The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to a more than one-week high on Wednesday on higher demand for capesize vessels. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, rose 35 points, or 1.7%, to 2,127, its highest since March …

The post Baltic index touches over one-week peak on capesize strength first appeared on Hellenic Shipping News Worldwide.