Baltic index snaps six-session losing streak as capesize rates gain

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a six-session losing streak on Tuesday, supported by gains in capesize rates. The index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 52 points to 1,581 points. The capesize index rose 166 points …

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