The Baltic Exchange’s main sea freight index slipped on Friday, but registered its fifth consecutive weekly rise bolstered by gains in the capesize vessel segment. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 13 points, or 0.4%, at 3,104 points on Friday. It was up 14.2% this …
The post Capesize strength propels Baltic index to fifth straight weekly gain first appeared on Hellenic Shipping News Worldwide.