Baltic index posts weekly gain on pickup in rates across vessels

The Baltic Exchange’s main sea freight index gained on Friday, and notched a weekly rise, on stronger rates across all vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, rose by 50 points, or 4.3%, at 1,211, its highest since Nov. 30. The index rose 1.2% for the week. …

The post Baltic index posts weekly gain on pickup in rates across vessels first appeared on Hellenic Shipping News Worldwide.

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