Baltic index falls to its lowest in over a month on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index hit its lowest level in more a month on Wednesday, as rates declined across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 85 points, or 3.8%, to 2,128 points. The capesize index fell 134 points, or 8.3%, …

The post Baltic index falls to its lowest in over a month on weaker vessel rates first appeared on Hellenic Shipping News Worldwide.

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