Baltic index flat as lower capesize rates offset gains in smaller vessels

The Baltic Exchange’s dry bulk sea freight index inched lower on Monday, as a dip in capesize rates countered a rise in the panamax and supramax segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell by a point to 1,422. The capesize index fell 94 points, or 7.6%, to …

The post Baltic index flat as lower capesize rates offset gains in smaller vessels first appeared on Hellenic Shipping News Worldwide.

Scroll to Top