The Baltic Exchange’s dry bulk sea freight index rose for a fifth straight session on Monday supported by strong demand for panamax vessels, which hit a one-month high. The overall index, which factors in rates for capesize, panamax and supramax vessels, was up 7 points, or 0.4%, at 1,984, its highest since Jan. 12. The …
The post Baltic index rises for 5th session as panamax hits 1-month high first appeared on Hellenic Shipping News Worldwide.