The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, inched lower on Tuesday due to slight weakness in the large and medium vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 6 points, or 0.2%, to 3,053. The capesize index fell …
The post Baltic index falls on lower capesize, panamax rates first appeared on Hellenic Shipping News Worldwide.