The Baltic exchange’s main sea freight index rose on Friday, driven by higher capesize vessel rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 45 points, or nearly 1.6%, to 2,869. But it was down 2.4% for the week. The capesize index rose 116 points, …
The post Baltic index gains on higher capesize rates first appeared on Hellenic Shipping News Worldwide.