The Baltic Exchange’s main sea freight index slipped on Monday, weighed down by weaker rates for capesize and panamax vessels. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, fell 28 points, or 0.9%, to 3,190. The capesize index dipped 76 points, or 1.9%, to 3,953. Average daily earnings for capesizes, …
The post Baltic index edges down on weaker capesize, panamax demand first appeared on Hellenic Shipping News Worldwide.