Baltic index climbs to more than 2-month high on firm vessel rates

The Baltic Exchange’s dry bulk sea freight hit a more than two-month high on Monday, on robust demand across all vessel segments. The overall index .BADI, which factors in rates for capesize, panamax and supramax shipping vessels, was up 94 points, or 4.3%, at 2,297 points, its highest since Dec. 15. The capesize index .BACI …

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