The Baltic Exchange’s main sea freight index ended higher on Friday to notch its biggest weekly gain in five weeks, as a surge in capesize rates outweighed losses in the panamax segment. The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 96 points, or 3.1%, to …
The post Baltic Index Records Best Week In Five On Capesize Surge first appeared on Hellenic Shipping News Worldwide.