Baltic index hits 8-month low as smaller vessels weigh

The Baltic Exchange’s dry bulk sea freight index slipped for an eighth straight session to its lowest level since mid-April, hurt by a decline in rates across its smaller panamax and supramax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, was down 8 points, or 0.3%, to 2,371, …

The post Baltic index hits 8-month low as smaller vessels weigh first appeared on Hellenic Shipping News Worldwide.

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