Baltic Index Slides to 5-Month Low as Capesize, Panamax Rates Retreat
The Baltic Exchange’s dry bulk sea freight index on Tuesday declined to its lowest level since early June, weighed by lower demand for the larger capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 168 points, or 6.1%, to 2,591, its lowest level since June […]