Baltic index drops for 3rd week as rates across vessel segments dip

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, fell for a third straight week on Friday, as rates across vessel segments dropped. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down six points, or about 0.3%, at 2,067 points, posting …

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