Baltic index falls for second straight session on softer capesize rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a second consecutive session on Thursday, dragged by declining rates in capesize shipping vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 14 points, or 0.94%, at 1,473 points. The …

Scroll to Top