Baltic Dry Index Rises Above 11-Week High

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over 11-week high on Monday, propelled by stronger rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 41 points, or about 2.9%, at 1,465 – … Read more