Baltic index inches up as rates across vessel segments rise

The Baltic Exchange’s dry bulk sea freight index rose on Thursday, buoyed by an uptick in rates across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, rose 6 points, or 0.4%, to 1,425. The capesize index gained 11 points, or 0.9%, to 1,291. Average daily earnings for capesizes, …

The post Baltic index inches up as rates across vessel segments rise first appeared on Hellenic Shipping News Worldwide.

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