The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Wednesday to its highest since September 2010, as demand strengthened across vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels rose 68 points, or 2.4%, to 2,957, a peak since mid-September …
The post Higher vessel rates lift Baltic index to 10-1/2-year peak first appeared on Hellenic Shipping News Worldwide.