Baltic sea freight index firms on panamax strength

The Baltic Exchange’s main sea freight index firmed on Wednesday as a jump in rates for the panamax segment offset declines in larger capesizes. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up 19 points, or about 1.7%, at 1,133 points. The capesize index fell by 72 points, …

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