Baltic index falls to 2-week low as panamax, supramax rates slip

The Baltic Exchange’s dry bulk sea freight index fell to a more than two-week low on Monday, as a decline in smaller vessel rates eclipsed gains in the capesize segment. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 12 points, or 0.5%, to 2,277, its lowest since Dec. 24. …

The post Baltic index falls to 2-week low as panamax, supramax rates slip first appeared on Hellenic Shipping News Worldwide.

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