The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Friday to log its second straight weekly gain as capesize rates climbed to over six-week high. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up 24 points, or 1.8%, at 1,325, …
The post Baltic index gains for second straight week as capesize rates jump first appeared on Hellenic Shipping News Worldwide.