The Baltic Exchange’s main sea freight index retreated on Friday, but still notched up an over 9% weekly rise driven by strong overall gains in the capesize segment. The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, shed 38 points, or 2.1%, to 1,754, but firmed 9.2% this …
The post Baltic index marks 5th straight weekly gain on capesize strength first appeared on Hellenic Shipping News Worldwide.