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Maritime News - 2021 Aug 14

14 Aug 2021

Baltic Dry Index Rises Above 11-year Peak

© Lukasz Z / Adobe Stock

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rallied to its highest in more than 11 years on Friday, fuelled by strong demand across vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, jumped to 3,566, up about 2% or 63 points, at its highest level since mid 2010.The main index also registered a 5.8% gain for the week…

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