The Baltic exchange’s main sea freight index fell for a fourth consecutive session on Monday, dragged lower by a dip in rates for capesize and panamax vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 83 points, or 2.8%, to 2,856, the lowest level …
The post Baltic index extends falls on lower capesize, panamax rates first appeared on Hellenic Shipping News Worldwide.