Baltic index extends fall on dip in larger vessels

The Baltic Exchange’s main sea freight index (.BADI) extended its declines to a fourth session on Tuesday, 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, fell 40 points, or about 2%, to 1,904. The capesize index (.BACI) also …

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