Weak vessel demand drags Baltic index lower

The Baltic Exchange’s dry bulk sea freight index extended its fall to an 11th session on Wednesday, as demand waned across all segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 56 points, or about 4.1%, to 1,321. The capesize index (.BACI) shed 102 …

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