The Baltic Exchange’s dry bulk sea freight index extended losses on Wednesday to a 10-month low, pressured by lower rates across all its vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 124 points, or 5.8%, to 2,027, its lowest since March 16. The capesize index dropped 228 …
The post Weak demand across vessels drags Baltic index to 10-month low first appeared on Hellenic Shipping News Worldwide.