The Baltic exchange’s main sea freight index rose on Wednesday, its highest since mid-2010, boosted by gains across vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose by 109 points, or 3.5%, to 3,266, its strongest level since June 2010. The capesize index rose …
The post Stronger rates lift Baltic index to near 11-year peak first appeared on Hellenic Shipping News Worldwide.