The Baltic Exchange’s dry bulk sea freight index snapped a 14-session losing streak on Thursday, as gains in capesize rates outweighed losses in the panamax and supramax segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, edged 6 points higher to 1,302. The capesize index gained 116 points, or 16.5%, …
The post Baltic index snaps 14-session losing streak as capesize rates gain first appeared on Hellenic Shipping News Worldwide.