The Baltic Exchange’s main dry bulk sea freight index rose to a more than 11-year high on Friday, advancing for a sixth consecutive week, as gains in the larger capesize segment countered a retreat in panamaxes. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, gained 40 points, or 1%, …
The post Baltic index logs sixth straight weekly gain on capesize strength first appeared on Hellenic Shipping News Worldwide.