As Reuters reports, the Baltic Exchange’s main sea freight index reached its lowest level in April 2019, impacted by falling rates across the capesize and panamax segments.
Accordingly, the tracks rates concerning capesize, panamax and supramax vessels ferrying dry bulk commodities, dropped 25 points, or 3.3%, to 729.
Specifically:
- The capesize index decreased by 119 points, or 16.7%, to 593 – its lowest since April 23. The index registered its 27th straight session of losses, and also its...
https://safety4sea.com/baltic-exchange-reports-nine-month-low/