The Baltic Exchange’s dry bulk sea freight index extended losses on Friday, weighed down by lower rates for capesize and panamax vessels as markets assessed the impact of the Ukraine crisis. The overall index, which factors in rates for capesize, panamax and supramax vessels, slipped 111 points to 2,076, but gained 5.7% for the week. …
The post Baltic index dips as larger vessel rates fall first appeared on Hellenic Shipping News Worldwide.
