Baltic index rises as capesize vessel segment posts gain

The Baltic Exchange’s dry bulk sea freight index rose on Wednesday, supported by a strong gain in the capesize vessel segment. The index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 22 points to 1,427 points. The capesize index rose 93 points to 2,060 points. Average daily earnings for capesize vessels …

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