Baltic index dips on weaker demand for larger vessels

The Baltic Exchange’s dry bulk sea freight index slipped on Wednesday as lower rates for capesize and panamax vessels outweighed gains in the supramax segment. The overall index, which factors in rates for capesize, panamax and supramax vessels, was down 72 points, or nearly 3.7%, at 1,896, the lowest since Feb. 10. The capesize index …

The post Baltic index dips on weaker demand for larger vessels first appeared on Hellenic Shipping News Worldwide.

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