06
Dec

Baltic index extends losses on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday, pressured by lower rates in capesize vessels. The index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 20 points to 1,160 points, its lowest since Sep. 2023. The capesize index fell …