14
Apr

Baltic index gains on higher capesize, panamax rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed on Monday, driven by higher capesize and panamax prices. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, gained 8 points, or 0.6%, to 1,282. The capesize index added 24 points or 1.3% …