Weak demand across vessels drags Baltic index to worst month in over 2 years

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell on Wednesday and registered its biggest monthly decline in more than two years on waning demand across vessels, led by capesizes. * The overall index, which factors in rates for capesize, panamax, supramax shipping vessels, fell 52 points, or …

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