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Baltic index extends rally, hits 13-year high on capesize surge | Hellenic Shipping News Worldwide

The Baltic Exchange’s main dry bulk sea freight index extended its rally on Tuesday, rising about 5% to its highest in 13 years, steered by strong gains in capesize rates, and helped by demand for smaller vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, jumped 245 points, or .

Baltic Dry Index Extends Rally, Hits 13-Year High

Baltic Dry Index Extends Rally, Hits 13-Year High
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