Baltic index hits near 3-week peak on higher rates across vessels

The Baltic Exchange’s dry bulk sea freight index rose to a near three-week high on Tuesday, helped by strong demand across all its vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, rose 81 points, or 5.7%, to 1,503, its highest level since Jan. 19. The capesize index climbed …

The post Baltic index hits near 3-week peak on higher rates across vessels first appeared on Hellenic Shipping News Worldwide.

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