Baltic index slips on weaker rates for capesize vessels

The Baltic Exchange’s dry bulk sea freight index ticked down on Thursday as weakness in the capesize vessel segment overshadowed higher rates for smaller vessels. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was down 8 points, or 0.5%, to 1,499. “Lower than expected economic activity in China and …

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