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Baltic to hold review after BCI turns negative

The Baltic Exchange said it will carry out a review of the capesize index after it plunged even deeper into negative territory based on the C16 backhaul route. Worries about the effects of the coronavirus are also dragging down rates

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The negative backhaul route suggests that vessels are idling amid weak demand and sentiment, market sources said

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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