Ports and Shipping.

Byline: S. Kamal Hayder Kazmi

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched up on Wednesday, helped by stronger demand across all vessel segments. The Baltic index, which tracks rates for capesize, panamax and supramax vessels, rose 14 points, or nearly 1percent, to 1,440 points, after registering its biggest one-day percentage gain in four-and-a-half months on Tuesday.

The capesize index jumped 30 points, or 1 percent, to 2,983. Average daily earnings for capesizes, which...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT