The Baltic Exchange’s main sea freight index posted its first annual gain in three years on Thursday as iron ore shipments to China bounced higher, despite a hit to shipping activity due to the coronavirus pandemic. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up 4 points, or 0.3%, …
The post \Baltic index marks first yearly gain in three on China iron ore demand\<\/a\> first appeared on \Hellenic Shipping News Worldwide\<\/a\>.