The Baltic Exchange’s dry bulk sea freight index rose on Tuesday, crawling away from a more than eighth month low, helped by strong demand for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax and supramax vessels, gained 68 points, or 3.1%, to 2,285, snapping a 12 session losing streak. …
The post Baltic index edges up from 8-month low as larger vessel rates rise first appeared on Hellenic Shipping News Worldwide.