Baltic freight indexes nosedive in 24 January trading

摘要

Freight rates have continued dropping again this week, and the Baltic index took a nosedive today, with numbers for handysize, panamax and supramax indexes dropping a further 4-7% on the 22 January index numbers. To illustrate the development over the last month, data from 23 December 2007 is compared to 24 January 2008 figures in rounded numbers in the following.