Baltic index logs best week in 12 on capesize demand

The Baltic Exchange’s dry bulk sea freight index rose on Friday and posted its biggest weekly percentage gain since late-September, buoyed by strong demand for capesize vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 32 points, or about 2.1%, at 1,560, its highest …

Scroll to Top