Baltic index dips on lower capesize rates

The Baltic Exchange’s dry bulk sea freight index slipped on Friday, as a dip in capesize rates overshadowed gains in the panamax and supramax segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 2 points to 1,423. The capesize index slipped 49 points, or 3.8%, to 1,242. Average daily …

The post Baltic index dips on lower capesize rates first appeared on Hellenic Shipping News Worldwide.

Scroll to Top