The Baltic Exchange’s dry bulk sea freight index rose for a seventh straight session Monday, as strong capesize rates offset losses in the smaller vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 9 points to 2,727 points, its highest since Dec. 14. The capesize index …
The post Baltic index up for seventh day on higher capesize rates first appeared on Hellenic Shipping News Worldwide.