Baltic Exchange’s main sea freight index , which tracks rates for ships carrying dry bulk commodities, fell for the fifth consecutive session on Tuesday, pressured by weaker rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 45 points, or 1.4%, to 3,179. The capesize …
The post Baltic index falls for fifth day on muted demand across segments first appeared on Hellenic Shipping News Worldwide.