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Baltic Dry Index Logs First Gain of 2016

Feb 12 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the first time this year on Friday, helped by higher rates for panamax vessels. However, the dry bulk market is expected to remain under pressure as a gloomy outlook for global demand persists. The […]

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WP_Post Object ( [ID] => 105460 [post_author] => 4 [post_date] => 2016-02-12 15:22:14 [post_date_gmt] => 2016-02-12 15:22:14 [post_content] =>

Photo: Shutterstock/Volodymyr KyrylyukFeb 12 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the first time this year on Friday, helped by higher rates for panamax vessels. However, the dry bulk market is expected to remain under pressure as a gloomy outlook for global demand persists. The […]

The post Baltic Dry Index Logs First Gain of 2016 appeared first on gCaptain.

[post_title] => Baltic Dry Index Logs First Gain of 2016 [post_excerpt] =>

Photo: Shutterstock/Volodymyr KyrylyukFeb 12 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the first time this year on Friday, helped by higher rates for panamax vessels. However, the dry bulk market is expected to remain under pressure as a gloomy outlook for global demand persists. The […]

The post Baltic Dry Index Logs First Gain of 2016 appeared first on gCaptain.

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