The Baltic Exchange’s main sea freight index extended its slide on Friday and was headed for a straight third weekly loss as rates weakened across smaller vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 22 points to 2,320 points. The index was down 12% for the …
The post Baltic index posts 3rd straight weekly fall on weakness in smaller vessels first appeared on Hellenic Shipping News Worldwide.