Baltic dry index falls 6% this week
The Baltic Exchange’s index, which tracks rates for ships ferrying dry bulk commodities, declined after 5 weeks.
It is the seventh consecutive session as losses in the capesize vessel segment continued. The Baltic index fell 0.8% this week. This statistic shows the reflection of rates for capesize, panamax and supramax vessels.
The index has fallen 6.1% this week and it is the first weekly loss in five weeks. The capesize index dropped 1.4% while The capesize index fell 8.1% this week. The panamax index edged four points higher, or 0.2%.
Maritime Business World