The Baltic Exchange’s main sea freight index fell on Thursday as rates weakened across all vessel segments, with a lower iron ore export outlook from a Brazilian miner weighing on the capesize segment. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, fell by 12 points, or 1%, to 1,189, the …
The post Baltic index dips as dour Brazilian export outlook drags first appeared on Hellenic Shipping News Worldwide.