Baltic index scales near three-month peak on demand for smaller vessels

The Baltic Exchange’s main sea freight index .BADI rose to its highest level in nearly three months on Thursday, propelled by gains in smaller panamax and supramax vessels. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, increased 14 points to 1,247, its highest since …

Scroll to Top