Baltic index marks weekly rise on firmer vessel rates

The Baltic Exchange’s main sea freight index rose on Friday, while also notching a weekly gain, helped by higher rates across vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, climbed 50 points, or 2.8%, to 1,829 – its highest since Jan. 21. The index …

The post Baltic index marks weekly rise on firmer vessel rates first appeared on Hellenic Shipping News Worldwide.

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