Baltic index gains; panamax ends worst month in 18

The Baltic Exchange’s main sea freight index gained on Friday as the capesize index hit an over two-month peak, offsetting losses in the panamax segment that posted biggest monthly fall in 18. The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, gained 78 points, or 2.4%, to …

The post Baltic index gains; panamax ends worst month in 18 first appeared on Hellenic Shipping News Worldwide.

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