Higher capesize rates buoy Baltic index

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Tuesday as stronger demand for capesize vessels offset a dip in panamax and supramax rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up 20 points, or about 1%, to 2,092. …

The post Higher capesize rates buoy Baltic index first appeared on Hellenic Shipping News Worldwide.

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