Home Dry Bulk Market Baltic Index Drops To Three-Week Low On Broad-Based Weakness

Baltic Index Drops To Three-Week Low On Broad-Based Weakness

The Baltic Exchange’s main dry bulk sea freight index dropped on Tuesday to its lowest since mid-August, as demand eased across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, fell for a sixth straight session by 115 points, or 3%, to 3,707, its lowest since Aug. …

The post Baltic Index Drops To Three-Week Low On Broad-Based Weakness first appeared on Hellenic Shipping News Worldwide. Source

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