The Baltic Exchange’s main sea freight index soared to its highest in 11 years on Thursday as rates across all vessel segments were lifted by strong demand for dry bulk commodities. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, added 91 points, or 2.9%, to 3,267, its highest level since …
The post Baltic index surges to 11-year peak on robust demand first appeared on Hellenic Shipping News Worldwide.