Baltic index extends fall as capesizes sink to over 3-month low

The Baltic Exchange’s main sea freight index dipped for a ninth straight session on Thursday, led by tumbling capesize rates as demand for all vessel segments fell. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, shed 128 points, or 7.4%, to 1,603 points, marking its worst day since May …

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