Baltic index ticks down as smaller vessel rates dip

The Baltic Exchange’s dry bulk sea freight index declined on Thursday, as lower rates for panamax and supramax vessels outweighed strength in the capesize segment. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 5 points, or 0.2%, at 2,086, its lowest since late November. The capesize index rose …

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