The Baltic Exchange’s dry bulk sea freight index snapped four straight sessions of gains on Wednesday, weighed down by lower rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, eased 21 points, or 1.5%, to 1,419. The capesize index slipped 17 points, or 1.3%, to 1,280. …
The post Baltic index snaps 4-day rally on weaker rates for all vessels first appeared on Hellenic Shipping News Worldwide.