04
Mar

Baltic Index Hits Three-Month High On Strong Capesize Demand

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels carrying dry bulk commodities, firmed on Monday to scale its highest level in three months, steered by strong capesize rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 47 points at 1,276 points, its …