Baltic index falls as rates for larger vessels dip, posts weekly gain

The Baltic Exchange’s dry bulk sea freight index fell on Friday, tracking larger capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, shed 71 points, or 2.1% to 3,272. It had scaled its highest in over a month on Wednesday. However, the main index gained 3.2% …

The post Baltic index falls as rates for larger vessels dip, posts weekly gain first appeared on Hellenic Shipping News Worldwide.

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