Baltic index down for third session as larger vessel rates dip

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a third consecutive session on Tuesday, weighed down by lower rates for the larger vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dipped 44 points, or 3.1%, to 1,368. The …

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