The Baltic Exchange’s main sea freight index edged lower on Monday, marking its second straight month of declines, as rates fell for the capesize vessel segment. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was down by 3 points, or 0.2%, at 1,227, snapping a nine-session rally. The index lost …
The post Baltic index posts second monthly fall as lower capesize rates weigh first appeared on Hellenic Shipping News Worldwide.