Baltic index falls to 23-month low as capesize and supramax rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its losses to a nearly two-year low on Wednesday, pressured by a dip in rates across capesize and supramax segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 20 points …

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