Baltic falls below 4-month low on sliding vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for capesize, panamax and supramax vessels, fell to a more than four-month low on Tuesday, on lower rates across all vessel segments. The Baltic dry index was down 21 points, or 1.6%, at 1,263 – its lowest since mid-June. The capesize index fell 33 points, …

The post Baltic falls below 4-month low on sliding vessel rates first appeared on Hellenic Shipping News Worldwide.

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