The Baltic Exchange’s main sea freight index rose for an eighth straight session to its highest in three weeks on Thursday, steered by stronger rates across all vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, rose by 22 points, or 1.8%, to 1,219, its highest since Nov. 4. …
The post Baltic index hits 3-week high as vessel rates climb first appeared on Hellenic Shipping News Worldwide.