The Baltic Exchange’s dry bulk sea freight index fell for the eleventh session on Thursday, as weaker capesize rates overshadowed gains in the panamax vessel segment. The overall index, which factors in rates for capesize, panamax and supramax vessels, shed 10 points, or 0.5%, to 2,219, its lowest level since April 14. The main index …
The post Baltic index falls for eleventh day on capesize weakness first appeared on Hellenic Shipping News Worldwide.