Category: Logistic
-
Baltic Dry Index rebounds as Capesize and Supramax strengthen; Panamax remains under pressure
Capesize recovery and Supramax resilience support BDI Persistent Panamax weakness continues to weigh on the market The Baltic Dry Index (BDI) snapped a two-day losing streak on 20 August, rising 15 points (0.5%) d-o-d to 2,791 from 2,776 on 19 August. The recovery was supported by firmer Capesize and Supramax freight rates, while continued weakness…