The Baltic Exchange’s dry bulk sea freight index fell for a 13th straight session on Tuesday, dragged lower by weaker rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 48 points, or 3.5%, to 1,343, its lowest since mid-February 2021. The capesize index dropped 91 …
The post Baltic index extends fall on waning demand for vessels first appeared on Hellenic Shipping News Worldwide.