The Baltic Exchange’s dry bulk sea freight index fell for a 12th straight session on Monday, hurt by declining capesize rates. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 24 points, or 1.7%, to 1,391, its lowest since mid-February 2021. The capesize index slipped 55 points, or 6.2%, to …
The post Baltic index down for 12th day on lower capesize rates first appeared on Hellenic Shipping News Worldwide.