Baltic Exchange’s main sea freight index , which tracks rates for ships carrying dry bulk commodities, eased on Monday pressured by declines in capesize and panamax vessel rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 61 points, or 1.9%, to 3,224. The capesize index dropped 161 points, …
The post Baltic index dips as weaker rates for larger vessels weigh first appeared on Hellenic Shipping News Worldwide.