The Baltic Exchange’s main sea freight index rose for a fourth straight session and booked its first weekly gain in four on Friday, propelled by stronger demand across vessels. The overall index, which factors in rates for capesize, panamax and supramax vessels, added 116 points, or 4.7%, to 2,578. The index was up 11.1% for …
The post Baltic index logs weekly gain on firm vessel demand first appeared on Hellenic Shipping News Worldwide.