Baltic index posts weekly rise on stronger vessel rates

The Baltic Exchange’s dry bulk sea freight index hit a one-month peak on Friday and logged a weekly gain, as rates across all segments pushed higher. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 29 points, or 1.8%, at 1,610 points, its highest since Jan 10. The …

Scroll to Top