Declines in larger vessels drag down Baltic index

The Baltic Exchange’s main sea freight index fell for a second straight session on Wednesday, pressured by losses in the larger capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 108 points, or 4.5%, to 2,284 points. The capesize index was down by 300 …

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