04
Feb

Baltic Index Ticks Higher As Panamax Rates Climb

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged higher on Monday, buoyed by gains in the panamax vessel segment. The index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 3 points to 738 points. The panamax index gained 30 …