Baltic Exchange’s main sea freight index , which tracks rates for ships carrying dry bulk commodities, was dragged lower by a drop in earnings of the larger capsize segment. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 45 points, or 1.3%, to 3,338. The capesize index slid 241 …
The post Baltic index falls on easing capesize rates first appeared on Hellenic Shipping News Worldwide.