The Baltic exchange’s main sea freight index slipped for the tenth straight session on Tuesday, pressured by a decline in capesize rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, shed eight points, or 0.3%, to 2,420. The capesize index fell by 74 points, or 3%, …
The post Baltic Index Slides For 10th Session As Capesize Rates Fall first appeared on Hellenic Shipping News Worldwide.