Home Dry Bulk Market Baltic index drops to 2-week low as smaller vessels fall

Baltic index drops to 2-week low as smaller vessels fall

The Baltic Exchange’s main dry bulk sea freight index fell to a two-week low on Thursday, as a retreat in panamaxes and supramaxes offset a slight uptick in the larger capesize segment. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, declined 12 points, or 0.3%, to 4,001, lowest since …

The post Baltic index drops to 2-week low as smaller vessels fall first appeared on Hellenic Shipping News Worldwide. Source

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