Baltic index posts fourth weekly loss on dip in smaller vessels

The Baltic Exchange’s dry bulk sea freight index fell for the 12th straight session on Friday as weakness in the supramax and panamax segments outweighed capesize gains. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 6 points, or about 0.3%, to 2,055 points, its lowest since Feb. 28. …

The post Baltic index posts fourth weekly loss on dip in smaller vessels first appeared on Hellenic Shipping News Worldwide.

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