Baltic index scales 1-month high on firm rates for larger vessels

The Baltic Exchange’s dry bulk sea freight index rose to a one-month high on Monday, buoyed by firm capesize and panamax vessels rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 27 points, or 1.8%, at 1,572 points, its highest since Jan. 10. The capesize index added …

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