The Baltic Exchange’s dry bulk sea freight index dropped to an 11-month low on Tuesday, pressured by weaker demand across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 87 points, or 5%, to 1,644, its lowest level since mid-February. The capesize index dropped 153 points, or …
The post Baltic index falls to 11-month low as rates slide across vessels first appeared on Hellenic Shipping News Worldwide.