Baltic index rises as capesize segment logs gains

The Baltic Exchange’s dry bulk sea freight index rose on Tuesday, buoyed by rising rates across the capesize vessel segment. The index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 31 points to 1,405 points. The capesize index rose 118 points to 1,967 points. Average daily earnings for capesize vessels, which …

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