The Baltic Exchange’s main sea freight index, which tracks rates for capesize, panamax and supramax vessels, slipped on Monday due to lower rates for the capesize vessel segment. The Baltic dry index shed 4 points, or 0.4%, to 1,111. The capesize index fell 26 points, or 1.7%, to 1,481. Average daily earnings for capesizes, which …
The post Baltic index drifts lower as capesize rates weigh first appeared on Hellenic Shipping News Worldwide.
