Baltic index logs best day in four months on higher capesize rates

The Baltic Exchange’s dry bulk sea freight index registered its biggest daily percentage gain since September on Friday, boosted by a jump in capesize vessel rates. The overall index, which factors in rates for capesize, panamax and supramax vessels, rose 79 points, or 6.1%, to 1,381. However, the index is down 2% for the week, …

The post Baltic index logs best day in four months on higher capesize rates first appeared on Hellenic Shipping News Worldwide.

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