Baltic index gains as capesizes extend upward momentum

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest since late October on Wednesday as capesize rates extended gains to a tenth consecutive session. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, gained 32 points, or 2.4%, to 1,362, a …

The post \Baltic index gains as capesizes extend upward momentum\<\/a\> first appeared on \Hellenic Shipping News Worldwide\<\/a\>.

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