Home Dry Bulk Market Baltic index logs first weekly dip in 7 as rates retreat across vessels

Baltic index logs first weekly dip in 7 as rates retreat across vessels

The Baltic Exchange’s main dry bulk sea freight index retreated to a two-week low on Friday on lower rates for all vessels, steering it to its first weekly decline in seven. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, fell 57 points, or 1.4%, to 3,944, its lowest since …

The post Baltic index logs first weekly dip in 7 as rates retreat across vessels first appeared on Hellenic Shipping News Worldwide. Source

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