Baltic index snaps 4-day winning streak as larger vessel rates fall

The Baltic Exchange’s dry bulk sea freight index snapped a four-session winning streak on Thursday, weighed down by lower rates for capesize and panamax vessels as Russia launched an all-out invasion of Ukraine. The overall index, which factors in rates for capesize, panamax and supramax vessels, slipped 57 points to 2,187. The capesize index fell …

The post Baltic index snaps 4-day winning streak as larger vessel rates fall first appeared on Hellenic Shipping News Worldwide.

Scroll to Top