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Baltic Dry Index Falls to More Than 7-Week Low

The Baltic Exchange Dry index fell 2.2% to 2,852 on Monday, its lowest level since August 21. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, tumbled 4.4% to 4,148, its lowest level since late July. On the other hand, the panamax index, which usually carries 60,000 to 70,000 tons of ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

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