Baltic index down for seventh day on weak vessel demand

The Baltic Exchange’s dry bulk sea freight index fell for a seventh straight session on Monday as rates declined across all its vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, slipped 33 points, or 1.9%, to 1,731 for its lowest since early last March. The capesize index fell …

The post Baltic index down for seventh day on weak vessel demand first appeared on Hellenic Shipping News Worldwide.

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