Home Dry Bulk Market Baltic index dips to two-week low as rates retreat for all vessels

Baltic index dips to two-week low as rates retreat for all vessels

The Baltic Exchange’s main dry bulk sea freight index on Monday fell to a two-week low on declining rates across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, fell 122 points, or 3.1%, to 3,822. That was its lowest since Aug. 17. The capesize index declined …

The post Baltic index dips to two-week low as rates retreat for all vessels first appeared on Hellenic Shipping News Worldwide. Source

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