Baltic index slips as capesizes dip for seventh straight session

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday as the capesize segment extended its losing streak to a seventh straight session. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 76 points, or 4.6%, at 1,561 points, …

The post Baltic index slips as capesizes dip for seventh straight session first appeared on Hellenic Shipping News Worldwide.

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