The Baltic Exchange’s main sea freight index, which tracks rates for capesize, panamax and supramax vessels, rose on Thursday, helped by strong demand for capesize vessels. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, rose 26 points, or 1.2%, to 2,072. The index gained nearly 50% in the first quarter. …
The post Baltic index rises as capesize rates hit 2-month high first appeared on Hellenic Shipping News Worldwide.