Baltic index rises on firm capesize demand

The Baltic Exchange’s dry bulk sea freight index .BADI, tracking rates for ships carrying dry bulk commodities rose on Monday, buoyed by a jump in the capesize vessel segment. * The overall index .BADI, which factors in rates for capesize, panamax and supramax shipping vessels, rose 17 points, or 1%, to 1,708. * The capesize …

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