Baltic index gains for third week as larger vessel rates rise

The Baltic Exchange’s main sea freight index gained for a third straight week on Friday, as rates for the larger capesize and panamax vessel segments rose. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 66 points, or 3%, to 2,281, its highest since September 2019. …

The post Baltic index gains for third week as larger vessel rates rise first appeared on Hellenic Shipping News Worldwide.

Scroll to Top