Baltic index dips on sluggish capesize demand

The Baltic Exchange’s main sea freight index declined on Thursday as rates for capesize vessels fell, offsetting gains in other vessel categories.

The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, fell 24 points, or 1.5%, to 1,575 points.

The capesize index was down by…

View entirety: Reuters