Baltic index slips as capesizes fall; posts first weekly rise in five

The Baltic Exchange’s dry bulk sea freight index (.BADI) marked its first weekly gain in five, even as it slipped on Friday due to a fall in capesize rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, shed 35 points, or about 2.5%, to 1,355. …

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