The Baltic Exchange’s main sea freight index slipped on Friday, but ended higher for the first week in three on stronger capesize vessel rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was down 3 points, or 0.1%, at 2,085. The index was up 0.6% this week. The capesize index …
The post Baltic index logs weekly gain on buoyant capesize rates first appeared on Hellenic Shipping News Worldwide.