Baltic index falls on dip in larger vessels

The Baltic Exchange’s main sea freight index (.BADI) fell on Monday, pressured by a dip in the capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was down 17 points, or 0.9%, at 1,944. The capesize index (.BACI) lost 55 points, or 2.3%, at 2,341. …

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