The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell on Tuesday, as lower panamax vessel rates outweighed a slight gain in the larger capesize segment. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, dipped 5 points, or 0.2%, to 2,140. The capesize …
The post Baltic Index Drifts Lower On Panamax Weakness first appeared on Hellenic Shipping News Worldwide.