Baltic index falls for 9th day as vessel rates retreat

The Baltic Exchange’s dry bulk sea freight index on Tuesday fell for a ninth consecutive session, on a dip in rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 94 points to 2,213 points. The capesize index fell 172 points, or 9.6%, and touched …

The post Baltic index falls for 9th day as vessel rates retreat first appeared on Hellenic Shipping News Worldwide.

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