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Main sea freight index at Baltic Exchange drops further to 771 points

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The main sea freight index at Baltic Exchange for bigger vessels dropped further on Friday hurt by weaker rates for capesize and panamax vessels.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, down by another 11 points to 771 points on Friday.

The main sea freight index at Baltic Exchange is the rate which tracks for ships carrying dry bulk commodities.

Source:Scrap Register

Zhejiang Yaang Pipe Industry Co., Limited

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