The Baltic Exchange’s main sea freight index snapped a seven-session winning streak on Friday as capesize rates declined, but was up for the second straight week. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, fell 49 points, or 1.5% to $3,218. The main index was up more than 12% for …
The post Baltic index snaps seven-session winning streak as capesize rates dip first appeared on Hellenic Shipping News Worldwide.