12
Mar

Baltic index hits 15-week high as rates of all vessel sizes rise

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a 15-week peak on Wednesday as rates rose across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 123 points to 1,559 points, its highest level since November …