The Baltic Exchange’s main sea freight index fell on Friday, posting a fourth straight weekly decline pressured by lower rates across all vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, fell 14 points, or 1.1%, to 1,283. The index lost 9.3% this week and was down for the …
The post Baltic index posts fourth straight weekly decline on lower vessel rates first appeared on Hellenic Shipping News Worldwide.