The Baltic Exchange’s main sea freight index dipped on Friday, notching its first weekly decline in seven, as the capesize vessel segment posted its worst week in eight months. The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, dropped 18 points, or 1.2%, to 1,452. The main index …
The post Baltic index marks first weekly drop in seven on capesize weakness first appeared on Hellenic Shipping News Worldwide.