Baltic index hits over 1-month peak on stronger capesize, panamax rates

The Baltic Exchange’s main sea freight index rose to an over one-month high on Thursday, boosted by higher rates for capesize and panamax segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 159 points, or 6.4%, to 2,644 points, the highest since March 15. The capesize index rose …

The post Baltic index hits over 1-month peak on stronger capesize, panamax rates first appeared on Hellenic Shipping News Worldwide.

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