The Baltic Exchange’s dry bulk sea freight index extended losses for a fifth consecutive session on Wednesday, weighed down by lower rates for panamax and supramax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, dipped 48 points, or about 2%, to 2,369 points. The panamax index dipped …
The post Baltic index down for fifth session as panamax, supramax rates retreat first appeared on Hellenic Shipping News Worldwide.