Worldwide.