The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, climbed to its highest since mid-2010 on Thursday as demand improved for all vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels gained 50 points, or 1.7%, to 3,007, extending its winning streak …
The post Baltic index rises to near 11-year peak on buoyant vessel rates first appeared on Hellenic Shipping News Worldwide.