Baltic index falls on weaker rates for large vessels

The Panamax index fell four points, or 0.3 per cent, to 1,406. Average daily earnings for Panamax vessels lost $42 to $12,652.

Among smaller vessels, the supramax index gained six points to 945, a near two-week high.

(Reporting by Anushree Mukherjee in Bengaluru; Editing by Vijay Kishore)