The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, posted its biggest one-day loss in nearly seven weeks on Wednesday, dragged lower by falling rates for all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 89 points, or 2.8%- …
The post Baltic index posts worst day in seven weeks as rates decline first appeared on Hellenic Shipping News Worldwide.