Baltic index slips on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index slipped on Tuesday and snapped a three-session winning streak, weighed down by lower capesize rates. The overall index which factors in rates for capesize, panamax and supramax shipping vessels, was down 45 points, or 3%, to 1,473. The capesize index fell 173 points or 7.6%, to 2,099. …

Scroll to Top