Baltic index snaps 10-session losing streak as capesize rates jump

The Baltic exchange’s main sea freight index snapped a 10-session losing streak on Wednesday, supported by a jump in capesize rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 61 points, or 2.5%, to 2,481. The capesize index rose by 95 points, or 4%, to …

The post Baltic index snaps 10-session losing streak as capesize rates jump first appeared on Hellenic Shipping News Worldwide.

Scroll to Top