Baltic index gains on higher capesize, panamax rates

The Baltic Exchange’s main sea freight index rose on Wednesday, helped by rising rates for the larger vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 55 points or 2.4% to 2,370 points, The capesize index .BACI was up by 97 points, or 2.4%, to 4,189. Average …

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