The Baltic Exchange’s main sea freight index rose on Monday for a fifth straight session, helped by higher rates for all vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up 21 points, or 1.8%, at 1,169, its highest level since Nov. 10. The capesize index rose by …
The post Strengthening rates across vessels steer Baltic index higher first appeared on Hellenic Shipping News Worldwide.