Baltic index slides to 6-month low as vessel rates falter

The Baltic Exchange’s main sea freight index dropped to its lowest since February on Wednesday, extending its decline to the eighth day, on lower demand across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 86 points, or 4.7%, to 1,731 points. The capesize index dropped 181 …

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