Baltic index slips on weaker panamax, capesize rates

The Baltic Exchange’s main sea freight index fell on Wednesday, as weaker demand for panamax and capesize vessels weighed. The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 12 points, or 0.4%, to 3,154. The capesize index lost 3 points to 3,841, its lowest since July …

The post Baltic index slips on weaker panamax, capesize rates first appeared on Hellenic Shipping News Worldwide.

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