The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday as capesize vessel rates firmed. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 40 points, or 1.2%, to 3,281. “Looking ahead, we believe the global economic recovery and infrastructure …
The post Baltic index gains on stronger capesize rates first appeared on Hellenic Shipping News Worldwide.