
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Tuesday, boosted by a surge in capesize rates following a positive iron ore outlook.
The Baltic index, which tracks rates for capesize, panamax and supramax vessels, rose 75 points, or 5.6%, to 1,426 points. The index posted its steepest daily percentage rise since…
View entirety: Reuters