Baltic index snaps 9-session winning streak on capesize weakness

The Baltic Exchange’s main sea freight index snapped its nine-session winning streak on Friday, weighed down by lower capesize rates, but posted a second straight weekly gain. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 18 points, or about 1.7%, to 1,076, its biggest fall in two weeks. …

Scroll to Top