The Baltic Exchange’s main sea freight index fell to its lowest in more than a week on Friday, weighed by weaker demand for capesize and panamax vessels. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 25 points, or 1.5%, to 1,675, its lowest since Feb. …
The post Baltic Slips To Over One-Week Low On Easing Capesize, Panamax Rates first appeared on Hellenic Shipping News Worldwide.