Baltic index rises on capesize push

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Tuesday as capesize rates touched their highest level in over a year. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels rose 81 points, or 2.9%, to 2,889 – a more than ten-year …

The post Baltic index rises on capesize push first appeared on Hellenic Shipping News Worldwide.

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