Baltic index snaps 5-day winning streak as larger vessels rates slip

The Baltic Exchange’s dry bulk sea freight index snapped a five-session winning streak on Tuesday as demand for capesize and panamax vessels weakened. The overall index, which factors in rates for capesize, panamax and supramax vessels, was down 16 points, or 0.81%, at 1,968, breaking its winning streak. The capesize index dipped 82 points, or …

The post Baltic index snaps 5-day winning streak as larger vessels rates slip first appeared on Hellenic Shipping News Worldwide.

Scroll to Top