The Baltic Exchange’s main sea freight index, which tracks rates for capesize, panamax and supramax vessels, rose on Tuesday, on higher rates across larger vessel segments. The Baltic index rose 11 points, or 0.8%, to 1,413. The capesize index gained 37 points, or 1.7%, to 2,244. Average daily earnings for capesizes, which typically transport 150,000-tonne …
The post Baltic index rises on higher capesize, panamax rates first appeared on Hellenic Shipping News Worldwide.