Baltic index hits near four-week high as capesize rates jump

The Baltic Exchange’s dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, rose to its highest in close to four weeks, propelled by gains in the capesize vessels. * The overall index .BADI, which factors in rates for capesize, panamax and supramax shipping vessels, added 9 points, or 0.5%, …

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