The Baltic Exchange’s dry bulk sea freight index fell for a ninth straight session on Wednesday, touching its lowest level in about a year, on weaker demand across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 74 points, or 4.5%, to 1,570, its lowest since February …
The post Weaker demand across vessels drag Baltic index to near 1-year low first appeared on Hellenic Shipping News Worldwide.