The Baltic Exchange’s main sea freight index gained on Friday, but booked its first weekly loss in three as capesize vessel rates dropped. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, climbed by 8 points or 0.7%, to 1,197. The index weakened 2.7% this week. The capesize index was up …
The post Baltic index posts first weekly fall in three as capesize rates decline first appeared on Hellenic Shipping News Worldwide.