The Baltic Exchange’s main sea freight index, which rose on Friday as rates for capesize vessels improved, recorded its biggest weekly drop since early February. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, rose 6 points, or 0.3%, to 2,178. However, the index fell over 4.5% for the week, its …
The post Baltic index gains on higher capesize rates, but posts weekly fall first appeared on Hellenic Shipping News Worldwide.