The Baltic exchange’s main sea freight index rose on Tuesday, led by the highest capesize vessel rates in nearly 11 years. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, added 104 points, or 3.4%, to a near 11-year peak of 3,157. The capesize index rose 284 …
The post Baltic index gains as capesize rates soar to highest since 2010 first appeared on Hellenic Shipping News Worldwide.