Baltic index down at near four-week low on falling rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, on Monday was down at its lowest since early January, as rates weakened across vessel segments. The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 8 points, or 0.6%, to 1,444. …

The post Baltic index down at near four-week low on falling rates first appeared on Hellenic Shipping News Worldwide.

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