Baltic index hits over 2-week peak on firm demand for larger vessels

The Baltic Exchange’s dry bulk sea freight index rose to a more than two-week high on Monday, supported by higher rates for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 23 points, or about 1.7%, to 1,347. The capesize index …

Scroll to Top