The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities edged lower on Wednesday, weighed down by softer demand for panamax and supramax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, eased four points, to 1,346 points, its lowest since Sept. …
The post Baltic index edges lower on weaker panamax, supramax rates first appeared on Hellenic Shipping News Worldwide.