The Baltic Exchange’s dry bulk sea freight index jumped on Friday, but posted a weekly drop with the panamax index suffering its steepest weekly decline since February 2019. The overall index, which factors in rates for capesize, panamax and supramax vessels, gained 98 points, or 4%, to 2,552. For the week, the main index has …
The post Baltic index jumps; panamaxes post worst week since early 2019 first appeared on Hellenic Shipping News Worldwide.