Baltic index inches up as firmer panamax rates lend support

The Baltic Exchange’s main sea freight index edged higher for the third straight session, propped up by stronger rates for the panamax vessel segment. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, was 2 points higher at 1,350. The Baltic capesize …

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