The Baltic Exchange’s dry bulk sea freight index fell for the eleventh straight session on Friday, en route to its second consecutive weekly decline, tracking weaker rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 59 points, or 4%, to 1,415, its lowest since mid-February …
The post Baltic index falls for eleventh day as vessel demand stays weak first appeared on Hellenic Shipping News Worldwide.