The Baltic exchange’s main sea freight index fell on Friday to log its worst weekly performance in about four months, as capesize rates dropped. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, dropped 92 points, or 3.4%, to 2,596. The main index fell 9.5% for the …
The post Baltic index marks worst week in 4 months as capesize rates drop first appeared on Hellenic Shipping News Worldwide.