Baltic index rises for fourth day on firm capesize demand

The Baltic Exchange’s dry bulk sea freight index rose for a fourth straight session on Tuesday as higher capesize rates offset losses in the panamax and supramax segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, gained 22 points, or 1.6%, to 1,440. The capesize index rose 89 points, or …

The post Baltic index rises for fourth day on firm capesize demand first appeared on Hellenic Shipping News Worldwide.

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