21
Jan

Baltic index falls to 19-month low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit its lowest in more than 19 months on Monday as rates dipped across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 30 points, or 3.04%, to 957 …