The Baltic Exchange’s dry bulk sea freight index rose on Friday, helped by an uptick in capesize and panamax vessel rates. The overall index, which factors in rates for capesize, panamax and supramax vessels, rose 78 points, or 4.1%, to 1,964. However, the index dropped 0.7% for the week. The capesize index jumped 228 points, …
The post Baltic Index Gains On Strong Capesize Demand first appeared on Hellenic Shipping News Worldwide.