Baltic Index Slips As Capesize Rates Decline

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a four-day winning streak on Monday, pressured by declining capesize vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 20 points, or 1%, to 2,084 points. The capesize index …

Scroll to Top